534 Broadway, Venice, California 90291, Venice, 90291 - bed, bath

534 Broadway
Venice, California 90291
Property Price
SUMMARY
Analysis of 534 Broadway, Venice, California 90291 is currently available with a list price of $3,990,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1964, the property has undergone extensive interior renovations. The units feature modern kitchens with stainless steel appliances, stone countertops, and updated cabinetry. Bathrooms have been modernized with contemporary tiling and fixtures, and the living areas boast high-quality wood-style flooring and recessed lighting. The property is move-in ready and well-maintained, though the 1960s exterior and core infrastructure prevent an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of the Venice Beach submarket, the property is steps away from Abbot Kinney, Rose Avenue, and the Silicon Beach tech hub, ensuring high desirability for premium tenants.
- High Rental Demand
As a quadruplex in a supply-constrained neighborhood, this asset benefits from a strong coastal rental corridor with consistent demand from high-quality professionals and lifestyle-oriented renters.
- Private Outdoor Space
The inclusion of private outdoor areas is a rare and highly valued feature in dense coastal markets, significantly enhancing the property's competitive edge and rental price potential.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1964, the property may require significant capital expenditures for modernizing systems or structural repairs to meet the expectations of luxury-market tenants.
- Market Pricing Sensitivity
A recent price reduction from $4.2M to $3.99M indicates that the initial valuation may have been aggressive, suggesting a need for careful cap rate analysis in the current interest rate environment.
About 534 Broadway
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 convenience. The residence offers an efficient layout, strong rental appeal, and private outdoor space—features that support premium tenant demand in the area. Proximity to major employment centers, entertainment, dining, and retail enhances long-term occupancy stability and positioning within a supply-constrained neighborhood. With Venice continuing to demonstrate resilience in both sales values and rental demand, this asset represents an opportunity for steady income performance and future appreciation. Ideal for investors seeking a coastal property with strong fundamentals, long-term upside, and placement within one of Los Angeles’ most recognized lifestyle destinations.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 5,201 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1964 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 20, 2026
$3,990,000
$4,200,000
-5% Price Drop
Initial Listing
Price Change
Feb 14, 2026
$4,200,000
Initial Listing
Sold
Mar 30, 2022
$3,380,000
Public Record
Sold
Sep 24, 2008
$1,870,000
Public Record





















































