Listed By:
Ron Wolotzky with Rodeo Realty;
Address
1706 Abbot Kinney Boulevard, Venice, CA
Price
$ 1,875,000
Property Attributes
  • MLS#23234553
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 1,875,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2842
  • 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 the bottom floor of this duplex and is on a month to month. The upper unit is vacant. The adjacent buildings are the 580 Venice Blvd. on about 3,907 sf lot, APN 4228-001-004, MLS# 23-234251 offered at $2,500,000 and 1702 Abbot Kinney Blvd. on about 3,000 sf lot, APN 4228-001-005, MLS#23-234541. Offered at $1,875,000. ALL 3 LOTS TOTAL FOR $6,250,000, BASED ON APPROXIMATLEY $625 PER SQ. FT. LAND VALUE. 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

Zoning LAC2
Year Built 1954
Stories 2
Levels Two
Gross Income 12600.0
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions South west corner of Venice Blvd and Abbot Kinney Blvd. West of Lincoln.
City Venice
View Y/N No
Senior Community Y/N No
Open Parking Spaces 4.0
Total Units 2
MLS Area C11 - Venice
Lot Size Square Feet 3001.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Abbot Kinney
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.tourfactory.com/idxr3052121
Days on Market 360
Standard Status Active
Occupancy Description Tenant
MobileHomeRemainsYN No

Interior Features

Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Boulevard
Total Bedrooms 3
Electric On Property Y/N No
Total Baths 2

Exterior Features

Total Parking 4.0
Lot Size Area 3001.0
Number of Buildings 1
Spa No
Building Area Total 2842.0
Lot Size Acres 0.0689
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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 Multi-Family Average in 90291

Price
AVG $3.37M
$1.88M
Visits
AVG 109
443
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1954
Walkscore
AVG 93
94
Data Provided by Walkscore® not using MLS data