Skip To Content

    2727 Abbot Kinney Boulevard

    Venice, CA 90291
    • $8,750,000
    • STATUS: Active
    • ON SITE: 124 days
    • ID#: 21734058
    Price Reduced
    $8,750,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    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 13,555 square foot lot, zonedLAC2. There is a very attractive unit mix of one (1) studio/one-bath, one (1) Junior one-bedroom/one-bath and eighteen (18) two-bedroom/one-bath units. There is currently nine (9) vacant units. The property has been tastefully upgraded with13/20 units completely gutted and remodeled, copper pipes, new landscaping, exterior lighting, facade and concrete driveway. The seller has also completed the required seismic retrofitting. There are 6 parking spaces, secured entry and on-site laundry.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/117388727
    Print Image

    2727 Abbot Kinney Boulevard Venice, CA 90291

    • Price: $8,750,000
    • Status: Active
    • ID#: 21734058
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1958
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    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 13,555 square foot lot, zonedLAC2. There is a very attractive unit mix of one (1) studio/one-bath, one (1) Junior one-bedroom/one-bath and eighteen (18) two-bedroom/one-bath units. There is currently nine (9) vacant units. The property has been tastefully upgraded with13/20 units completely gutted and remodeled, copper pipes, new landscaping, exterior lighting, facade and concrete driveway. The seller has also completed the required seismic retrofitting. There are 6 parking spaces, secured entry and on-site laundry.
    Exterior Features

    Carport YN Yes Parking Features Carport

    Interior Features

    Flooring Laminate Interior Features Ceiling Fan(S)

    Property Features

    Community Features Gated Gross Income 597133 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 365889 Property Condition Updated/Remodeled Security Features Gated CommunityResident Manager Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lac2

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365487743-2.jpg
    Logo
    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505