Listed By:
Ron Wolotzky with Rodeo Realty;
Address
1702 Abbot Kinney Boulevard, Venice, CA
Price
$ 1,875,000
Property Attributes
  • MLS#23234541
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 1,875,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1867
  • Lot Size3,001 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

HUGE REDUCTION! Once in a generation opportunity to purchase three buildings on contiguous parcels in the prime, highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. Zoned LAC2 creating great options for developers/investors. One tenant occupies this entire duplex and is on a month to month. The adjacent buildings are the 580 Venice Blvd. on about 3,908 sf lot, APN 4228-001-004, MLS# 23-234541 offered at $2,500,000 and 1706 Abbot Kinney Blvd. on about 3,001 sf lot, APN 4228-001-006, MLS#23-234541. Offered at $1,875,000. LAND VALUE ABOUT $625 PER SQF. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.

Price History
1/26/2023 Listed $2,950,000
2/22/2023 4% - $2,850,000
4/3/2023 16% - $2,400,000
8/4/2023 22% - $1,875,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Venice
County Los Angeles
Days on Market 190
Directions South west corner of Venice Blvd. and Abbot Kinney Blvd. West of Lincoln.
Garage Y/N No
Gross Income 42000.0
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 3000.0
MLS Area C11 - Venice
Mobilehomeremainsyn No
Net Operating Income 0.0
New Construction No
Occupancy Description Tenant
Open Parking Spaces 3.0
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Abbot Kinney
Total Units 2
View Y/N No
Virtual Tour https://www.tourfactory.com/idxr3052118
Waterfront Y/N No
Year Built 1954
Zoning LAC2

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N No
Street Suffix Boulevard
Total Baths 2
Total Bedrooms 4
Total Stories 1

Exterior Features

Living Area 1867.0
Building Area Total 1867.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.0689
Lot Size Area 3000.0
Lot Size Units SquareFeet
Number of Buildings 1
Open Parking Y/N No
Spa No
Total Parking 5.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90291

Price
AVG $2.74M
$1.88M
Visits
AVG 76
227
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1954
Walkscore
AVG 92
94
Data Provided by Walkscore® not using MLS data