Active
718 Vernon Ave
Venice CA, 90291
$2,799,999
$1,362.53 per sqft
Active
4 Beds
5 Baths
2,055 sqft
Multi-family
Built in 1922
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. One of the standout features is the fully assumable loan of nearly $1.3M at an incredible 3.25% interest rate, providing unparalleled value in today's market. 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 (with WFH office or 3rd bedroom) 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.
24-436235
MLSⓇ ID
September 5, 2024
Listed
October 22, 2024
Updated
Map
718 Vernon Ave
Venice CA, 90291
Interior Features
Total Stories
0
Bedrooms
4
Total Bathrooms
5
Appliances
Dishwasher, Ceiling Fan, Gas Dryer Hookup, Garbage Disposal, Dryer, Washer, Refrigerator, Range/Oven
Laundry Description
Laundry Area
Floor Description
Cement
Fireplace
Yes
Fireplace Description
Gas
Cooling
Yes
Cooling Description
Ceiling Fan
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.11 Acres
Other Property Details
Area Name
Venice
Days on Market
46
Garage
No
Parking
Parking Space
Parking Total
1
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
---|---|---|
10/18/2024 | Price change | $2,799,999 -4% |
Open House Schedule
Sun, Oct 27th
1:00 PM - 3:00 PM PDT
Listed by Frankie Levangie with Coldwell Banker Realty
Listing Contact: 310-717-0993
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/22/2024