$1,817,800
$1,850,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
4,856 Sqft Lot
SOLD DATE : 03/23/2022
Key Details
Sold Price $1,817,800
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21101376
Sold Date 03/23/22
HOA Y/N No
Year Built 1949
Lot Size 4,856 Sqft
Property Description
We are proud to present for sale this very rare triplex opportunity in the heart of Venice, CA, located at 2339 Abbot Kinney Blvd, just 0.75 miles from the Venice Beach, and just steps from local shops, restaurants, and entertainment that the world famous Abbot Kinney Blvd has to offer.This 3-unit, 1,792 SqFt multifamily building sits on a 4,858 SqFt lot, and it has a good unit mix of (2) 1-Bed / 1-Bath units and (1) 2- Bed / 1-Bath unit. This property is perfect for an investor who wants to capitalize on the upside potential in rental income and the historically strong appreciation of this Venice market. It is also perfect for an owner occupy buyer who wants to live in one of the units and collect rent on the other two. Furthermore, this property's zoning also offers an investor the potential for future redevelopment of 4 units/ condos, with a maximum envelope of 8,561 SqFt.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 3
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 4229012008
Special Listing Condition Standard
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Bought with Filip Niculete Marcus & Millichap
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Managing Broker, JD | Lic# DRE# 01065018/02178736