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718 Vernon Ave Venice (los Angeles), CA, 90291
$3,195,000 Home for sale 4 beds 2,055 sqft
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. 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 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.
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Property details
2,055 sqft interior area
Property type
Home
Interior area
2,055 sqft
View
None
Land area
4,791 sqft (0.11 acres)
Price per sqft
$1,554/sqft
Days on Verhouse
25
Address
718 Vernon Ave, Venice (los Angeles), CA, 90291
City of California
Venice (los Angeles)
County
Los Angeles
nr.of parking places
1
Year Built
1922
District
Listing
Open Houses
No upcoming open houses
Interior Features
1 parking places
Beds
4
Parking
1
Garage & Parking
Other
Laundry Features
Dryer, Washer
Heathing & Cooling
Wall Furnace
Amenities
Other
Listed by
Frankie Levangie, Coldwell Banker Realty
Name
Frankie Levangie
License number
02063464
Brokerage company
Coldwell Banker Realty
MLS #
CL24374997
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Calculate your monthly payments
Mortgage
$9,810
Taxes
$0
HOA dues
$0
Mortgage
$639,000 / 20%
2.28%
30 years
Your amount
$9,810 / month
Lot details
TMK #4239004004
Parcel nr.
4239004004
90291 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90291
38%
Families with children
National average: 39%
59%
Non family households
354,926
Population
$146,493
Average Income
Age & gender
Median age 38 years
More info
Commute types
73% commute by car
More info
Education level
37% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for
$1.88m
Neighborhood average
sales price*
sales price*
$1.69m
Neighborhood median
sales price*
sales price*
573
Number
of sales*
of sales*
Housing type
30% are small apartments
More info
Rooms
38% of the houses have 4 or 5 rooms
More info
Bedrooms
54% have 2 or 3 bedrooms
More info
Owners vs Renters
69% are renters
More info
16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 8, 2024 | New Listing | $3,195,000 +10.36% | 1554.74 | MLS #CL24374997 |
| Feb 2, 2024 | Unavailable | $2,895,000 | 0 | MLS #CL23296531 |
| Dec 5, 2023 | Price Decrease | $2,895,000 -3.34% | 1408.76 | MLS #CL23296531 |
| Oct 30, 2023 | Price Decrease | $2,995,000 -4.77% | 1457.42 | MLS #CL23296531 |
| Sep 11, 2023 | Price Decrease | $3,145,000 -1.56% | 1530.41 | MLS #CL23296531 |
| Aug 1, 2023 | New Listing | $3,195,000 | 1554.74 | MLS #CL23296531 |
Taxes of 718 Vernon Ave, Venice (los Angeles), CA, 90291
LARD zoning / MLS #CL24374997
Zoning
LARD
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Frequently Asked Questions about 718 Vernon Ave
What is 718 Vernon Ave?
718 Vernon Ave, Venice (los Angeles), CA, 90291 is a single family home located in the city of Los Angeles, California with zipcode 90291. This single family home has 4 bedrooms with an interior area of 2,055 sqft.
Which year was this home built?
This home was build in 1922.
What is the full address of this Home?
718 Vernon Ave, Venice (los Angeles), CA, 90291.
Are grocery stores nearby?
The closest grocery stores are Whole Foods Market, 0.26 miles away and Ralphs, 0.32 miles away.
What is the neighborhood like?
The 90291 zip area has a population of 354,926, and 38% of the families have children. The median age is 38.6 years and 73% commute by car. The most popular housing type is "small apartment" and 69% is renter.
Based on information from the bridgeMLS as of 05-02-2024. 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.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Whole Foods Market, 0.26 miles away and Ralphs, 0.32 miles away.
The 90291 zip area has a population of 354,926, and 38% of the families have children. The median age is 38.6 years and 73% commute by car. The most popular housing type is "small apartment" and 69% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
