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718 Vernon Avenue

Venice, CA 90291
  • $2,995,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: 23296531
UPDATED: 52 min ago
$2,995,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,055
    SQFT
  • $1,457
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Listing Agent(s): Frankie Levangie of Coldwell Banker Realty (310-457-6550)


Description

Experience the true essence of Venice Beach living with this exceptional Triplex. 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 Airbnb short-term rental, ensuring it's ready for seamless occupancy and an immediate revenue stream (can be delivered vacant or with income). Boasting two separate structures, each finely furnished with custom-built furniture, this property features three units with two bonus spaces (all 1+1) that are fully equipped - 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 of $17,500. The thriving rental market in Venice Beach and the property's alluring features and prime location make this investment worthwhile.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/142039666
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718 Vernon Avenue Venice, CA 90291

  • Price: $2,995,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 52 min ago
  • ID#: 23296531
5
Beds
0
Baths
0
½ Baths
0.11
Acres
2,055
SQFT
$1,457
$/SQFT
1922
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
Experience the true essence of Venice Beach living with this exceptional Triplex. 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 Airbnb short-term rental, ensuring it's ready for seamless occupancy and an immediate revenue stream (can be delivered vacant or with income). Boasting two separate structures, each finely furnished with custom-built furniture, this property features three units with two bonus spaces (all 1+1) that are fully equipped - 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 of $17,500. The thriving rental market in Venice Beach and the property's alluring features and prime location make this investment worthwhile.
Exterior Features

Parking Features One Space Parking Total 1 Patio And Porch Features Porch Spa YN Yes View None View YN No

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Fireplace Features Gas Fireplace YN Yes Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Gross Income 210000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 5 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T20:34:03.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371750203-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371750203-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371750203-2.jpg
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Frankie Levangie of Coldwell Banker Realty (310-457-6550)