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$1,975,000

Beds
Unknown
sq ft
1,792

2339 Abbot Kinney Blvd, Venice, CA 90291

2339 Abbot Kinney Blvd

Venice, CA 90291

  • 1145 days on market
    • Price drop $20,000↓
Incredible opportunity for a rare income property in the heart of coveted Venice. Located on iconic Abbot Kinney Boulevard, this coastal gem is just steps from local shops, restaurants, entertainment, and the beach. This enchanting triplex features bright units which include: 2 bed & 1 bath, 1 bed & 1 bath, and 1 bed & 1 bath. The serene property is enveloped by lush landscaping and boasts multiple outdoor living spaces throughout. With endless potential this compound is perfect for owner/investor, development, income, or more!

Details

Property type

Est. home value

$1,766,569

Lot size

4,859 sq ft

Price per sq ft

$1,103

Year built

1949

Price History

07/09/2021
CLAW

CLAW #21723950

Listed
$1,975,000
+12.86%
12/16/2019
CLAW

CLAW #19489538

Sold
$1,750,000

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$393,094
Asking price
$1,975,000
Closing costs (~8% of asking)
-$158,000
Est. remaining loan balance
-$1,423,906
Cash to seller
$393,094

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vista Point Mortgage Llc

Loan start date

January 2022

Original loan amount

$1,500,000

Est. remaining balance

$1,423,906

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Hima Rezai

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?

Status: Active

Tomo last checked: 07/01/2024 at 11:25 AM

Listing updated: 02/16/2024 at 10:14 AM

Listed by: Sally Forster Jones, Compass Phone #: (310) 230-5478

MLS: CLAW #21723950

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