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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$4,849,000

Est. payment - /mo

10 Beds

12 Baths

4,685 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,685 sqft

Price per Sqft $1,035

MLS Listing ID 25513113

Bedrooms 10

HOA Y/N No

Year Built 1941

Lot Size 9,003 Sqft

Property Description

Rare Investment & Development Opportunity on Venice's Iconic Abbot Kinney Blvd. A truly one-of-a-kind opportunity to own a prime real estate on GQ magazines "the coolest block in America". This exceptional offering consists of three separate adjoining parcels (1722, 1724, 1726 Abbot Kinney) totaling over 9,000 square feet of land, featuring 12 units across three buildings (four units per building). This charming Venice compound includes 10 (1) bedroom/(1) bath units and 2 bachelors, all designed in a bungalow-style layout with beautiful adjoining courtyards. The property embodies the best of Venice living offering a serene and private atmosphere while being walking distance from the Venice Canals and Venice Beach, steps from the area's top dining (Felix, Gjelina, Great White, Scopa), Erewhon, Abbot Kinney's "First Fridays", bars, the local Farmer's Market and entertainment. With six one-car garages and four additional open parking spaces, this property provides rare and ample parking for residents and guests alike. Even more compelling, the property is zoned LAC2 (Commercial Retail), unlocking massive long-term upside for future development in this A+ location. All three parcels are being sold together as a package, but will be transferred separately by parcel. Whether you're an investor looking for strong rental income, a developer seeking prime real estate, or an owner-user envisioning the possibilities, this is an unparalleled chance to secure a trophy asset in the heart of Venice.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAC2

Interior

Heating Wall Furnace

Fireplaces Type Bath, Dining Room, Gas, Kitchen, Living Room

Fireplace Yes

Appliance Dishwasher

Exterior

Parking Features Driveway

Garage Spaces 6.0

Garage Description 6.0

Total Parking Spaces 10

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4228001012

Special Listing Condition Standard

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Listed by Tyler Kunkle Pardee Properties

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1722 Abbot Kinney BLVD Venice, CA 90291