$10,000 Closing Credit¹
#SB24219052, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
#TR24207225·
Listing Office: A + Realty & Mortgage·
Listing Agent: Sanne Lee·
Listing Office Phone: 626-823-1572
$10,000
closing credit¹
712-714-716 Vernon Ave Venice, CA 90291
$1,790,000 List price
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 712-714-716 Vernon Ave
The triplex at 712-716 Vernon Ave welcomes investors and developers alike. Two breezy bungalows are partitioned on this long 5402 sf (45X120) lot, zoned RD1.5. The Vernon Ave-facing bungalow consists of two leased units of 1 bd / 1ba at approximately 442 living sf each: ($2500/mo each). The back bungalow of 2 bd / 1ba ($3400/mo) with its private gated entry from Vernon Ct (back alley) features a rustic lumber deck, off-street parking, and outdoor living space. New roofs were recently installed on both structures. Complementing the property's income production, walking vicinity of Venice's coastal scenery, Rose Ave, Abbot Kinney, trendy coffee shops, small boutiques, restaurants, and grocery marts (Whole Foods & Ralphs). The robust rental market and enticing features at this prime locale make 712-716 Vernon a worthwhile investment.
Highlights
Home typeTriplex
StatusActive
Lot size0.124 Acres
Year built1927
MLS #TR24207225
Summary
- MLS Number: TR24207225
- MLS Name: CRMLS
- Office Name: A + Realty & Mortgage
- Office Phone: (626) 823-1572
- Listing Agent: Sanne Lee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 8:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,790,000
712-714-716 Vernon Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Westminster Avenue Elementary
Public District KG-5
0.2 mi
•1010 Abbot Kinney Blvd
8
Broadway Elementary School
Public District KG-5
0.8 mi
•1015 Lincoln Blvd
6
Coeur d'Alene Avenue School
Public District KG-5
1.2 mi
•810 Coeur D Alene Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,596. Typical income of Venice, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
39%
35k-100k
18%
100k-200k
20%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
15%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
43%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 712-714-716 Vernon Ave in Venice, CA and zip code 90291 in the Venice neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 7, 2024 and is currently priced at $1,790,000.
In January 2025, from all listings sold in Venice, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Venice, CA there were 20.1% more homes for sale than in December. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.