580 Venice Boulevard, Venice

$2,500,000

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2 Beds
2 Baths
1,914 Sqft
.09 Acre
0 Garage

HUGE PRICE REDUCTION! Once in a generation opportunity to purchase one to 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. This corner building is a duplex with a store in the back. Both tenants are on month to month. One tenant occupies both of the two 2+1 units, and one tenant has the one room store, with a bathroom, in the back. The adjacent buildings are the 1702 Abbot Kinney Blvd. on about 3,000 sf lot, APN 4228-001-005, MLS# 23-234541 and 1706 Abbot Kinney Blvd. on about 3,001 sf lot, APN 4228-001-006, MLS#23-234553. Both are offered at $1,875,000 EACH. ALL 3 LOTS ARE AVAILABLE FOR A TOTAL OF $6,250,000 BASED ON LAND VALUE OF APPROXIMATLEY $625 PER SQ.FT. DO NOT DISTURBE TENANTS AND/OR WALK ON ANY OF THOSE PROPERTIES. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.

Essential Information

MLS® #
23234251
Price
$2,500,000
Bedrooms
2
Bathrooms
2.00
Square Footage
1,914
Acres
0.09
Year Built
1954
Type
Residential Income
Status
Active

Community Information

Address
580 Venice Boulevard
Area
C11 - Venice
City
Venice
County
Los Angeles
Zip Code
90291
Senior Community
N

Amenities

Parking Spaces
5
Parking
Uncovered
Garages
Uncovered

Interior

# of Stories
1

Additional Information

Date Listed
January 24th, 2023
Days on Market
474
Zoning
LAC2

Listing Details

Agent
Ron Wolotzky
Office
Rodeo Realty
Property History
Price Reduced from $3,120,000 to $2,500,000
Price Reduced from $3,711,650 to $3,120,000
Price Reduced from $3,950,000 to $3,711,650

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Ron Wolotzky - Rodeo Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 12th, 2024 at 6:55pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.