NOT LISTED FOR SALE

2411 Abbot Kinney Blvd Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,882,000 - $3,626,000

5 Beds
4 Baths
2,830 Sq Ft
$898/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2023

Last sale price $1,600,000 $565 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $15,331 / mo

20 Days on Market

Highlights

  • Views of Trees
  • Open Floorplan
  • Traditional Architecture
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Living Room with Fireplace
  • 1-minute walk to Triangle Park

About This Home

As of March 2023

ONE OF THE BEST DEALS IN VENICE HAS ARRIVED - AN INCREDIBLE OPPORTUNITY ON ABBOT KINNEY - THIS WILL NOT LAST LONG! Welcome to this dreamy duplex with a vacant unit on one of the most vibrant streets in Venice! This charming income property is ready to go with one vacant unit that is perfect for an owner/user or to lease at market rate!! Incredibly spacious at over 2,800+ sqft, this property presents an immaculately well-maintained duplex, that 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 -- 3 Bdrm/2 Baths + 2 Bdrm/2 Baths, you will be wowed at how much space is offered, and how functional the floorplans are in each unit. The bottom unit encompasses gleaming hardwood floors, a cozy gas fireplace, a beautifully updated kitchen w/ formica counters, vinyl flooring, and plenty of cabinetry. Two spacious bedrooms, one with an ensuite bathroom, and great closet space - this unit is completely move-in ready! Move to the upstairs unit, which truly lives as the perfect owner's unit (currently tenant-occupied). Bring your creative vision to this space, which has a wonderful floor plan, incredible soaring ceilings that infuse the space with natural light, a floor-to-ceiling brick facade, wood burning fireplace, and an oversized patio deck off the living room. Three sunny bedrooms finish out the space - there is tons of potential, here. Renovate, and update this unit to utilize its full potential. //You'll Love: Not only is each unit uber spacious, but each home has its own washer/dryer and dishwasher in the unit. The top unit has a private 2-car tandem parking garage. The bottom unit also has a private 2-car tandem garage, with the part that was utilized as storage but could be changed back - and additional spaces in the driveway. Private exterior spaces are also available for both units. //We Love: All the upside potential here. Ready for your investment portfolio now or bring the upstairs unit to its full potential and you will have yourself a great income-producing property in one of the best locations on the Westside. //The Neighborhood: Central to all that Venice has to offer, you are walkable to some of the best dining, shopping, and more on Abbot Kinney. This rare gem will not last long! ** Upstairs unit will not be delivered vacant** **OFFER DEADLINE, TUESDAY FEB 7TH @ 12:00PM**

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 01/27/2023

Co-Listed By

Samantha Kinnon

Pardee Properties License #01858397

Last Buyer's Agent

Brian Griffin

Compass License #01736172

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,683 Sq Ft Lot
  • Lot Dimensions are 30x123
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Tandem Parking
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Views of Trees

Kitchen

  • Open to Family Room
  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4229-012-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

3,683 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2830
  • Lot Acreage: 0.0845
  • Lot Dimensions: 30x123
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floor Plan, Living Room Balcony, Tandem, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Appliances: Built-Ins, Oven, Range, Free Standing Gas
  • Bedrooms: 5
  • Bedroom Features: Master Bedroom
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Open to Family Room
  • Laundry: Inside, In Unit, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Washer, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Hood Fan, Ceiling Fan
  • Price Per S Q F T: 591.87

Exterior Features

  • Other Features: Balcony, Sliding Glass Doors, High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Tandem, Private Garage, Garage - 2 Car, Garage, Driveway
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4229-012-015
  • Lot Description: Fenced, Fenced Yard, Front Yard, Yard, Landscaped
  • Lot Location: Alley Access
  • Lot Size Area: 3683

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 21, 2023
Sold by
Bought by
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Brian Griffin
Compass
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Views
141
Current Estimated Value
$2,542,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,557
Avg. Annual Appreciation
14.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 Fidelity Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $1,600,000 -4.5% $565 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $1,675,000 -- $592 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,140 $1,664,640 $1,352,520 $312,120
2024 $19,898 $1,632,000 $1,326,000 $306,000
2023 $6,448 $517,734 $155,309 $362,425
2022 $6,154 $507,583 $152,264 $355,319
2021 $6,061 $497,631 $149,279 $348,352
2019 $5,880 $482,873 $144,852 $338,021
2018 $5,812 $473,406 $142,012 $331,394
2016 $5,531 $455,026 $136,499 $318,527
2015 $5,450 $448,192 $134,449 $313,743
2014 $5,478 $439,414 $131,816 $307,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-235999

The MLS

APN: 4229-012-015

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