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Listed by: Jonathan Taksa (424) 672-8220 DRE #01366169 | Remax Commercial and Investment Realty (213) 817-1000
$4,995,000
24 Beds
- 15 Baths
11,180sqft
2700 Abbot Kinney Blvd, Venice, CA 90291
$4,995,000
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Multi Family
Built in 1959
$-- HOA
14,073 sqft lot
$447/sq.ft
Description
MASSIVE PRICE IMPROVEMENT! 13.39 GIM AND 4.75 CAP! INCREDIBLE PRICING FOR ABBOT KINNEY! 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 $2.86/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look ou...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1959
HOA Fees
-
Finished Area
11,180 sqft
Lot Size
14,073 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
24424311
MLS Status
Pending
Days on Market
485
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