2818 Abbot Kinney Boulevard Venice, CA $ 1,550,000
2818 Abbot Kinney Boulevard
$ 1,550,000
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2818 Abbot Kinney Boulevard

Venice, CA, 90291
$ 1,550,000
Bedrooms3 Baths3.0 Sq 1,600

Monthly Estimate*

$ 10,827

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Single Family Home for sale in Venice, CA

for $1,550,000 with 3 bedrooms and 3 full baths. This 1,600 square foot home was built in 1954 on a lot size of 0.07.

Huge 145k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.4% Cap Rate and 15.7 GRM once leased. Endless ways to utilize this property; the moment you receive the keys rent both units at market rates, or perfect for an owner user who wants a pied a-terre, expand and develop, or live in one and rent the other for passive income!! This quintessential property could not be in a better location. With some of Los Angeles' best restaurants, coffee shops, and boutiques at your doorstep, you are a quick stroll to the beach and the Venice Canals! // About This Home: As you enter the charming gate, you are welcomed by a private, serene aesthetic surrounded by lush landscaping that creates an ultra-private oasis. Consisting of two (2) units, you will be wowed at how much space is offered and how functional the floorplans are in each unit. The front 1 Bdrm/1 Bath unit is perfectly designed, with tranquil views of the front yard, and is infused with natural light. Every space has been thought of and is relaxing and cozy. The back 2 Bdrm/2 Bath unit is very warm and inviting, with a sunny living area, and flows into a dining room and kitchen. Your primary retreat has a nice-sized closet space with an ensuite bathroom, and the second bedroom is fabulous as a home office or guest space. An attached nicely sized garage, with more parking in the exterior drive. This additional space allows you to expand the living space while keeping parking intact. Utilize this space for parking and storage, or make this a den/hangout area, media room, game room, home gym, or creative haven! // We Love: All the upside potential here! Ready for your investment portfolio now or have yourself a great income-producing property in one of the best locations on the Westside. // The Neighborhood: With some of Los Angeles's best restaurants, coffee shops, and shopping at your doorstep, everything you could want or need is here. Ride your bike to the beach, or stroll to the Venice Canals. This is SoCal living at its finest. This rare gem will not last long! Perfect Live/Work/Rent/Development/Airbnb Opportunity on the world-famous Abbot Kinney Blvd in the heart of Venice on a C2 zoned lot, which may also be used for short-term rentals/office/retail. There are preliminary plans for a potential attached ADU in the garage for future upside -- available upon request!

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Single Family Active

Price

$ 1,550,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.07

Year Built

1954

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024382921

Features
General
Interior Features Recessed Lighting
Possession Close of Escrow
Zoning LAC2
Patio/Porch Features Front Porch Patio Open
Pool Features Private
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
3/4 Baths 0
Full Baths 3
Half Baths 0
Year Built 1954
Levels One
Property SubType Single Family Residence
Accessibility Other
County Los Angeles
New Construction No
Property Type A
HOA / Comm Assn No
Attached Garage No
Facing Direction West
Status Active
City Venice
Buyer Agent Compensation 2.50
Entry Location Ground Level w/steps
View Y/N No
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Square Feet 3003.0
Street Name Abbot Kinney
Spa Features None
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Kitchen Appliances Disposal Dishwasher Refrigerator
Total Stories 1
Air Conditioning Y/N No
Fireplace Y/N No
Street Suffix Boulevard
Total Bathrooms 3.0
Laundry Features None
Total Baths 3
Total Bedrooms 3
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Exterior
Fencing Wood
Parking Features Driveway
Lot Features Front Yard
Water Source None
Lot Size Area 3003.0
Foundation Details None
Spa No
Pool Y/N? No
Building Area Total 1600.0
Lot Size Acres 0.07
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Samantha Kinnon

Listing Agent

Pardee Properties

Broker

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$10,827
Per Month
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Monthly Principal & Interest
$10,827
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$1,550,000 Listed Price

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2818 Abbot Kinney Boulevard, Venice, CA, 90291 is a Single Family Home for sale at $1,550,000 with 1,600 sqft and a lot size of 0.07. 2818 Abbot Kinney Boulevard has 3 bedrooms, 3.0 baths, and was built in 1954. The property's zip code is 90291 which is in Venice, CA