1321-1325 Abbot Kinney Blvd - Freestanding FOR SALE


Venice, CA 90291
$12,500,000 USD
310-874-6920
1321-1325 Abbot Kinney Blvd, Venice, CA for Sale
$12,500,000 USD
Freestanding - FOR SALE
1/46
null | Request Cap Rate

NEW


1321-1325 Abbot Kinney Blvd
Venice, CA 90291


HIGHLIGHTS

  • 80 feet of Abbot Kinney frontage
  • Delivered vacant
  • Prime retail in front with private residence in the rear
  • Private entrance from Abbot Kinney and from rear alley

OVERVIEW

Few addresses in Los Angeles carry the cultural cachet of Abbot Kinney Boulevard, and fewer still offer the rare combination of scale, flexibility, and character found at 1321 & 1325. Situated on a coveted block of the street, this double-lot mixed-use property presents 80 feet of frontage and a truly unique collection of buildings — a canvas for the discerning investor or owner-user. The front of the property features an approximately 1,882 square foot retail building ideally positioned to capture the boulevard's celebrated foot traffic. Behind it, a beautifully landscaped garden and a fully renovated 2-bedroom, 2- bathroom house of approximately 1,398 square feet create a private residential retreat that feels worlds away from the boulevard out front. The garden and house share no connection to the retail space, giving each use a distinct identity and allowing the two to function entirely independently. A separate storage and laundry building of approximately 283 square feet completes the rear of the property. The property is accessible via a front gate off Abbot Kinney or a private electric gate from the rear alley and will be delivered vacant — leaving the next owner free to reimagine it entirely. Double lots with this frontage, on this block, on this street, do not come to market often.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$3,508 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Principessa Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,708 SF

ZONING

C2

APN/PARCEL ID

4239-027-007,4239-027-008

ASK ABOUT THIS PROPERTY

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310-874-6920

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310-874-6920

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