CA > Venice
Venice, CA 90291,712 -714-716 Vernon AVE
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Venice, CA 90291,712 -714-716 Vernon AVE
Venice, CA 90291,712 -714-716 Vernon AVE
Venice, CA 90291,712 -714-716 Vernon AVE
Venice, CA 90291,712 -714-716 Vernon AVE
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 1,790,000
Est. payment /mo
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Active

712 -714-716 Vernon AVE Venice, CA 90291

5,401 Sqft Lot

UPDATED:

10/08/2024 03:27 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24207225

HOA Y/N No

Year Built 1927

Lot Size 5,401 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

Zoning LARD1.5

Interior

Flooring Laminate

Fireplace No

Laundry None

Exterior

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4239004003

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Sanne Lee • A + Realty & Mortgage • 626-823-1572

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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