609 Broadway St - Apartments FOR SALE


Venice, CA 90291
$4,950,000 USD
310-940-8749
609 Broadway St, Venice, CA for Sale
$4,950,000 USD
Apartments - FOR SALE
1/20
null | 4.78% Cap Rate

609 Broadway St
Venice, CA 90291


HIGHLIGHTS

  • Built in 2021, Scandinavian-inspired townhome duplex designed by award-winning Venice architect Robert Thibodeau of Design Universal Architects
  • 1 mile from a selection of lively community hubs including Abbot Kinney (0.4 Mile), Rose Ave, Venice Beach (0.6 mile), and Ocean Park (1 Mile)
  • Comprised of (1) 4-bdrm. and 4-bath 3-story townhome w/ rooftop deck and (1) 3-bdrm. and 3-bath 3-story townhome w/ rooftop deck
  • Redwood ceilings in the 2nd floor living area & master suite, 15 foot ceilings, Caesarstone countertops, top-of-the-line appliances, recessed lighting
  • Property amenities include in-unit laundry, gated and secured entry, (2) 1-car garages, and surface parking spaces

OVERVIEW

609 & 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 dream about; blending unique architectural details, elegance, functionality, and a premier walkable location. Located 1 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 & 611 Broadway are less than a mile from a selection of lively community hubs including Abbot Kinney (0.4 Mile), Rose Ave, Venice Beach (0.6 mile), and Ocean Park (1 Mile). Comprised of (1) 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 master suite, signature 15 foot ceilings for an open and airy entertainment space, Caesarstone countertops, top-of-the-line appliances, recessed lighting, and rooftop deck with firepit. Property amenities include in-unit washer and dryer, gated and secured entry, (2) 1-car garages, and surface parking spaces. 609 & 611 Broadway present a future value-add opportunity, as the duplex may be converted into individual condos (buyer to verify).

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$808 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,475,000

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2021 Duplex by Abbot Kinney & Rose Ave.

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LARD1.5

APN/PARCEL ID

4239-012-043

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-940-8749

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Kenny StevensCompassMore Info
310-940-8749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.