Add a piece of Abbot Kinney to your portfolio or take advantage of this amazing opportunity to remodel or develop. Bring your imagination to remodel the original 2 bed, 1 bath bungalow craftsman or use the included RTI plans to develop this masterpiece. It has taken the Seller approximately two years to obtain the fully entitled Coastal Commission approved RTI plans. The plans are to build an architectural 3-story approximately 5300 sqft building, which includes a 1200 sqft ADU. The single family residence is located on the top two floors and offers 4 beds, 5 baths, an open floor plan, elevator, and large private deck. The ADU, located on the bottom floor, has an open floor plan with 1 bed, 2 baths, laundry room, office, and private patio. Whether you are looking for an investment opportunity, live/work space, or single family residence with extra income opportunity, the potential is unlimited and the location is iconic.

The manager has listed the unit size as 1283 square feet.