tomo logo

$5,450,000

Beds
1
Baths
1.5
sq ft
1,680

1423 Abbot Kinney Blvd, Venice, CA 90291

1423 Abbot Kinney Blvd

Venice, CA 90291

  • 344 days on market
Nestled above a delightful storefront lies a spacious loft apartment, a seamless marriage of practicality and warmth. The entrance is through a classic glass and wood door, flanked by expansive plate glass windows and an additional, smaller window that hints at a former second entrance, now repurposed. Stepping inside leads you to a generous open space adorned with polished concrete floors and towering ceilings that house both recessed and spotlight fixtures. Tucked away at the rear is a compact storage space accompanied by a washroom outfitted with a basin and lavatory. Further into the store, on the right side, another glass doorway unveils a broad, manicured pathway lined with dual grand metal gates that usher onto the vibrant Abbot Kinney Boulevard. This pathway culminates at a wooden barrier, featuring a rolling door that reveals an extensive, pebble-strewn courtyard embraced by lush trees, bamboo, and strategically placed boulders, creating an idyllic setting for corporate events or social celebrations. Adjacent to this serene oasis is a modest wooden fence connected to a rolling and pedestrian gate, leading to a communal parking area. An iron staircase winds up to the loft-style dwelling, greeted by a glass and wood entrance. Inside, the apartment boasts wooden flooring and high ceilings with recessed lights, framing the view of the enchanting, pebbled courtyard through two generous windows. Upon entry, to the right, a comprehensive kitchen beckons, complete with stone countertops, a stove, oven, recessed dishwasher, and a full-sized refrigerator that blends seamlessly with the cabinetry, complemented by a concealed laundry nook. The interior flows from a cozy living space into a sleeping area, graced with dual windows that offer a gaze onto Abbot Kinney. Completing the apartment is an elegantly tiled shower room, equipped with a basin and toilet. Work and live in style among some of the trendiest shopping and superb restaurants in Venice.

Details

Property type

Single Family Residence

Est. home value

$3,334,367

Lot size

2,623 sq ft

Price per sq ft

$3,245

Year built

1964

HOA

No

Price History

05/23/2024
CLAW

CLAW #23339427

Price change
$5,450,000
+11.34%
05/17/2024
CLAW

CLAW #23339427

Price change
$4,895,000
-6.76%
04/01/2024
CLAW

CLAW #23339427

Price change
$5,250,000
-11.76%

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bay Area Financial Corp

Loan start date

November 2002

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Commercial

Seller

Michelle M Kikuchi Stark

Lender

First Capital

Loan start date

September 2002

Original loan amount

$555,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Commercial, 30 year

Seller

Michelle M Kikuchi Stark

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 9:45 PM

Listing updated: 09/30/2024 at 12:01 PM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #23339427

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