Homes for sale - 718 Vernon AVE, Venice, CA 90291

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Thomas Ly

tom289broker@gmail.com +1(626) 789-4261

$ 2,799,999

Est. payment -/mo

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Price Dropped by $100K

718 Vernon AVE Venice, CA 90291

4 Beds

5 Baths

2,055 SqFt

UPDATED:

11/03/2024 08:18 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,055 sqft

Price per Sqft $1,362

MLS Listing ID 24436235

Bedrooms 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1922

Lot Size 4,800 Sqft

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 C11 - Venice

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplaces Type Gas

Fireplace Yes

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Garage One Space

View Y/N No

View None

Porch Porch

Total Parking Spaces 1

Building

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4239004004

Special Listing Condition Standard

Listed by Frankie Levangie • Coldwell Banker Realty

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(626) 789-4261

tom289broker@gmail.com

110 E Wilshire Ave, Suite G1, Fullerton, United States

Thomas Ly

718 Vernon AVE Venice, CA 90291

Key Details

Location

Interior

Exterior

Building

Others

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718 Vernon AVE