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315 Vernon Ave
Venice, CA 90291
Venice Bungalow Compound by Abbot Kinney Blvd · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Craftsman bungalow compound, featuring 6 units on a 12,008 SF resort-like lot, blocks from Abbot Kinney & 0.5 miles from Venice Beach
  • Each bungalow was masterfully restored to showcase classic Craftsman bungalow architecture while adding a fun eclectic design twist
  • Interiors were upgraded with hardwood floors, stainless-steel appliances, wall A/C and heating units, and an in-unit washer and dryer
  • 12,008 SF expansive resort-style lot with communal outdoor areas, manicured gardens, lush foliage, firepits, and tall mature trees
  • Classic Hollywood Golden era accents include deep green colored cabinets, brass hardware, subway tiles in the kitchen and bathroom, and bay windows.
  • 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
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 $5,616 -
2+2 1 $5,720 -
2+1 2 $5,350 -
1+1.5 1 $4,467 -
1+1 1 $3,795 -

Property Taxes

Property Taxes

Parcel Number
4286-007-006
Land Assessment
$2,187,291
Improvements Assessment
$710,868
Total Assessment
$2,898,159
  • Listing ID: 30939598

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 315 Vernon Ave, Venice, CA 90291

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