Listing provided courtesy of Sanne Lee of A + Realty & Mortgage. Last updated 2024-11-15 09:11:46.000000. Listing information © 2024 Sandicor.
Asking Price: $1,790,000
712 Vernon, Venice CA 90291
Community: C11 - Venice
This Triplex property was built in 1927 and is priced at $1,790,000. Please see the additional details below.
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.