9 months on rocket

315 Vernon Ave, Venice, CA, 90291

$5,400,000

11 Bedrooms
8 Baths
4,826 SqFt
$1,119/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage, Side By Side, Uncovered
Year Built1922
HeatingWall Furnace
ViewNone
MLS #24357403
Lot Size0.28 Acres
StatusActive

About 315 Vernon Ave

*** 3rd Price Reduction - $750,000 from original listed price *** 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.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 4,826 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Kenny Stevens

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Door-Multi, Garage, Side By Side, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,400,000
  • Price Per SqFt: $1,119/SqFt

Tax Information:

  • Annual Amount: $34,503
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

315 Vernon Ave vs Los Angeles

295 DAYS ON ROCKET

+257 Days

$5,400,000

+$4.3M More

$1,119/SqFt

+$479 More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $479/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24357403

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Kenny Stevens

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 08, 2020Home Sold
$2,650,000
Dec 11, 2015Home Sold
$1,997,000

Tax History

YEARPROP. TAXASSESSMENT
2021$34,503$2,677,454
2020$25,320$2,161,615
2019$25,157$2,119,231
2018$24,609$2,077,678
2017$24,609$2,036,940

History based on county public records data.

Payment Calculator

$27K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3821141
5
/10
  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-3821142
8
/10
  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-3821143
6
/10
  • Will Rogers Learning Community

  • 2401 14th St

  • 1.22 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,840. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 315 Vernon Ave

What is the listing price of this property?

The listing price of 315 Vernon Ave property is $5,400,000.

What type of property is this?

The property 315 Vernon Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 315 Vernon Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,503 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 8, 2020 for $2,650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 315 Vernon Ave has 11 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 315 Vernon Ave is 4,826 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 315 Vernon Ave is 1922.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90291315 Vernon Ave

This home is located at 315 Vernon Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 4,826 square foot home, which was built in 1922, sits on a 0.28 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $5,400,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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