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Property 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.

Features
: Wall Furnace
: Wall/window Unit(s)
2
0
Additional Information
Remax Commercial and Investment Realty
0
CLW-X90025
CLW-X7538301
Jonathan
4237021005
: Standard
One
32

Multi-Family For Sale

2700 Abbot Kinney Boulevard, Venice, California 90291

11,180 Sqft
$7,850,000
Listing ID #24424311
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24424311
Price : $7,850,000
Living Area : 11,180 Sqft
Lot Size : 14,073 Sqft
Year Built : 1959
Country : US
State : California
County : Los Angeles
City : Venice
Zipcode : 90291
Price Per Square Foot : $702
ModificationTimestamp : 2024-08-14 05:05:03
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