2700 Abbot Kinney Boulevard, Venice, CA 90291

  • $7,850,000
  • $702
2700 Abbot Kinney Boulevard, Venice, CA 90291
  • Residential Income
  • Property Type
  • 24
  • Bedrooms
  • 15
  • Bathrooms
  • 11180.00
  • 1959
  • Year Built
For Sale
2700 Abbot Kinney Boulevard, Venice, CA 90291
  • $7,850,000
  • $702

Overview

Property ID: SGR-33450162
  • Residential Income
  • Property Type
  • 24
  • Bedrooms
  • 15
  • Bathrooms
  • 11180.00
  • 1959
  • Year Built

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.

  • Address 2700 Abbot Kinney Boulevard
  • City Venice
  • State/county CA
  • Zip/Postal Code 90291
  • Area C11 - Venice
  • Country United States

Details

Updated on August 10, 2024 at 11:51 am
  • Property ID: SGR-33450162
  • Price: $7,850,000
  • Property Size: 11180.00 m²
  • Land Area: 14073.00 m²
  • Bedrooms: 24
  • Bathrooms: 15
  • Year Built: 1959
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 11180.00
  • MLS#: 24424311
  • Office Name: REMAX COMMERCIAL AND INVESTMENT REALTY
  • Agent Name: Jonathan Taksa
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01366169

Additional details

  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 15.00

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