606 Broadway Street

Description

EQTY Forbes Global Properties is pleased to present a rare offering of two contiguous parcels at 602-606 Broadway Street in the creative heart of Venice Beach. The subject properties 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 and contain all necessary utilities. The church building measures 4,550 square feet and was built in 1927. An accessible alleyway runs directly behind the properties. The subject properties are zoned LARD 1.5, allowing 1 unit to be built for every 1500 square feet of lot area, or 9 units in total. This presents an opportunity for developers and investors to construct a creative 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 can reach out directly with further questions or represention assistance. Buyer to perform their due diligence.

Listing information courtesy of: Jerry Goble, Fathom Realty Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.