20
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$1,799,000
Est. payment /mo
2 Beds
2 Baths
1,283 SqFt
Open Sun 1PM-4PM
2616 Abbot Kinney BLVD Venice, CA 90291
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Open House
Sun Feb 01, 1:00pm - 4:00pm
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,283 sqft
Price per Sqft $1,402
MLS Listing ID 26642201
Bedrooms 2
HOA Y/N No
Year Built 1914
Lot Size 4,591 Sqft
Property Description
Attention Venice and Abbot Kinney lovers/business owners. Incredible investment and income-producing live/work bungalow with immediate income over apx. 4.% cap rate, with a one year remaining tenant. Possible for immediate occupancy with cash-for-keys on the iconic Abbot Kinney Blvd, where modern luxury meets coastal charm. Currently a 2-bedroom, 2-bathroom gem offers 1,283 sqft of meticulously upgraded living space. Every inch of this home was reimagined in 2023, featuring a brand-new kitchen, completely renovated bathrooms, an additional bathroom, new landscaping, exterior enhancements, updated electrical and plumbing systems, a new HVAC, and anew roof. The inviting interior boasts a stylish decorative fireplace, providing a cozy focal point for the living area. Outside, the property includes not only a backyard but also a 60 ft front yard and three private, coveted parking spaces. Also ideal for future developers, this property includes formally approved RTI plans for an impressive modern 3-story duplex or triplex live/work potential. The design build promises 6,470 sqft of luxury living, with 5 bedrooms, 6.5 bathrooms, and an attached 1,200 sqft ADU. The ADU plan features 1 bedroom, 2 bathrooms, an office, and its own separate address. Situated close to Abbot Kinney's shops and renowned restaurants, this property offers diversity to own, live/work, or develop a multi-family residence in the center of Venice's vibrant lifestyle. Don't miss out on this exceptional property! The property is tenant-occupied until 3/1/27 at market rent, and could be open to cash for keys.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Dryer
Exterior
Parking Features Driveway, None, Off Site
Building
Story 1
Entry Level One
Architectural Style Craftsman
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4237020030
Special Listing Condition Standard
Listed by Timothy Di Prizito Christie's International Real Estate SoCal
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