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$ 1,790,000
Est. payment /mo
Active
712 -714-716 Vernon AVE Venice, CA 90291
5,402 Sqft Lot
UPDATED:
11/22/2024 05:06 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR24207225
Originating Board California Regional MLS
Year Built 1927
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.
Location
State CA
County Los Angeles
Area C11 - Venice
Interior
Flooring Laminate
Laundry None
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 4239004003
Special Listing Condition Not Applicable
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Listed by Sanne Lee • A + Realty & Mortgage