Venice (los Angeles), CA 90291,2700 Abbot Kinney Boulevard
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Venice (los Angeles), CA 90291,2700 Abbot Kinney Boulevard
Venice (los Angeles), CA 90291,2700 Abbot Kinney Boulevard
Venice (los Angeles), CA 90291,2700 Abbot Kinney Boulevard
Venice (los Angeles), CA 90291,2700 Abbot Kinney Boulevard
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$ 6,995,000
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2700 Abbot Kinney Boulevard Venice (los Angeles), CA 90291

11,180 SqFt


UPDATED:

12/04/2024 11:59 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,180 sqft

Price per Sqft $625

MLS Listing ID CL24424311

HOA Y/N No

Year Built 1959

Lot Size 0.323 Acres

Acres 0.32

Property Description

Huge price reduction! 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.

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 4237021005


Bridge MLS
Listed by Jonathan Taksa • Remax Commercial and Investment Realty

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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2700 Abbot Kinney Boulevard