728 Vernon Avenue
Venice (los Angeles), CA 90291

  • 5 beds
  • – baths
  • 2,766 sqft
  • 4,802 sqft lot
  • $1,048 per sqft
  • 1952 build
  • on site

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 UNIT

bridgeMLS logo Listing courtesy of BRIDGE / Equity Union

Last checked: Checking… • Last updated May 9, 2024 •

MLS# CRSR24075666 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
5/9/24
Pending BRIDGE $2,899,000
4/16/24
Listed / Active BRIDGE $2,899,000 23.4% (5.0% / YR)
8/15/19
CRMLS_CA $2,350,000 56.7%

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Multifamily

$2,899,000

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Listing provided by broker:

Salar Farshchi Tabrizi

Equity Union

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This multifamily located in Silicon Beach, Los Angeles, CA 90291 is currently pending sale for $2,899,000. 728 Vernon Avenue is a 2,766 square foot multifamily with 5 beds and – baths that has been on Estately for 31 days. 728 Vernon Avenue is in the Silicon Beach neighborhood of Los Angeles and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Broadway Elementary School, Mark Twain Middle School, and Venice Senior High School.

bridgeMLS logo Listing courtesy of Equity Union

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 10:03 on May 17.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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