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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2700 Abbot Kinney Boulevard, Venice – $4,995,000

  • 3 Beds
  • 2 Baths
  • 11,180 Sqft
  • .32 Acres
  • 3 Beds
  • 2 Baths
  • 11,180 Sqft
  • .32 Acres

2700 Abbot Kinney Boulevard

MASSIVE PRICE IMPROVEMENT! 13.39 GIM AND 4.75 CAP! INCREDIBLE PRICING FOR ABBOT KINNEY! We are pleased to offer for sale an incredible multifamily asset at 2700 Abbot Kinney Blvd. in the heart of LA's famed beach city of Venice. Originally built in 1959, the building boasts an incredibly rare unit mix consisting of 1 and 2 bedroom units. Each of these units are spacious and have a terrific floor plan. The property is situated on a large corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.86/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to the Venice Boardwalk and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A walker's paradise, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Essential Information

  • MLS® #24424311
  • Price$4,995,000
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage11,180
  • Acres0.32
  • Year Built1959
  • TypeResidential Income
  • StatusActive

Community Information

  • Address2700 Abbot Kinney Boulevard
  • AreaC11 - Venice
  • CityVenice
  • CountyLos Angeles
  • Zip Code90291

Amenities

  • Parking Spaces15
  • ParkingAssigned
  • GaragesAssigned

Interior

  • HeatingWall Furnace
  • CoolingWall/Window Unit(s)
  • # of Stories2
  • StoriesOne

Additional Information

  • Date ListedAugust 6th, 2024
  • Days on Market383
  • ZoningLAR3

Listing Details

  • AgentJonathan Taksa

Office

Remax Commercial and Investment Realty

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Price Change History for 2700 Abbot Kinney Boulevard, Venice, (MLS® #24424311)

Date Details Change
Price Reduced from $5,650,000 to $4,995,000 $655,000 (11.59%)
Price Reduced from $6,995,000 to $5,650,000 $1,345,000 (19.23%)
Price Reduced from $7,850,000 to $6,995,000 $855,000 (10.89%)

Jonathan Taksa, Remax Commercial and Investment Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of August 24th, 2025 at 2:15am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.