Mohr Real Estate Group

Mohr Real Estate Group

2700 Abbot Kinney Boulevard Venice CA 90291 MLS #24424311

2700 Abbot Kinney Boulevard
Venice, CA, 90291
$6,995,000
Beds
0 Baths
SqFt
0.32 Acres
Add
Add
$6,995,000
2700 Abbot Kinney Boulevard
Venice, CA, 90291
MLS #24424311 img 0MLS #24424311 img 1MLS #24424311 img 2MLS #24424311 img 3MLS #24424311 img 4MLS #24424311 img 5MLS #24424311 img 6MLS #24424311 img 7MLS #24424311 img 8MLS #24424311 img 9MLS #24424311 img 10MLS #24424311 img 11MLS #24424311 img 12MLS #24424311 img 13MLS #24424311 img 14MLS #24424311 img 15

Property Description


Huge price reduction! 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 $2.93/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.

Property Details

Price:
$6,995,000
MLS #:
24424311
Status:
Active
Baths:
0
Address:
2700 Abbot Kinney Boulevard
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Aug 6, 2024
State:
CA
ZIP:
90291
Lot Size:
14,073 sqft / 0.32 acres (approx)
Year Built:
1959

Schools

Interior

Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace

Exterior

Parking Features
Assigned
Parking Spots
15.00
Stories Total
2

Financial

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2700 Abbot Kinney Boulevard
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