$1,790,000
712 Vernon Avenue Venice, CA 90291
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$1,790,000
Est. payment /mo
4 Beds
3 Baths
5,402 Sqft Lot
UPDATED:
10/07/2024 11:15 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24207225
Bedrooms 4
HOA Y/N No
Lot Size 5,402 Sqft
Property Description
The triplex at 712-716 Vernon Ave welcomes investors and developers alike. Two breezy bungalows are partitioned on this long 5402 sf (45X120) lot, zoned RD1.5. The Vernon Ave-facing bungalow consists of two leased units of 1 bd / 1ba at approximately 442 living sf each: ($2500/mo each). The back bungalow of 2 bd / 1ba ($3400/mo) with its private gated entry from Vernon Ct (back alley) features a rustic lumber deck, off-street parking, and outdoor living space. New roofs were recently installed on both structures. Complementing the property's income production, walking vicinity of Venice's coastal scenery, Rose Ave, Abbot Kinney, trendy coffee shops, small boutiques, restaurants, and grocery marts (Whole Foods & Ralphs). The robust rental market and enticing features at this prime locale make 712-716 Vernon a worthwhile investment.
The triplex at 712-716 Vernon Ave welcomes investors and developers alike. Two breezy bungalows are partitioned on this long 5402 sf (45X120) lot, zoned RD1.5. The Vernon Ave-facing bungalow consists of two leased units of 1 bd / 1ba at approximately 442 living sf each: ($2500/mo each). The back bungalow of 2 bd / 1ba ($3400/mo) with its private gated entry from Vernon Ct (back alley) features a rustic lumber deck, off-street parking, and outdoor living space. New roofs were recently installed on both structures. Complementing the property's income production, walking vicinity of Venice's coastal scenery, Rose Ave, Abbot Kinney, trendy coffee shops, small boutiques, restaurants, and grocery marts (Whole Foods & Ralphs). The robust rental market and enticing features at this prime locale make 712-716 Vernon a worthwhile investment.
The triplex at 712-716 Vernon Ave welcomes investors and developers alike. Two breezy bungalows are partitioned on this long 5402 sf (45X120) lot, zoned RD1.5. The Vernon Ave-facing bungalow consists of two leased units of 1 bd / 1ba at approximately 442 living sf each: ($2500/mo each). The back bungalow of 2 bd / 1ba ($3400/mo) with its private gated entry from Vernon Ct (back alley) features a rustic lumber deck, off-street parking, and outdoor living space. New roofs were recently installed on both structures. Complementing the property's income production, walking vicinity of Venice's coastal scenery, Rose Ave, Abbot Kinney, trendy coffee shops, small boutiques, restaurants, and grocery marts (Whole Foods & Ralphs). The robust rental market and enticing features at this prime locale make 712-716 Vernon a worthwhile investment.
Location
State CA
County Los Angeles
Area Venice (90291)
Zoning Assessor
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $28
Acceptable Financing Cash, Conventional, FHA
Space Rent $2,500
Listing Terms Cash, Conventional, FHA
Read Less Info
Listed by Sanne Lee • A + Realty & Mortgage
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