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Listing 14 out of 106
$1,495,000 Pending

972 Vernon Avenue
Venice, CA 90291

4 beds | Residential Income
1,440 sq ft - MLS# 18390100
Property Photo
1/20

Description

NEW PRICE AND NOW BOTH UNITS CAN BE DELIVERED VACANT AT CLOSING !!! Duplex, 972 and 972 1/2 Vernon are two separate homes, both with unique character and privacy. The front house has vintage charm and ample outdoor space to enjoy the perfect coastal climate. The rear house was built in 1998 and enjoys a sense of privacy. In addition, it also has great outdoor living space and an attached garage. Both homes have two bedrooms, one bathroom, and are permitted. Multiple options for a new owner: investment property, live/work space, or creative compound. Great location just east of Lincoln with close proximity to Whole Foods, Abbott Kinney, eateries, and of course the beach! Front house is currently tenant occupied so please refer to showing instructions prior to setting an appointment. 48 hours notice required.

Features

  • Property Type: Residential Income
  • Sub Type: Duplex
  • Listing Status: Pending
  • County/Area: Los Angeles County
  • Zip Code: 90291
  • Year Built: 1914
  • Subdivision/Neighborhood: Venice (C11)
  • Sq.Ft.: 1,440 sq ft
  • Stories: 1-Story
  • Bedrooms: 4
  • # of Parking Spaces: 2
  • Zoning: LAR1
  • Adjusted Gross Income: 76800.00
  • Agent License Number: 01259970
  • Appliances: Garbage Disposal, Refrigerator
  • City Code: 10000052232
  • Cooking Appliances: Range
  • Cooling Type: Ceiling Fan(s)
  • Expense Total Annual: 7500.00
  • Gross Operating Income: 74496.00
  • Gross Rent Multiplier: 22.07
  • Heating Type: Central Furnace, Wall Heater
  • Lot Size SQ FT: 4808
  • Lot Size Source: Vendor Enhanced
  • Net Operating Income: 66996.00
  • Number Of Buildings: 2
  • Parking Type: Garage, On street
  • Square Footage Source: Appraiser
  • Total Floors: 1
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Partially
  • Unit Furnished03: Partially
  • Unit Furnished04: Partially
  • Unit Furnished05: Partially
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 3090.00
  • Unit Number Of Bath01: 1.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bed01: 2
  • Unit Number Of Bed02: 2
  • Units In Complex: 2
Courtesy of Compass, Daniel Shawn Lackey (CalBRE: 01259970)


Gail Mercedes Cole (310) 853-9933

The Hills Premier Realty
9595 Wilshire Blvd, Ste #900, Beverly Hills, CA 90212
Beverly Hills, CA 90212

This is not intended as a solicitation of prospective buyers or sellers who already have an exclusive agency agreement with another agent. All information deemed accurate but not guaranteed, CalDRE#00788828
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