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.
Property Details
Price:
$1,790,000
MLS #:
TR24207225
Status:
Active
Baths:
0
Address:
712 Vernon Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c11venice
City:
Venice
Listed Date:
Oct 7, 2024
State:
CA
ZIP:
90291
Lot Size:
5,402 sqft / 0.12 acres (approx)
Year Built:
1927
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Schools
Interior
Flooring
Laminate
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities, Cable T V, Electricity, Exterior Maintenance, Grounds Care, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Map
Community
- Address712 Vernon Avenue Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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712 Vernon Avenue
Venice, CA
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