2818 1/2 Abbot Kinney Boulevard, Venice, CA 90291 | MLS 24382921 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$1,550,000  

2818 1/2 Abbot Kinney Boulevard
Venice, CA 90291

Single Family
Residential
3
Beds
3
Baths
1,600
Sq. Ft.
0.0689
Acres Lot
Courtesy: Samantha Kinnon - Pardee Properties
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!
24382921
Single Family, 1 Story
3
Los Angeles
3 Full
1954
0.0689 Acres
1
Other
1,600 Sq. Ft.
School Information
Los Angeles Unified
Bathrooms
3
Total:3
Detailed Room Information
Laundry
None
Kitchen
Dishwasher, Disposal, Refrigerator
Interior Features
Appliances
Dishwasher, Disposal, Refrigerator
Flooring
Wood
Cooling
None
Entry Location
Ground Level w/steps
Fireplaces
None.
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Additional Interior Features
Recessed Lighting
Exterior / Lot Features
Parking
4 Parking Spaces. Driveway, Garage, Private.
Patio
Front Porch, Patio
Pool Description
None
Spa
None
Zoning
LAC2
Fence
Wood
Structural Condition
Updated/Remodeled
Additional Exterior/Lot Features
Front Porch, Patio,. Front Yard.
Community Features
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Complex Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Financial Considerations
4237025035
Cash, Conventional
Courtesy: Samantha Kinnon - Pardee Properties
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