Homes for sale - 654 Broadway ST, Venice, CA 90291

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,970,000

Est. payment - /mo

4 Beds

4 Baths

2,200 SqFt

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UPDATED:

02/21/2025 05:55 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $895

MLS Listing ID 25494679

Bedrooms 4

HOA Y/N No

Year Built 1980

Lot Size 5,183 Sqft

Property Description

Rare TIC Venice Duplex with Seller Financing Available at 6.5%: Opportunity to own 2 side by side townhomes in this price Venice location, just moments from Abbot Kinney Boulevard. This rare offering includes two beautifully updated townhomes that blend coastal charm with modern convenience. With a combined total of over 2,200 SF of living space, each 2-bedroom, 1.5-bath townhome is available and vacant creating a 4-bedroom duplex-style compound in one of LA's most sought-after neighborhoods. This is an ideal opportunity for owner-occupants, investors, or multi-generational living. Property Features & Design Highlights: Open-concept kitchens with brand-new appliances, seamlessly connecting to the dining and living areas. Large walk-in closet in primary bedroom with both bedrooms upstairs. Soaring skylights fill the living spaces with natural light, creating a bright and airy ambiance. Luxurious spa-like bathrooms with large soaking tubs and dual vanitiesUpstairs laundry areas with stacked washer & dryer in each unit. Recent renovations in the last 6 months include new roofs and new windows, ensuring a move-in-ready experience. Gated 3-car carport parking, providing security and ease in a bustling beachside communityBeautifully landscaped shared outdoor seating area, perfect for relaxing or entertaining. Incredible Investment & Expansion Opportunity: Beyond their prime location and stylish upgrades, these properties offer tremendous value-add potential: Buy individually or together a rare chance to own two designer-owned townhomesOpportunity to convert the parking area of the back unit into a formal ADU (Accessory Dwelling Unit), adding significant rental income or extra living space. This conversion can be discussed and approved through the TIC agreement, making it a rare and flexible investment opportunity.The Best of Venice Living. Whether you're looking for a duplex-style investment, a multi-unit family compound, or an individual Venice retreat, this property offers the perfect balance of tranquility and urban energy. Located just moments from Venice Beach, top-rated restaurants, and vibrant shopping districts, this is a rare and exciting opportunity in one of LA's most coveted neighborhoods. Please note it is a triplex where we are selling two of the three units in a Tenant in Common transaction. There is a $500 per month tenant in common fee for maintaining the overall complex and structure outlined in the tenant and comment agreement . The front unit is a single family house and is not for sale but part of the TIC. Also - units may be sold seperatly for $1,025M each. Please note it is a triplex where we are selling two of the three units in a Tenant in Common transaction. The duplex was built after 1980 so it was NOT UNDER Los Angeles Rent control. SELLER FINANCING AVAILABLE. Contact us today for a private showing!

Location

State CA

County Los Angeles

Area C11 - Venice

Interior

Interior Features Ceiling Fan(s), Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling None

Flooring Tile, Wood

Fireplaces Type Decorative, Gas, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Range, Refrigerator, Dryer, Washer

Exterior

Parking Features Detached Carport

View Y/N Yes

Porch Front Porch, Porch

Attached Garage No

Total Parking Spaces 3

Building

Story 2

Entry Level Two

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID UNAVAILABLE

Special Listing Condition Standard

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Listed by Brian Maser • The Condo Experts

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

654 Broadway ST Venice, CA 90291