Sean Namigohar Of Marcus & Millichap Buys Multifamily Property In Venice For $2.52M

2415 Abbot Kinney Boulevard in Venice, a multifamily property, has been sold for $2,520,000. This property consists of a large duplex with a total of 2 units, spanning 3,208 square feet and priced at $786 per square foot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,520,000
• Address: 2415 Abbot Kinney Boulevard
• Market: Venice
• Units: 2
• Price per Unit: $1,260,000
• Square Footage: 3,208
• Price per Square Foot: $786

Sean Namigohar from Marcus & Millichap and Amerigo Furlan from IF Realty were the key representatives in this transaction. Sean Namigohar represented the buyer, while Amerigo Furlan represented the seller. This sale showcases a lucrative opportunity for high rental income, particularly from the remodeled downstairs unit, currently rented via Airbnb, making it an attractive investment in the bustling Venice neighborhood.