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.
Property Details
Price:
$2,799,999
MLS #:
24436235
Status:
Active
Baths:
0
Address:
718 Vernon Avenue
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
90291
Lot Size:
4,802 sqft / 0.11 acres (approx)
Year Built:
1922
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Fireplace Features
Gas
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Parking Space
Parking Spots
1.00
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None
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Community
- Address718 Vernon Avenue Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
718 Vernon Avenue
Venice, CA
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