tomo logo

$1,999,999

Beds
2
Baths
2.0
sq ft
1,283

2616 Abbot Kinney Blvd, Venice, CA 90291

2616 Abbot Kinney Blvd

Venice, CA 90291

  • 104 days on market
Welcome to this exquisitely remodeled bungalow on the iconic Abbot Kinney Blvd, where modern luxury meets coastal charm. This 2-bedroom, 2-bathroom gem offers 1,283 sqft of meticulously upgraded living space. Every inch of this home was reimagined in 2023, featuring a brand-new kitchen, completely renovated bathrooms, an additional bathroom, new landscaping, exterior enhancements, updated electrical and plumbing systems, a new HVAC, and a new roof. The inviting interior boasts a stylish decorative fireplace, providing a cozy focal point for the living area. Outside, the property includes not only a backyard but also a 60 ft front yard and three private, coveted parking spaces. Also ideal for investors and developers, this property includes RTI plans for an impressive modern 3-story home. The future build promises 6,470 sqft of luxury living, with 5 bedrooms, 6.5 bathrooms, and an attached 1,200 sqft ADU. The ADU features 1 bedroom, 2 bathrooms, an office, and its own separate address. Situated close to Abbot Kinney's shops and renowned restaurants, this property offers diversity to own, live/work, or develop a multi-family residence in the center of Venice's vibrant lifestyle. Don't miss out on this exceptional property!

Details

Property type

Single Family Residence

Est. home value

$1,826,080

Property condition

Updated/Remodeled

Lot size

4,593 sq ft

Price per sq ft

$1,559

Year built

1914

HOA

No

Price History

10/22/2024
CLAW

CLAW #24425483

Price change
$1,999,999
+0.05%
10/17/2024
CLAW

CLAW #24425483

Price change
$1,999,000
-9.14%
08/09/2024
CLAW

CLAW #24425483

Listed
$2,200,000
+69.23%

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

Sg Capital Partners Of California Llc

Loan start date

November 2019

Original loan amount

$980,800

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional

Seller

Jack Abramov and Dorit Abramov

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 9:50 PM

Listing updated: 10/29/2024 at 9:20 PM

Listed by: Timothy Di Prizito, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #24425483

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