901 Abbot Kinney BlvdLos Angeles, CA 90291

Property Details for 901 Abbot Kinney Blvd

Year built

1912

Construction

TILT-UP CONCRETE

Lot size

0.54 AC

Property size (Sq ft)

12,725 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

4286-012-043

APU

4286012043

Description

This exceptional commercial property, located at 901 Abbot Kinney Boulevard in the highly sought-after Venice neighborhood of Los Angeles, California (zip code 90291), presents a rare opportunity. Situated on the iconic Abbot Kinney Boulevard, this property offers unparalleled visibility and access to a vibrant mix of high-end restaurants, boutiques, and other businesses. The property consists of a one and two-story building totaling 14,275 square feet. Currently, there is limited space available for both sale and lease. Specifically, Suites A, B, and C, encompassing a combined 9,471 square feet, are immediately available. These suites include two private patios, adding significant outdoor space. Additionally, Suite D will become available on December 31, 2013. The property is categorized as both office and land, with multiple tenancies. While the total building square footage is not currently specified, the available suites represent a significant portion of the overall space. This property is ideal for businesses seeking a prestigious address in one of Los Angeles' most desirable areas. The property's location offers exceptional walkability to a wide array of amenities, making it an attractive option for both employees and clients. This is a unique opportunity to secure a presence on Abbot Kinney Boulevard.

• CAP approach

  CAP return

  Valuation

  6%

  $2,939,854

  6.5%

  $2,713,711

  7%

  $2,519,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,419,786

  Geo Method

  $2,419,786

• Alternative Use

  Use

  Valuation

  Residential

  $3,365,002

  Hospitality

  $3,082,323

  Educational

  $2,564,457

  Medical

  $2,652,652

  Retail

  $3,989,155

Location Insight

City

Venice

County

Los Angeles

State

California

Latitude

33.9926

Longitude

-118.473

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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