2727 Abbot Kinney Boulevard, Venice, CA 90291

$8,875,000
11,888
SqFt
List Price
$8,875,000
Status
ACTIVE
MLS#
21682824
Year Built
1958
Living Sq. Ft
11,888
Lot Size
13,555
Acres
0.3
Days on Market
49
Property Type
Multifamily

Property Description

2727-2741 Abbot Kinney Boulevard, located in the beach community of Venice, California, in the heart of Silicon Beach. Abbot Kinney Boulevard has tremendous cache and was named The Coolest Street in America, by GQ Magazine and has developed into the de facto capital of this flourishing neighborhood. Situated at the southern end of Venice, bordering Marina Del Rey, 2727-2741 Abbot Kinney Boulevard is less than one block north to the revitalized Washington Boulevard with many new developments, restaurants and shops. Likewise, just a few blocks north of the subject property is one of the hottest retail and dining corridors in the country. With a Walk Score of 90 and a Bike Score of 94 out of 100, this location is a Walkers Paradise, offering tenants access to all that the Venice Beach experience has to offer.Built in 1958, this garden-style 20-unit apartment complex consists of two structures, totaling 11,888 square feet of improvements and sits on a 13,355 square foot lot, zoned LAC2.

Additional Information

Number Of Units Total
20
Unit One Total Units
1
Unit One Baths
1
Unit One Actual Rent
1816.00
Unit One Total Rent
1900.00
Unit One Pro Forma
1816
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
1
Unit Two Baths
1
Unit Two Actual Rent
2075.00
Unit Two Total Rent
2150.00
Unit Two Pro Forma
2075
Unit Two Furnished
Unfurnished
Unit Three Total Units
18
Unit Three Beds
2
Unit Three Baths
1
Unit Three Actual Rent
2895.00
Unit Three Total Rent
3195.00
Unit Three Pro Forma
2895
Unit Three Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Richard Ringer from Richard J. Ringer Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.