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728 Vernon Avenue
Venice CA 90291 US

$2,899,000

Active Listing ID SR24075666
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5 bed
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4.00 Bath (4 Full Bath)
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Lot: 4,802.00 Square Feet
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Quadruplex

$2,899,000

Active Listing ID SR24075666
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728 Vernon Avenue 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 UNITS WILL BE DELIVERED VACANT WITH RTI PERMITS TO BUILD A NEW SINGLE FAMILY HOUSE ON THE FRONT UNIT AT CLOSE OF ESCROW!

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Property Features

  • Facts
  • Lot Size: 4,802.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Fence, Community Features Included: Curbs, Sidewalks, Urban, Rectangular Lot
  • Floor Covering: Vinyl
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 2899000
  • unparsedaddress: 728 Vernon Avenue
  • postalcity: Venice
  • stateorprovince: CA
  • country: US
  • postalcode: 90291
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.110238751147842
  • lotsizeunits: Square Feet
  • lotsizearea: 4802
  • livingarea: 2766
  • livingareaunits: Square Feet
  • latitude: 33.998383
  • longitude: -118.466534
  • listagentfullname: Salar Farshchi Tabrizi
  • listagentemail: s.farsh@gmail.com
  • listagentkey: 3yd-MRMLSCA-SR207067312
  • listagentmlsid: SR207067312
  • listagentpreferredphone: 9197026650
  • listagentofficephone: 8189892000
  • listofficekey: 3yd-MRMLSCA-F8595001
  • listagentstatelicense: 02095885
  • listofficemlsid: F8595001
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1952
  • listingcontractdate: 2024-04-16
  • listagenturl: http://www.kwencinoshermanoaks.com
  • countyorparish: Los Angeles
  • parcelnumber: 4239004007
  • appliances: Dishwasher, Microwave, Range, Range - Gas, Refrigerator, Washer
  • cooling: Window Unit(s) A/C
  • flooring: Vinyl
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 3
  • roof: Asphalt, Shingle
  • view: None
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Furnished, Quartz Counters, Recessed Lighting, None, Window Features: Double Pane Windows
  • exteriorfeatures: Fence, Community Features Included: Curbs, Sidewalks, Urban, Rectangular Lot
  • windowfeatures: Double Pane Windows
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.466534, 33.998383
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Listing Changed: 4/17/2024 3:37:38 AM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: Salar Farshchi Tabrizi, Equity Union, s.farsh@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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