$4,849,000
$346K PRICE DROP

1722 Abbot Kinney Blvd Venice, CA 90291

Venice Neighborhood

Estimated payment $27,888/month

Total Views 3,230
10 Beds
12 Baths
4,685 Sq Ft
$1,035 Price per Sq Ft

Highlights

  • Fireplace in Bathroom
  • 6 Car Garage
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Bungalow
  • 2-minute walk to Centennial Park

About This Home

Rare Investment & Development Opportunity on Venice's Iconic Abbot Kinney Blvd. A truly one-of-a-kind opportunity to own a prime real estate on GQ magazines "the coolest block in America". This exceptional offering consists of three separate adjoining parcels (1722, 1724, 1726 Abbot Kinney) totaling over 9,000 square feet of land, featuring 12 units across three buildings (four units per building). This charming Venice compound includes 10 (1) bedroom/(1) bath units and 2 bachelors, all designed in a bungalow-style layout with beautiful adjoining courtyards. The property embodies the best of Venice living offering a serene and private atmosphere while being walking distance from the Venice Canals and Venice Beach, steps from the area's top dining (Felix, Gjelina, Great White, Scopa), Erewhon, Abbot Kinney's "First Fridays", bars, the local Farmer's Market and entertainment. With six one-car garages and four additional open parking spaces, this property provides rare and ample parking for residents and guests alike. Even more compelling, the property is zoned LAC2 (Commercial Retail), unlocking massive long-term upside for future development in this A+ location. All three parcels are being sold together as a package, but will be transferred separately by parcel. Whether you're an investor looking for strong rental income, a developer seeking prime real estate, or an owner-user envisioning the possibilities, this is an unparalleled chance to secure a trophy asset in the heart of Venice.

Listing Agent

Tyler Kunkle

Pardee Properties License #01965642 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,066

Year Built

  • Built in 1941

Parking

  • 6 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 4,685 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 12 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • 9,003 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4228-001-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,066

Year Built

Built in 1941

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4685
  • Lot Acreage: 0.0689
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Bath, Dining, Living Room, Gas, Kitchen
  • Bedrooms: 10
  • Laundry Equipment: Own
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 1035.01

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 4
  • Covered Parking: 6
  • Parking Garage: Garage Is Detached, Driveway
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 8.14
  • Assessed Improvement Value: 106959
  • Assessed Land Percent: 91.86
  • Assessed Land Value: 1207831
  • Total Assessed Value: 1314790
  • Assessor Parcel Number: 4228-001-012
  • Lot Size Area: 9003

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.39
  • Number Of Units: 12
  • Total Annual Expense: 90400
  • Type Of Units: attached
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $16,066 $1,341,085 $1,231,987 $109,098
2024 $16,066 $1,314,790 $1,207,831 $106,959
2023 $15,757 $1,289,011 $1,184,149 $104,862
2022 $15,024 $1,263,737 $1,160,931 $102,806
2021 $14,840 $1,238,959 $1,138,168 $100,791
2019 $14,395 $1,202,632 $1,104,410 $98,222
2018 $14,318 $1,179,060 $1,082,755 $96,305
2016 $18,091 $1,501,524 $999,290 $502,234
2015 $17,825 $1,478,970 $984,280 $494,690
2014 $17,897 $84,953 $45,776 $39,177
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $4,849,000 -6.7% $1,035 / Sq Ft
03/31/2025 03/31/25 For Sale $5,195,000 -- $1,109 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- --
Gift Deed -- --
Source: Public Records

Source: The MLS

MLS Number: 25513113

The MLS

APN: 4228-001-012