Abbot Kinney Residences is prominently situated at the intersection of two of Los Angeles' most sought-after retail corridors — Venice's Abbot Kinney Boulevard and Santa Monica's Main Street — two blocks from the beach. Formerly the home of the iconic World's Gym, the 0.68-acre site is located in one of the highest barrier-to-entry markets in the country. Venice Beach welcomes approximately 10 million visitors annually. The market benefits from a broad mix of demand generators: destination retail and restaurants, proximity to major tech offices (Snapchat, Google, Riot Games, YouTube, and more), and some of LA's most affluent residents. The seller has completed construction of the subterranean parking garage. Originally designed to accommodate a larger mixed-use program assembled across multiple sites, the garage was built at scale — and this project inherits that prime, fully built infrastructure. The subterranean parking garage structure is complete at core and shell — needing only stacker units to be operational — delivering tangible value in a neighborhood chronically underserved by public parking. Standalone operation as a public garage may require a change of use approval, which a buyer should vet with land use counsel.