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Listed by Jonathan Taksa - DRE #01366169 - Remax Commercial and Investment Realty 213-817-1000

$7,850,000

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2700 Abbot Kinney Boulevard Venice, CA 90291

Cluster Residence

24 Beds

15 Baths

11,180 Sq. Ft.

0.32 Acre Lot

Property Activity

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Last updated on 12/1/2024 12:53 AM

Listing Details

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 terr...ific 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. Continue reading

MLS#

24424311

Property Type

Cluster

Status

Bedrooms

Bathrooms

Year Built

1959

Square Feet

11,180 sq. ft

Lot Size