2616 Abbot Kinney Blvd

Attention Venice and Abbot Kinney lovers/business owners.

Incredible investment and income-producing live/work bungalow with immediate income over apx. 4.% cap rate, with a one-year remaining tenant. Possible for immediate occupancy with cash-for-keys on the iconic Abbot Kinney Blvd, where modern luxury meets coastal charm. Currently, a 2-bedroom, 2-bathroom gem offers 1,283 sqft of meticulously upgraded living space. Every inch of this home was reimagined in 2023, featuring a brand-new kitchen, completely renovated bathrooms, an additional bathroom, new landscaping, exterior enhancements, updated electrical and plumbing systems, a new HVAC, and a new roof. The inviting interior boasts a stylish decorative fireplace, providing a cozy focal point for the living area. Outside, the property includes not only a backyard but also a 60 ft front yard and three private, coveted parking spaces. Also ideal for future developers, this property includes formally approved RTI plans for an impressive modern 3-story duplex or triplex live/work potential. The design build promises 6,470 sqft of luxury living, with 5 bedrooms, 6.5 bathrooms, and an attached 1,200 sqft ADU. The ADU plan features 1 bedroom, 2 bathrooms, an office, and its own separate address. Situated close to Abbot Kinney's shops and renowned restaurants, this property offers diversity to own, live/work, or develop a multi-family residence in the center of Venice's vibrant lifestyle. Don't miss out on this exceptional property! The property is tenant-occupied until 3/1/27 at market rent, and could be open to cash for keys.

This home located at 2616 Abbot Kinney Blvd is currently active and has been available on pardeeproperties.com for 19 days. This property is listed at $1,799,000. It has 2 beds and 2 bathrooms. The property was built in 1914. 2616 Abbot Kinney Blvd is in the Venice community of Los Angeles County.

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