Lynn O'Neil
    Lynn O'Neil
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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $1,890,000
      Off Market

      712 Vernon Avenue

      Venice, CA 90291
      0.12 acres | #TR23171290
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      Listing OfficeA + Realty & Mortgage
      Type:Multi-Family
      Structure:3 Family
      Zone:Residential

      Description

      The triplex at 712-716 Vernon welcomes all owner-occupants, 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: one being MTM ($2300/mo) while the other's term ends 02/2024 ($2500/mo). Separately, the vacant bungalow of 2 bd / 1ba ($3500 pro forma) features a rustic lumber deck, off-street parking with square terracotta tiles, private entry, and a bohemian outdoor living space. New roofs were recently installed on both structures. Communal laundry is a possibility as infrastructure remains onsite. Hardwood/vinyl flooring, granite countertops, dual paned windows throughout. Complementing the property's income production, 712-716 Vernon sits well within walking vicinity of Venice's coastal scenery, Rose Ave, Abbot Kinney, and a plethora of coffee shops, small boutiques, restaurants, and grocery marts (Whole Foods & Ralphs). The robust rental market and enticing features at this prime locale easily make 712-716 Vernon a worthwhile investment. Possibility of assembling current active listing 718 Vernon Ave, APN 4239004004 to create a rare double lot exceeding 10,000SF that could provide tremendous upside potential.

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      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Today at 4:49 AM. Source: CRMLS

      Provided By
      Listing Agent: Vincent Truong (#TRTRUOVIN)
      Listing Office: A + Realty & Mortgage (#8496)

      Lynn O'NeilReal Estate Group
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