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
Baths0.0 Sq 2,055

Monthly Estimate*

$ 22,318

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Studio

Multi-Family Home for sale in Venice, CA

for $3,195,000. This 2,055 square foot home was built in 1922 on a lot size of 0.11.

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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.11

Year Built

1922

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024374997

Features
General
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Zoning LARD1.5
Year Built 1922
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
Association Amenities Gas
HOA / Comm Assn No
Status Active
City Venice
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Square Feet 4802.0
Street Name Vernon
Property Condition Updated/Remodeled
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Avenue
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Parking Space
Water Source None
Lot Size Area 4802.0
Spa Yes
Building Area Total 2055.0
Lot Size Acres 0.11
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Frankie Levangie

Listing Agent

Coldwell Banker Realty

Broker

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
793437 Elementary School
793428 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 0.11. 718 Vernon Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 90291 which is in Venice, CA