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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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817 Broadway Street Venice, CA 90291
$2,495,000 6 beds, 5 baths
3, 556 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

Located in one of Venice's most sought-after pockets, 815-817 Broadway presents a rare opportunity to own a thoughtfully updated, income-producing triplex with strong in-place returns and meaningful long-term upside. All three units have been tastefully updated and are filled with natural light, creating warm, inviting living spaces tenants truly enjoy. Each residence features in-unit laundry, its own separate water meter, and a layout that offers a level of privacy rarely found in multi-unit properties. The like-new front residence lives much like a single-family home, complete with its own privatized yard, ideal for those who value space, separation, and indoor-outdoor living. The two rear units are uniquely positioned with no shared common wall, enhancing both quiet and livability, and both feature A/C for added comfort. One of the rear units is now vacant, presenting an ideal opportunity for an owner-user to move into a private, quiet residence while benefiting from strong rental income from the remaining units. Previously generating $12,100 per month in rental income when fully occupied, the property offers compelling cash flow with additional upside ahead. The property also benefits from a valuable RSO exemption, allowing for greater flexibility and operational efficiency over time. Further enhancing the opportunity is the potential to convert approximately 500 square feet of storage into a studio ADU, with projected rents of approximately $2,000-$3,000 per month, offering a meaningful path to increased income and overall value. Rounding out the offering is a rare Venice amenity: seven garage parking spaces, providing added tenant appeal and potential for additional revenue. With strong existing income, vacancy upside, thoughtful updates, exceptional privacy, and future development potential, 815-817 Broadway stands out as a compelling investment in one of Venice's most dynamic neighborhoods. Whether you're looking to invest, live in one unit while generating income, or position yourself for long-term growth, this is a property that meets you where you are and grows with you over time.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26828637
List price is $2,495,000
Beds: 6
Baths: 5
None fireplaces
Built in 1926
3,556 sqft
2 stories
0.13 acres
Lot size: 0.1332
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Refrigerator,Dryer,Washer
Heating description: Combination
MLS area: C11 - Venice

Last Updated: 6/2/2026

 Find more Venice homes and real estate

 Find more homes in 90291 zip code

This listing belongs to the C11 - Venice MLS area

Lat/Long: 33.997362, -118.463659.
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Listing Agent: Elvira Davidson
Co Listing Agent: Tamra (Tami) Pardee
Lic#: 01881696
Broker: Courtesy of Pardee Properties

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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