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709 Vernon Ave, Venice, CA 90291

Sale Price: $1,600,000
Jul 8, 20242,300 sqft5 beds4 baths
License #: 02106166
Phone #: 310-910-5001
ENGEL & VÖLKERS Santa Monica
Source:
CRMLS Logo
MLS #: 24392343

Property Description

Situated in the heart of Venice Beach, 709 Vernon Avenue represents a unique investment opportunity. This property, positioned on a substantial 4,800 sq ft lot, offers significant potential for either a comprehensive remodel or a new visionary project. This two-story home features 5 bedrooms and 4 bathrooms, including 3 en-suite setups, spread across 2,300 square feet. Conveniently located near the best Venice Beach amenities found on Rose Avenue and Abbot Kinney, including a diverse array of acclaimed restaurants, cafes, boutiques, gyms, and grocery stores, this property is ideal for those looking to capitalize on the location's value. The existing structures include a two-car garage with alley access and additional parking spaces, potentially suitable for an Accessory Dwelling Unit (ADU).
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$17,163

TurboHome Estimated Value

$1,522,100

$662 sqft

High Valuation
$1,598,205
$695/sqft
Normal Valuation
$1,522,100
$662/sqft
Low Valuation
$1,445,995
$629/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$662/sqft$1,522,100

Neighborhood: Venice

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Comparative Value

$1.60M

$1.75M

$1.90M

$1.92M

$1.98M

709 Vernon Ave, Venice, CA 90291

Sale Price: $1,600,000

Selected Comparable

1414 Glenavon Ave, Venice, CA 90291

Sale Price: $1,755,000

Selected Comparable

709 Vernon Ave, Venice, CA 90291

List Price: $1,900,000

Subject Property

2439 Louella Ave, Venice, CA 90291

Sale Price: $1,920,000

Selected Comparable

2214 Glyndon Ave, Venice, CA 90291

Sale Price: $1,925,000

Selected Comparable

746 Brooks Ave, Venice, CA 90291

Sale Price: $1,975,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
709 Vernon Ave, Venice, CA 90291

709 Vernon Ave, Venice, CA 90291

List: $1,900,000

Listed: 7/8/2024

Area:2,300 sqft
Price/sqft:$826
Beds:5
Baths:4
Year Built:
Lot Size:4,802

Comparable Properties

COMPARABLE
Choose comps
709 Vernon Ave, Venice, CA 90291

709 Vernon Ave, Venice, CA 90291

Sale: $1,600,000

9/4/20240.00 mi

Area:2,300 sqft
Price/sqft:$696
Beds:5
Baths:4
Year Built:
Weight:23.1%
746 Brooks Ave, Venice, CA 90291

746 Brooks Ave, Venice, CA 90291

Sale: $1,975,000

6/25/20250.22 mi

Area:2,208 sqft
Price/sqft:$894
Beds:4
Baths:4
Year Built:
Weight:20.4%
2214 Glyndon Ave, Venice, CA 90291

2214 Glyndon Ave, Venice, CA 90291

Sale: $1,925,000

4/2/20250.96 mi

Area:2,591 sqft
Price/sqft:$743
Beds:5
Baths:4
Year Built:
Weight:20.3%
2439 Louella Ave, Venice, CA 90291

2439 Louella Ave, Venice, CA 90291

Sale: $1,920,000

6/13/20251.15 mi

Area:2,443 sqft
Price/sqft:$786
Beds:5
Baths:3
Year Built:
Weight:19.2%
1414 Glenavon Ave, Venice, CA 90291

1414 Glenavon Ave, Venice, CA 90291

Sale: $1,755,000

12/13/20240.92 mi

Area:2,584 sqft
Price/sqft:$679
Beds:5
Baths:3
Year Built:
Weight:17.0%

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