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Listed by Sanne Lee • A + Realty & Mortgage
$ 1,790,000
Est. payment | /mo
1,512 SqFt
$ 1,790,000
Est. payment | /mo
1,512 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $1,183
MLS Listing ID TR-24207225
Year Built 1927
Lot Size 5,402 Sqft
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Flooring Laminate
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Urban
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer