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Duplex at 2405 Abbot Kinney
$1,999,999
2405 Abbot Kinney
Los Angeles, Los Angeles, 90291
Duplex · 2 units
Active · 19 days on market

Deal numbers

Est. cap rate
2.1%
Assumed rent, all units
$6,980/mo
Units
2
Price per unit
$1,000,000
Est. annual NOI
$41,880
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$79,572
Operating expenses
$39,786
Net operating income
$39,786
Annual debt service
$119,754
Annual cash flow
-$79,968
Cash on cash return
-16.0%
Down payment
$500,000

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
2
Building size
1,512 sqft
Lot size
3,631 sqft
Year built
1960
Stories
2
Garage spaces
2
Heating
Forced Air
Cooling
None
Pool
None
View
None
Status
Active
Days on market
19
MLS #
245307359

About this property

Welcome to **2405 Abbot Kinney Blvd**, an exceptional Venice duplex offering the perfect blend of coastal living, income potential, and an unbeatable location on the world-famous Abbot Kinney Boulevard. This unique property features a spacious **3-bedroom, 2-bathroom main residence** along with a **separate upstairs studio**, creating endless opportunities for an owner-occupant, investor, or those seeking a flexible live/work lifestyle. Behind a secure gated entrance, lush mature landscaping and a private front courtyard provide a warm welcome and set the tone for the peaceful retreat that awaits inside. The light-filled main home showcases a comfortable living room with a cozy fireplace, recessed lighting, hardwood and tile flooring, and an inviting layout designed for everyday living and entertaining. Step outside to discover an incredible private backyard oasis complete with a relaxing spa, built-in projector theater system, and multiple outdoor entertaining spaces perfect for enjoying Southern California's year-round climate. The detached upstairs studio is accessed from the rear patio, offering excellent privacy for guests, tenants, or a home office. Parking is plentiful with a **2-car garage**, an oversized driveway accommodating **two additional vehicles**, and convenient rear access from **Marr Street**. The garage also presents exciting **ADU potential** (buyer to verify), adding even more value and future possibilities. The fully fenced lot extends from Abbot Kinney Boulevard to Marr Street, providing exceptional privacy, security, and accessibility. Whether you're looking to live in one unit while generating rental income, capitalize on Venice's strong short-term or long-term rental demand, or add a premier investment property to your portfolio, **2405 Abbot Kinney Blvd** presents a rare opportunity in one of Los Angeles' most sought-after neighborhoods. Just moments from award-winning restaurants, boutique shopping, art galleries, the beach, and everything that makes Venice one of the most desirable destinations in Southern California, this property truly offers the best of location, lifestyle, and investment potential.

Location

2405 Abbot Kinney

Los Angeles, Los Angeles, CA, 90291

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2405 Abbot Kinney, Los Angeles CA | Multifamily for Sale