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 $2.93/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.
Property Details
Property Features
Property Information:
Year Built: 1959
Stories: 2
Living Area: 11,180 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 24
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.32 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Prestigious area of Venice
Price Information
Listing Price Info
Price Summary:
List Price: $7,850,000
Price Per SqFt: $702/SqFt
Tax Information:
Annual Amount: $72,846
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $6.8M more than the Median Sold Price and $62/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24424311
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 13, 2016
Jul 13, 2016Home Sold
$5,650,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$72,846
$6,061,191
2020
$70,669
$5,995,825
2019
$70,322
$5,878,260
2018
$68,755
$5,763,000
2017
$68,755
$5,650,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Coeur d'Alene Avenue School
810 Coeur D Alene Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-5
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school0.76 miles
Public District Grades KG-5
5
/10
Westminster Avenue Elementary
1010 Abbot Kinney Blvd
Distance between this listing and this school1.05 miles
Public District Grades KG-5
Nearby Schools
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school0.87 miles
Public District Grades 6-8
5
/10
Westside Global Awareness Magnet
104 Anchorage St
Distance between this listing and this school0.90 miles
Public Magnet Grades KG-8
7
/10
Ocean Charter
12606 Culver Blvd
Distance between this listing and this school1.56 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school0.74 miles
Public Charter Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school0.82 miles
Public District Grades 9-12
2
/10
Phoenix Continuation
12971 Zanja St
Distance between this listing and this school0.96 miles
The neighbors living near this home have an average income of $74,246. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2700 Abbot Kinney Blvd
What is the listing price of this property?
The listing price of 2700 Abbot Kinney Blvd property is $7,850,000.
What type of property is this?
The property 2700 Abbot Kinney Blvd is a house located in Venice, California, 90291.
Is this property for sale now?
Active Listing: 2700 Abbot Kinney Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $72,846 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 13, 2016 for $5,650,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2700 Abbot Kinney Blvd has 24 bedrooms and 15 bathrooms.
What is the square footage of this property?
The property 2700 Abbot Kinney Blvd is 11,180 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2700 Abbot Kinney Blvd is 1959.
Interested in 2700 Abbot Kinney Blvd? Let's connect.
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This home is located at 2700 Abbot Kinney Blvd in Venice, CA and zip code 90291 in the Venice neighborhood. This 11,180 square foot home, which was built in 1959, sits on a 0.32 acre lot. Features: 24 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $7,850,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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