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Updated Triplex With Private Yard
For Sale
$2,495,000

817 Broadway St, Venice, CA 90291

Updated triplex offers in-unit laundry, separate water meters, and privacy-minded layouts, with one unit currently vacant.

Days on Market92

Property Features for 817 Broadway St

General Information

Standard status Active
Total Parking Spaces 7
Property subtype MULTI_FAMILY

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1926
Tenancy Multi
Listing Agency: Pardee Properties
Listed By: Elvira Davidson
Source: Milsteinestates
Added: May 1 Changed: Jul 10 Last Checked: Jun 13 at 4:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pardee Properties

Investment Insights

Based on property information with market context.

815-817 Broadway is a thoughtfully updated triplex with three separate residences designed for privacy. Each unit includes in-unit laundry and its own separate water meter. The front residence is arranged like a single-family home and includes a privatized yard. The two rear units are positioned with no shared common wall, improving quiet and livability; both rear units include A/C. One of the rear units is currently vacant.

The property includes seven garage parking spaces, an amenity intended to support tenant convenience and reduce parking friction. It also benefits from a valuable RSO exemption, providing additional flexibility in ongoing operations.

For tenants and buyers looking for a live-in or income-producing setup, the current vacancy creates options to move into a private rear residence while collecting rent from the remaining units. The offering also includes the potential to convert approximately 500 square feet of storage into a studio ADU, with projected rents of approximately $2,000–$3,000 per month. When fully occupied, the property previously generated $12,100 per month in rental income, offering a baseline for comparison once stabilized.

Key Highlights

  • Updated 3‑unit triplex built in 1926 with income‑producing potential; one rear unit is currently vacant.
  • Each unit has in‑unit laundry and a separate water meter.
  • Front residence includes its own privatized yard, giving a single‑family feel within the triplex.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,999
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Updated triplex offers in-unit laundry, separate water meters, and privacy-minded layouts, with one unit currently vacant.
Where is this triplex located?
The property is located at 817 Broadway St Venice, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Updated 3‑unit triplex built in 1926 with income‑producing potential; one rear unit is currently vacant.; Each unit has in‑unit laundry and a separate water meter.; Front residence includes its own privatized yard, giving a single‑family feel within the triplex.
More about this property
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