718 Vernon Avenue, Venice, Los Angeles, CA, ResidentialIncome, 5, 5

$ 2,995,000
718 Vernon Avenue,


  • Updated On:
  • November 11, 2023
  • 5 Bedrooms
  • 5 Bathrooms
  • 2,055.00 ft2

Property Description

Experience the true essence of Venice Beach living with this exceptional Triplex. Its alluring features, including private hot tubs, a serene communal garden, and a prime location, culminate in a coastal haven that harmoniously blends lifestyle and income. Whether you’re an investor seeking a profitable venture or a homeowner seeking a retreat to call your own, this property is an opportunity that cannot be overlooked. This Triplex is a turn-key Airbnb short-term rental, ensuring it’s ready for seamless occupancy and an immediate revenue stream (can be delivered vacant or with income). Boasting two separate structures, each finely furnished with custom-built furniture, this property features three units with two bonus spaces (all 1+1) that are fully equipped – an oasis of comfort, style, and convenience. This magical outdoor haven features a custom 100ft long pergola adorned with a graceful canopy and an enchanting communal garden area. As an income-generating gem, this Triplex has the potential to yield an impressive monthly income of $17,500. The thriving rental market in Venice Beach and the property’s alluring features and prime location make this investment worthwhile.

Address: 718 Vernon Avenue
Zip: 90291
Country: US
Open In Google Maps
$ 15,355.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,612.21
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David Clark