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712-716 Vernon Ave

3 Unit Apartment Building $1,790,000 ($596,667/Unit) Venice, CA 90291

Apartment Buildings California Venice 712-716 Vernon Ave, Venice, CA 90291

Investment Highlights

  • Desirable Silicone Beach Location, a few blocks from beach
  • Great Redevelopment Potential
  • New Roof and Paint

Executive Summary

* Great for Owner/Investor to occupy one unit and rent out the other units.
* Future Redevelopment Project
* 100% Leased
* Annual Rent: $100,800

Property Facts

Price $1,790,000 Apartment Style Townhome
Price Per Unit $596,667 Building Class C
Sale Type Investment Lot Size 0.12 AC
Sale Conditions Redevelopment Project Building Size 1,512 SF
Gross Rent Multiplier 17.76 Average Occupancy 100%
No. Units 3 No. Stories 1
Property Type Multifamily Year Built 1927
Property Subtype Apartment
Price $1,790,000
Price Per Unit $596,667
Sale Type Investment
Sale Conditions Redevelopment Project
Gross Rent Multiplier 17.76
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.12 AC
Building Size 1,512 SF
Average Occupancy 100%
No. Stories 1
Year Built 1927

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - 442
2+1 1 - 628
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code LARD1.5
LARD1.5
(626) 823-1580

Contact

  • Listing ID: 33489846

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 712-716 Vernon Ave, Venice, CA 90291

More public record information on 712-716 Vernon Ave, Venice, CA 90291

The Marina Del Rey/Venice Multifamily Property at 712-716 Vernon Ave, Venice, CA 90291 is currently available. Contact Kander Pacific, Inc. for more information.

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712-716 Vernon Ave
(626) 823-1580 x

712-716 Vernon Ave

Shan Lee

(626) 823-1580

(626) 823-1580

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