$4,850,000
SOLD DEC 12, 2025

2700 Abbot Kinney Blvd Venice, CA 90291

Venice Neighborhood
24 Beds
15 Baths
11,180 Sq Ft
14,074 Sq Ft Lot

Recently Sold

$434 Per Sq Ft

38% Below List Price

449 Days on Market

About This Home

As of December 2025

MASSIVE PRICE IMPROVEMENT! 13.39 GIM AND 4.75 CAP! INCREDIBLE PRICING FOR ABBOT KINNEY! We are pleased to offer for sale an incredible multifamily asset at 2700 Abbot Kinney Blvd. in the heart of LA's famed beach city of Venice. Originally built in 1959, the building boasts an incredibly rare unit mix consisting of 1 and 2 bedroom units. Each of these units are spacious and have a terrific floor plan. The property is situated on a large corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.86/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to the Venice Boardwalk and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A walker's paradise, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 08/06/2024

Last Buyer's Agent

Allen Sarlo

Estate Properties License #00635905

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot

Interior Spaces

  • 11,180 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 15 Bathrooms

Parking

  • 15 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 4237-021-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 11180
  • Lot Acreage: 0.3231
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 446.78

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 15

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 29.20
  • Assessed Improvement Value: 1840605
  • Assessed Land Percent: 70.8
  • Assessed Land Value: 4462075
  • Total Assessed Value: 6302680
  • Assessor Parcel Number: 4237-021-005
  • Lot Size Area: 14073

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.39
  • Number Of Units: 15
  • Rent Control: 100
  • Type Of Units: 2s,1s
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2026 03/04/26 Off Market $2,695 -- --
12/12/2025 12/12/25 Sold $4,850,000 -2.9% $434 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
07/28/2025 07/28/25 Price Changed $4,995,000 0.0% $447 / Sq Ft
04/29/2025 04/29/25 For Rent $2,695 0.0% --
04/04/2025 04/04/25 Off Market $2,695 -- --
02/04/2025 02/04/25 Price Changed $5,650,000 -19.2% $505 / Sq Ft
12/04/2024 12/04/24 Price Changed $6,995,000 0.0% $626 / Sq Ft
10/03/2024 10/03/24 Price Changed $2,695 0.0% $4 / Sq Ft
08/06/2024 08/06/24 For Sale $7,850,000 0.0% $702 / Sq Ft
07/18/2024 07/18/24 Price Changed $2,245 -22.5% $3 / Sq Ft
01/19/2024 01/19/24 Price Changed $2,895 -3.3% $4 / Sq Ft
12/22/2023 12/22/23 For Rent $2,995 0.0% --
11/22/2023 11/22/23 Price Changed $2,995 -3.2% $4 / Sq Ft
08/25/2023 08/25/23 For Rent $3,095 0.0% --
09/12/2022 09/12/22 For Rent $3,095 0.0% --
07/13/2016 07/13/16 Sold $5,650,000 +2.7% $505 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $5,500,000 -- $492 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $78,873 $6,557,307 $4,642,342 $1,914,965
2024 $78,873 $6,428,733 $4,551,316 $1,877,417
2023 $77,346 $6,302,680 $4,462,075 $1,840,605
2022 $73,758 $6,179,099 $4,374,584 $1,804,515
2021 $72,846 $6,057,941 $4,288,808 $1,769,133
2019 $70,669 $5,881,510 $4,161,600 $1,719,910
2018 $70,322 $5,766,250 $4,080,000 $1,686,250
2016 $22,531 $1,791,317 $1,157,226 $634,091
2015 $22,214 $1,764,411 $1,139,844 $624,567
2014 $22,375 $1,729,850 $1,117,517 $612,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-424311

The MLS
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