2700 Abbot Kinney Boulevard, Venice

$7,850,000

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3

Beds

2

Baths

11,180

Square feet

0.32

Acres

About 2700 Abbot Kinney Boulevard

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.

Features of 2700 Abbot Kinney Boulevard

MLS® # 24424311
Price $7,850,000
Bedrooms 3
Bathrooms 2.00
Square Footage 11,180
Acres 0.32
Year Built 1959
Type Residential Income
Status Active

Community Information

Address 2700 Abbot Kinney Boulevard
Area C11 - Venice
City Venice
County Los Angeles
Zip Code 90291

Amenities

Parking Spaces 15
Parking Assigned
Garages Assigned
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 2
Stories One

Additional Information

Date Listed August 6th, 2024
Days on Market 62
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJonathan Taksa
OfficeRemax Commercial and Investment Realty

Listing Map

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