718 Vernon Ave Active Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,055 sqft
Price per Sqft $1,362
MLS Listing ID 24-436235
Bedrooms 4
Construction Status Updated/Remodeled
Year Built 1922
Lot Size 4,802 Sqft
Acres 0.1102
Property Description
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.
Location
State CA
County Los Angeles
Area Venice
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Flooring Cement
Fireplaces Type Gas
Equipment Dishwasher, Ceiling Fan, Gas Dryer Hookup, Garbage Disposal, Dryer, Washer, Refrigerator, Range/Oven
Laundry Laundry Area
Exterior
Parking Features Parking Space
Garage Spaces 1.0
Waterfront Description None
View Y/N No
View None
Building
Water Public
Level or Stories Ground Level
Structure Type Hard Coat
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard