See Home Value
Los Angeles 90291 Venice
2818 Abbot Kinney Blvd
$1,395,000 - $1,705,000
House - Off Market

2818 Abbot Kinney Blvd

Venice, CA 90291
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1600 Sqft

About This Property

Huge 145k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.4% Cap Rate and 15.7 GRM once leased. Endless ways to utilize this property; the moment you receive the keys rent both units at market rates, or perfect for an owner user who wants a pied a-terre, expand and develop, or live in one and rent the other for passive income!! This quintessential property could not be in a better location. With some of Los Angeles' best restaurants, coffee shops, and boutiques at your doorstep, you are a quick stroll to the beach and the Venice Canals! // About This Home: As you enter the charming gate, you are welcomed by a private, serene aesthetic surrounded by lush landscaping that creates an ultra-private oasis. Consisting of two (2) units, you will be wowed at how much space is offered and how functional the floorplans are in each unit. The front 1 Bdrm/1 Bath unit is perfectly designed, with tranquil views of the front yard, and is infused with natural light. Every space has been thought of and is relaxing and cozy. The back 2 Bdrm/2 Bath unit is very warm and inviting, with a sunny living area, and flows into a dining room and kitchen. Your primary retreat has a nice-sized closet space with an ensuite bathroom, and the second bedroom is fabulous as a home office or guest space. An attached nicely sized garage, with more parking in the exterior drive. This additional space allows you to expand the living space while keeping parking intact. Utilize this space for parking and storage, or make this a den/hangout area, media room, game room, home gym, or creative haven! // We Love: All the upside potential here! Ready for your investment portfolio now or have yourself a great income-producing property in one of the best locations on the Westside. // The Neighborhood: With some of Los Angeles's best restaurants, coffee shops, and shopping at your doorstep, everything you could want or need is here. Ride your bike to the beach, or stroll to the Venice Canals. This is SoCal living at its finest. This rare gem will not last long! Perfect Live/Work/Rent/Development/Airbnb Opportunity on the world-famous Abbot Kinney Blvd in the heart of Venice on a C2 zoned lot, which may also be used for short-term rentals/office/retail. There are preliminary plans for a potential attached ADU in the garage for future upside -- available upon request!

The manager has listed the unit size as 1600 square feet.
Unit Size
1,600Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$969
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Apr 25, 2024 No longer available -
No longer available
Apr 24, 2024 Listed $1,550,000
Listed
Huge 145k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.4% Cap Rate and 15.7 GRM once leased…
Feb 15, 2024 Price Decreased $1,550,000
↓ $45K (2.8%)
Price Decreased
Jan 8, 2024 Listed $1,595,000
Listed
Huge 100k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.25% Cap Rate once leased. Endless ways to…
Jan 7, 2024 No longer available -
No longer available
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3.5 Baths
2,258 ft²
$731/ft²
$1,650,000 Nov 30, 2023
-
-
House
2 Beds
1 Bath
1,036 ft²
$1,543/ft²
$1,599,000 Apr 15, 2024
-
-
House
2 Beds
1 Bath
939 ft²
$1,810/ft²
$1,700,000 Apr 3, 2024
-
-
In Contract
House
2 Beds
2 Baths
860 ft²
$1,773/ft²
$1,525,000 Feb 14, 2024
-
-
House
2 Beds
1 Bath
918 ft²
$1,955/ft²
$1,795,000 Apr 9, 2024
-
-
House
2 Beds
1 Bath
780 ft²
$2,045/ft²
$1,595,000 Apr 24, 2024
-
-
House
2 Beds
1 Bath
710 ft²
$2,252/ft²
$1,599,000 Apr 2, 2024
-
-
Condo
2 Beds
2.5 Baths
1,459 ft²
$925/ft²
$1,349,000 Mar 18, 2024
-
$1,212/mo
Other
Loft
-
1,600 ft²
$969/ft²
$1,550,000 Apr 24, 2024
-
-
House
2 Beds
1 Bath
-
$1,695,000 Nov 6, 2023
-
-
House
2 Beds
1 Bath
-
$1,695,000 Dec 13, 2023
-
-
Condo
2 Beds
2.5 Baths
2,652 ft²
$660/ft²
$1,749,500 Nov 2, 2023
-
$2,470/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230815
08/15/2023
Loft
-
1600 ft²
$1,695,000
bedrooms
Loft
bathrooms
-
square feet
1600 ft²
-
-
-
Kerry Ann Sullivan
Pardee Properties

Building Info

2818 Abbot Kinney Boulevard 2818 Abbot Kinney Boulevard, Venice, CA 90291
  • 1 Unit for Sale
More about this Building
2818 Abbot Kinney Boulevard
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About West Los Angeles


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