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$4650000   Price Analysis
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609 Broadway St
Venice, CA 90291
7 bed 7 bath 6134 SqFt ($758/SqFt)
5199SqFt lot. Built 2021
Listed 2024-06-14, Taxes $19822
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

609 and 611 Broadway is a Scandinavian-inspired townhome duplex designed by award-winning Venice architect Robert Thibodeau of Design Universal Architects.

Built in 2021, this new construction property embodies the Venice lifestyle many dreams about, blending unique architectural details, elegance, functionality and a premier walkable location. Located one block south of Brooks Ave, its central Venice location offers compelling fundamentals, abundant entertainment and dining amenities and convenient access to employment hubs throughout Silicon Beach. 609 and 611 Broadway are less than a mile from a selection of lively community hubs, including AbbotKinney (0.4 Mile), Rose Ave, Venice Beach (0.6 mile) and Ocean Park (1 Mile). This turnkey investment features(1) VACANT 4-bdrm. and 4-bath 3-story townhome w/ rooftop deck and (1) 3-bdrm. and 3-bath 3-story townhome w/ rooftop deck.

Each townhome's layout is meticulously designed, allowing for flexibility between comfortable and luxurious daily living, entertaining and al-fresco dining. Designed by Robert Thibodeau, this well-known architect believes in regional modernism and working with the local climate and lifestyle. He achieves this concept by getting light, protecting privacy and working with textures and materials native to the area. Each contemporary townhome features Scandinavian-inspired architecture, redwood ceilings in the 2nd-floor living area and primary suite, signature 15-foot ceilings for an open and airy entertainment space, Caesarstone countertops, top-of-the-line appliances, recessed lighting and a rooftop deck with a fire pit. Property amenities include in-unit washer and dryer, gated and secured entry, (2) 1-car garages and surface parking spaces. 609 and 611 Broadway presents a future value-added pportunity, as the duplex may be converted into individual condos (buyer to verify).


Presented by Kenny Stevens at
COMPASS.


Property MLS #24-404151 from TheMLSCLAW

Bedrooms: 7

Total Bathrooms: 7
Full Bathrooms: 7

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Central
Heating Features: Central

Flooring: Wood

Lot Size Acres: 0.1193526
Lot Size Source: Builder
Lot Size Square Feet: 5199

Garage Spaces: 2
Garage Description: Garage - 1 Car, Side By Side
Parking Total: 4

View: City, City Lights
Other Equipment: Dishwasher, Dryer, Built-Ins, Freezer, Refrigerator, Range/Oven, Washer
Security Features: Automatic Gate

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 4, 1 SquareFeet: 16000, 2 BedsTotal: 3, 2 BathsTotal: 3, 2 SquareFeet: 14500

Source Listing Status: Active
County: Los Angeles
Cross Street: 6th Ave. and Broadway St.
Cap Rate: 5.43
Directions: Located one block south of Brooks Ave. and 6th Ave, the subject property is within 0.5 miles of Abbot Kinney, Rose Ave, and Venice Beach.
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4239-012-043
Postal Code Plus 4: 3403
Zoning: LARD.15
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$334654 + $1338620
$1673274
$19822
2021$328093 + $1312373
$1640466
$19582
2020$324729 + $1298917
$1623646
$19786
2019$318362 + $1273449
$1591811
$18993
2018$312120 + $1248480
$1560600
$18884
2017$306000 + $1224000
$1530000
$18472
2016$414213 + $755939
$1170152
$14139
2015$407992 + $744585
$1152577
$13931
2014$29175 + $15178
$44353
$660
2013$29044 + $15110
$44154
$654
2012$28475 + $14814
$43289
$660
2010$27917 + $14524
$42441
$663
2009$27775 + $14451
$42226
$635
2009$27709 + $14416
$42125
$635
2008$27231 + $14168
$41399
$615
2007$26698 + $13891
$40589
$588

Listing removed 2024-07-17
$11000
TheMLSCLAW
Listing removed 2024-06-15
$0
TheMLSCLAW
Listed 2024-06-14
$4650000
TheMLSCLAW
Price Changed for rent 2024-06-06
$11000
TheMLSCLAW
Price Changed for rent 2024-05-17
$12000
TheMLSCLAW
Price Changed 2024-04-25
$2445000
TheMLSCLAW
Price Changed for rent 2024-04-22
$13000
TheMLSCLAW
Price Changed 2024-03-27
$2495000
TheMLSCLAW
Listed for rent 2024-03-22
$13500
TheMLSCLAW
Price Changed 2024-02-06
$2625000
TheMLSCLAW
Listing removed 2024-01-25
$15000
TheMLSCLAW
Listing removed 2024-01-25
$16000
TheMLSCLAW
Listed 2023-12-13
$2650000
TheMLSCLAW
Listing removed 2023-11-17
$0
TheMLSCLAW
Relisted 2023-11-15
$5495000
TheMLSCLAW
Listing removed 2023-10-09
$0
TheMLSCLAW
Price Changed 2023-07-11
$5495000
TheMLSCLAW
Listed 2023-06-22
$5849000
TheMLSCLAW
Listing removed 2023-05-02
$0
TheMLSCLAW
Listed 2022-09-12
$5995000
TheMLSCLAW
Listing removed 2022-07-18
$0
TheMLSCLAW
Price Changed 2022-05-16
$2995000
TheMLSCLAW
Listing removed 2022-05-06
$0
TheMLSCLAW
Listed 2022-05-06
$3195000
TheMLSCLAW
Listed 2022-04-12
$5995000
TheMLSCLAW
Listing removed 2022-03-11
$0
TheMLSCLAW
Listed 2021-10-05
$6250000
TheMLSCLAW
Listing removed 2016-06-19
$1595000
TheMLSCLAW
Sold 2016-06-16
$1500000
Public Record
Listing removed 2015-04-01
$1000000
TheMLSCLAW
Listed 2015-02-25
$1595000
TheMLSCLAW
Listing removed 2014-12-04
$1000000
CRMLS
Relisted 2014-09-25
$1000000
TheMLSCLAW
Listing removed 2014-08-03
$1000000
TheMLSCLAW
Relisted 2014-07-03
$1000000
TheMLSCLAW
Listing removed 2014-06-30
$1000000
TheMLSCLAW
Listed 2014-06-26
$1000000
CRMLS
Listed 2014-06-26
$1000000
TheMLSCLAW

Net Operating Income: 252524

Total Square Feet Living: 6134
Year Built: 2021
Common Walls: Attached
Direction Faces: South
Levels: Multi Levels
Living Area Source: Builder
Property Age: 3
Property Condition: New Construction
Levels or Stories: 3
Building Total Stories: 3
House Style: Modern
Year Built Source: Builder
Architectural Style: Modern

Westminster Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.2 miles away.
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Venice Senior High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.1 miles away.
directions icon Map directions

Ecole Claire Fontaine is a private elementary school located approximately 0.1 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.