The Market
Abbot Kinney was famously dubbed “The Coolest Block in America,” and Summer 2026 has not dulled it: the boulevard still pulls a high-spend mix of local creatives, tourists, and weekend day-trippers. Recent neighborhood arrivals — RVR, Barrique, Market, La Isla Bonita — have re-energized the strip’s independent dining identity.
The Space
Two-level corridor property at the center of Abbot Kinney, two blocks from the shoreline. Upper level offers a complete kitchen with three flexible rooms and bath; ground floor is a white-box brand gallery flowing into a private sunlit courtyard. Configurable as a single turnkey hospitality footprint or split into restaurant + retail activation.
Numbers At A Glance
| Metric | Detail |
|---|---|
| Prior tenant | Themed plant-based cafe concept — Yelp listed CLOSED |
| Time off active F&B use | Multi-year window — room repositioned through flex hospitality activations |
| Mid-line PSF (AK comp) | ~$47.40/SF/yr base, NNN add-on typical |
| Median monthly retail rent (AK) | ~$30,000 / mo on six-month flex deals |
| Last comparable trade on AK | $4M–$6M+ range, recent cycles |
Openings & Closures Nearby
New on AK: Truly Pizza (1239 AK, ~4,655 SF, 130 seats); BADMAASH (1616 AK, 3rd LA outpost); Emma Chamberlain Coffee. Pipeline: Venice Place 78-room hotel project at the boulevard’s northern end.
What Could Open Here
- Coastal Mediterranean small-plates + natural wine
- Japanese listening bar / vinyl + omakase counter
- Modern Levantine brunch & dinner with courtyard
- Chef-driven seafood “shack” — Venice/Baja crossover
Local chatter consistently asks for “quieter, chef-led rooms” on AK. 2026 trend pieces also flag “casual bar steaks” and music-forward dining as Westside-friendly formats.