410 Broadway Street, Venice, California 90291, Venice, 90291 - 2 bed, 1 bath
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Venice, California 90291
This Prime Venice Redevelopment Asset is listed at $2,000,000, representing a strategic land-value play relative to the $1,643,340 Fair Market Value. Currently holding a Poor Condition Rating, the 1913 structure is an ideal candidate for a full teardown to unlock the site's true utility. The property boasts LARD1.5 Zoning, Multi-Unit Potential, and essential Alley Access, providing a rare canvas for high-density residential construction in the 90291 zip code. This is a high-conviction acquisition for Developers or Value-Add Investors seeking to capitalize on Venice's coastal appreciation.
Property is land value only, full reconstruction required.
Built in 1913 with no evidence of renovation; the listing description explicitly targets developers and emphasizes land value and multi-unit potential, indicating the structure is likely unlivable or obsolete.
The LARD1.5 zoning and multi-unit potential make this an ideal site for developers looking to maximize density in a high-demand coastal market.
Situated in the prestigious 90291 zip code, the property offers exceptional proximity to world-class beaches, dining, and shopping, ensuring strong long-term appreciation.
The inclusion of alley access provides significant logistical advantages for new construction, allowing for more efficient parking configurations and unit layouts.
With a list price of $2M for a 917 sqft home, the property is priced strictly for its development potential, making it inaccessible for traditional end-user buyers.
Built in 1913, the existing structure is likely at the end of its functional life, necessitating a full teardown or extensive, costly renovations to meet modern standards.
Developers get ready to build! * "Alley access"* "LARD1.5"* "Multi-unit potential"* "Development opportunity".
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 3.0 | 22% |
| Square foot | 917 | 1,910.5 | 17% |
| Lot Size | 5,201 | 4,328 | 69% |
| Price | $2.00M | $2.33M | 36% |
| Price per sq ft | $2.2K | $1.3K | 93% |
| Built year | 1913 | 1948 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 155 | 14% |
Mar 31, 2026
$2,000,000
Initial Listing