Price Reduction
Address
2727 Abbot Kinney Boulevard Venice, CA
Price
$ 8,750,000
Property Attributes
  • MLS#0021734058
  • TypeIncome
  • CountyLOS ANGELES
  • CityVenice
  • AreaVenice
  • Zip90291
  • Style
  • Price$ 8,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11888
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Richard J. Ringer Inc.
Data Source:
California Desert Association of REALTORS® (CDAR) - 148 - CA
Property Description

Built in 1958, this garden-style 20-unit apartment complex consists of two structures, totaling 11,888 square feet of improvements and sits on a 13,555 square foot lot, zonedLAC2. There is a very attractive unit mix of one (1) studio/one-bath, one (1) Junior one-bedroom/one-bath and eighteen (18) two-bedroom/one-bath units. There is currently nine (9) vacant units. The property has been tastefully upgraded with13/20 units completely gutted and remodeled, copper pipes, new landscaping, exterior lighting, facade and concrete driveway. The seller has also completed the required seismic retrofitting. There are 6 parking spaces, secured entry and on-site laundry.

Price History
5/19/2021 Listed $8,875,000
9/8/2021 2% - $8,750,000

General Features

Flooring Laminate
Interior Features Ceiling Fan(s)
MLS Area C11 - Venice
New Construction No
PropertyCondition Updated/Remodeled
Security Features Gated Community, Resident Manager
Senior Community Y/N No
Zoning LAC2

Interior Features

Total Stories 2

Exterior Features

Building Area Total 11888.0
Land Lease Type Fee
Lot Size Acres 0.3
Lot Size Area 13356.0
Lot Size Square Feet 13356.0
Lot Size Units Square Feet
Numberofunitsbuildings 2
Parking Features Carport

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 $3.5M
$8.75M
Visits
AVG 81
16
Year Built
AVG 1954
1958
Walkscore
AVG 91
90
Data Provided by Walkscore ® not using MLS data

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