817 Broadway St, Venice, CA 90291
817 Broadway St, Venice, CA 90291
817 Broadway St, Venice, CA 90291
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,495,000
Est. payment /mo
6 Beds
5 Baths
3,556 SqFt
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Open House

Sun May 31, 2:00pm - 5:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,556 sqft

Price per Sqft $701

MLS Listing ID 26828637

Bedrooms 6

Year Built 1926

Lot Size 5,804 Sqft

Acres 0.1332

Property Sub-Type Multi-Family

Property Description

Located in one of Venice's most sought-after pockets, 815-817 Broadway presents a rare opportunity to own a thoughtfully updated, income-producing triplex with strong in-place returns and meaningful long-term upside. All three units have been tastefully updated and are filled with natural light, creating warm, inviting living spaces tenants truly enjoy. Each residence features in-unit laundry, its own separate water meter, and a layout that offers a level of privacy rarely found in multi-unit properties. The like-new front residence lives much like a single-family home, complete with its own privatized yard, ideal for those who value space, separation, and indoor-outdoor living. The two rear units are uniquely positioned with no shared common wall, enhancing both quiet and livability, and both feature A/C for added comfort. One of the rear units is now vacant, presenting an ideal opportunity for an owner-user to move into a private, quiet residence while benefiting from strong rental income from the remaining units. Previously generating $12,100 per month in rental income when fully occupied, the property offers compelling cash flow with additional upside ahead. The property also benefits from a valuable RSO exemption, allowing for greater flexibility and operational efficiency over time. Further enhancing the opportunity is the potential to convert approximately 500 square feet of storage into a studio ADU, with projected rents of approximately $2,000-$3,000 per month, offering a meaningful path to increased income and overall value. Rounding out the offering is a rare Venice amenity: seven garage parking spaces, providing added tenant appeal and potential for additional revenue. With strong existing income, vacancy upside, thoughtful updates, exceptional privacy, and future development potential, 815-817 Broadway stands out as a compelling investment in one of Venice's most dynamic neighborhoods. Whether you're looking to invest, live in one unit while generating income, or position yourself for long-term growth, this is a property that meets you where you are and grows with you over time.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Combination

Cooling Other, Air Conditioning

Flooring Mixed

Fireplaces Type None

Equipment Dishwasher, Dryer, Refrigerator, Washer

Exterior

Parking Features Garage - 4+ Car, Garage Is Attached

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pardee Properties

NEARBY SCHOOL & BUSINESS

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