PENDING
$50K PRICE DROP
654 1 2 Broadway St Venice, CA 90291
Venice NeighborhoodEstimated payment $7,185/month
Total Views
1,740
2
Beds
1.5
Baths
1,100
Sq Ft
$886
Price per Sq Ft
Highlights
- Gated Parking
- Contemporary Architecture
- Skylights
- Broadway Elementary Rated A-
- Wood Flooring
- 3-minute walk to Oakwood Park
About This Home
Unique Venice TIC Townhome - SELLER FINANCING AVAILABLE. Nestled in a lush garden setting in a prime Venice neighborhood, this beautifully updated 2-bedroom, 1.5-bath townhome offers the perfect blend of coastal charm and modern convenience. Just moments from the vibrant Abbot Kinney Boulevard, this interior/landscape designer-owned residence boasts sophisticated character, thoughtful upgrades, and an inviting indoor-outdoor flow. Property Features & Design Highlights: Open-concept kitchen with brand-new appliances, seamlessly connecting to the dining and living areas. Soaring skylights fill the living space with natural light, creating a bright and airy ambiance. Luxurious spa-like bathroom with a large soaking tub and dual vanities. Large walk-in closet in primary bedroom. Upstairs laundry area with a stacked washer & dryer for added convenience. Recent renovations in the last 6 months include a new roof and new windows, ensuring a move-in-ready experience. Gated covered parking for one car in back carport for this unit, providing security and ease in a bustling beachside community. Beautifully landscaped shared outdoor seating area, perfect for relaxing or entertaining. The Best of Venice Living. Whether you're savoring the ocean breezes at home or exploring Venice's eclectic mix of boutiques, top-rated restaurants, and cultural attractions, this townhome offers the perfect balance of tranquility and urban energy. This is a rare chance to own one or both of these rare Venice residences in an unbeatable location. Buyers have the unique opportunity to the mirror townhome and acquire both units for $2,050,000, creating a 4-bedroom, 3-bath compound in one of LA's most sought-after neighborhoods. NOTE - This unit is one unit of three units in a tenant and common or TIC structure. SELLER FINANCING AVAILABLE @ 6.5% rate. See private remarks for showing requests.
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $15,361
Year Built
- 1923
Lot Details
- 5,202 Sq Ft Lot
- Gated Home
HOA Fees
- $500 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Updated or Remodeled
Interior Spaces
- 1,100 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Fireplace
- Gas Fireplace
- Living Room
- Dining Area
- Property Views
Kitchen
- Oven or Range
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Powder Room
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Parking Space
- 1 Detached Carport Space
- Gated Parking
- Controlled Entrance
Additional Features
- Porch
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4239-019-008
Community Details
Overview
- 3 Units
Pet Policy
- Pets Allowed
Security
- Controlled Access
Map
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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 |
|---|---|---|---|---|
| 2024 | $15,361 | $1,246,309 | $1,061,829 | $184,480 |
| 2023 | $15,068 | $1,221,872 | $1,041,009 | $180,863 |
| 2022 | $14,373 | $1,197,915 | $1,020,598 | $177,317 |
| 2021 | $14,190 | $1,174,428 | $1,000,587 | $173,841 |
| 2020 | $14,335 | $1,162,387 | $990,328 | $172,059 |
| 2019 | $13,767 | $1,139,596 | $970,910 | $168,686 |
| 2018 | $13,679 | $1,117,252 | $951,873 | $165,379 |
| 2016 | $13,076 | $1,073,869 | $914,911 | $158,958 |
| 2015 | $12,886 | $1,057,740 | $901,169 | $156,571 |
| 2014 | $12,940 | $1,037,021 | $883,517 | $153,504 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/19/2025 02/19/25 | Price Changed | $975,000 | -4.9% | $886 / Sq Ft |
| 02/06/2025 02/06/25 | For Sale | $1,025,000 | -- | $932 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $990,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $912,000 | Investors Title Company | |
| Grant Deed | $210,000 | Investors Title Company | |
| Trustee Deed | $292,586 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $731,250 | New Conventional | |
| Previous Owner | $1,016,422 | New Conventional | |
| Previous Owner | $1,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $812,500 | New Conventional | |
| Previous Owner | $800,000 | Stand Alone First | |
| Previous Owner | $592,738 | Negative Amortization | |
| Previous Owner | $157,500 | No Value Available |
Source: Public Records
Similar Home in the area
Source: The MLS
MLS Number: 25494289
APN: 4239-019-008
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