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2700 Abbot Kinney Blvd
Venice, CA 90291
Residential (Other)
0.32 Acres
11180 Sqft Living Area
24 Bedrooms
0 Bathrooms (0 Full, 0 Half)
Year Built: 1959
$7,850,000
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Property Description
We are pleased to offer for sale an incredible multifamily asset at 2700Abbot 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 $2.83/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 close 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.
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Contact Details
Name: Jonathan Taksa
Email: jon@taksainvestment.com
MLS Listing Id: 23-292245
Agent Phone: (213) 817-1000
List Agent License:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Office MLS Id: X7538301
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.