See Home Value
Los Angeles 90291 Venice
1342 Abbot Kinney Blvd
$8,550,000 - $10,450,000
House - Off Market

1342 Abbot Kinney Blvd

Venice, CA 90291
bedrooms
3 Beds
bathrooms
5 Baths
square feet
4488 Sqft
Sold Sep 22, 2004
$775,000
$620,000 by Grandpoint Bank
Mortgage Due May 01, 2042
Sold Aug 23, 2000
$40,000
Buyer

About This Property

Live on iconic Abbot Kinney in this unparalleled architectural mixed-use residence. This trophy property is zoned live/work and has an exceptional 3,900+ sqft creative, one-of-a-kind live/work penthouse, plus a 600 sqft ground floor retail space with a well-established tenant, offering you tremendous value and flexibility! With LAC2 zoning, this property is turnkey, with tons of upside potential. The fully operational retail space on the ground floor and the one-of-a-kind, expansive penthouse home upstairs that is currently vacant allow you the ability to live or work and receive passive income or to utilize the property as a total turnkey cash-flowing investment. There is nothing else like this on the market. //About this property: Imagine waking up overlooking iconic Abbot Kinney Blvd and being able to walk to Erewon to pick up the finest groceries, several coffee shops for your morning brew, or the Venice Farmer's Market for fresh fruits. Designed by renowned architect Dennis Gibbens, this residence artfully integrates natural light and outdoor elements while ensuring privacy. Step into an entertainer's oasis on the 2nd level, adorned with expansive walls of sliding glass. This level features a gourmet kitchen, dining area, den, and living room, all centered around an inviting open-air atrium. Warm yourself by the fireplace or step onto the large balcony overlooking the iconic Abbot Kinney Blvd. Upstairs, discover 3 luxurious suites, including a stunning primary bedroom boasting a 15-foot ceiling. Indulge in the primary bath's dual-vanity, soaking tub, and oversized shower. Ascend to the spacious rooftop deck, which is equipped with a built-in grill, outdoor shower, and breathtaking 360-degree views. The ground floor retail space, occupied by a community favorite retail store, is equally as beautiful with grounding earth-tone elements and floor-to-ceiling glass windows and doors. This space has an amazing vibe to all that walk through the door. With fantastic frontage to Abbot Kinney; this space allows for excellent foot traffic. // The Neighborhood: Situated in the heart of the best Venice has to offer, you have some of Los Angeles's most iconic restaurants, coffee shops, and boutiques at your doorstep and a short stroll to the beach! Don't miss this chance to live, work, and play here - nothing compares!

The manager has listed the unit size as 4488 square feet.
Unit Size
4,488Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$2,117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

Price History

Date / Event Date Event Price
Mar 31, 2024 No longer available -
No longer available
Jan 3, 2024 Listed $9,500,000
Listed
Nov 21, 2020 No longer available -
No longer available
Nov 8, 2020 Relisted $10,750,000
Relisted
Nov 7, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,699
  • Total Building Area: 4,488
  • Building Area: 4,488

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: VENICE OF AMERICA TRACT
  • Land Acres: 0.062
  • Legal Description 1: VENICE OF AMERICA LOT/SEC 28 BLK/DIV/TWN 17

Ownership

  • Current Owner : GIBBENS DENNIS M
  • Current Owner 2: THE DENNIS M GIBBENS LIVING TR
  • Previous Owner : WESTWOOD NATIONAL LLC
  • Owner Before Previous Owner: SPRINGER HAROLD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273502

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4238-004-038
  • Block: 17
  • Lot: 28
  • Municipality: WEST /VENICE
  • Latitude: 33.9906
  • Longitude: -118.467

    Address

  • Full Address: 1342 Abbot Kinney Blvd
  • Address - House Number: 1342
  • Address - Street Name: Abbot Kinney
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C046
  • 4-Digit Zip Code: 3778
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,333
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: GRANDPOINT BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2012
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,733,946
  • Assessed Land Value: $1,038,331
  • Assessed Improvements Value: $695,615

    Sales

  • Current Sale Contract Date: Jul 20, 2004
  • Current Sale Recording Date: Sep 22, 2004
  • Current Sale Transaction ID: 1026602020
  • Current Sale Price: $775,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 04-2435306
  • Previous Sale Recording Date: Aug 23, 2000
  • Previous Sale Contract Date: Aug 10, 2000
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: unknown



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
5 Baths
5,100 ft²
$1,765/ft²
$9,000,000 Apr 11, 2024
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1342 Abbot Kinney Boulevard built and last sold?
The property at 1342 Abbot Kinney Boulevard was built in 2008 and last sold on Jul 20, 2004 for $775,000.
How much is this home worth?
The estimated value of the home located at 1342 Abbot Kinney Boulevard is $9,356,167.
What are some comparable homes to 1342 Abbot Kinney Boulevard?
Homes that are comparable to 1342 Abbot Kinney Boulevard include a house property at 1601 Shell Avenue, located in VENICE, CA.

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