2-Unit Multifamily Development

705 Broadway Street, Venice, CA 90291

  • For Sale $1,890,000
  • Property Type Multi-Family
  • Property Size 6,596 SF
  • Units 2
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 1, 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

Contacts

broker
Matthew Sullivan

Los Angeles - Investment Services Group

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    52/100 Good Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Wurstküche

    0.25 miles

  • Clutch

    0.27 miles

  • Baby Blues BBQ

    0.28 miles

  • El Pollo Loco

    0.29 miles

  • Zinqué

    0.33 miles

  • Prince Street Pizza

    0.34 miles

  • Willie Mae's

    0.34 miles

  • La Cabana

    0.35 miles

  • Chinatown Express

    0.36 miles

  • Greenleaf

    0.38 miles

  • Broadway Elementary School

    0.21 miles

  • Westminster Elementary School

    0.51 miles

  • Coeur d'Alene Elementary School

    0.76 miles

  • Saint Marks School

    0.77 miles

  • Theodore Roosevelt School

    0.82 miles

  • Santa Monica Alternative School

    0.85 miles

  • Michelle and Barack Obama Center for Inquiry and Exploration

    1.01 miles

  • Ocean Park Child Care Center

    1.06 miles

  • Walgrove Elementary School

    1.06 miles

  • John Muir Elementary School

    1.09 miles

  • Big and Tiny

    1.16 miles

  • The First School

    1.17 miles

  • Hill & Dale Family Learning Center

    1.43 miles

  • Santa Monica Early Childhood Lab School

    1.69 miles

  • Kidz Korner

    1.81 miles

  • Building Blocks Christian Academy

    1.89 miles

  • Kigala Preschool

    1.93 miles

  • A Kid's Place

    1.97 miles

  • Blue Oak

    2.18 miles

  • Beach Moms Child Development Center

    2.20 miles

Frequently Asked Questions

How much does 2-Unit Multifamily Development cost?

The space currently listed for sale at 2-Unit Multifamily Development asks for $1,890,000.

What is the total square footage of 2-Unit Multifamily Development?

2-Unit Multifamily Development totals 6,596 square feet.

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Contact Listing Broker
broker
Matthew Sullivan

Los Angeles - Investment Services Group

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