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2320 Abbot Kinney Boulevard

2320 Abbot Kinney Boulevard, Venice, CA 90291
Property in President's Row
1 Units For Sale
Unit for sale at 2320 Abbot Kinney Boulevard, Venice, CA 90291

$5,500,000 In Contract

  • Commercial
  • 4,637 ft²
2320 Abbot Kinney Boulevard, Venice, CA 90291 Listing by Joseph Nuzzolo

2320 Abbot Kinney Boulevard has been categorized by the local assessors in Venice, CA as a industrial type of property. The building on the property was first built in 1968 and is 56 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2320 Abbot Kinney Boulevard has 4,637 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,299 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2320 Abbot Kinney Boulevard sold most recently in Feb 28, 2023 for a total of $5,050,000. If you work out the math, that's approximately a cost of $1,089.07 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,703 in taxes each year. 2320 Abbot Kinney Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,587,247. If we break it down further, the land itself was valued at $1,443,598. Improvements to the property, however, were assessed at a total of $143,649. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,299
  • Total Building Area: 4,637
  • Gross Building Area: 4,637
  • Building Area: 4,637
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: 6002
  • Land Acres: 0.122
  • Standard Land Use Code: Light industrial
  • Legal Description 1: TRACT NO 6002 LOTS 21 AND LOT/SEC 22

Ownership

  • Current Owner : DR SOUP REAL ESTATE LLC
  • Previous Owner : AUGUST JOSEPH STENZEL III SPECIAL NEEDS
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273800

Zoning

  • Zoning: LAM1

Geography

  • Assessors Map Reference: 49-D4
  • Subdivision Tract Number: 6002
  • Parcel: 4237-007-031
  • Lot: 21
  • Municipality: WEST /SANTA MONICA
  • Latitude: 33.9882
  • Longitude: -118.459

    Address

  • Full Address: 2320 Abbot Kinney Blvd
  • Address - House Number: 2320
  • Address - Street Name: Abbot Kinney
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Venice
  • Carrier Code: C061
  • 4-Digit Zip Code: 7704
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,703
  • Tax Rate Code Area: 00-067

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: LONE OAK FUND LLC
  • First Open Lien Mortgage Recording Date: Mar 28, 2023
  • First Open Lien Mortgage Loan Amount: $4,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Recording Date: Mar 28, 2023
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,587,247
  • Assessed Land Value: $1,443,598
  • Assessed Improvements Value: $143,649

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 28, 2023
  • Current Sale Transaction ID: 11904262567
  • Current Sale Price: $5,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 195797

    Last Sale Mortgage

  • First Mortgage Lender: LONE OAK FUND LLC
  • First Mortgage Transaction Date: Mar 28, 2023
  • First Mortgage Loan Amount: $4,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Amount: $500,000

About West Los Angeles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2320 Abbot Kinney Boulevard located in?
The 2320 Abbot Kinney Boulevard is a located in the neighborhood of President's Row in West Los Angeles, Venice.
How many listings are currently for sale in 2320 Abbot Kinney Boulevard?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2320 Abbot Kinney Boulevard?
The average sales price for units in 2320 Abbot Kinney Boulevard is $5,500,000 , or $1,186/sqft. currently.

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