Address
1706 Abbot Kinney Boulevard, Venice, CA
Price
$ 1,875,000
Property Attributes
- MLS#23234553
- TypeIncome
- 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
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Attached Garage | No |
| Carport Y/N | No |
| City | Venice |
| County | Los Angeles |
| Days on Market | 192 |
| Directions | South west corner of Venice Blvd and Abbot Kinney Blvd. West of Lincoln. |
| Garage Y/N | No |
| Gross Income | 12600.0 |
| Home Warranty Y/N | No |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Lot Size Square Feet | 3001.0 |
| MLS Area | C11 - Venice |
| Mobilehomeremainsyn | No |
| Net Operating Income | 0.0 |
| New Construction | No |
| Occupancy Description | Tenant |
| Open Parking Spaces | 4.0 |
| 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/idxr3052121 |
| 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 | 3 |
| Total Stories | 2 |
Exterior Features
| Living Area | 2842.0 |
|---|---|
| Building Area Total | 2842.0 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Size Acres | 0.0689 |
| Lot Size Area | 3001.0 |
| Lot Size Units | SquareFeet |
| Number of Buildings | 1 |
| Open Parking Y/N | No |
| Spa | No |
| Total Parking | 4.0 |
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
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of November 30, 2023 8:12 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
