1726 Abbot Kinney Blvd - Apartments FOR SALE


Venice, CA 90291
$5,195,000 USD
310-907-6517
1726 Abbot Kinney Blvd, Venice, CA for Sale
$5,195,000 USD
Apartments - FOR SALE
1/17
null | 4.24% Cap Rate

1726 Abbot Kinney Blvd
Venice, CA 90291


OVERVIEW

Rare Investment & Development Opportunity on Venice's Iconic Abbot Kinney Blvd. A truly one-of-a-kind opportunity to own a prime real estate on GQ magazines "the coolest block in America". This exceptional offering consists of three separate adjoining parcels (1722, 1724, 1726 Abbot Kinney) totaling over 9,000 square feet of land, featuring 12 units across three buildings (four units per building). This charming Venice compound includes 10 (1) bedroom/(1) bath units and 2 bachelors, all designed in a bungalow-style layout with beautiful adjoining courtyards. The property embodies the best of Venice living offering a serene and private atmosphere while being walking distance from the Venice Canals and Venice Beach, steps from the area's top dining (Felix, Gjelina, Great White, Scopa), Erewhon, Abbot Kinney's "First Fridays", bars, the local Farmer's Market and entertainment. With six one-car garages and four additional open parking spaces, this property provides rare and ample parking for residents and guests alike. Even more compelling, the property is zoned LAC2 (Commercial Retail), unlocking massive long-term upside for future development in this A+ location. All three parcels are being sold together as a package, but will be transferred separately by parcel. Whether you're an investor looking for strong rental income, a developer seeking prime real estate, or an owner-user envisioning the possibilities, this is an unparalleled chance to secure a trophy asset in the heart of Venice.

FOR SALE DETAILS

PRICE

$5,195,000 USD

PRICE/SF

$1,109 USD /SF

# OF UNITS

12

PRICE/UNIT

$432,917

CAP RATE

4.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1722 Abbot Kinny

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,052 SF

ZONING

LAC2

APN/PARCEL ID

4228-001-012

ASK ABOUT THIS PROPERTY

Tami PardeePardee PropertiesMore Info
310-907-6517

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Tami PardeePardee PropertiesMore Info
310-907-6517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.