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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John Matukas

John Matukas

+1(323) 377-4961
$6,995,000
Est. payment /mo
24 Beds
15 Baths
11,180 SqFt
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UPDATED:

12/04/2024 09:22 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,180 sqft

Price per Sqft $625

MLS Listing ID 24-424311

Bedrooms 24

Year Built 1959

Lot Size 0.323 Acres

Acres 0.3231

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 Venice

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 15.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

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John Matukas

+1(323) 377-4961

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