HUGE REDUCTION! Once in a generation opportunity to purchase three buildings on contiguous parcels in the prime, highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. Zoned LAC2 creating great options for developers/investors. One tenant occupies the bottom floor of this duplex and is on a month to month. The upper unit is vacant. The adjacent buildings are the 580 Venice Blvd. on about 3,907 sf lot, APN 4228-001-004, MLS# 23-234251 offered at $2,500,000 and 1702 Abbot Kinney Blvd. on about 3,000 sf lot, APN 4228-001-005, MLS#23-234541. Offered at $1,875,000. ALL 3 LOTS TOTAL FOR $6,250,000, BASED ON APPROXIMATLEY $625 PER SQ. FT. LAND VALUE. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 04/28/2024 @ 16:36
MLS: 23234553
LISTED BY: Ron Wolotzky, Rodeo Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
