CA > Venice
Venice, CA 90291,2700 Abbot Kinney BLVD
Venice, CA 90291,2700 Abbot Kinney BLVD
Venice, CA 90291,2700 Abbot Kinney BLVD
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Diego Magdaleno

Diego Magdaleno

+1(714) 681-1222
$7,850,000
Est. payment /mo
24 Beds
15 Baths
11,180 SqFt
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UPDATED:

11/03/2024 04:29 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,180 sqft

Price per Sqft $702

MLS Listing ID 24424311

Bedrooms 24

HOA Y/N No

Year Built 1959

Lot Size 0.323 Acres

Property Description

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 C11 - Venice

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Assigned

Total Parking Spaces 15

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4237021005

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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