facebook
Traded Co logo
Submit a Deal

Amir Araghi Acquires Multifamily Property On Abbot Kinney Blvd In Venice For $1.8M

2339 Abbot Kinney Boulevard
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $1,817,800 about 2 years ago. The brokers of the deal were Arash Memary, Glen Scher, and Filip (Fil) Niculete

Located at 2339 Abbot Kinney Blvd in Venice, this multifamily property was recently sold in a closed transaction. The property consists of three units and spans a total of 1,792 square feet. The sale price for this property was $1,817,800, resulting in a price per unit of $605,933 and a price per square foot of $1,014. The transaction took place on March 25, 2022.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,817,800
  • Units: 3
  • Price Per Unit: $605,933
  • Square Footage: 1,792
  • Price Per Square Foot: $1,014
  • Address: 2339 Abbot Kinney Blvd.
  • Market: Venice

The buyer of this property was Amir Araghi, and the seller was David Sun. The transaction was facilitated by Filip Niculete, Glen Scher, and Arash Memary from the LAAA Team at Marcus & Millichap. The brokers involved in this deal represented their respective clients to ensure a successful transaction.

Additional details provided by the broker include the property's characteristics and potential for redevelopment. Built in 1921, the property is zoned LAR3 and has a total land area of 4,859 square feet. It also has a high walk score of 89 and a bike score of 95, making it a desirable location. As part of the redevelopment potential, the garage can be converted into an accessory dwelling unit (ADU).

View Related

Deals
  • Location
    2339 Abbot Kinney Boulevard, Venice, California 90291, United States2339 Abbot Kinney Boulevard, Venice, California 90291, United States
  • Sale Price
    $1,817,800$1,817,800
    $1,014 PPSF$1,014 PPSF
  • Area
    1,792 SF1,792 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Glen Scher

Glen Scher

Deals161
Sold$624.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

SALE IMAGE: Glen Scher, Filip Niculete, Arash Memary & Amir Araghi DATE: 03/25/2022 ADDRESS: 2339 Abbot Kinney Blvd. MARKET: Venice ASSET TYPE: Multifamily BUYER: Amir Araghi SELLER: David Sun BROKERS: Filip Niculete (@FNiculete), Glen Scher (@ScherGlen) & Arash Memary (@ArashY) (LAAA Team) (@LAAATeam) - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $1,817,800 UNITS: 3 ~ PPU: $605,933 SF: 1,792 ~ PPSF: $1,014 NOTE FROM BROKER: 3 Units. Venice. Abbot Kinney Blvd Built in 1921 85% LTV Bridge Financing Zoned LAR3 - 4,859 SqFt Redevelopment Potential Converting Garage to ADU 89 Walk Score. 95 Bike Score

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

2339 Abbot Kinney Boulevard

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits