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$1,995,000

Beds
4
sq ft
1,914

580 Venice Blvd, Venice, CA 90291

580 Venice Blvd

Venice, CA 90291

  • 696 days on market
    • Price drop $100,000↓
This corner building is a duplex, 2 bedroom and one bath units, and a one room store, with a bathroom, in the back. WILL BE DELIVERED VACANT. The Prime location duplex is on the highly visible intersection of Venice Blvd. and Abbot Kinney Blvd. The gateway to Venice Beach, Abbot Kinney dining and Marina Del Rey. It can be sold with the adjacent 1702 Abbot Kinney, $1,695,000 (MLS# 23-234541), owned by the same seller. Both Zoned LAC2, creating great options for developers/investors. DO NOT DISTURBE TENANTS AND/OR WALK ON THE PROPERTY. SOLD IN STRICTLY 'AS IS' CONDITION. SELLER SELECTS SERVICES.

Details

Property type

Lot size

3,907 sq ft

Price per sq ft

$1,043

Year built

1954

HOA

No

Price History

12/05/2024
CLAW

CLAW #23234251

Price change
$1,995,000
-4.77%
09/05/2024
CLAW

CLAW #23234251

Price change
$2,095,000
-12.71%
08/21/2024
CLAW

CLAW #23234251

Price change
$2,400,000
-4%

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

Hma Development Inc

Loan start date

March 2006

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Commercial

Seller

Nac1031 Exchange Services

Lender

Bay Area Financial Corp

Loan start date

March 2006

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

6.24%

Loan type

Commercial

Seller

Nac1031 Exchange Services

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: 12/22/2024 at 8:05 AM

Listing updated: 12/05/2024 at 2:45 AM

Listed by: Ron Wolotzky, Rodeo Realty Phone #: (310) 724-7100

MLS: CLAW #23234251

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