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    609 Broadway St

    Venice, CA 90291
    • $6,250,000
    • STATUS: Active
    • ON SITE: 11 Days
    • ID#: 21-791784
    UPDATED: 29 min ago
    $6,250,000
    • 7
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,127
      SQFT
    • $1,020
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:
    Area:

    School Ratings & Info

    Description

    Exquisite architectural duplex designed by award winning Venice Architect, Robert Thibodeau. This Venice Beach duplex located blocks from Abbot Kinney consists of a 4-bedroom, 4-bathroom front unit and a 3-bedroom, 3 bathrooms back unit, totaling over 6,000 sq ft. Features include Caesar stone Kitchen countertops, Carrera covered bathrooms, Cedar siding, white oak hardwood flooring, and high-end appliances. Both units have a 1,400 sq ft loft like great room with 15' ceilings, and private rooftop decks. The master suite comprises the entire third level while the entry level of each unit consists of the remaining bedrooms and bathrooms, entertainment room and a 4-car garage. Excellent opportunity for an owner user, 1031 exchange, savvy investor, corporate housing and co-living/sober-living. Similar units in the neighborhood are taking advantage of corporate housing and leasing above average market rents. Currently under construction with an estimated completion date of Mid November 2021.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-16T23:42:35.183. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/122094797
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    609 Broadway St Venice, CA 90291

    • Price: $6,250,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 21-791784
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    6,127
    SQFT
    $1,020
    $/SQFT
    2021
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    Exquisite architectural duplex designed by award winning Venice Architect, Robert Thibodeau. This Venice Beach duplex located blocks from Abbot Kinney consists of a 4-bedroom, 4-bathroom front unit and a 3-bedroom, 3 bathrooms back unit, totaling over 6,000 sq ft. Features include Caesar stone Kitchen countertops, Carrera covered bathrooms, Cedar siding, white oak hardwood flooring, and high-end appliances. Both units have a 1,400 sq ft loft like great room with 15' ceilings, and private rooftop decks. The master suite comprises the entire third level while the entry level of each unit consists of the remaining bedrooms and bathrooms, entertainment room and a 4-car garage. Excellent opportunity for an owner user, 1031 exchange, savvy investor, corporate housing and co-living/sober-living. Similar units in the neighborhood are taking advantage of corporate housing and leasing above average market rents. Currently under construction with an estimated completion date of Mid November 2021.
    Exterior Features

    Carport Spaces Total 1 Covered Parking 5 Lot Size Area 5199 Other Structures None Parking Garage Garage - 4+ CarCarport Attached Style Architectural Total Parking 5

    Interior Features

    Baths Total 7.00 Cooling Air ConditioningCentral Equipment FreezerWasherDryerRefrigeratorRange/Oven Heating Central

    Property Features

    Assessed Total Value 1623646 Gross Income 360000 Gross Operating Income 360000 Like Units1 1 Like Units2 1 Net Operating Income 255000.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Builder Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 105000 Type Of Units Duplex Year Built Source Builder Zoning Lard1.5

    Listing provided courtesy of Sabine Gebser DRE#01355288 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-16T23:42:35.183. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101