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534 Broadway St
Venice, CA 90291

$3,990,000 USD

Apartments For Sale  •  4,428 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,428 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 3.76 %
  • Zoning LARD1.5
50 Transit Score
70 Walk Score

Highlights

4-unit — rare owner-user or repositioning opportunity
Prime Venice: 4 blocks to beach, 1 block to Abbot Kinney
Proforma upside to 4.28% cap ($240K/yr gross)
Freshly painted in/out · elastomeric-coated roof
Westminster Elementary · transit off Lincoln Blvd
Walk to Ralphs, Erewhon & Whole Foods

Property Flyers

Financial Summary (Actual)

Net Operating Income: $149,892 USD (2025)
Cap Rate: 3.76 %
Total Expenses: $69,108 USD

Amenities

  • Dishwasher
  • Laundry Facilities
  • Tile Floors
  • Refrigerator
  • Oven
  • Range

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 7.0 mi
Bob Hope 39 min - 25.1 mi
Long Beach (Daugherty Field) 37 min - 26.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Covered
Included in Rent: Yes
Potjanee Srisaereenuwat Dilbeck Real Estate
Potjanee Srisaereenuwat Dilbeck Real Estate