2700 Abbot Kinney Boulevard Venice, CA 90291
Listing Courtesy of: CRMLS / Remax Commercial And Investment Realty / Jonathan Taksa

  2700 Abbot Kinney Boulevard Venice, CA 90291

Active (276 Days)
$5,650,000
24
BED
15
BATH
11,180
SQFT

Description

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 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.

MLS #:
24424311
Lot Size
0.32 acres
Type
Multifamily
Year Built
1959
County
Los Angeles County

Listed By

Jonathan Taksa, Remax Commercial And Investment Realty
Source
CRMLS
Last checked May 9 2025 at 4:57 PM PDT
Bathroom Details
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Parking
  • Assigned
Stories
  • 1
Living Area
  • 11,180 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 04, 2025
Price Changed
$5,650,000
-19%
-1,345,000
Dec 04, 2024
Price Changed
$6,995,000
-11%
-855,000
Aug 06, 2024
Original Price
$7,850,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.