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$5,850,000   Price Analysis
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315 Vernon Ave
Venice, CA 90291
11 bed 9 bath 4,826 SqFt ($1212/SqFt)
0.28 acre lot. Built 1922
Listed 2024-02-12
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

The Villas of Venice are an eclectic collection of 6 masterfully Craftsman bungalows built in 1906 and 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 mastrfully 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 m ake these the perfect casual beach bungalows. Each bright and open 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.


Presented by Kenny Stevens at
COMPASS.


Property MLS #24-357403 from TheMLSCLAW

Bedrooms: 11

Total Bathrooms: 8.5
Full Bathrooms: 8
1/2 Bathrooms: 1

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Wall Unit(s)
Heating Features: Wall

Flooring: Wood, Tile

Lot Size Acres: 0.2756657
Lot Size Square Feet: 12008

Garage Spaces: 2
Garage Description: Garage - 2 Car, Side By Side, Uncovered
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 5
Number of Units: 6
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 5900, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 5775, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 10800, 4 BedsTotal: 1, 4 BathsTotal: 1.5, 4 SquareFeet: 4500, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 3995

Source Listing Status: Active
County: Los Angeles
Cross Street: Hampton Dr. & Vernon Ave.
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.
Source Property Type: Residential Income
Area: Venice
Source Neighborhood: Venice
Parcel Number: 4286-007-006
Postal Code Plus 4: 2636
Zoning: LARD1.5
Source System Name: C2C

Listed 2024-02-12
$5,850,000
TheMLSCLAW
Listing removed 2024-01-25
$3,600
TheMLSCLAW
Listing removed 2023-11-07
$0
TheMLSCLAW
Price Changed 2023-09-20
$5,750,000
TheMLSCLAW
Price Changed 2023-04-04
$5,900,000
TheMLSCLAW
Listed 2022-11-15
$6,000,000
TheMLSCLAW

Net Operating Income: 240864

Total Square Feet Living: 4826
Year Built: 1922
Levels: Two Level
Property Age: 102
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
House Style: California Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: California Bungalow

Other Equipment: Built-Ins, Dishwasher, Dryer, Washer, Garbage Disposal, Range/Oven, Hood Fan, Refrigerator
Security Features: Card/Code Access, Gated

Westminster Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 1.6 miles away.
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Venice Senior High School is a public high school located approximately 1.8 miles away.
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Acton Academy Venice Beach is a private elementary, middle and high school located approximately 0.3 miles away.
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Ecole Claire Fontaine is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.