Venice, CA 90291 1106 1108 Abbot Kinney Boulevard

Sold: May 08, 2024
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Presented By: Lee LaPlante with Coldwell Banker Realty;
  • MLS# 24352389
  • 01/28/2024
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  • FootageSQFT • 3,054

Home Details

Trophy Retail Property located in the hippest neighborhood on "The Best Shopping Street in America" per Vogue Magazine. Owner / User or Investment opportunity. First time on market in 50 years, sold "As-Is". Original 1923 single-story, stand-alone building, approx. 3,054 sq. ft., with 2 Retail Units, 1108 and 1108-C. Space for approx. 5 parking spots in rear. Lot size shows 4,050 sq. ft. per Assessor and Title Co. Building includes a partial mezzanine. 1108 has 1 full restroom in rear, 1108-C has 1 full restroom upstairs and a half bath downstairs. Building has 2.5 bathrooms total. Bazar, a 25-year Tenant, has a lease which terminates on 05/31/24 and currently pays under market at $14k a mo. The Pleasing, currently in 1108 is a Harry Styles owned Company and a "Pop-Up" store, with a lease terminating 02/29/24, paying $38k per mo. Property to be delivered vacant at COE. Immediate Retail neighbors include Rag & Bone, Away, Lulu Lemon, Vuori, Doc Martens, Le Labo Fragrances, an Estee Lauder Co., Blue Star Coffee, The Butchers Daughter, etc. This is an opportunity to own a piece of cultural history in a highly desirable, iconic, upscale area, with a very high walk score, near the ocean, seeped in a rich, bohemian tradition of art, music, creativity, shopping and dining. Carpe diem!
Presented By: Lee LaPlante with Coldwell Banker Realty;

General for 1106 1108 Abbot Kinney Boulevard

Additional Parcels Y/NNo
Attached Garage No
Business NameBazar & Pleasing
Business TypeRetail
Buyer FinancingCash
Carport Y/NNo
CityVenice
Close Price7500000.0
Construction MaterialsStucco, WoodSiding
CountyLos Angeles
Days on Market20
DirectionsMain Street to Abbot Kinney Blvd. to address.
DisclosuresTrustConservatorship
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet4050.0
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces5.0
Private PoolNo
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, RolledHotMop
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Street NameAbbot Kinney
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1923
ZoningLAC2

Interior for 1106 1108 Abbot Kinney Boulevard

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Entry Level1
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixBoulevard
Total Baths0
Total Stories5

Exterior for 1106 1108 Abbot Kinney Boulevard

Building Area Total3054.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.093
Lot Size Area4050.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking5.0

Additional Details

Price History

1527188455

First Team Client Services

Price $10,000,000
MLS#24352389
List Date 01/28/2024
Property Type Commercial
Phone 714.964.3311
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