9
Pending

2339 ABBOT KINNEY BLVD Venice, CA 90291

$1,850,000

4

Bedrooms

3

Total Baths

Full Baths

1,792

Square Feet

0.11

Acres

1949

Year Built

Pending

Status

MLS#

21-101376

Listed By Filip Niculete
Marcus & Millichap

We are proud to present for sale this very rare triplex opportunity in the heart of Venice, CA, located at 2339 Abbot Kinney Blvd, just 0.75 miles from the Venice Beach, and just steps from local shops, restaurants, and entertainment that the world famous Abbot Kinney Blvd has to offer.This 3-unit, 1,792 SqFt multifamily building sits on a 4,858 SqFt lot, and it has a good unit mix of (2) 1-Bed / 1-Bath units and (1) 2- Bed / 1-Bath unit. This property is perfect for an investor who wants to capitalize on the upside potential in rental income and the historically strong appreciation of this Venice market. It is also perfect for an owner occupy buyer who wants to live in one of the units and collect rent on the other two. Furthermore, this property's zoning also offers an investor the potential for future redevelopment of 4 units/ condos, with a maximum envelope of 8,561 SqFt.

Details


Interior
Bathrooms Total
3
Bedrooms Total
4
Living Area
1,792 SqFt.

Building And Construction
Number Of Units Total
3
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1949

Exterior And Lot
Lot Size Acres
0.1115
Lot Size Square Feet
4857
Parking Total
3
Zoning
LAR3

Utilities
Cooling
Other
Heating
Other

Area And Schools
City
Venice
County Or Parish
Los Angeles

Additional Info
GrossOperatingIncome
90792
GrossRentMultiplier
19.76
PricePerSqFt
1032.37

Listing Office Marcus & Millichap, 818-212-2700

MLS# 21-101376

Updated 11:19AM - 1/21/2022

Listing Agent Filip Niculete, 818-212-2817

The multiple listings information is provided by The MLS?/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS?/CLAW. All Rights Reserved. The information provided is for consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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