718 Vernon Avenue
Venice, CA, 90291
$2,799,999
Beds
0 Baths
SqFt
0.11 Acres
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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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718 Vernon Avenue
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