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606 Broadway St
For Sale $6,000,000
$6,000,000
- Units
- Unknown Sq Ft
- 13,747 Sq Ft
- Unknown Cap Rate
Description
EQTY Forbes Global Properties is pleased to present a rare offering of two contiguous parcels at 602-606 Broadway Street in the creative heart of Venice Beach. The subject properties consist of a wood-frame church building and parking lot, totaling 13,747 square feet of site area along Broadway Street. The lots are level and contain all necessary utilities. The church building measures 4,550 square feet and was built in 1927. An accessible alleyway runs directly behind the properties.
The subject properties are zoned LARD 1.5, allowing 1 unit to be built for every 1500 square feet of lot area, or 9 units in total. This presents an opportunity for developers and investors to construct a creative residential project for a small lot subdivision. Similar projects, consisting of three-story townhome-style residences with on-grade parking and accessible rooftops, have proven appealing in other parts of Los Angeles.
This prime Venice location is within walking distance of popular Abbot Kinney Boulevard, featuring trendy breakfast eateries, designer clothing shops, alluring gastropubs, restaurants, and community/family events. The local beach and boardwalk are a short 4-minute bike ride, which allows for daily excursions and getaways.
Buyers and investors can reach out directly with further questions or represention assistance. Buyer to perform their due diligence.
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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 | $6,000,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4239019044 |
| MLS # | JT24143992 |
| Property ID | 320670632 |
| Lot Sqft | 13,747 |
| Zoning | LARD 1.5 |
| Days on Market | 138 |
| Original List Price | $6,000,000 |
| Date Updated | October 17, 2024 |
| Date Created | July 12, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jerry Goble an agent of . Lic #01939171
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 17, 2024 The information being 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.
Robert Crawford
REAL ESTATE AGENT