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Listing Details

Status
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School Ratings & Info

Description

Built in 1958, this garden-style 20-unit apartment complex consists of two structures, totaling 11,888 square feet of improvements and sits on a 13,555 square foot lot, zonedLAC2. There is a very attractive unit mix of one (1) studio/one-bath, one (1) Junior one-bedroom/one-bath and eighteen (18) two-bedroom/one-bath units. There is currently nine (9) vacant units. The property has been tastefully upgraded with13/20 units completely gutted and remodeled, copper pipes, new landscaping, exterior lighting, facade and concrete driveway. The seller has also completed the required seismic retrofitting. There are 6 parking spaces, secured entry and on-site laundry.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/117388727
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2727 Abbot Kinney Boulevard Venice, CA 90291

  • Price: $8,750,000
  • Status: Active
  • Updated: 75 min ago
  • ID#: 21734058
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1958
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Built in 1958, this garden-style 20-unit apartment complex consists of two structures, totaling 11,888 square feet of improvements and sits on a 13,555 square foot lot, zonedLAC2. There is a very attractive unit mix of one (1) studio/one-bath, one (1) Junior one-bedroom/one-bath and eighteen (18) two-bedroom/one-bath units. There is currently nine (9) vacant units. The property has been tastefully upgraded with13/20 units completely gutted and remodeled, copper pipes, new landscaping, exterior lighting, facade and concrete driveway. The seller has also completed the required seismic retrofitting. There are 6 parking spaces, secured entry and on-site laundry.
Exterior Features

Carport YN Yes Parking Features Carport

Interior Features

Flooring Laminate Interior Features Ceiling Fan(S)

Property Features

Community Features Gated Gross Income 597133 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 365889 Property Condition Updated/Remodeled Security Features Gated CommunityResident Manager Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lac2

Listing provided courtesy of Richard Ringer of Richard J. Ringer Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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