718 Vernon Ave Venice, CA 90291
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Francis "Frankie" Levangie

  718 Vernon Ave Venice, CA 90291

Active (81 Days)
$2,799,999
4
BED
5
BATH
2,055
SQFT

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.

MLS #:
24-436235
Lot Size
4,800 SQFT
Type
Multifamily
Year Built
1922
Views
None
County
Los Angeles County

Listed By

Francis "Frankie" Levangie, DRE #02063464 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Nov 25 2024 at 4:22 PM GMT+0000
Bathroom Details
Interior Features
  • Bathroom Features: Shower Stall
  • Bathroom Features: Shower and Tub
Property Features
  • Fireplace: Gas
Heating and Cooling
  • Wall
  • Ceiling Fan
Basement Information
  • No
Flooring
  • Cement
Exterior Features
  • Hard Coat
Parking
  • Parking Garage: Parking Space
Stories
  • 0
Living Area
  • 2,055 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 18, 2024
Price Changed
$2,799,999
-3%
-100,000
Sep 05, 2024
Original Price
$2,899,999
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/25/24 08:22