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728 Vernon Ave Venice (los Angeles), CA, 90291
$2,899,000 Home under contract 5 beds 2,766 sqft
VACANT REMODELED 4PLEX WEST OF LINCOLN with RTI Permits to build a new single family house- Conveniently located in Venice Beach California, one of the highest-demand rental markets in the country. The front unit is a 2 bedroom & 1 bathroom single family residence with RTI permits to build a bigger house on it. Additionally, there are 3 fully remodeled, 1 bedroom, 1 bathroom units in the back. All 3 back units have been fully remodeled; New plumbing, new electrical, new HVAC, new doors & windows, new smooth stucco, new flooring, new appliances, separate laundry for each unit etc. This fully gated income property is once in a lifetime investment opportunity that provides its owner with many options. Back units being fully remodeled, having both front & back alley access with dedicated garage space in the back for all 3 back units make this property a truly unique investment opportunity. You can enjoy the rental cashflow from back units while building your dream house in the front at the same time. Alternatively, you can rent all 4 units for top dollar. All 4 units have their own laundry. This is an extremely rare opportunity for an investor to acquire a 100% vacant building with RD1.5 Zoning. Moments from Abbot Kinney, beach, Rose, and everything else Venice has to offer. ALL UNIT
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Property details
2,766 sqft interior area
Property type
Home
Interior area
2,766 sqft
View
None
Land area
4,791 sqft (0.11 acres)
Price per sqft
$1,048/sqft
Days on Verhouse
32
Address
728 Vernon Ave, Venice (los Angeles), CA, 90291
City of California
Venice (los Angeles)
County
Los Angeles
nr.of parking places
3
Year Built
1952
District
Listing
Open Houses
No upcoming open houses
Interior Features
3 parking places, Vinyl floors
Beds
5
Floors
Vinyl
Parking
3
Laundry Features
Dryer, Washer
Heathing & Cooling
Central Air, Wall/Window Unit(s), Central
Amenities
Other
Listed by
Salar Farshchi Tabrizi, Equity Union
Name
Salar Farshchi Tabrizi
License number
02095885
Brokerage company
Equity Union
MLS #
CRSR24075666
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Calculate your monthly payments
Mortgage
$8,901
Taxes
$0
HOA dues
$0
Mortgage
$579,800 / 20%
2.28%
30 years
Your amount
$8,901 / month
Exterior Features
Other construction and more
Utilities
Sewer Connected
Construction
Other
Yard
Other
Lot details
TMK #4239004007
Lot Description
Other
Parcel nr.
4239004007
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*
$1.67m
Neighborhood median
sales price*
sales price*
579
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
Under contract May 9, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 9, 2024 | Under contract | $2,899,000 | 1048.08 | MLS #CRSR24075666 |
| Apr 16, 2024 | New Listing | $2,899,000 | 1048.08 | MLS #CRSR24075666 |
Taxes of 728 Vernon Ave, Venice (los Angeles), CA, 90291
LARD zoning / MLS #CRSR24075666
Zoning
LARD
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Frequently Asked Questions about 728 Vernon Ave
What is 728 Vernon Ave?
728 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 5 bedrooms with an interior area of 2,766 sqft.
Which year was this home built?
This home was build in 1952.
What is the full address of this Home?
728 Vernon Ave, Venice (los Angeles), CA, 90291.
Are grocery stores nearby?
The closest grocery stores are Whole Foods Market, 0.27 miles away and Ralphs, 0.3 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 38.56 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 05-17-2024. 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: May 09, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Whole Foods Market, 0.27 miles away and Ralphs, 0.3 miles away.
The 90291 zip area has a population of 354,926, and 38% of the families have children. The median age is 38.56 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.
