2700 Abbot Kinney Boulevard
Venice, CA 90291
- – beds
- – baths
- – sqft
- 14,073 sqft lot
- 1959 build
- – on site
We are pleased to offer for sale an incredible multifamily asset at 2700 Abbot Kinney Blvd. in the heart of LA's famed beach city of Venice. Originally built in 1959, the building boasts an incredibly rare unit mix consisting of 1 and 2 bedroom units. Each of these units are spacious and have a terrific floor plan. The property is situated on a large corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.93/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to the Venice Boardwalk and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A walker's paradise, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Last checked:
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Last updated Nov 3, 2024
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MLS# 24424311 —
The Building
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Year Built:1959
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New Construction:No
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Building Area Total:11180.00
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# of Buildings:1
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Total Number Of Units:15
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Stories Total:2
Interior
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Levels:One
Location
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Directions:Prestigious area of Venice
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Latitude:33.98864200
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Longitude:-118.45424000
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:14073.0000
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Lot Size Acres:0.3231
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Lot Size SqFt:14073.00
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4237021005
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:15.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/6/24
Aug 6, 2024
|
Listed / Active | CRMLS_CA | $7,850,000 | 38.9% (4.8% / YR) |
|
7/19/23
Jul 19, 2023
|
Listed / Active | CRMLS_CA | ||
|
7/13/16
Jul 13, 2016
|
CRMLS_CA | $5,650,000 |
