315 Vernon Ave Venice, CA 90291
Venice Neighborhood
11
Beds
8.5
Baths
4,826
Sq Ft
0.28
Acres
Highlights
- 12,008 Sq Ft lot
- Wood Flooring
- Side by Side Parking
- Venice High School Rated A
- Built-In Features
- Card or Code Access
About This Home
As of May 2025*** 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
Home Type
- Multi-Family
Est. Annual Taxes
- $34,491
Year Built
- Built in 1922 | Remodeled
Lot Details
- 0.28 Acre Lot
- Gated Home
Home Design
- Bungalow
Interior Spaces
- 4,826 Sq Ft Home
- 1-Story Property
- Built-In Features
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 8.5 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Side by Side Parking
- Uncovered Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 4286-007-006
Community Details
Overview
- 5 Buildings
- 6 Units
Additional Features
- Rent Control
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2024
Closed on
Apr 17, 2025
Sold by
Tan Mb Llc
Bought by
On Solid Ground Llc
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Kenny Stevens
Compass
List Price
$5,400,000
Sold Price
$5,050,000
Premium/Discount to List
-$350,000
-6.48%
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$763,667
Avg. Annual Appreciation
-42.10%
Original Mortgage
$2,730,000
Outstanding Balance
$2,722,797
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$1,563,536
Purchase Details
Listed on
Mar 4, 2019
Closed on
Nov 12, 2019
Sold by
315 Vermon Avenue Llc
Bought by
Tan Holding Corp
Seller's Agent
Rita Nickels
Compass
Buyer's Agent
Sarita Payne
Compass
List Price
$5,900,000
Sold Price
$5,300,000
Premium/Discount to List
-$600,000
-10.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.90%
Purchase Details
Closed on
Jun 28, 2016
Sold by
Tapia John Richard
Bought by
315 Vernon Avenue Llc
Purchase Details
Listed on
Nov 20, 2015
Closed on
Nov 30, 2015
Sold by
Schroeder Lynne and Errol Jacobs Trust
Bought by
Tapia John Richard
Seller's Agent
Gary Dempsey
Harcourts Hunter Mason Realty
Buyer's Agent
Rita Nickels
Compass
List Price
$1,600,000
Sold Price
$1,997,000
Premium/Discount to List
$397,000
24.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Similar Home in Venice, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,050,000 | Monarch Title | |
| Grant Deed | -- | Monarch Title | |
| Grant Deed | $2,650,000 | Lawyers Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,997,000 | Pacific Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,730,000 | New Conventional | |
| Previous Owner | $333,700 | Unknown | |
| Previous Owner | $300,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $5,050,000 | -6.5% | $1,046 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 09/26/2024 09/26/24 | For Sale | $5,400,000 | 0.0% | $1,119 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | Price Changed | $5,400,000 | -5.3% | $1,119 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $5,700,000 | -2.6% | $1,181 / Sq Ft |
| 02/12/2024 02/12/24 | For Sale | $5,850,000 | 0.0% | $1,212 / Sq Ft |
| 02/01/2021 02/01/21 | Rented | $4,300 | -4.4% | -- |
| 12/07/2020 12/07/20 | Price Changed | $4,500 | -7.2% | $7 / Sq Ft |
| 11/18/2020 11/18/20 | Price Changed | $4,850 | -8.5% | $7 / Sq Ft |
| 10/21/2020 10/21/20 | Price Changed | $5,300 | -3.6% | $8 / Sq Ft |
| 09/22/2020 09/22/20 | For Rent | $5,500 | 0.0% | -- |
| 01/09/2020 01/09/20 | Sold | $5,300,000 | -10.2% | $1,098 / Sq Ft |
| 11/09/2019 11/09/19 | Pending | -- | -- | -- |
| 03/04/2019 03/04/19 | For Sale | $5,900,000 | +195.4% | $1,223 / Sq Ft |
| 12/11/2015 12/11/15 | Sold | $1,997,000 | +24.8% | $956 / Sq Ft |
| 11/25/2015 11/25/15 | Pending | -- | -- | -- |
| 11/02/2015 11/02/15 | For Sale | $1,600,000 | -- | $766 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $34,491 | $2,898,159 | $2,187,291 | $710,868 |
| 2024 | $34,491 | $2,841,333 | $2,144,403 | $696,930 |
| 2023 | $33,818 | $2,785,621 | $2,102,356 | $683,265 |
| 2022 | $32,236 | $2,731,002 | $2,061,134 | $669,868 |
| 2021 | $34,503 | $2,677,454 | $2,020,720 | $656,734 |
| 2020 | $26,327 | $2,161,615 | $1,948,377 | $213,238 |
| 2019 | $25,320 | $2,119,231 | $1,910,174 | $209,057 |
| 2018 | $25,158 | $2,077,678 | $1,872,720 | $204,958 |
| 2016 | $24,078 | $1,997,000 | $1,800,000 | $197,000 |
| 2015 | $5,403 | $430,074 | $344,836 | $85,238 |
| 2014 | $5,440 | $421,651 | $338,082 | $83,569 |
Source: Public Records
Agents Affiliated with this Home
-
Kenny Stevens
Seller's Agent in 2025
Kenny Stevens
Compass
(424) 284-4453
3 in this area
42 Total Sales
-
Alyson Richards
Seller Co-Listing Agent in 2025
Alyson Richards
Compass
(310) 617-7179
7 in this area
43 Total Sales
-
N
Seller's Agent in 2021
Nikola Kretschmann
Figure 8 Realty
-
Michael Rachlis
Seller Co-Listing Agent in 2021
Michael Rachlis
Compass
(310) 600-9345
14 Total Sales
-
Rita Nickels
Seller's Agent in 2020
Rita Nickels
Compass
(310) 418-0323
11 Total Sales
-
Sarita Payne
Buyer's Agent in 2020
Sarita Payne
Compass
(310) 927-5987
20 Total Sales
Map
Source: The MLS
MLS Number: 24-357403
APN: 4286-007-006
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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