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.
MLS# | TR24207225 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1927 |
Days On Site | 204 |
Listing Provided By | A + Realty & Mortgage 626-855-2530 | Sanne Lee |
SQ Feet | 1,512 |
---|---|
Story(s) | 1 |
Units | 3 |
Building(s) | 2 |
Zoning | LARD1.5 |
Acreage | 0.12 |
State | CA |
---|---|
County | Los Angeles |
City | Venice |
Zip Code | 90291 |
Area | C11 Venice |
Listing VS Median (in 90291) | |
Price: $1,790,000 low | high Med: $2,450,000 SqFt: 1,512 low | high Med: 3,204 $ / SqFt: $1,184 low | high Med: $765 On site: 204 low | high Med: 2.000000 |