2700 Abbot Kinney Boulevard
$6,995,000
24
15
11,180
11,180
$626
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....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.
- Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 2700 Abbot Kinney Boulevard
Zoning
LAR3
Parcel Number4237021005
Total Units15.0
Living Area11180
Source Living AreaVendor Enhanced
AreaVenice (C11)
Vacancy Rate3%
Lot Size Area14073
LISTING UPDATED: 12/04/2024 02:22 PM
Property Details for 2700 Abbot Kinney Boulevard
Status | Active |
---|---|
MLS # | 24-424311 |
Days on Market | 138 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1959 |
Lot Size | 0.32 AC / 14,073 SF |
County | Los Angeles County |
Building Information for 2700 Abbot Kinney Boulevard
Stories2Residences-Year Built1959Building Size-Lot Size0.32 AC / 14,073 SF
Property Information for 2700 Abbot Kinney Boulevard
Property History for 2700 Abbot Kinney Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2700 Abbot Kinney Boulevard
Taxable ValueLand$4,551,316Additions$1,880,667Total$6,431,983
Tax Record2024$78,873 ($6,573 / month)
Home Facts
Total Finished SqFt11,180 SqFtAbove Grade Finished SqFt11,180 SqFtLot Size14,069 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN4237-021-005
Schools near 2700 Abbot Kinney Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Coeur D'Alene Avenue Elementary School PublicK to 5 | ||
Venice Senior High School Public9 to 12 | ||
Animo Venice Charter High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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