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1041-1043 Abbot Kinney Boulevard 2 Properties Offered at $23,374,799 CAD in Venice, CA
Investment Highlights
- Double-asset portfolio on Abbot Kinney Boulevard, one of Los Angeles’ most recognized retail corridors.
- Oversized lot with development and repositioning opportunities for long-term value creation.
- Surrounded by top-tier national retailers and acclaimed dining establishments in a vibrant Venice market.
- Immediate income from a fully leased property with under-market rent and future upside potential.
- Exceptional visibility with 120 feet of combined street frontage in a high-traffic retail destination.
- Located in a premier Westside submarket with strong tenant demand and limited supply.
Executive Summary
This offering presents a rare opportunity to acquire two complementary commercial assets on the iconic Abbot Kinney Boulevard, one of Los Angeles’ most desirable retail corridors. The portfolio includes a fully leased, income-producing property with under-market rent providing stable cash flow, paired with a second building on an oversized lot offering significant value-add potential through leasing, repositioning, or redevelopment. The combined assets deliver immediate in-place income and long-term upside in a premier Venice location. With 120 feet of combined frontage and proximity to nationally recognized retailers and dining destinations, these properties offer exceptional visibility and brand exposure. Investors benefit from a 6% in-place cap rate, strong tenant demand, and a high barrier to entry in the Westside submarket. This is an ideal acquisition for private investors, 1031 exchange buyers, or those seeking flagship retail opportunities in a market that attracts over 16 million annual visitors.
Property Facts
| Price | $23,374,799 CAD | Number of Properties | 2 |
| Price / SF | $3,553 CAD / SF | Individually For Sale | 2 |
| Cap Rate | 6% | Total Building Size | 6,579 SF |
| Sale Type | Investment | Total Land Area | 0.27 AC |
| Status | Active |
| Price | $23,374,799 CAD |
| Price / SF | $3,553 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 6,579 SF |
| Total Land Area | 0.27 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1041 Abbot Kinney Blvd, Venice, CA 90291 | Office | 2,148 SF | 1967 | $11,628,963 CAD |
| 1043 Abbot Kinney Rd, Venice, CA 90291 | Retail | 4,431 SF | 1921 | $11,745,837 CAD |
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1041-1043 Abbot Kinney Boulevard
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