Sold
Closed
1106 1108 Abbot Kinney Boulevard
Venice CA, 90291
$7,500,000
$2,455.80 per sqft
Sold
Closed
3,054 sqft
Commercial
Built in 1923
Listed by Lee LaPlante with Coldwell Banker Realty 310-383-3341
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!
24352389
MLSⓇ ID
January 27, 2024
Listed
February 12, 2025
Updated
Interior Features
Total Stories
5
Laundry Description
None
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.09 Acres
Lot Features
Near Public Transit
Roof
Flat, Rolled/Hot Mop
Other Property Details
Area Name
C11 - Venice
Days on Market
20
Garage
No
Parking Total
5
View
No
County
Los Angeles
Zoning
LAC2
Listing History
Date | Event | Price |
---|---|---|
5/8/2024 | Sold | $7,500,000 |
4/23/2024 | Pending | — |
2/19/2024 | Under contract | — |
Listing Contact: 310-457-6550
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Data last updated on 2/12/2025 at 5:34 PM UTC