718 Vernon Avenue
Venice, CA 90291
$100,000.00 (-3.45%)
Active for $2,799,999
Beds: 4 Baths: 5 Structure Size: 2,055 sqft Lot Size: 4,802 sqft
| MLS | 24436235 |
| Year Built | 1922 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,799,999 |
| Structure Size | 2,055 sqft |
| Lot Size | 4,802 sqft |
| Beds | 4 |
| Baths | 5 |
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.
Listing information courtesy of: Frankie Levangie, Coldwell Banker Realty 310-717-0993. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Georgi Sarumyan
REALTOR®
Direct: 818.319.5411
Email: Email Me
DRE: 02224241
DRE #01873088
.png){kind=small}