534 Broadway St Venice, CA 90291
Venice NeighborhoodEstimated payment $24,056/month
Highlights
- Laundry Room
- Venice High School Rated A
- Garden
About This Home
Strategically located in the highly sought-after Venice Beach submarket, this property presents a rare opportunity to secure a prime asset in one of Los Angeles’ strongest coastal rental corridors. Situated just moments from the beach, Abbot Kinney, Rose Avenue, and the Silicon Beach tech hub, the location consistently attracts high-quality tenants seeking lifestyle and convenience. The residence offers an efficient layout, strong rental appeal, and private outdoor space—features that support premium tenant demand in the area. Proximity to major employment centers, entertainment, dining, and retail enhances long-term occupancy stability and positioning within a supply-constrained neighborhood. With Venice continuing to demonstrate resilience in both sales values and rental demand, this asset represents an opportunity for steady income performance and future appreciation. Ideal for investors seeking a coastal property with strong fundamentals, long-term upside, and placement within one of Los Angeles’ most recognized lifestyle destinations.
Listing Agent
Engel & Völkers Santa Clarita Brokerage Phone: 818-971-9193 License #01766066 Listed on: 02/14/2026
Co-Listing Agent
Engel & Völkers Pasadena Brokerage Phone: 818-971-9193 License #01766067
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 5,201 Sq Ft Lot
- No Common Walls
- Garden
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,428 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Utilities
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 9 / I
- Tax Tract Number 1
- Assessor Parcel Number 4239020009
- $634 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,372
- Fuel Expense $2,821
- Gardener Expense $1,920
- Insurance Expense $3,400
- Professional Management Expense $9,600
- New Taxes Expense $48,000
- Operating Expense $64,094
- Gross Income $219,000
- Net Operating Income $152,906
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $42,739 | $3,586,882 | $2,971,382 | $615,500 |
| 2024 | $42,739 | $3,516,552 | $2,913,120 | $603,432 |
| 2023 | $41,906 | $3,447,600 | $2,856,000 | $591,600 |
| 2022 | $27,049 | $2,269,217 | $1,698,882 | $570,335 |
| 2021 | $26,660 | $2,224,723 | $1,665,571 | $559,152 |
| 2019 | $25,860 | $2,158,738 | $1,616,170 | $542,568 |
| 2018 | $25,760 | $2,116,411 | $1,584,481 | $531,930 |
| 2016 | $24,626 | $2,034,229 | $1,522,954 | $511,275 |
| 2015 | $24,265 | $2,003,674 | $1,500,078 | $503,596 |
| 2014 | $24,352 | $1,964,426 | $1,470,694 | $493,732 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2026 02/19/26 | Price Changed | $3,990,000 | -5.0% | $901 / Sq Ft | |
| 02/14/2026 02/14/26 | For Sale | $4,200,000 | +24.3% | $949 / Sq Ft | |
| 03/30/2022 03/30/22 | Sold | $3,380,000 | -3.2% | $763 / Sq Ft | View Prior Sale |
| 02/19/2022 02/19/22 | Pending | -- | -- | -- | |
| 12/13/2021 12/13/21 | Price Changed | $3,490,000 | -0.3% | $788 / Sq Ft | |
| 11/06/2021 11/06/21 | Price Changed | $3,499,500 | -7.9% | $790 / Sq Ft | |
| 10/17/2021 10/17/21 | For Sale | $3,799,500 | -- | $858 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,380,000 | Equity Title | |
| Grant Deed | $1,870,000 | North American Title Company | |
| Grant Deed | -- | Fidelity Van Nuys |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $974,250 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26033105
APN: 4239-020-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 602 Broadway St
- 609 Broadway St
- 611 Broadway St
- 608 Westminster Ave
- 132 Brooks Ave
- 512 Brooks Ave Unit 6
- 558 San Juan Ave
- 635 San Juan Ave
- 1113 Electric Ave Unit 10
- 633 Santa Clara Ave
- 1121 Abbot Kinney Blvd Unit 3
- 685 Westminster Ave
- 643 Santa Clara Ave
- 1212 Abbot Kinney Blvd Unit 1
- 705 Broadway St
- 518 Sunset Ave
- 1309 Cabrillo Ave
- 616 Sunset Ave
- 658 California Ave
- 691 Santa Clara Ave
- 511 Broadway St Unit Rear Unit
- 538 Brooks Ave Unit 2
- 1053 6th Ave Unit 1
- 519 1/2 San Juan Ave
- 547 Brooks Ave
- 613 Broadway St Unit 613andahalf
- 547 Brooks Ave Unit 2
- 1108 Electric Ave
- 546 San Juan Ave
- 412 Brooks Ave
- 547 Indiana Ave
- 309 Broadway St Unit 18
- 661 Broadway St
- 599 Sunset Ct Unit 11
- 534 Santa Clara Ave Unit 6
- 1212 Abbot Kinney Blvd Unit 1
- 1141 Cabrillo Ave
- 1322 Electric Ave Unit 3
- 1203 Cabrillo Ave
- 617 6th Ave Unit A
Ask me questions while you tour the home.