Venice, CA 90291 718 Vernon Avenue

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Presented By: Frankie Levangie with Coldwell Banker Realty;
  • MLS# 24374997
  • 04/08/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 5
  • FootageSQFT • 2,055

Home Details

Experience the true essence of Venice Beach living with this exceptional Triplex (delivered vacant & furnished). Its alluring features, including private hot tubs, a serene communal garden, and a prime location, culminate in a coastal haven that harmoniously blends lifestyle and income. Whether you're an investor seeking a profitable venture or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be overlooked. This Triplex is a turn-key long or short term rental, ensuring it's ready for seamless occupancy and an immediate revenue stream (will be delivered vacant). Boasting two separate structures, each finely furnished with custom-built furniture, this property features three units that are fully equipped with a 2bed +3bath main owners unit & (2) 1+1 rental units with an oasis of comfort, style, and convenience. This magical outdoor haven features a custom 100ft long pergola adorned with a graceful canopy and an enchanting communal garden area. As an income-generating gem, this Triplex has the potential to yield an impressive monthly income or perfect for family & friends compound. The thriving rental market in Venice Beach and the property's alluring features and prime location make this investment worthwhile.
Presented By: Frankie Levangie with Coldwell Banker Realty;

Interior Features for 718 Vernon Avenue

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesGas
Fireplace Y/NYes
Heating Y/NYes
Street SuffixAvenue
Total Stories

General for 718 Vernon Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityVenice
CountyLos Angeles
Days on Market27
Directions718 Vernon Ave is between 7th Avenue and Lincoln Blvd, West of Lincoln Blvd.
Garage Y/NNo
Gross Income180000.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet4802.0
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Patio/Porch FeaturesPorch
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameVernon
Total Units3
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1922
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 718 Vernon Avenue

Building Area Total2055.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1102
Lot Size Area4802.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesOneSpace
SpaYes
Total Parking1.0

Additional Details

Price History

1527188455

First Team Client Services

Price $3,195,000
MLS#24374997
List Date 04/08/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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