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$ 5,195,000
Est. payment | /mo
10 Beds
12 Baths
4,685 SqFt
$ 5,195,000
Est. payment | /mo
10 Beds
12 Baths
4,685 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,685 sqft
Price per Sqft $1,108
MLS Listing ID 25513113
Bedrooms 10
HOA Y/N No
Year Built 1941
Lot Size 9,003 Sqft
Property Description
Rare Investment & Development Opportunity on Venice's Iconic Abbot Kinney Blvd. A truly one-of-a-kind opportunity to own a prime real estate on GQ magazines "the coolest block in America". This exceptional offering consists of three separate adjoining parcels (1722, 1724, 1726 Abbot Kinney) totaling over 9,000 square feet of land, featuring 12 units across three buildings (four units per building). This charming Venice compound includes 10 (1) bedroom/(1) bath units and 2 bachelors, all designed in a bungalow-style layout with beautiful adjoining courtyards. The property embodies the best of Venice living offering a serene and private atmosphere while being walking distance from the Venice Canals and Venice Beach, steps from the area's top dining (Felix, Gjelina, Great White, Scopa), Erewhon, Abbot Kinney's "First Fridays", bars, the local Farmer's Market and entertainment. With six one-car garages and four additional open parking spaces, this property provides rare and ample parking for residents and guests alike. Even more compelling, the property is zoned LAC2 (Commercial Retail), unlocking massive long-term upside for future development in this A+ location. All three parcels are being sold together as a package, but will be transferred separately by parcel. Whether you're an investor looking for strong rental income, a developer seeking prime real estate, or an owner-user envisioning the possibilities, this is an unparalleled chance to secure a trophy asset in the heart of Venice.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAC2
Interior
Heating Wall Furnace
Fireplaces Type Bath, Dining Room, Gas, Kitchen, Living Room
Fireplace Yes
Appliance Dishwasher
Exterior
Parking Features Driveway
Garage Spaces 6.0
Garage Description 6.0
Attached Garage No
Total Parking Spaces 10
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4228001012
Special Listing Condition Standard
Listed by Tyler Kunkle • Pardee Properties