In Escrow

728 Vernon Ave

Venice, CA 90291

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.

Sales Price $2,899,000

Beds

5

Baths

4

Home Size

2766 Sq. Ft.

Lot Size

4802 Sq. Ft.

Request a Showing

When would you like to see it?

Hidden
MM slash DD slash YYYY
Select a date
May 28Tue
May 29Wed
May 30Thu
May 31Fri
Jun 01Sat
Jun 02Sun
Jun 03Mon
Jun 04Tue
Jun 05Wed
Jun 06Thu
Jun 07Fri
Jun 08Sat
Jun 09Sun
Jun 10Mon
Jun 11Tue
Jun 12Wed

Step 1 of 2

Next Step

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!

This home located at 728 Vernon AVE is currently activeUnderContract and has been available on pardeeproperties.com for 23 days. This property is listed at $2,899,000. It has 5 beds and 4 bathrooms. The property was built in 1952. 728 Vernon AVE is in the Venice community of Los Angeles County.

Quick Facts

  • 23 days on market
  • Built in 1952
  • Total parking spaces 3Car
  • Community | Venice
  • MLS# | SR24075666MR

Features

  • Central, Wall/Window Unit(s) Cooling
  • Central Heat
Connect with an agent
Elle Davidson
(1)

Elle Davidson

Partner | DRE #01881696

Listed By Salar Farshchi Tabrizi · Equity Union

Explore Venice, CA

Perched right on the Pacific Ocean, this tight-knit community is a cultural hub, well known for its eccentricities and its beauty.

Similar Listings

Property Photo from MLS

740 738 Brooks Ave

Venice, CA 90291

Bed

4

Bath

3

Sq Ft.

1921

Price

$1,920,000

New Listing!
Property Photo from MLS

12 25th Pl

Venice, CA 90291

Bed

8

Bath

8

Sq Ft.

4262

Price

$3,900,000

New Listing!
Property Photo from MLS

515 Rose Ave

Venice, CA 90291

Bed

8

Bath

6

Sq Ft.

5636

Price

$3,600,000