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564 Broadway St
For Sale $1,995,000 ($1,794.06 per Sq Ft)
$1,995,000 ($1,794.06 per Sq Ft)
- 4 Bedrooms
- 2.00 Bathrooms
- 1,112 Sq Ft
- 5,004 Sq Ft
Description
Welcome to this stunning duplex in the heart of Venice Beach, just steps from the sand and surf! This property offers two beautifully designed homes, each with its own private outdoor space, making it perfect for owners and investors alike. Back House (2 Bed, 1 Bath): Recently renovated, this chic 2-bedroom, 1-bath retreat features vaulted ceilings and skylights that flood the space with natural light. The open floor plan creates a seamless flow, and the exquisite landscaping captures the essence of the West Coast lifestyle. Whether you're enjoying the sunny California days indoors or out, this home offers the perfect blend of modern style and beachy tranquility. Front House (1 Bed, 1 Bath + Loft): The cozy front home boasts 1 bedroom, 1 bath, and a versatile loft space that can serve as an office, guest room, or even an extra bedroom. The charming design extends to the outdoor area, providing a serene, private yard for entertaining or relaxation.Property Highlights: Separate yards for each home, ensuring privacy for both units, Large central hardscaped area, perfect for communal gatherings or future development, ample parking with a spacious parking pad, and potential to add another unit for even more rental income or guest space. This duplex is ideal for those looking to invest or live in one of the most coveted neighborhoods in Los Angeles. With its stylish upgrades, outdoor spaces, and proximity to the beach, it's a rare opportunity to own a piece of Venice paradise!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,995,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 1,112 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1921 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4239020001 |
| MLS # | 24450919 |
| Property ID | 290106900 |
| Lot Sqft | 5,004 |
| Zoning | LARD1.5 |
| Total Units | 2 |
| Days on Market | 44 |
| Original List Price | $1,995,000 |
| Date Updated | October 25, 2024 |
| Date Created | October 17, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $5,000 | $6,500 |
| Unit #2 | 2 | 1.00 | $4,400 | $4,500 |
| Gross Income (Yr) | $ 112,800 |
| Operating Expenses | $ 31,940 |
| Net Income (Yr) | $ 80,860 |
| Cap Rate | 4.10% |
Listing Provided By
Tyler Kunkle an agent of . Lic #01965642
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