718 Vernon Avenue, Venice

$3,195,000

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4 Beds
5 Baths
2,055 Sqft
.11 Acre
0 Garage

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. 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 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.

Essential Information

MLS® #
24374997
Price
$3,195,000
Bedrooms
4
Bathrooms
5.00
Square Footage
2,055
Acres
0.11
Year Built
1922
Type
Residential Income
Status
Active

Community Information

Address
718 Vernon Avenue
Area
C11 - Venice
City
Venice
County
Los Angeles
Zip Code
90291
Senior Community
N

Amenities

Parking Spaces
1
Parking
One Space
Garages
One Space
View
None

Interior

Interior Features
Ceiling Fan(s)
Heating
Wall Furnace
Fireplace
Yes
Fireplaces
Gas

Appliances

Dishwasher, Disposal, Refrigerator, Dryer, Washer

Additional Information

Date Listed
April 8th, 2024
Days on Market
24
Zoning
LARD1.5

Listing Details

Agent
Frankie Levangie
Office
Coldwell Banker Realty

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Frankie Levangie - Coldwell Banker Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 9:16pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.