718 Vernon Ave, Venice, CA 90291
FOR SALE

718 Vernon Ave
Venice, CA 90291

Venice
  • 4 Beds
  • 5 Baths
  • 2,055 sqft
  • 4 Beds
  • 5 Baths
  • 2,055 sqft

$3,195,000

Est. Mortgage $20,255/mo*
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Local Information

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Description

Experience the true essence of Venice Beach living with this exceptional Triplex. 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.

Home Highlights

Parking
1 Parking Spaces
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$1,555
Listed
20 days ago

Home Details for 718 Vernon Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Bathroom
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5
Dimensions and Layout
Living Area: 2055 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Washer, Refrigerator, Range/OvenDishwasherDisposalDryerLaundry: Laundry Area,Gas Dryer HookupRefrigeratorWasher
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Wall
Fireplace & Spa
Fireplace: GasSpa: Hot Tub, Heated with GasHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Cement
Levels, Entrance, & Accessibility
Levels: Ground LevelFloors: Cement
View
No ViewView: None
Security
Security: None

Exterior Features

Exterior Home Features
Patio / Porch: PorchOther Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 1Parking: Parking Space
Frontage
Waterfront: NoneNot on Waterfront

Days on Market

Days on Market: 20

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Hard Coat
Property Information
Condition: Updated/Remodeled

Price & Status

Price
List Price: $3,195,000Price Per Sqft: $1,555

Active Status

MLS Status: Active

Location

Direction & Address
City: Venice

Agent Information

Listing Agent
Listing ID: 24-374997

Building

Building Area
Building Area: 2055 Square Feet

Lot Information

Lot Area: 4800.312 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-374997
Last check for updates: 1 day ago
Listing courtesy of Frankie Levangie DRE # 02063464, (310) 717-0993
Coldwell Banker Realty, (310) 457-6550
Source: CLAW, MLS#24-374997

Price History for 718 Vernon Ave

DatePriceEventSource
04/08/2024$3,195,000Listed For SaleCLAW #24-374997
02/02/2024ListingRemovedCLAW #23-296531
12/05/2023$2,895,000PriceChange
CLAW #23-296531
10/30/2023$2,995,000PriceChange
CLAW #23-296531
10/04/2023$3,095,000PriceChange
CLAW #23-296531
09/11/2023$3,145,000PriceChange
CLAW #23-296531
08/01/2023$3,195,000Listed For SaleCLAW #23-296531
07/17/2023ListingRemovedCLAW #23-232091
05/18/2023$3,295,000PriceChange
CLAW #23-232091
03/18/2023$3,395,000PriceChange
CLAW #23-232091
02/04/2023$3,425,000Listed For SaleCLAW #23-232091
08/31/2017$1,702,000Sold
CLAW #17195358
05/16/2017$1,735,000PendingAgent Provided
04/25/2017$1,735,000PriceChange
Agent Provided
03/28/2017$1,680,000PendingAgent Provided
01/27/2017$1,680,000Listed For SaleAgent Provided
09/24/2002$565,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$22,674
Assessment$1,861,233
Home facts updated by county records

Comparable Sales for 718 Vernon Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
737 Flower Ave, Venice, CA
0.15
Multi-Family Home
$1,850,000
06/21/23
3
4
2,364
315 6th Ave, Venice, CA
0.28
Multi-Family Home
$1,850,000
06/28/23
4
4
1,884
621 Rose Ave, Venice, CA
0.29
Multi-Family Home
$1,800,000
07/21/23
4
4
1,850
826 California Ave, Venice, CA
0.32
Multi-Family Home
$1,425,000
01/30/24
4
2
1,482
227 Ruth Ave, Venice, CA
0.34
Multi-Family Home
$3,100,000
08/31/23
4
6
3,168
553 Indiana Ave, Venice, CA
0.22
Multi-Family Home
$1,658,700
12/12/23
3
2
1,382
664 Milwood Ave, Venice, CA
0.46
Multi-Family Home
$1,925,000
08/21/23
4
2
1,633
34 Dudley Ave, Venice, CA
0.73
Multi-Family Home
$1,900,000
11/01/23
4
5
2,672

Neighborhood Overview

Venice
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Venice

  • BZ
    "Venice is unique and eclectic with wonderful restaurants and a fun nightlife. It’s a great place for young people. "
    2
    Flag
  • Santiago Juyo
    "Food and trash on the ground can be dangerous so annoying to deal with here in Venice. Lots of green areas "
    1
    Flag
  • B B
    " Easy by car. 25 minutes maximum. Kids take bus and we bike a lot. Love the neighborhood "
    0
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  • Trulia User
    "I love this neighborhood. It feels like living in a beachside bike-friendly village next to a big city. "
    1
    Flag
  • Trulia User
    "good city for families and kid friendly dogs lovers good place to live I would recommend this city to anyone who would want to feel safe to live "
    0
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  • Trulia User
    "I am about to move here and in process of transitioning. I like sunshine and understanding people to what it is today. I am still looking for a place to live in a studio for a single person. "
    1
    Flag
  • Trulia User
    "It’s special in its own ways. Very laid back, very friendly. Community driven A bit what you picture about Californian life "
    4
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  • Trulia User
    "You see people walking up and down streets with all kinds of dogs. It’s difficult to find a receptacle for dog poop. "
    0
    Flag
  • Trulia User
    "It’s got a great neighborhood feel and is away from the hustle & bustle but still very close to the action. Surrounded by trees and plenty ma & pop shops :) "
    0
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  • Trulia User
    "Although I do not live here, everyone seems genuinely love their community. Whatever they are doing to keep their people happy is working. "
    0
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  • Trulia User
    "Penmar park is great for dogs. Dog friendly in most businesses. Watch out for broken glass and harmful objectives on the sidewalks in Venice. "
    0
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  • Trulia User
    "About 20 to 30 min lots of traffic The commute to and from is a bit Challenging. However living on the Westside is very Kool. Great weather Lots of restaurants, bars, dinning There is The 3rd Street Promenade Fox Hills Mall Howard Hughes Center Numerous boutique/ ethnic Spots "
    0
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  • Trulia User
    "Plenty of homeless people, the streets are dirty and not particularly safe to walk around at night. "
    0
    Flag
  • Trulia User
    "Everyone has a dog here. Very dog friendly and close to the beach too. Lots of dog parks and most have been cleaned up after homeless overran them during COVID"
    0
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  • Trulia User
    "Everything is dog friendly so you can bring your dog to list places. The homeless have unleashed dogs and pit bulls. "
    0
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  • Trulia User
    "I’m moving out of state Im a Cali native and I’ve lived in Venice since 1998. It used to be great - terrible now "
    0
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  • Trulia User
    "The people, the houses, the relaxed vibe, the natural beauty and the quirky characters. People are generally warm, friendly and willing to offer help if needed. We have a great selection of restaurants and stores. Anything you need is within a short range. Even the beach"
    15
    Flag
  • Loulou111
    "I work from home but driving is easy from the Oxford ave anywhere.....,. Lovely quiet neighborhood & plenty of nature........ Neighbors watch out for each other & a good mix of ages"
    4
    Flag
  • Erin K.
    "I love the weather and biking to the many amazing restaurants in the area. However, the homeless situation gets worse everyday. We pay too much to live here surrounded by crime and garbage. "
    29
    Flag
  • Terry B.
    "I have lived in Venice all my life. There’s no other place I would rather live. The weather is great, usually 20° cooler than downtown Los Angeles. Many outdoor activities including bike riding, surfing, walking, tennis, paddle tennis, basketball, rollerskating , swimming, And many more. Great walkability to restaurants, shopping, library, farmers market. Dog friendly. "
    7
    Flag
  • Alyssa W.
    "Dog owners are typically good. They just don’t pick up after their animals and leave trash or dog poop on the sidewalks "
    2
    Flag
  • Louise
    "Everyone has outside space and dog walking is pleasant as the sidewalks are pretty. Lots of families in the area so people are child and pet friendly. "
    2
    Flag
  • Olivia O.
    "Venice is a chilled out, sea-side feel neighborhood. I was raised in Cape Town South Africa and there is a similarity of “vibe”. "
    0
    Flag
  • Eric.gervet
    "Nice street Close to ocean Walkable Abbott Kinney Nice restaurants Cycle lanes Perfect temperature"
    2
    Flag
  • Cbowenusc
    "What commute? I do not have a commute, a big driver behind my decision to live in Venice - great vibes all day and quiet at night "
    0
    Flag
  • Danielledruz
    "It’s more of a young persons game. Young couples and new families but i think there are better places to raise kids"
    0
    Flag
  • Stephanie C.
    "There are lots of dogs I think the area. You constantly see people out walking their dogs and often people and pups are very friendly."
    0
    Flag
  • Nathanlycan
    "I love this neighborhood . It blends a beachside community with a growing art and culinary scene but maintains some of the less manicured, dogtown vibe"
    0
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  • Kamv25
    "Honestly, we don't really have anything. Halloween used to be fun out here and houses used to go all out, not anymore. "
    0
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  • Nhailebuga
    "Usually, medium to heavy traffic all week. Commute is 30 mins to work and usually 15 at night. Weekends get very busy due to Venice beach. "
    0
    Flag
  • Shon B.
    "Beach events are always good fun. Biking is great in this area and people are definitely respectful of the bike lane. "
    0
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  • Jenny B.
    "I ride my bike, walk or Uber to where I need to go around me. I’m not a fan of driving so this area is perfect for commuters like me"
    0
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  • Altheatupper
    "Neighbors are incredibly nice, great restaurants, and walker friendly. This is a wonderful place to live!"
    0
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  • Linkn
    "Abbot Kinney street fair happens every yeah, they do many beach events and for the new year they do the penguin plunge at the pier. "
    0
    Flag
  • Linkn
    "Venice gets more visitors than Disneyland. Parking is hard to find, the closer you are to the beach. Many homes are Airbnb. Love Venice but the prices are extremely high! the homeless population is higher than normal. "
    2
    Flag
  • Sarah G.
    "Farmers markets, parks, great places to eat, the beach, jumping jacks, wizards, bean dip, and big hugs at red lights."
    0
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  • Dolph
    "It’s a very “bohemian” environment... I’m sure super fun for kids 13-18... I would keep an eye on younger kids as Venice doesn’t always bring the best elements to the beach... all in all, it’s a fun diverse place with people from all over the world and all different social and economic backgrounds and a great place in my opinion."
    1
    Flag
  • Grantcasey
    "Quickly gentrifying neighborhood with accessibility to everything a family needs. Safe for the most part - only a couple of intersections to be aware of."
    0
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LGBTQ Local Legal Protections

Frankie Levangie, Coldwell Banker Realty
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
718 Vernon Ave, Venice, CA 90291 is a 4 bedroom, 5 bathroom, 2,055 sqft multi-family built in 1922. 718 Vernon Ave is located in Venice, Venice. This property is currently available for sale and was listed by CLAW on Apr 8, 2024. The MLS # for this home is MLS# 24-374997.