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728 Vernon Avenue

728 Vernon Avenue Venice, CA 90291

Multi-Family (2-4 Units) MLS #: SR24075666 Courtesy Of Dream Team Real Estate Consultants. Inc

$2,899,000

5 beds | 4 baths | 2,766 sq ft
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Estimated monthly payments: $12,673/mo.* (recalculate)
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Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Double Pane Windows
  • Appliances: Dishwasher, Microwave, Range, Range - Gas, Refrigerator
  • Architecture Style: Other
  • Cooling System: Central A/C, Window Unit(s) A/C
  • Floor Covering: Vinyl
  • Heating System: Central Furnace
  • Roof Type: Asphalt
  • Rooms: Bedroom, Full Bath

MAP & DIRECTIONS

MAP & DIRECTIONS

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728 Vernon Avenue, Venice, CA 90291
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School Information

728 Vernon Avenue, Venice, CA 90291

Elementary School
Grades KG-5 | Public School
BROADWAY ELEMENTARY SCHOOL
Venice, CA 90291
1015 Lincoln Blvd
310.­392.4944
Distance: 0.3 mi
School Rating
A
Student:Teacher Ratio
21:1
Total Students
575
Middle School
Grades 6-8 | Public School
MARK TWAIN MIDDLE SCHOOL
Los Angeles, CA 90066
2224 Walgrove Ave
310.­305.3100
Distance: 1.1 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
874
High School
Grades 9-12 | Public School
VENICE HIGH SCHOOL
Los Angeles, CA 90066
13000 Venice Blvd
310.­577.4200
Distance: 1.3 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
2047
Other Nearby Schools Distance Type Grades School Rating
Animo Venice Charter High School 0.2 mi Public 9-12 B
Ecole Claire Fontaine 0.5 mi Private KG
Westminster Avenue Elementary 0.6 mi Public KG-5 C
Acton Academy Venice Beach 0.7 mi Private 1-12
Olympic High (continuation) 0.8 mi Public 9-12 C
John Muir Elementary School 0.9 mi Public PK-5
Coeur D'alene Avenue School 1.0 mi Public KG-5 B
St Mark Elementary School 1.0 mi Private PK-8
Santa Monica Alternative (k-8) 1.0 mi Public KG-8 A
Walgrove Avenue Elementary 1.0 mi Public KG-5 D+
Will Rogers Learning Community 1.0 mi Public KG-5 B-
John Adams Middle School 1.0 mi Public 6-8 B+
Westside Global Awareness Magnet 1.3 mi Public KG-8 C+
Beethoven Street Elementary School 1.4 mi Public KG-5 C+
Santa Monica High School 1.4 mi Public 9-12 A
Grant Elementary School 1.5 mi Public PK-5 B+
Phoenix Continuation 1.5 mi Public 9-12 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Venice, CA 90291

Median Age: 39.2
Married: 30%
Number of Households: 13,668
Households with Children: 15.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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