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315 Vernon Ave
Venice, CA 90291
Turnkey Venice Beach Bungalow Community · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Eclectic collection of 6 masterfully restored Craftsman bungalows on an idyllic resort-like lot, located steps from Venice Beach and Abbot Kinney Blvd
- 12,008 SF expansive resort-like lot featuring perfectly manicured gardens, lush foliage and tall mature trees
- Each unit features hardwood floors, exposed beams, stainless-steel appliances, wall A/C and heat unit(s), and a stackable washer/dryer
- Villas of Venice are located 0.5 miles from Venice Beach and 0.3 miles from Abbot Kinney (1 block east of Main St. and 2 blocks south of Rose Ave.)
- Fun and luxurious units reside among private and communal outdoor spaces and a lush garden courtyard
- Villas of Venice is a part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations
Property Facts
| No. Units | 6 | Building Size | 4,826 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1922/2018 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | RD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,826 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2018 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | RD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Microwave
- Washer/Dryer
- Security System
- Tile Floors
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Family Room
- Framed Mirrors
- Freezer
- Garden
- Porch
Site Amenities
- 24 Hour Access
- Courtyard
- Security System
- Zen Garden
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $5,400 | - |
| 2+2 | 1 | $5,500 | - |
| 2+1 | 2 | $5,000 | - |
| 1+1.5 | 1 | $4,295 | - |
| 1+1 | 1 | $3,795 | - |
Property Taxes
| Parcel Number | 4286-007-006 | Improvements Assessment | $710,868 |
| Land Assessment | $2,187,291 | Total Assessment | $2,898,159 |
Property Taxes
Parcel Number
4286-007-006
Land Assessment
$2,187,291
Improvements Assessment
$710,868
Total Assessment
$2,898,159
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