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Los Angeles 90291 Venice
1011 Abbot Kinney Blvd
$6,500,000
Land - For Sale

1011 Abbot Kinney Blvd

Venice, CA 90291
bedrooms
Studio
bathrooms
0 Bath
$6,500,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model

About This Property

Situated on Venice's most sought-after street, this property boasts high visibility and foot traffic, making it an excellent spot for commercial ventures. This property has ample space to create a unique and attractive restaurant or storefront and build units or office spaces. Considerable upside/development potential, with the ability to maximize this property's commercial zoning and surplus of land, you have a range of opportunities and expansion. Abbot Kinney is known for its trendy shops, award-winning restaurants, and vibrant nightlife, offering a top year-round destination for locals and tourists alike. This is the ideal property with high visibility, foot traffic, and commercial zoning. Take advantage of this incredible investment in one of the most coveted streets in Los Angeles! ****PLEASE CONTACT OFFICE FOR MARKETING PACKAGE. This property is adjacent to vacant land at 919 Electric Ave and a 5,000 sq ft Mark Mac architectural, totaling 15,394 sq ft of continuous lots.
Unit Size
-
Days on Market
179 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1910
Listed By
Last updated: 6 months ago (CLAWCA #325645)

Price History

Date / Event Date Event Price
Nov 1, 2023 Listed by Pardee Properties $6,500,000
Listed by Pardee Properties

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1910
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,797
  • Total Building Area: 951
  • Building Area: 951

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: OCEAN PARK VILLA TRACT
  • Land Acres: 0.11
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: OCEAN PARK VILLA TRACT # 2 LOT/SEC 13 BLK/DIV/TWN T

Ownership

  • Current Owner : KARIGER BRIAN PATRICK
  • Current Owner 2: THE BRIAN PATRICK KARIGER REVO
  • Previous Owner : SPIERER ELAINE
  • Previous Owner 2: THE ELAINE SPIERER TRUST
  • Owner Before Previous Owner: COLEVINS NEKO D
  • Owner Before Previous Owner 2: JACOBSON JOHN L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273300

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 49-B4
  • Subdivision Tract Number: 2
  • Parcel: 4286-012-002
  • Block: T
  • Lot: 13
  • Municipality: WEST /VENICE
  • Latitude: 33.9925
  • Longitude: -118.472

    Address

  • Full Address: 1011 Abbot Kinney Blvd
  • Address - House Number: 1011
  • Address - Street Name: Abbot Kinney
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C046
  • 4-Digit Zip Code: 3372
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,666
  • Tax Rate Code Area: 00-067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,152,611
  • Assessed Land Value: $2,152,611

    Sales

  • Current Sale Contract Date: Oct 22, 2009
  • Current Sale Recording Date: Nov 09, 2009
  • Current Sale Transaction ID: 1032004312
  • Current Sale Price: $1,735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1682386
  • Previous Sale Recording Date: May 21, 1996
  • Previous Sale Contract Date: Mar 05, 1996
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Grant Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$5,500,000 Nov 1, 2023
-
-
Other
Loft
-
6,587 ft²
$835/ft²
$5,500,000 Jan 10, 2024
-
-
House
1 Bed
1.5 Baths
1,680 ft²
$3,839/ft²
$6,450,000 Dec 13, 2023
-
-
House
2 Beds
2 Baths
5,224 ft²
$1,139/ft²
$5,950,000 Sep 27, 2023
-
-
House
1 Bed
4 Baths
5,000 ft²
$1,500/ft²
$7,500,000 Nov 1, 2023
-
-

About West Los Angeles


Similar Homes for Sale

Unit for sale at 1015 Abbot Kinney Boulevard, VENICE, CA 90291

$7,500,000

  • 1 Bed
  • 4 Baths
  • 5,000 ft²
1015 Abbot Kinney Boulevard, VENICE, CA 90291 Listing by Tamra (Tami) Pardee
Unit for sale at 633 Santa Clara Avenue, Venice, CA 90291

$5,950,000

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Unit for sale at 1423 Abbot Kinney Boulevard, Venice, CA 90291

$6,450,000

  • 1 Bed
  • 1.5 Baths
  • 1,680 ft²
1423 Abbot Kinney Boulevard, Venice, CA 90291 Listing by Christopher Cortazzo

Nearby Rentals

Unit for rent at 1808 10th St, Santa Monica, CA, 90404

$1,700 /mo

  • Studio
  • 1 Bath
1808 10th St #1, Santa Monica, CA, 90404 Listing by Josh Flynn


Frequently Asked Questions

When was property at 1011 Abbot Kinney Boulevard built and last sold?
The property at 1011 Abbot Kinney Boulevard was built in 1910 and last sold on Oct 22, 2009 for $1,735,000.
How much is this home worth?
The estimated value of the home located at 1011 Abbot Kinney Boulevard is $6,565,000.
What are some comparable homes to 1011 Abbot Kinney Boulevard?
Homes that are comparable to 1011 Abbot Kinney Boulevard include a land property at 919 Electric Avenue, a other property at 1426 Main Street, a house property at 1423 Abbot Kinney Boulevard.

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