1043 Abbot Kinney Blvd - Storefront Retail/Office FOR SALE


Venice, CA 90291
$8,643,000 USD
310-469-9012
1043 Abbot Kinney Blvd, Venice, CA for Sale
$8,643,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 6% Cap Rate

1043 Abbot Kinney Blvd
Venice, CA 90291


OVERVIEW

1043 Abbot Kinney Boulevard presents an exceptional opportunity to acquire a fully leased retail asset in one of Los Angeles’ most coveted lifestyle destinations. The property features a 4,431 SF two-story building situated on a 3,426 SF lot, offering 40 feet of prime frontage along Abbot Kinney Boulevard. Currently 100% leased to Albion Garden, a café and cosmetics retailer, the property provides stable, long-term income with a lease in place through June 30, 2028. The existing lease structure delivers predictable cash flow with scheduled rent escalations and a triple-net (NNN) arrangement, minimizing landlord responsibilities. This investment offers a 6% in-place cap rate, making it an attractive option for private investors and 1031 exchange buyers seeking security and embedded upside in a high-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$8,643,000 USD

PRICE/SF

$1,951 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

LAC2

APN/PARCEL ID

4239-021-019

ASK ABOUT THIS PROPERTY

Jake ZacutoZacuto GroupMore Info
310-469-9012

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Jake ZacutoZacuto GroupMore Info
310-469-9012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.