$1,790,000
-$107,000659 Vernon Avenue, Venice CA 90291
Multi-Family (4 Units)
Property type
42 days
On market
$767
Price per sqft
N/A
Garage
1910
Year built
4,803 sqft
Lot size
Home highlights
Open Houses
Overview
*** Contact for additional photos, videos and Info*** 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 ( 2/1, 1/1, 1/1 Bed-Bath ). All units have been renovated with new floors, new appliances,...
Listing provided by: Michael Irvine DRE #01839544 310-435-3093, Compass
Listing updated: Jun 1, 2026 at 04:18pm.
Last checked: Jun 3, 2026 at 12:01am
Source: CRMLS #26771959
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $4,122 | $0 | $4,122 | Unfurnished |
| 1 | 2 | 1 | — | $2,669 | $2,669 | $2,700 | Unfurnished |
| 1 | 1 | 1 | — | $2,345 | $0 | $2,345 | Unfurnished |
| 1 | 1 | 1 | — | $2,197 | $2,197 | $2,197 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Dishwasher: 4
Disposal: 4
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.2x
List Price / Annual Gross Rent
Cap Rate
5.7%
NOI / List Price
Net Operating Income: $101,921
Interior
Interior Features: Ceiling Fans
Room Type: Living Room
Flooring: Tile, Vinyl
Heating: Wall Furnace
Appliances: Built In, Dishwasher, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer
Fireplace: None
Laundry: Common Area, Dryer Included, Washer Included
Accessibility: None
Entry Location: Living Room
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Foundation: Block, Raised
Window Features: Double Pane Windows, Screens
Construction Materials: Frame
Property Condition: Updated Remodeled
Common Walls: No Common Walls
Direction Faces: South
Security Features: Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Lot Features: Front Yard
Pool: None
Spa: None
Water Source: Public
Sewer: Other
View: City Lights
Patio and Porch Features: Rear Porch, Enclosed, Front Porch
Garage and Parking
Parking: Carport, Side By Side
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4240013025
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 659 Vernon Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,432,000
Total Interest
$1,826,437
Total Payment
$3,258,437
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,066
per month
Property History for 659 Vernon Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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