Thank you
Frankie Levangie
Coldwell Banker Realty
310-457-6550
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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Total Bedrooms : 4
Total Baths: 5
Full Baths: 0
Half Baths: 0
Interior Features: Ceiling Fan(s)
Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer
Fireplace: Gas
Wall Furnace
Has Heating
Fireplace Features: Gas
Has Fireplace: 1
Year Built: 1922
Building Area Total: 2,055
Porch
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1102
Lot Size Source: Assessor
Lot Size Square Feet: 4802
Original List Price: 3,195,000
Listing Contract Date: 2024-04-08
Listing Agreement: Seller Reserved
Parcel Number: 4239004004
Garage Description: One Space
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C11 - Venice
Postal Code Plus 4: 5744
Directions: 718 Vernon Ave is between 7th Avenue and Lincoln Blvd, West of Lincoln Blvd.
Zoning: LARD1.5
Source Property Type: Residential Income
Area: C11 - Venice
Property Age: 102
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Total Square Feet Living: 2055
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
11 20th Avenue, Venice, CA,90291 | $3,290,000 | -- | -- | -- | 2642 Sqft |
1352 Palms Boulevard, Venice, CA,90291 | $4,190,000 | 6 | 4 | 4,476 | 10893 Sqft |
1113 Electric Avenue #1, Venice, CA,90291 | $1,250,000 | 1 | 1 | 1,010 | 14390 Sqft |
325 Brooks Avenue, Venice, CA,90291 | $3,699,000 | 2 | 2 | 1,896 | 5279 Sqft |
1702 Abbot Kinney Boule.., Venice, CA,90291 | $1,875,000 | 4 | -- | 1,867 | 3000 Sqft |
1706 Abbot Kinney Boule.., Venice, CA,90291 | $1,875,000 | 3 | -- | 2,842 | 3001 Sqft |
580 Venice Boulevard, Venice, CA,90291 | $2,500,000 | 4 | -- | 1,914 | 3907 Sqft |
123 Park Place, Venice, CA,90291 | $1,950,000 | 2 | -- | 2,008 | 2250 Sqft |
537 W Westminster Avenue, Venice, CA,90291 | $2,900,000 | 6 | -- | 2,389 | 10408 Sqft |
14 Brooks Avenue #6, Venice, CA,90291 | $3,550 | -- | 1 | 448 | 6011 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 02:10
MLS: 24374997
LISTED BY: Frankie Levangie, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.