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    749 Vernon Ave

    Venice, CA 90291
    • $2,799,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 20-664650
    UPDATED: 41 min ago
    $2,799,000
    • 5
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $1,120
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    This charming 3 unit income property is centrally located in the heart of Venice & features an opportunity to convert or add an ADU. Recently remodeled & an investor's dream, it consists of a 3Br/2Ba unit on the ground floor & two 1Br/1Ba units on the 2nd level. The ground unit is akin to a single family home & has been remodeled. Feat an open plan, recessed light, engineered floor, & new A/C. The Grmet kitchen is equip w/ SS appliances, white quartz countertop w/ a built-in island, & white millwork. The master suite feat a large closet & en-suite bathroom.The unit includes a private outdoor, & in-unit W/D hookup. Both units above feat 1Br/1Ba & offer an ideal floor plan, natural light, & a well-planned kitchen. Add'l amenities include 6 parking spaces, W/D hookups, & outdoor spaces. This is a rare opportunity to own a beautiful income property, located mins. away from the trendy Rose Ave & Abbot Kinney boutique storefronts, tasteful restaurants, & the beautiful Santa Monica coastline.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-01T17:42:57.25. 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.
    www.markwiseproperties.com/homes/112287308
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    749 Vernon Ave Venice, CA 90291

    • Price: $2,799,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 20-664650
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,500
    SQFT
    $1,120
    $/SQFT
    1948
    Built
    Neighborhood:
    Venice
    County:
    Los Angeles
    Area:
    Venice
    Property Description
    This charming 3 unit income property is centrally located in the heart of Venice & features an opportunity to convert or add an ADU. Recently remodeled & an investor's dream, it consists of a 3Br/2Ba unit on the ground floor & two 1Br/1Ba units on the 2nd level. The ground unit is akin to a single family home & has been remodeled. Feat an open plan, recessed light, engineered floor, & new A/C. The Grmet kitchen is equip w/ SS appliances, white quartz countertop w/ a built-in island, & white millwork. The master suite feat a large closet & en-suite bathroom.The unit includes a private outdoor, & in-unit W/D hookup. Both units above feat 1Br/1Ba & offer an ideal floor plan, natural light, & a well-planned kitchen. Add'l amenities include 6 parking spaces, W/D hookups, & outdoor spaces. This is a rare opportunity to own a beautiful income property, located mins. away from the trendy Rose Ave & Abbot Kinney boutique storefronts, tasteful restaurants, & the beautiful Santa Monica coastline.
    Exterior Features

    Lot Size Area 4802 Other Structures None Parking Garage AssignedGarageGated Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Cottage Total Parking 6 View Description None View YN No

    Interior Features

    Baths Total 4.00 Common Walls Attached Cooling Wall Unit(S) Equipment RefrigeratorDishwasherRange/OvenGarbage Disposal Fireplace Rooms Family Room Heating Zoned Laundry Inside Water Heater Features Gas

    Property Features

    Assessed Total Value 1248003 Gross Income 1609 Gross Operating Income 0 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 108058.00 Number Of Buildings 1 Number Of Units 3 Rent Control YN Yes Sale Type Standard Security Features GatedWindow BarsResident ManagerExterior Security Lights Source Living Area Other Source Lot Size Area Other Source Lot Size Dimensions Other Total Annual Expense 32360 Type Of Units Apartments Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Neyshia Go DRE#01933923 of Sotheby's International Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-01T17:42:57.25. 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.
     
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