2818 Abbot Kinney Blvd Venice, CA 90291

Single Family Detached MLS #: 24-382921 Courtesy Of Pardee Properties

$1,550,000

3 beds | 3 baths | 1,600 sq ft
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Estimated monthly payments: $6,776/mo.* (recalculate)

Property InformationDescription

Huge 145k Price Reduction! One of the best values in Venice has arrived. Welcome to this dreamy, completely renovated duplex that is charming and offers immense opportunities on Abbot Kinney in the heart of Venice Beach! This modern and reimagined income property is ready for both owner-users and investors with two renovated vacant units. This is the perfect property to lease and park your cash in this one-of-a-kind investment, with a projected 4.4% Cap Rate and 15.7 GRM once leased. Endless ways to utilize this property; the moment you receive the keys rent both units at market rates, or perfect for an owner user who wants a pied a-terre, expand and develop, or live in one and rent the other for passive income!! This quintessential property could not be in a better location. With some of Los Angeles' best restaurants, coffee shops, and boutiques at your doorstep, you are a quick stroll to the beach and the Venice Canals! // About This Home: As you enter the charming gate, you are welcomed by a private, serene aesthetic surrounded by lush landscaping that creates an ultra-private oasis. Consisting of two (2) units, you will be wowed at how much space is offered and how functional the floorplans are in each unit. The front 1 Bdrm/1 Bath unit is perfectly designed, with tranquil views of the front yard, and is infused with natural light. Every space has been thought of and is relaxing and cozy. The back 2 Bdrm/2 Bath unit is very warm and inviting, with a sunny living area, and flows into a dining room and kitchen. Your primary retreat has a nice-sized closet space with an ensuite bathroom, and the second bedroom is fabulous as a home office or guest space. An attached nicely sized garage, with more parking in the exterior drive. This additional space allows you to expand the living space while keeping parking intact. Utilize this space for parking and storage, or make this a den/hangout area, media room, game room, home gym, or creative haven! // We Love: All the upside potential here! Ready for your investment portfolio now or have yourself a great income-producing property in one of the best locations on the Westside. // The Neighborhood: With some of Los Angeles's best restaurants, coffee shops, and shopping at your doorstep, everything you could want or need is here. Ride your bike to the beach, or stroll to the Venice Canals. This is SoCal living at its finest. This rare gem will not last long! Perfect Live/Work/Rent/Development/Airbnb Opportunity on the world-famous Abbot Kinney Blvd in the heart of Venice on a C2 zoned lot, which may also be used for short-term rentals/office/retail. There are preliminary plans for a potential attached ADU in the garage for future upside -- available upon request!
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Bungalow
  • Floor Covering: Hardwood
  • Heating Fuel: Electric
  • Lot Size: 0.07 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Dining Room, Full Bath, Living Room, Patio

MAP & DIRECTIONS

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2818 Abbot Kinney Blvd, Venice, CA 90291
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School Information

2818 Abbot Kinney Blvd, Venice, CA 90291

Elementary School
Grades KG-5 | Public School
COEUR D'ALENE AVENUE SCHOOL
Venice, CA 90291
810 Coeur D Alene Ave
310.­821.7813
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
23:1
Total Students
513
Middle School
Grades 6-8 | Public School
MARK TWAIN MIDDLE SCHOOL
Los Angeles, CA 90066
2224 Walgrove Ave
310.­305.3100
Distance: 0.8 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
874
High School
Grades 9-12 | Public School
VENICE HIGH SCHOOL
Los Angeles, CA 90066
13000 Venice Blvd
310.­577.4200
Distance: 0.7 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
2047
Other Nearby Schools Distance Type Grades School Rating
St Mark Elementary School 0.2 mi Private PK-8
Acton Academy Venice Beach 0.5 mi Private 1-12
Animo Venice Charter High School 0.8 mi Public 9-12 B
Broadway Elementary School 0.8 mi Public KG-5 A
Phoenix Continuation 0.9 mi Public 9-12 D
Westside Global Awareness Magnet 1.0 mi Public KG-8 C+
Beethoven Street Elementary School 1.1 mi Public KG-5 C+
Ecole Claire Fontaine 1.1 mi Private KG
Short Avenue Elementary 1.1 mi Public KG-6 B+
Westminster Avenue Elementary 1.2 mi Public KG-5 C
Walgrove Avenue Elementary 1.2 mi Public KG-5 D+
Ocean Charter 1.5 mi Public KG-8 B+
James J. Mcbride Special Education Center 1.5 mi Public 6-12
Grand View Boulevard Elementary School 1.6 mi Public KG-5 C+
Westview School 1.7 mi Private 5-12
Marina Del Rey School 1.8 mi Public 6-8 D
Olympic High (continuation) 1.9 mi Public 9-12 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Venice, CA 90291

Median Age: 39.2
Married: 30%
Number of Households: 13,668
Households with Children: 15.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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