1706 Abbot Kinney Blvd Venice, CA 90291
Sale
$1,875,000
2 Units
3 Beds
2 Baths
2,842 Area(sq.ft.)
3,001 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 1,050 | $ 12,600 | n/a |
| Unit 2 | 1 | 1 | 1 | No | n/a | n/a | n/a |
| 2 | 2 | 3 | 2 | $ 1,050 | $ 12,600 | $ 0 |
| MLS #: | 23-234553 |
| Days On Market: | 435 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 660 |
| Price per unit: | $ 937,500 |
| Year Built: | 1954 |
Property Details
HUGE REDUCTION! Once in a generation opportunity to purchase three buildings on contiguous parcels in the prime, highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. Zoned LAC2 creating great options for developers/investors. One tenant occupies the bottom floor of this duplex and is on a month to month. The upper unit is vacant. The adjacent buildings are the 580 Venice Blvd. on about 3,907 sf lot, APN 4228-001-004, MLS# 23-234251 offered at $2,500,000 and 1702 Abbot Kinney Blvd. on about 3,000 sf lot, APN 4228-001-005, MLS#23-234541. Offered at $1,875,000. ALL 3 LOTS TOTAL FOR $6,250,000, BASED ON APPROXIMATLEY $625 PER SQ. FT. LAND VALUE. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 50% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 12,600 |
| Gross Rent Multiplier: | 0.00 |
Structure
| Type of Units: | 2 |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LAC2 |
| Parking Garage: | Other |
Interior
| AC/Cooling: | Other |
| Equipment: | Other |
| Heating: | Other |
Exterior
Detailed Map
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Income
