Huge price reduction and NOW PRICED TO SELL! 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… Read More 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 $2.97/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. Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
218
Last Updated
Property Type
Other
Beds
24
Square Ft.
11,180
Lot Size
0.32 Acres
Year Built
1959
MLS Number
24-424311
30 Days Snapshot Of 90291
$2,962k
-4%
(avg) sold price
24
+41%
homes sold
83
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
11,180 sq ft, Built in 1959, Levels: One
Cooling
Wall/Window
Disclosures
As Is
Garage
Assigned
Heating
Wall
Lot
LotAcreage: 0.3231, LotSizeArea: 14,073
Parking
TotalParking: 15
Property
NumberOfUnits: 15, Zoning: LAR3
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