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315 Vernon Ave, Venice, CA 90291
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315 Vernon Ave Venice, CA 90291

$5,850,000
  • 11 Beds
  • 8 Baths
  • 4,826 Sq.Ft.
For Sale
$5,850,000 Get Pre-Qualified
Map preview of 315 Vernon Ave, Venice, CA 90291

Property Overview: 315 Vernon Ave Venice, CA has 11 bedrooms, 8 bathrooms, 4,826 living square feet and 12,008 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The Villas of Venice are an eclectic collection of 6 masterfully Craftsman bungalows built in 1906 & 1922 and completely restored to their original charm. Set on an idyllic resort-like lot, creating a private hideaway yet located steps from Venice Beach and Abbot Kinney Blvd. Each bungalow was masterfully restored to showcase classic Craftsman bungalow architecture while adding a fun eclectic design twist. Classic Hollywood Golden era accents including deep green colored cabinets, brass hardware, and a Hollywood Regency style chandelier add a true retro glamour factor to one of the restored kitchens. The extensive use of subway tiles in kitchens and baths creates a retro vibe for today. Breakfast nooks and window seats make these the perfect casual beach bungalows. Each bright and spacious unit features hardwood floors, exposed beams, and ornate detailing in the kitchen and bathroom. Unit interiors include stainless steel appliances, central A/C, and heat, and in-unit washer and dryer. Shared outdoor living space creates community here. The Villas of Venice is part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations.

Listed by Kenny Stevens | BRE #01090251 | Compass
Co-listed by Alyson Richards | BRE #02106597 | Compass
Last checked: 1 minute ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 61
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Home details

Lot Sq. Ft
12,008
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24357403
City
Venice
County
Los Angeles
Time on Site
67 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,616
  • Total Rent: $5,616
  • Pro Forma/Market Rent: $5,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,720
  • Total Rent: $5,720
  • Pro Forma/Market Rent: $5,775
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $5,350
  • Total Rent: $10,700
  • Pro Forma/Market Rent: $10,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,467
  • Total Rent: $4,467
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,795
  • Total Rent: $3,795
  • Pro Forma/Market Rent: $3,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.09
  • Gross Scheduled Income: --
  • Net Operating Income: $240,864
  • Gross Operating Income: $354,484
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 315 Vernon Ave

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Property Details for 315 Vernon Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Card/Code Access, Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage - Two Door, Side by Side, Uncovered
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Total # of Units: 6
  • Parcel Number: 4286007006
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The Villas of Venice are located 0.3 miles from Abbot Kinney & 0.5 miles from Venice Beach. The subject property is located 2 blocks south of Rose Ave. and 1 block east of Main St.
View more facts & features

Local Venice Agent

Sale History for 315 Vernon Ave

Last leased for $5,500 on November 15th, 2023

  • February, 2024

  • Feb 12, 2024

    Date

    Active

    CRMLS: 24357403

    $5,850,000

    Price

  • November, 2023

  • Nov 15, 2023

    Date

    Leased

    CRMLS: 23332529

    $5,500

    Price

  • Nov 5, 2023

    Date

    Active

    CRMLS: 23332529

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled with the finest care and highest quality, this charming Venice Beach home is located just 4 blocks away from the ocean. The complex has only 6 homes. A gated secure entry opens onto a garden. Upon entering the welcoming living room, the open space flows through the dining room, kitchen, and nook area. It features designer finishes, brand-new appliances, sleek white quartz countertops, hardwood floors throughout, a 24/7 security system, a washer and dryer, and a private garage. There are no shared walls, nor is there another unit above. Enjoy dreamy nights under the stars around the fire pit while entertaining in the magical landscaped garden. Enjoy proximity to Gjusta Caffe, Gold's Gym, Whole Foods, restaurants & boutiques on Abbot Kinney and more.

  • November, 2023

  • Nov 2, 2023

    Date

    Expired

    CRMLS: 22218253

    $5,750,000

    Price

  • Nov 14, 2022

    Date

    Active

    CRMLS: 22218253

    $6,000,000

    Price

  • Listing provided courtesy of CRMLS

    The Villas of Venice are an eclectic collection of 6 masterfully Craftsman bungalows built in 1906 & 1922 and completely restored to their original charm. Set on an idyllic resort-like lot, creating a private hideaway yet located steps from Venice Beach and Abbot Kinney Blvd. Each bungalow was masterfully restored to showcase classic Craftsman bungalow architecture while adding a fun eclectic design twist. Classic Hollywood Golden era accents including deep green colored cabinets, brass hardware, and a Hollywood Regency style chandelier add a true retro glamour factor to one of the restored kitchens. The extensive use of subway tiles in kitchens and baths creates a retro vibe for today. Breakfast nooks and window seats make these the perfect casual beach bungalows. Each bright and spacious unit features hardwood floors, exposed beams, and ornate detailing in the kitchen and bathroom. Unit interiors include stainless steel appliances, central A/C, and heat, and in-unit washer and dryer. Shared outdoor living space creates community here. A part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations. Please refer to the agent remarks for more information.

  • December, 2021

  • Dec 15, 2021

    Date

    Leased

    CRMLS: 21107159

    $3,800

    Price

  • Nov 22, 2021

    Date

    Active

    CRMLS: 21107159

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled with the finest care and highest quality, this charming Venice Beach home, is located just 4 blocks away from the ocean. Gated secure entry opens onto a garden. Upon entering the welcoming living room, the open space flows through the dining room and kitchen areas. It also has a bonus room that can be used as home office. It features designer finishes, brand new appliances, quartz countertops, hardwood floors throughout, recessed lighting, rain shower, 24/7 security system, washer and dryer. Enjoy dreamy nights under the stars around the fire pit entertaining in the magical landscaped garden. No common walls nor other unit above. Enjoy close proximity to Gjusta Caffe, Gold's Gym, Whole Foods, restaurants and more.

  • June, 2021

  • Jun 15, 2021

    Date

    Leased

    CRMLS: 20636450

    $3,800

    Price

  • May 27, 2021

    Date

    Price Change

    CRMLS: 20636450

    $3,800

    Price

  • Dec 8, 2020

    Date

    Price Change

    CRMLS: 20636450

    $4,250

    Price

  • Nov 18, 2020

    Date

    Price Change

    CRMLS: 20636450

    $4,500

    Price

  • Oct 21, 2020

    Date

    Price Change

    CRMLS: 20636450

    $5,000

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: 20636450

    $5,200

    Price

  • Listing provided courtesy of CRMLS

    Step inside The Villas of Venice, a private hideaway with unique touches rarely seen in a rental property. The one bedroom, one bathroom unit features designer finishes, brand new appliances, private garage, beautiful fire pit and 24/7 security system. The property boasts one of the largest green courtyards in Venice. And all is walking distance to the beach and the famed restaurants and boutiques on Abbot Kinney. THIS WILL NOT LAST. Please callto scheduleashowing! You'll soon be sitting in your private oasis enjoying morning drink and breakfast from Gjusta Cafe next door. MOVE-IN SPECIAL monthly discount of $300 off first 3 months.

  • May, 2021

  • May 15, 2021

    Date

    Leased

    CRMLS: 20636464

    $4,300

    Price

  • Dec 8, 2020

    Date

    Price Change

    CRMLS: 20636464

    $4,500

    Price

  • Nov 18, 2020

    Date

    Price Change

    CRMLS: 20636464

    $4,850

    Price

  • Oct 21, 2020

    Date

    Price Change

    CRMLS: 20636464

    $5,300

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: 20636464

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Step inside The Villas of Venice, a private hideaway with unique touches rarely seen in a rental property. The one bedroom, one and a half bathroom unit features designer finishes, brand new appliances, private garage, beautiful fire pit and 24/7 security system. The property boasts one of the largest green courtyards in Venice. And all is walking distance to the beach and the famed restaurants and boutiques on Abbot Kinney. THIS WILL NOT LAST. Please callto scheduleashowing! You'll soon be sitting in your private oasis enjoying morning drink and breakfast from Gjusta Cafe next door. MOVE-IN SPECIAL monthly discount of $300 off first 3 months.

  • April, 2021

  • Apr 4, 2021

    Date

    Leased

    CRMLS: 20636474

    $5,000

    Price

  • Dec 13, 2020

    Date

    Price Change

    CRMLS: 20636474

    $5,000

    Price

  • Nov 18, 2020

    Date

    Price Change

    CRMLS: 20636474

    $5,500

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: 20636474

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    Step inside The Villas of Venice, a private hideaway with unique touches rarely seen in a rental property. The two bedroom, one bathroom unit features designer finishes, brand new appliances, private garage, beautiful fire pit and 24/7 security system. The property boasts one of the largest green courtyards in Venice. And all is walking distance to the beach and the famed restaurants and boutiques on Abbot Kinney. THIS WILL NOT LAST. Please callto scheduleashowing! You'll soon be sitting in your private oasis enjoying morning drink and breakfast from Gjusta Cafe next door. MOVE-IN SPECIAL monthly discount of $300 off first 3 months.

  • January, 2020

  • Jan 9, 2020

    Date

    Sold

    CRMLS: 19438954

    $5,300,000

    Price

  • Dec 16, 2019

    Date

    Pending

    CRMLS: 19438954

    $5,900,000

    Price

  • Nov 9, 2019

    Date

    Active Under Contract

    CRMLS: 19438954

    $5,900,000

    Price

  • Mar 4, 2019

    Date

    Active

    CRMLS: 19438954

    $5,900,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER AS A COMBINED SALE - 12006 SQ.FT. LOT- LARD1.5 ZONING. Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Adjacent property at 319 Vernon Avenue APN# 4286-007-007 has one detached cottage facing Vernon Avenue & a Two story - 2 unit building in back. Three outside parking spaces and one coin-op laundry room. Great properties for owner/user or future development. ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. Buyer to do their own due diligence regarding possibilities for development. Sq.Ft. indicated for land & buildings is the total as per assessor for both properties combined.

  • January, 2020

  • Jan 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,650,000

    Price

  • March, 2019

  • Mar 4, 2019

    Date

    Canceled

    CRMLS: 19439448

    --

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER AS A COMBINED SALE - 12006 SQ.FT. LOT- LARD1.5 ZONING. Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Adjacent property at 319 Vernon Avenue APN# 4286-007-007 has one detached cottage facing Vernon Avenue & a Two story - 2 unit building in back. Three outside parking spaces and one coin-op laundry room. Great properties for owner/user or future development. ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. Buyer to do their own due diligence regarding possibilities for development. Sq.Ft. indicated for land & buildings is the total as per assessor for both properties combined.

  • January, 2019

  • Jan 14, 2019

    Date

    Expired

    CRMLS: 18363014

    $5,900,000

    Price

  • Oct 15, 2018

    Date

    Withdrawn

    CRMLS: 18363014

    $5,900,000

    Price

  • Jul 13, 2018

    Date

    Active

    CRMLS: 18363014

    $5,900,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER AS A COMBINED SALE - 12006 SQ.FT. LOT- LARD1.5 ZONING. Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Adjacent property at 319 Vernon Avenue APN# 4286-007-007 has one detached cottage facing Vernon Avenue & a Two story - 2 unit building in back. Three outside parking spaces and one coin-op laundry room. Great properties for owner/user or future development. ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. Buyer to do their own due diligence regarding possibilities for development. Sq.Ft. indicated for land & buildings is the total for both properties combined.

  • July, 2018

  • Jul 12, 2018

    Date

    Canceled

    CRMLS: 18316310

    $5,900,000

    Price

  • Feb 26, 2018

    Date

    Active

    CRMLS: 18316310

    $5,900,000

    Price

  • Listing provided courtesy of CRMLS

    Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Cottage 315 Vernon offers 1 bedroom, 1.5 baths & is in the process of being updated (approx 672 sq.ft.). Cottage 317 Vernon Ave., updated 2 bedrooms, 1 bath (approx 848 sq.ft.). Cottage 315 1/2 Vernon Ave. 1 bedroom, 1.5 bath, fully renovated with top of the line fixtures & one car attached private garage (approx. 570 sq.ft.). Great property for either owner/user or future development. All units will be delivered vacant. Property to be sold combined with 319 Vernon Avenue APN# 4286-007-007.

  • July, 2018

  • Jul 12, 2018

    Date

    Canceled

    CRMLS: 18319100

    $5,900,000

    Price

  • Mar 2, 2018

    Date

    Active

    CRMLS: 18319100

    $5,900,000

    Price

  • Listing provided courtesy of CRMLS

    Charming courtyard compound close to the beach, restaurants, shops and other popular Venice amenities. Property at 315 Vernon Avenue offers 3 detached cottages and 4 car garage attached to the front cottage. Cottage 315 Vernon offers 1 bedroom, 1.5 baths & is in the process of being updated (approx 672 sq.ft.). Cottage 317 Vernon Ave., updated 2 bedrooms, 1 bath (approx 848 sq.ft.). Cottage 315 1/2 Vernon Ave. 1 bedroom, 1.5 bath, fully renovated with top of the line fixtures & one car attached private garage (approx. 570 sq.ft.). Great property for either owner/user or future development. All units will be delivered vacant. Property to be sold combined with 319 Vernon Avenue APN# 4286-007-007.

  • August, 2016

  • Aug 9, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 315 Vernon Ave

Assessed Value (2020): $2,161,615
Year Land Value Improved Value Assessed Value
2020 $1,948,377 $213,238 $2,161,615

Home Value Compared to the Market

This property vs the competition

315 Vernon Ave is listed 125.09% higher than the median list price for the city of Venice which has a median list price of $2,599,000. The median price per/sqft for Venice is $1,264 and this home is listed at $1212.18 per/sqft which puts the price per square foot 4.1% lower than the median price per square foot for the city of Venice.

About 315 Vernon Ave

Detailed summary of property

315 Vernon Ave is a multi family located in Venice, CA 90291 and is currently for sale. This multi family property offers 11 bedrooms, 8 bathrooms, roughly 4,826 living square feet, and sits on an approximately 12,008 square foot lot. 315 Vernon Ave was first listed on ArdentRealEstateGroup.com on February 12, 2024. The homeowner is currently asking $5,850,000. The median priced home in Venice is $2,599,000 with a median price per square foot of $1,264. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 125.09% higher than the median priced home. Local competing homes currently for sale include 955 N Croft Ave, 7815 Melrose Ave and 211 S Poinsettia Pl. While the average home in Venice, CA is selling in 106 days, 315 Vernon Ave has a days on market of 61 days. There are currently 141 homes for sale in the Venice real estate market and 127 of them are single family homes while 10 of them are condos and 4 are townhomes. For more information on this home for sale at 315 Vernon Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 315 Vernon Ave

Public county record property details
Beds
5
Baths
3
Year built
1922
Sq. Ft.
2,090
Lot Size
6,004
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4286-007-006

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,650,000
Median List Price/Sq.Ft.
$1,289
Median Sold Price
$2,302,000
Median Sold Price/Sq.Ft.
$1,423
Total Inventory
137
Median Sale to List Price %
92.26%
Avg Days on Market
77
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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