$3,990,000
-$210,000534 Broadway, Venice CA 90291
Multi-Family (Fourplex)
Property type
113 days
On market
$901
Price per sqft
4 cars
Garage
1964
Year built
5,201 sqft
Lot size
Open Houses
Overview
Strategically located in the highly sought-after Venice Beach submarket, this property presents a rare opportunity to secure a prime asset in one of Los Angeles’ strongest coastal rental corridors. Situated just moments from the beach, Abbot Kinney, Rose Avenue, and the Silicon Beach tech hub, the location consistently attracts high-quality tenants seeking lifestyle and...
Listing provided by: Potjanee Srisaereenuwat DRE #01766066, Engel & Volkers Santa Clarita, Kristasak Wongvitavas DRE #01766067, Engel & Volkers Pasadena
Listing updated: May 27, 2026 at 03:53am.
Last checked: Jun 5, 2026 at 03:30am
Source: CRMLS #SR26033105
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $5,000 | $60,000 | $72,000 | Unfurnished |
| 2 | 2 | 1 | — | $4,000 | $48,000 | $54,000 | Unfurnished |
| 3 | 3 | 2 | — | $5,000 | $60,000 | $72,000 | Unfurnished |
| 4 | 2 | 1 | — | $4,250 | $51,000 | $54,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $4
Tenant Pays: Cable Tv, Electricity, Gas, Telephone
Financial Snapshot
Gross Rent Multiplier
18.2x
List Price / Annual Gross Rent
Cap Rate
3.83%
NOI / List Price
Gross Scheduled Income: $219,000
Operating Expense: $66,094
Net Operating Income: $152,906
Annual Operating Expenses
Electric: $3,372
Gardener: $1,920
Fuel: $2,821
Insurance: $3,400
New Taxes: $48,000
Professional Management: $9,600
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Front Yard, Garden
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4239020009
Additional Parcels: No
Tax Lot: 9
Tax Block: I
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 534 Broadway, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,192,000
Total Interest
$4,071,220
Total Payment
$7,263,220
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,482
per month
Property History for 534 Broadway
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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