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2818 Abbot Kinney Boulevard

Venice, CA 90291

$1,457,500 Sale Price
Est. Payment: $ 0/mo
3
Bed
0
Bath
1,600 Sq. Ft.
$934 / Sq. Ft.
Sold

2818 Abbot Kinney Boulevard

Venice, CA 90291

Sold
$1,457,500 Sale Price
$0/mo
3
Bed
0
Bath
1,600
Sq. Ft.
1 /
Huge 200k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.6% Cap Rate and 15.2 GRM once leased. Endless ways to utilize this property; the moment you receive the keys rent both units at market rates, or perfect for an owner user who wants a pied a-terre, expand and develop, or live in one and rent the other for passive income!! This quintessential property could not be in a better location. With some of Los Angeles' best restaurants, coffee shops, and boutiques at your doorstep, you are a quick stroll to the beach and the Venice Canals! // About This Home: As you enter the charming gate, you are welcomed by a private, serene aesthetic surrounded by lush landscaping that creates an ultra-private oasis. Consisting of two (2) units, you will be wowed at how much space is offered and how functional the floorplans are in each unit. The front 1 Bdrm/1 Bath unit is perfectly designed, with tranquil views of the front yard, and is infused with natural light. Every space has been thought of and is relaxing and cozy. The back 2 Bdrm/2 Bath unit is very warm and inviting, with a sunny living area, and flows into a dining room and kitchen. Your primary retreat has a nice-sized closet space with an ensuite bathroom, and the second bedroom is fabulous as a home office or guest space. An attached nicely sized garage, with more parking in the exterior drive. This additional space allows you to expand the living space while keeping parking intact. Utilize this space for parking and storage, or make this a den/hangout area, media room, game room, home gym, or creative haven! // We Love: All the upside potential here! Ready for your investment portfolio now or have yourself a great income-producing property in one of the best locations on the Westside. // The Neighborhood: With some of Los Angeles's best restaurants, coffee shops, and shopping at your doorstep, everything you could want or need is here. Ride your bike to the beach, or stroll to the Venice Canals. This is SoCal living at its finest. This rare gem will not last long! Perfect Live/Work/Rent/Development/Airbnb Opportunity on the world-famous Abbot Kinney Blvd in the heart of Venice on a C2 zoned lot, which may also be used for short-term rentals/office/retail. There are preliminary plans for a potential attached ADU in the garage for future upside -- available upon request!
PROPERTY INFORMATION
MLS # 24382897 Lot Size 3,003 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,495,000
Price Per SqFt: $ 934
DOM 378 Days
Address 2818 Abbot Kinney Boulevard Type Residential Income
City Venice Sq.Ft. 1,600 Sq. Ft.
Postal Code 90291 Garage N/A
County Los Angeles Year Built 1954
Bed / Bath 3 / 0 Parking 4
Built In 1954 Status Closed
Sold Date 2024-07-12
INTERIOR FEATURES
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Kitchen Appliances Dishwasher, Disposal, Refrigerator
Room Information Living Room
Has Cooling No
Cooling Information None
Flooring Information Wood
InteriorFeatures Information Recessed Lighting
EntryLocation Ground Level w/steps
Has Spa No
SpaDescription None
EXTERIOR FEATURES
Has Pool No
Pool None
Has Patio Yes
Patio Patio Open, Front Porch
WALKSCORE
  Walk Score: 93 (Walker's Paradise)
  Transit Score: 56 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,595
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/24/2024 Listed $1,550,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Samantha Kinnon, Pardee Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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