Rare Investment & Development Opportunity on Venice's Iconic Abbot Kinney Blvd. A truly one-of-a-kind opportunity to own a prime real estate on GQ magazines the coolest block in America. This exceptional offering consists of three separate adjoining parcels (1722, 1724, 1726 Abbot Kinney) totaling over 9,000 square feet of land,… Read More featuring 12 units across three buildings (four units per building). This charming Venice compound includes 10 (1) bedroom/(1) bath units and 2 bachelors, all designed in a bungalow-style layout with beautiful adjoining courtyards. The property embodies the best of Venice living offering a serene and private atmosphere while being walking distance from the Venice Canals and Venice Beach, steps from the area's top dining (Felix, Gjelina, Great White, Scopa), Erewhon, Abbot Kinney's First Fridays, bars, the local Farmer's Market and entertainment. With six one-car garages and four additional open parking spaces, this property provides rare and ample parking for residents and guests alike. Even more compelling, the property is zoned LAC2 (Commercial Retail), unlocking massive long-term upside for future development in this A+ location. All three parcels are being sold together as a package, but will be transferred separately by parcel. Whether you're an investor looking for strong rental income, a developer seeking prime real estate, or an owner-user envisioning the possibilities, this is an unparalleled chance to secure a trophy asset in the heart of Venice. Read Less
Courtesy of Pardee Properties 310-907-6517
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
10
Square Ft.
4,685
Lot Size
0.21 Acres
Year Built
1941
MLS Number
25513113
30 Days Snapshot Of 90291
$3,049k
0%
(avg) sold price
19
-13%
homes sold
48
-39%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher
Building
4,685 sq ft, Built in 1941, Levels: One, California Bungalow
Cooling
Air Conditioning
Disclosures
As Is, Coastal Commission Restrictions
Fireplaces
Bath, Dining, Living Room, Gas, Kitchen
Garage
6 total garage spaces, Garage Is Detached, Driveway
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