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1706 Abbot Kinney Blvd, Venice, CA 90291
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1706 Abbot Kinney Blvd Venice, CA 90291

$1,875,000
  • 3 Beds
  • 2 Baths
  • 2,842 Sq.Ft.
For Sale
$1,875,000 Get Pre-Qualified
Map preview of 1706 Abbot Kinney Blvd, Venice, CA 90291

Property Overview: 1706 Abbot Kinney Blvd Venice, CA has 3 bedrooms, 2 bathrooms, 2,842 living square feet and 3,001 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: HUGE REDUCTION! Once in a generation opportunity to purchase three buildings on contiguous parcels in the prime, highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. Zoned LAC2 creating great options for developers/investors. One tenant occupies the bottom floor of this duplex and is on a month to month. The upper unit is vacant. The adjacent buildings are the 580 Venice Blvd. on about 3,907 sf lot, APN 4228-001-004, MLS# 23-234251 offered at $2,500,000 and 1702 Abbot Kinney Blvd. on about 3,000 sf lot, APN 4228-001-005, MLS#23-234541. Offered at $1,875,000. ALL 3 LOTS TOTAL FOR $6,250,000, BASED ON APPROXIMATLEY $625 PER SQ. FT. LAND VALUE. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.

Listed by Ron Wolotzky | BRE #01771815 | Rodeo Realty
Last checked: 13 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 448
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Home details

Lot Sq. Ft
3,001
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23234553
City
Venice
County
Los Angeles
Time on Site
449 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $12,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1706 Abbot Kinney Blvd

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Property Details for 1706 Abbot Kinney Blvd

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 4228001006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South west corner of Venice Blvd and Abbot Kinney Blvd. West of Lincoln.
View more facts & features

Local Venice Agent

Sale History for 1706 Abbot Kinney Blvd

Last sold on December 3rd, 2012

  • January, 2023

  • Jan 23, 2023

    Date

    Active

    CRMLS: 23234553

    $2,950,000

    Price

  • October, 2021

  • Oct 6, 2021

    Date

    Price Change

    CRMLS: 21731212

    $3,800,000

    Price

  • Aug 26, 2021

    Date

    Price Change

    CRMLS: 21731212

    $3,700,000

    Price

  • Jun 15, 2021

    Date

    Price Change

    CRMLS: 21731212

    $3,900,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: 21731212

    $4,500,000

    Price

  • Listing provided courtesy of CRMLS

    Attention developers! ONE MILLION DOLLAR REDUCTION-Once in a lifetime opportunity to purchase three contiguous parcels in the prime intersection of Venice Blvd. and Abbot Kinney Blvd for $11,500,000! Includes the following: 580 Venice Blvd. ( a 3,907 sf lot/APN 4228-001-004, MLS# 21-73148) 1702 Abbot Kinney Blvd. (on about 3,000 sf lot/APN 4228-001-005 MLS# 21-731210) and 1706 Abbot Kinney Blvd. (on about 3,001 sf lot/APN 4228-001-006 MLS#21-731212.) Tenants are on month to month. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES, AND NO TAKING PHOTOS, VIDEOS OR ANY IMAGES OF PROPERTIES AS IT IS LIMITED TO THOSE PERSONS PREPARING APPRIAISAL OR INSPECTION REPORTS ONLY. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.

  • December, 2012

  • Dec 3, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2011

  • Oct 11, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,150,011

    Price

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Tax History for 1706 Abbot Kinney Blvd

Assessed Value (2020): $1,722,750
Year Land Value Improved Value Assessed Value
2020 $1,148,501 $574,249 $1,722,750

Home Value Compared to the Market

This property vs the competition

1706 Abbot Kinney Blvd is listed 27.86% lower than the median list price for the city of Venice which has a median list price of $2,599,000. The median price per/sqft for Venice is $1,264 and this home is listed at $659.75 per/sqft which puts the price per square foot 47.8% lower than the median price per square foot for the city of Venice.

About 1706 Abbot Kinney Blvd

Detailed summary of property

1706 Abbot Kinney Blvd is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 3 bedrooms, 2 bathrooms, roughly 2,842 living square feet, and sits on an approximately 3,001 square foot lot. 1706 Abbot Kinney Blvd was first listed on ArdentRealEstateGroup.com on January 26, 2023. The homeowner is currently asking $1,875,000 and was originally asking $2,950,000. The median priced home in Venice is $2,599,000 with a median price per square foot of $1,264. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 27.86% lower than the median priced home. Local competing homes currently for sale include 3640 Jasmine Ave, 9501 National Blvd and 1263 Devon Ave. While the average home in Venice, CA is selling in 106 days, 1706 Abbot Kinney Blvd has a days on market of 448 days. There are currently 141 homes for sale in the Venice real estate market and 127 of them are single family homes while 10 of them are condos and 4 are townhomes. For more information on this home for sale at 1706 Abbot Kinney Blvd Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 1706 Abbot Kinney Blvd

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
3,008
Lot Size
3,001
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
4228-001-006

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,650,000
Median List Price/Sq.Ft.
$1,289
Median Sold Price
$2,302,000
Median Sold Price/Sq.Ft.
$1,423
Total Inventory
137
Median Sale to List Price %
92.26%
Avg Days on Market
77
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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