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$4,650,000

Beds
7
sq ft
6,134

609 Broadway St, Venice, CA 90291

609 Broadway St

Venice, CA 90291

  • 17 days on market
609 & 611 Broadway is a Scandinavian-inspired townhome duplex designed by award-winning Venice architect Robert Thibodeau of Design Universal Architects. Built in 2021, this new construction property embodies the Venice lifestyle many dreams about, blending unique architectural details, elegance, functionality, and a premier walkable location. Located one block south of Brooks Ave, its central Venice location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient access to employment hubs throughout Silicon Beach. 609 & 611 Broadway are less than a mile from a selection of lively community hubs, including AbbotKinney (0.4 Mile), Rose Ave, Venice Beach (0.6 mile), and Ocean Park (1 Mile). This turnkey investment features(1) VACANT 4-bdrm. and 4-bath 3-story townhome w/ rooftop deck and (1) 3-bdrm. and 3-bath 3-story townhome w/ rooftop deck. Each townhome's layout is meticulously designed, allowing for flexibility between comfortable and luxurious daily living, entertaining, and al-fresco dining. Designed by Robert Thibodeau, this well-known architect believes in regional modernism and working with the local climate and lifestyle. He achieves this concept by getting light, protecting privacy, and working with textures and materials native to the area. Each contemporary townhome features Scandinavian-inspired architecture, redwood ceilings in the 2nd-floor living area and primary suite, signature 15-foot ceilings for an open and airy entertainment space, Caesarstone countertops, top-of-the-line appliances, recessed lighting, and a rooftop deck with a fire pit. Property amenities include in-unit washer and dryer, gated and secured entry, (2) 1-car garages and surface parking spaces. 609 & 611 Broadway presents a future value-added opportunity, as the duplex may be converted into individual condos (buyer to verify).

Details

Property type

Est. home value

$2,131,278

Property condition

New Construction

Lot size

5,199 sq ft

Price per sq ft

$759

Year built

2021

HOA

No

Price History

06/14/2024
CLAW

CLAW #23339467

Removed
$2,445,000
-47.42%
06/14/2024
CLAW

CLAW #24404151

Listed
$4,650,000
+90.18%
04/25/2024
CLAW

CLAW #23339467

Price change
$2,445,000
-2%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Spreo Capital Manager Llc

Loan start date

June 2023

Original loan amount

$4,855,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Building or Construction Loan, 2 year

Seller

A K Lofts 4 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 10:30 AM

Listing updated: 06/22/2024 at 5:13 AM

Listed by: Kenny Stevens, Compass Phone #: (310) 230-5478

MLS: CLAW #24404151

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