718 Vernon Avenue Venice, CA $ 3,195,000
718 Vernon Avenue
$ 3,195,000
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718 Vernon Avenue

Venice, CA, 90291
$ 3,195,000
Bedrooms4 Baths5.0 Sq 2,055

Monthly Estimate*

$ 22,318

Listed by Coldwell Banker Realty
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Multi-Family Home for sale in Venice, CA

for $3,195,000 with 4 bedrooms and 5 full baths. This 2,055 square foot home was built in 1922 on a lot size of 0.1102.

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.

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Multi-Family Active

Price

$ 3,195,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1102

Year Built

1922

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

24374997

Days on Market

23

Features
General
Interior Features CeilingFans
Heating WallFurnace
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning LARD1.5
Patio/Porch Features Porch
Year Built 1922
View None
Gross Income 180000.0
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 718 Vernon Ave is between 7th Avenue and Lincoln Blvd West of Lincoln Blvd.
City Venice
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area C11 - Venice
Lot Size Square Feet 4802.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Vernon
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 21
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features OneSpace
Total Parking 1.0
Lot Size Area 4802.0
Number of Buildings 2
Spa Y
Building Area Total 2055.0
Lot Size Acres 0.1102
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features Gas
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 5
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Internal Only
Street Number 1 718
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* Excluded Features
List By
Coldwell Banker Realty

Broker

(310) 717-0993

Phone

Affordability Calculator

$22,318
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,318
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$3,195,000 Listed Price

Map


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718 Vernon Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $3,195,000 with 2,055 sqft and a lot size of 0.1102. 718 Vernon Avenue has 4 bedrooms, 5.0 baths, and was built in 1922. The property's zip code is 90291 which is in Venice, CA