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2818 Abbot Kinney Blvd, Venice, CA, 90291

$1,550,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Baths
1,600 SqFt
$969/SqFt
House
Schools Nearby

Location

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2818 Abbot Kinney Blvd, Los Angeles$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Driveway, Garage, Private
Year Built1954
CoolingNone
FireplaceNone
MLS #24382897
Lot Size0.07 Acres
StatusActive

About 2818 Abbot Kinney Blvd

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!

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Samantha Kinnon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Wood
  • Interior: Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Door-Multi, Driveway, Garage, Private

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Coeur D'Alene Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North of Washington Blvd, South of Venice Blvd, West of Lincoln - on Abbot Kinney!

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $969/SqFt

Tax Information:

  • Annual Amount: $3,895
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2818 Abbot Kinney Blvd vs Los Angeles

1 DAY ON ROCKET

-33 Days

$1,550,000

+$563.5K More

$969/SqFt

+$337 More

KEY TAKEAWAY

This property is $563.5K more than the Median Sold Price and $337/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24382897

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Samantha Kinnon

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,895$304,304
2020$3,784$301,184
2019$3,721$295,279
2018$3,645$289,490
2017$3,645$283,815

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4465799
8
/10
  • Coeur D'Alene Avenue Elementary School

  • 810 Coeur D Alene Ave

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-4465800
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.01 miles

  • Public Magnet Grades KG-6

school-card-donut-4465801
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.44 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4465802
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 0.94 miles

  • Public Magnet Grades 6-8

school-card-donut-4465803
4
/10
  • Studio

  • 2211 W Avenue 30

  • 14.73 miles

  • Public District Grades 6-8

High School

school-card-donut-4465804
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 0.70 miles

  • Public Magnet Grades 9-12

school-card-donut-4465805
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 14.18 miles

  • Public Magnet Grades 9-12

school-card-donut-4465806
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.28 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,246. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2818 Abbot Kinney Blvd

What is the listing price of this property?

The listing price of 2818 Abbot Kinney Blvd property is $1,550,000.

What type of property is this?

The property 2818 Abbot Kinney Blvd is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 2818 Abbot Kinney Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2818 Abbot Kinney Blvd are:
Coeur D'Alene Avenue Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,895 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2818 Abbot Kinney Blvd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2818 Abbot Kinney Blvd is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2818 Abbot Kinney Blvd is 1954.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles902912818 Abbot Kinney Blvd

This home is located at 2818 Abbot Kinney Blvd in Venice, CA and zip code 90291 in the Venice neighborhood. This 1,600 square foot home, which was built in 1954, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,550,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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