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Townhome/Townhouse For Sale
728 Vernon Avenue
Venice, California 90291
Los Angeles CountyCommunity:
$2,899,000
5 br, 4.0 bath
2766 sq. ft.
0.110 acres
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!
Interior:
- Bedrooms: 5
- Baths: 4.0
- Sq Ft: 2766
- Year Built: 1952
- Utilities:
- Fireplaces:
- Stories: 2.0
- Heat/AC: Central Furnace
- Garage:
Exterior:
- Lot Size: 0.110 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Asphalt
- MLS #: SR24075666
Ad Number: 4839848
Viewed 12 times.
Updated: Apr 16, 2024
This property is a Townhome/Townhouse located at 728 Vernon Avenue, Venice, California 90291, and is currently For Sale at $2,899,000. This Townhome/Townhouse has 5 bedrooms, 4.0 baths, 2766 sq ft.
Listing Agent: Salar Farshchi Tabrizi, Dream Team Real Estate Consultants. Inc, 919-702-6650, 818-989-2000
Listing Site, Listing Status: Active
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