Sotheby's International Realty
Matthew Aaronson, Sotheby's International RealtyPhone: (917) 359-5392
Email: [email protected]
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listing
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Residential IncomeFor Sale
$7,850,000
2700 Abbot Kinney Boulevard
Venice, CA 90291
Listed by Jonathan Taksa DRE#01366169 [email protected] Remax Commercial And Investment Realty
MLS: California Regional MLS (CRMLS)
24Beds
15Baths
11,180Sq Ft
Est. Mortgage
$40,620/mo

We are pleased to offer for sale an incredible multifamily asset at 2700Abbot 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 close 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.

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Information courtesy of Remax Commercial And Investment Realty is subject to verification and is not guaranteed.
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