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1106 Abbot Kinney Blvd, Venice (los Angeles), CA, 90291
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Commercial sold for $7,500,000 in 103 days

1106 Abbot Kinney Blvd Venice (los Angeles), CA, 90291

Off the market Comm Ind For Sale

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Trophy Retail Property located in the hippest neighborhood on "The Best Shopping Street in America" per Vogue Magazine. Owner / User or Investment opportunity. First time on market in 50 years, sold "As-Is". Original 1923 single-story, stand-alone building, approx. 3,054 sq. ft., with 2 Retail Units, 1108 and 1108-C. Space for approx. 5 parking spots in rear. Lot size shows 4,050 sq. ft. per Assessor and Title Co. Building includes a partial mezzanine. 1108 has 1 full restroom in rear, 1108-C has 1 full restroom upstairs and a half bath downstairs. Building has 2.5 bathrooms total. Bazar, a 25-year Tenant, has a lease which terminates on 05/31/24 and currently pays under market at $14k a mo. The Pleasing, currently in 1108 is a Harry Styles owned Company and a "Pop-Up" store, with a lease terminating 02/29/24, paying $38k per mo. Property to be delivered vacant at COE. Immediate Retail neighbors include Rag & Bone, Away, Lulu Lemon, Vuori, Doc Martens, Le Labo Fragrances, an Estee Lauder Co., Blue Star Coffee, The Butchers Daughter, etc. This is an opportunity to own a piece of cultural history in a highly desirable, iconic, upscale area, with a very high walk score, near the ocean, seeped in a rich, bohemian tradition of art, music, creativity, shopping and dining. Carpe diem!
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Property details

3,054 sqft interior area
Land area
4,050 sqft (0.09 acres)
Address
1106 Abbot Kinney Blvd, Venice (los Angeles), CA, 90291
City of California
Venice (los Angeles)
County
Los Angeles
Year Built
1923
Parking Spaces
5
District
Listing

Nearby major retailers

Costco
Whole Foods Market
Trader Joe's
T-Mobile
Gucci
Toyota
Wholesale: 2
Supermarket: 13
Mobile phone: 10
Clothes: 1
Car: 2
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Interior Features

5 parking places
Roof
Composition

Listed by

Lee Laplante, Coldwell Banker Realty
Name
Lee Laplante
License number
01225083
Brokerage company
Coldwell Banker Realty
MLS #
CL24352389

Buyer agent

Name
Subscriber Non
Brokerage company
Non-Participant Office

Payment calculator

Calculate your monthly payments
Mortgage
$23,027
Taxes
$0
HOA dues
$0
$23,027 per month
Mortgage
$1,500,000 / 20%
2.28%
30 years
Your amount $23,027 / month

Exterior Features

Stucco, Wood Siding construction and more
Construction
Stucco, Wood Siding

Lot details

TMK #4238003004
Parcel nr.
4238003004

90291 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90291

38%
Families with children
National average: 39%
60%
Non family households
239,722
Population
$139,948
Average Income

Age & gender

Median age 38 years
More info

Commute types

73% commute by car
More info

Education level

37% have bachelor education
More info

Number of employees

3% work in management
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for

$1.92m
Neighborhood average
sales price*
$1.71m
Neighborhood median
sales price*
490
Number
of sales*

Housing type

28% are apartments
More info

Rooms

38% of the houses have 4 or 5 rooms
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Bedrooms

54% have 2 or 3 bedrooms
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Owners vs Renters

69% are renters
More info
18 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold May 8, 2024
Date Event Price $/sqft Source
May 8, 2024 Sold $7,500,000 0 Public Record
May 8, 2024 Price Decrease $7,500,000 -25% 0 MLS #CL24352389
Apr 23, 2024 Pending $10,000,000 0 MLS #CL24352389
Feb 19, 2024 Under contract $10,000,000 0 MLS #CL24352389
Jan 27, 2024 New Listing $10,000,000 0 MLS #CL24352389

Taxes of 1106 Abbot Kinney Blvd, Venice (los Angeles), CA, 90291

LAC2 zoning / MLS #CL24352389
Zoning
LAC2

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Frequently Asked Questions about 1106 Abbot Kinney Blvd

What is 1106 Abbot Kinney Blvd?

1106 Abbot Kinney Blvd is a Commercial/Industrial propertywith 3,054 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1106 Abbot Kinney Blvd, Venice (los Angeles), CA, 90291.

What comparable properties are nearby?

Comparable nearby commercial properties include 1426 Main St, 19 Wavecrest Ave, 315 Vernon Ave, 3000 Grand Canal, 11755 National Blvd, 4980 S Centinela Ave.

Based on information from the bridgeMLS as of 05-19-2024. 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.

Listing last updated on: May 08, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are Erewhon, 0.49 miles away and Whole Foods Market, 0.67 miles away.
The 90291 zip area has a population of 239,722, and 38% of the families have children. The median age is 38.71 years and 73% commute by car. The most popular housing type is "apartment" and 69% is renter.
Commercial Sold $7.5m 1106 Abbot Kinney Blvd, Venice (los Angeles), CA, 90291 Save House Remove from Saved