659 Vernon Ave - Apartments FOR SALE


Venice, CA 90291
$1,790,000 USD
310-435-3093
659 Vernon Ave, Venice, CA for Sale
$1,790,000 USD
Apartments - FOR SALE
1/24
null | 5.69% Cap Rate

659 Vernon Ave
Venice, CA 90291


HIGHLIGHTS

  • Excellent Location
  • Well Maintained Building
  • Good Mix Of Units

OVERVIEW

Remodeled and well maintained four-unit building located in an excellent Venice location. Totaling 2,334 SF on a 4803 SF lot, this updated Quadruplex building consists of one 2/1 house at front of property and three units in the rear ( 2/2, 1/1, 1/1 Bed-Bath ). All units have been renovated with new floors, new appliances, remodeled bathrooms and kitchens.  Additional upgrades to the building include plumbing, electrical, some newer windows, new roofing, Further features include 4 carport spaces with storage, as well shared back yard and private front yard. This is a wonderful investment property, in a great neighborhood. ** Two units including front house delivered vacant **Contact for more information, photos and videos**

FOR SALE DETAILS

PRICE

$1,790,000 USD

PRICE/SF

$767 USD /SF

# OF UNITS

4

PRICE/UNIT

$447,500

CAP RATE

5.69%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,803 SF

ZONING

LARD1.5

APN/PARCEL ID

4240-013-025

ASK ABOUT THIS PROPERTY

Michael IrvineCompassMore Info
310-435-3093

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Michael IrvineCompassMore Info
310-435-3093

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.