Sanjo Investments

Commercial Brokerage and Property Management

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Triplex Configured as a Fourplex, in Venice, California

Location:
718 Vernon Avenue,
Venice, CA 90291

Triplex
4 Bedrooms in Total, 4 Baths, 4 Kitchens
Buildings: 2,055 sq.ft. of built construction, not including
the garage converted into an artist studio
Lot size: Approximately 4,802 Square Feet.
Lot dimensions: Frontage is 40 feet,
Depth is approximately 120 feet

Offering:
Priced at $1,735,000 on a standard sale. Best deal in Venice.

MLS #:17-195358
APN #:4239-004-004

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Download Floorplan
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Download Survey

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Remarks:

Triplex in the Heart of Venice, configured as a Fourplex. Property has a converted garage being used as an Artist's Studio. Parking is on two on site driveways. Property belongs to a local Venice Artist since 2002, it is in good condition and meticulously decorated. Property will be delivered VACANT by COE. Ideal for owner user, benefit from current high rental rates from day one! Within walking distance to WholeFoods, Rose Avenue stores and restaurants. Best deal in Venice.

Units mix:

Type Bedrooms Baths Furnished Scheduled Rent
Unit 1 2 2 No $3000
Unit 2 1 1 No $1300
Unit 3 1 1 No $1300
Unit 4 1 1 No $2700

Agent Remarks:

Please see showing instructions, do not disturb occupants. Seller is selling the property in the AS IS condition. Seller has Cash for Keys Contracts executed by existing tenants and property will be delivered vacant by COE. Seller is contemplating completing a Tax Deferred Exchange at no cost or liability to the Buyer. Exclusive deal with PSM Mortgage to finance Self-employed, Artists & Independent Professionals -you can use your own too. Best deal in Venice.

Showings Remarks:

Showing dates are Thursday May 4th, Thursday May 11th and Thursday May 18th. All showings are from 11am to 3pm.

Image Gallery — Exterior

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Image Gallery — Garden

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Image Gallery — Front Unit

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Image Gallery — Second Unit (Seller’s Unit, Divided into two separate Studios)

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Image Gallery — Back Unit

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Contact:

Alejandro Szita
e-mail: aszita@sanjoinvestments.com
Direct: 858-531-7967
Office: 310-645-8700
Office Fax: 310-645-4540