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606 Broadway St
Venice, CA 90291
602-606 Broadway Street · Land For Sale
·
0.32 AC
Investment Highlights
- Development Opportunity: LARD 1.5 zoning, allowing for small lot subdivision; 9 units in total
- Nestled in desirable Venice neighborhood, with luxury residences, blocks from Abbot Kinney Blvd, and beach!
- Similar developments have produced three-story, town-house style homes with rooftop access.
Executive Summary
The subject properties are zoned LARD 1.5, which is great for affordable housing or creative development. This presents an opportunity for developers and investors to construct an innovative residential project for a small lot subdivision. Similar projects, consisting of three-story townhome-style residences with on-grade parking and accessible rooftops, have proven appealing in other parts of Los Angeles.
This prime Venice location is within walking distance of popular Abbot Kinney Boulevard, featuring trendy breakfast eateries, designer clothing shops, alluring gastropubs, restaurants, and community/family events. The local beach and boardwalk are a short 4-minute bike ride, which allows for daily excursions and getaways.
Buyers and investors are encouraged to reach out with further questions or for representation assistance. Buyer are to perform their due diligence.
Property Facts
| Sale Type | Investment | Proposed Use | Parking Lot |
| No. Lots | 1 | Total Lot Size | 0.32 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | LARD 1.5 - Restricted Density Multiple | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.32 AC |
| No. Stories | 1 |
| Zoning | LARD 1.5 - Restricted Density Multiple |
1 Lot Available
Lot 43-44
| Price | $6,437,637 CAD | Lot Size | 0.32 AC |
| Price Per AC | $20,398,864.51 CAD |
| Price | $6,437,637 CAD |
| Price Per AC | $20,398,864.51 CAD |
| Lot Size | 0.32 AC |
The subject properties,(2) parcels, consist of a wood-frame church building and parking lot, totaling 13,747 square feet of site area along Broadway Street. The lots are level, zoned LARD 1.5, and contain all necessary utilities.
Description
606 Broadway St is a rare development opportunity consisting of two contiguous parcels located in the creative heart of Venice Beach. The combined site totals approximately 13,747 square feet and includes a wood-frame church building and an adjacent parking lot. The church structure measures approximately 4,550 square feet and was originally built in 1927. The parcels are level, previously developed, and feature all utilities to site. Zoned LARD 1.5, the property allows for restricted-density residential development and presents strong potential for small-lot subdivision or creative redevelopment. An accessible alleyway runs directly behind the property, enhancing site functionality. The location offers close proximity to Abbot Kinney Boulevard, as well as easy access to the Venice Beach boardwalk, making it highly desirable for residential or mixed creative development.
Property Taxes
| Parcel Number | 4239-019-043 | Improvements Assessment | $220,882 CAD |
| Land Assessment | $3,811,999 CAD | Total Assessment | $4,032,881 CAD |
Property Taxes
