712 Vernon Avenue , Venice, CA - 90291, Venice CA is for sale :

Call For Appointment to See This Home
Dmitry Litvishkov (310)-709-4920

712 Vernon Avenue , Venice, CA - 90291 is For Sale

Details

Price : $1,790,000

Address : 712 Vernon Avenue

City : Venice

State : CA

Area : C11 - Venice

Property Type : Residential Income

Sq M : 502 M²

Total Units : 3

Net Operating Income : $96,032

MLS# : TR24207225

Lot Size (Acres) : 0.124 ac

Property Description

Venice Home For Sale. 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.

Listed By

A + Realty & Mortgage

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