2818 Abbot Kinney Blvd - Apartments FOR SALE
Venice, CA 90291 |
2818 Abbot Kinney Blvd
Venice, CA 90291
HIGHLIGHTS
- Once in a lifetime 100% Vacant & Updated 3 Units + preliminary plans for 1 ADU on the World-Famous Abbot Kinney Blvd
- Amazing Cash flow at a 5% Cap Rate and 14.4 GRM once leased up in Prime Venice Location with additional ADU upside
- Live/Work/Develop Value add opportunity with a huge upside
- Large 3,000 SF Lot C2-1 zoned Lot that may allow flexibility of commercial and residential uses.
- Perfect owner-user opportunity as well as short term rental potential to maximize income
- Excellent location just steps away from all the fine Shopping and Dining on Abbot Kinney Blvd and The Beach.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Huge Reduction! 100% Vacant 3 Units + 1 ADU
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
1600
STORIES
1
YEAR BUILT
1954
PARKING SPACES
4
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
4237-025-035
