2-Unit Multifamily Development

For Sale

705 Broadway Street, Venice, CA 90291

This Venice property for sale is located at 705 Broadway Street. The current listed sale price for 2-Unit Multifamily Development is $1,999,900. 2-Unit Multifamily Development is situated on a lot that is 0.11 acre in size.

Contacts

broker
Matthew Sullivan

Los Angeles - Investment Services Group

Property Details

  • Property Type Multi-Family
  • Property Size 6,596 SF
  • Units 2
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 8, 2025
Discover the vibrant community surrounding the property in Venice, CA. Located just steps away from the famous Venice Beach, the area offers a unique blend of creative culture, fine dining, and boutique shopping. Stroll along the historic Venice Canals, or visit the iconic Venice Beach Boardwalk for a taste of the local character. This dynamic neighborhood is home to a variety of tech startups, creative spaces, and trendy eateries, making it an attractive location for office and office building investors. With its prime coastal location and eclectic atmosphere, Venice presents an exciting opportunity to become part of a thriving business community. The property is located just off Abbot Kinney Blvd. Abbot Kinney Blvd is a century-old artistic neighborhood filled with trendy shops and restaurants.705 Broadway Street is multifamily development under construction in the Venice neighborhood of Los Angeles. The completed development will include two 3-story small-lot houses on one parcel. Plans show Unit 1 area equaling 2,879 SF per zoning and 3,535 SF per building code, and Unit 2 area equaling 2,480 SF per zoning and 3,061 SF per building code. The plans are for the houses to be built side by side. However, the house in development facing east has burned down. Zoned RD 1.5, this strategically located property presents a lucrative prospect for development or rental income. With its ideal size and zoning, this property provides ample space for growth and flexibility for a variety of investment strategies. Centrally located in a very walkable neighborhood. 705 Broadway St is very close to grocery stores, fine dining restaurants and other conveniences along Lincoln Blvd & Abbot Kinney Blvd.
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Highlights

  • Desirable Venice Location Just Off Abbot Kinney Blvd
  • Development Opportunity For Two Units
  • 91 Walk Score | 88 Bike Score
  • RD1.5 Zoning
  • Walking Distance To Venice Boardwalk, Venice Beach & Abbot Kinney Shopping
  • Minutes From Pacific Coast Hwy (1) & 10 Freeway

Getting around

  • 91/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Venice, CA
  • Neighborhood Venice
  • Zip Code 90291
  • Market Los Angeles

Points of Interest

  • Westwood/Rancho Park

    3.65 miles

  • Palms

    4.19 miles

  • West CTA

    4.91 miles

  • Center CTA

    5.03 miles

  • Zone 23

    5.08 miles

  • Zone 22

    5.09 miles

  • Zone 21

    5.09 miles

  • Zone 5

    5.11 miles

  • LAX-it

    5.11 miles

  • Zone 6

    5.12 miles

  • Gulf

    0.36 miles

  • Chevron

    0.39 miles

  • Speedway Express

    0.98 miles

  • Costco Gasoline

    1.19 miles

  • 76

    1.48 miles

  • Arco

    1.54 miles

  • Sinclair

    1.60 miles

  • World Oil

    1.63 miles

  • Tesla Supercharger

    1.72 miles

  • eVgo

    1.89 miles

  • airbnb LA

    1.05 miles

  • SMC Airport Arts Parking

    1.29 miles

  • Lot 5

    1.37 miles

  • Parking Structure 3

    1.45 miles

  • Parking Structure 4

    1.51 miles

  • Bundy West Lot

    1.68 miles

  • Civic Center Parking

    1.75 miles

  • Bundy East Lot

    1.82 miles

  • Westside Collector Car Storage

    3.74 miles

  • Lawrence Motel

    0.41 miles

  • Hotel California

    0.51 miles

  • Open Air Homes

    0.53 miles

  • Venice Beach Hostel

    0.71 miles

  • Hotel Erwin Venice Beach

    0.76 miles

  • Samesun Backpacker Hostels Venice Beach

    0.77 miles

  • Marina Seven Motel

    0.80 miles

  • Venice Suites

    0.82 miles

  • Lincoln Inn

    0.82 miles

  • Cadillac Hotel

    0.82 miles

  • Ralphs

    0.30 miles

  • Ross

    0.31 miles

  • Smart & Final Extra!

    0.31 miles

  • Whole Foods Market

    0.42 miles

  • Erewhon

    0.49 miles

  • Gelson's

    0.91 miles

  • Bob's Market

    1.10 miles

  • Pavilions

    1.66 miles

  • Trader Joe's

    1.80 miles

  • Bloomingdale's

    1.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matthew Sullivan

Los Angeles - Investment Services Group

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