580 Venice Boulevard Venice, CA ^$ 2,500,000

580 Venice Boulevard

^$ 2,500,000

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580 Venice Boulevard

Venice, CA, 90291

^$ 2,500,000

Studio Baths0.0 Sq 1,914

Monthly Estimate*

^$ 17,463

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Studio

Multi-Family Home for sale in Venice, CA

for $2,500,000. This 1,914 square foot home was built in 1954 on a lot size of 0.09.

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.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.09

Year Built

1954

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0023234251

Features

General

Zoning LAC2

Year Built 1954

Levels One

County Los Angeles

Net Operating Income 0.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Venice

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 3907.0

Street Name Venice

Virtual Tour https://www.tourfactory.com/idxr3052112

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered

Lot Size Area 3907.0

Building Area Total 1914.0

Lot Size Acres 0.09

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Ron Wolotzky

Listing Agent

Rodeo Realty

Broker

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$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,933,070

Percent of Sale Price 17%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2023	$2,500,000	-19.87%	Price Down
4/5/2023	$3,120,000	-15.94%	Price Down
2/22/2023	$3,711,650	-6.03%	Price Down
1/26/2023	$3,950,000		Listed Price

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580 Venice Boulevard, Venice, CA, 90291 is a Multi-Family Home for sale at $2,500,000 with 1,914 sqft and a lot size of 0.09. 580 Venice Boulevard is a studio with 0.0 baths and was built in 1954. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/2/2024. 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. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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580 Venice Boulevard

Multi-Family Home for sale in Venice, CA

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