315 Vernon Avenue Venice, CA $ 5,850,000
315 Vernon Avenue
$ 5,850,000
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315 Vernon Avenue

Venice, CA, 90291
$ 5,850,000
Bedrooms11 Baths8.0 Sq 4,826

Monthly Estimate*

$ 40,864

Listed by Compass
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Multi-Family Home for sale in Venice, CA

for $5,850,000 with 11 bedrooms and 8 full baths. This 4,826 square foot home was built in 1922 on a lot size of 0.2757.

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.

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Multi-Family Active

Price

$ 5,850,000

Bedrooms

11

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2757

Year Built

1922

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

24357403

Days on Market

77

Features
General
Heating WallFurnace
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning LARD1.5
Security Features GatedCommunity KeyCardEntry
Year Built 1922
View None
Stories 2
Levels Two
Gross Income 363574.0
Community Features Gated
County Los Angeles
Net Operating Income 240864.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
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.
City Venice
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C11 - Venice
Lot Size Square Feet 12008.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Vernon
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 42
Standard Status Active
Occupancy Description Tenant
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Interior
Flooring Tile Wood
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 11
Electric On Property Y/N N
Total Baths 8
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Exterior
Parking Features DoorMulti Garage SideBySide Uncovered
Total Parking 8.0
Lot Size Area 12008.0
Number of Buildings 5
Spa N
Building Area Total 4826.0
Lot Size Acres 0.2757
Lot Size Units SquareFeet
Lot Size Source Other
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Compass

Broker

(310) 968-7005

Phone

Affordability Calculator

$40,864
Per Month
100%
0%
0%
Monthly Principal & Interest
$40,864
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2024$5,850,000 Listed Price

Map


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315 Vernon Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $5,850,000 with 4,826 sqft and a lot size of 0.2757. 315 Vernon Avenue has 11 bedrooms, 8.0 baths, and was built in 1922. The property's zip code is 90291 which is in Venice, CA