718 Vernon Avenue, Venice, CA 90291

Bb54C4Ff 4Bd5 4A79 Aee0 17Bc6C541A8B 718 Vernon Avenue, Venice, Ca 90291 ≪Span Style='Backgroundcolor:transparent;Padding:0Px;'≫ ≪Small≫ ≪I≫ ≪/I≫ ≪/Small≫≪/Span≫

3 Beds

n/a Full bath

2,055 SqFt

Active

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.

Property Details
Price $2,799,999
Bedrooms 3
Lot Size Area 4802
Lot Size Area Units Square Feet
Acres 0.1102
Property Type MultiFamily
Stories 0
Features Ceiling Fan(s)
Year Built 1922
View None
Heating Wall Furnace
Laundry Features Washer Included,Dryer Included
Parking Description Parking Space
Parking Spaces 1
Geographic Data
Directions 718 Vernon Ave is between 7th Avenue and Lincoln Blvd, West of Lincoln Blvd.
County Los Angeles
Latitude 33.998284
Longitude -118.466899
Market Area C11 - Venice
Address Information
Address 718 Vernon Avenue, Venice, CA 90291
Postal Code 90291
City Venice
State CA
Country United States
Listing Information
Listing Office Coldwell Banker Realty
Listing Agent Frankie Levangie
Special listing conditions Standard
MLS Information
Days on market 46
MLS Status Active
Listing Date Sep 5, 2024
Listing Last Modified Oct 22, 2024
Tax ID 4239004004
MLS Area C11 - Venice
MLS # 24436235

This information is believed to be accurate, but without any warranty.

Ask a Local Expert

Menu