NOT LISTED FOR SALE

546 Vernon Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,007,000 - $4,652,000

3 Beds
2 Baths
1,300 Sq Ft
$2,988/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2013

Last sale price $1,425,000 $1,096 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $24,944 / mo

13 Days on Market

Highlights

  • Bungalow
  • Venice High School Rated A
  • 1-Story Property

About This Home

As of September 2013

DEVELOPMENT OPPORTUNITY the heart of Venice! This is a PRIME opportunity to develop w/ FULLY APPROVED PLANS for a stunning SFR! This City-approved residence is ready to go for a new custom home designed by Modative Architects. This project is designed to be spacious w/ 3 Bdrms/4 Baths & almost 4,000 sq.ft. of living space. Expansive & open main floor, w/ a spacious living room that flows into your kitchen, office & library. All 3 bdrms on the second floor including a large master suite. The property is vacant; the project has been approved by the California Coastal Commission; Seller has received a Mello Determination Letter from the LAHD indicating that no affordable units exist on the property; the building plans have been approved by the City. Buyer to be responsible for all permit fees. Currently a 3-unit income property and sits on a 4,800 sq.ft lot. Seconds to Abbot Kinney & the Beach! Unique and rare opportunity to develop a lucrative project in Venice!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/02/2013

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/02/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 4,800 Sq Ft Lot
  • Tear Down

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4239-002-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1300
  • Property Condition: Fixer, Tear Down
  • Stories: 1
  • Year Built: 1909
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1303.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4239-002-020
  • Geocode Override: No
  • Lot Size Area: 4800

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 1
  • Type Of Units: Bungalow

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2015
Sold by
Nhva1-X1x Llc
Bought by
Current Estimated Value
$3,920,360

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 9, 2013
Sold by
Cai Multi Unit I Llc
Bought by
Nhva1 Xix Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,695,000
Sold Price
$1,425,000
Premium/Discount to List
-$270,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Schwartz Gregory Lyle and Oldham Alice Jean
Bought by
Cal Multi Unit I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2003
Sold by
Schwartz Gregory Lyle and Oldham Alice Jean
Bought by
Schwartz Gregory Lyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.54%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Venice, CA

  • Tracey Becker Real Estate Agent - Compass

    Tracey Becker

    Compass

    (424) 374-2804

    111 Total Sales

    44 in Venice

    $1.4M - $9.5M Price Range

    Tracey Becker
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  • Sierus Erdelyi Real Estate Agent - TruLine Realty

    Sierus Erdelyi

    TruLine Realty

    (424) 374-0268

    178 Total Sales

    10 in Venice

    $1.5M - $2.8M Price Range

    Sierus Erdelyi
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  • Jeffrey Russell Real Estate Agent - Russell Realty Group

    Jeffrey Russell

    Russell Realty Group

    (626) 604-2792

    113 Total Sales

    1 in Venice

    $1,530,000 Price

    Jeffrey Russell
     Section Image
  • Raymond Dominguez Real Estate Agent - Engel & Völkers

    Raymond Dominguez

    Engel & Völkers

    (424) 359-1336

    12 Total Sales

    1 in Venice

    $8,200,000 Price

    Raymond Dominguez
     Section Image
  • Susan Kastner Real Estate Agent - Compass

    Susan Kastner

    Compass

    (424) 577-6015

    45 Total Sales

    1 in Venice

    $3,400,000 Price

    Susan Kastner
     Section Image
  • Lena Jemelian Real Estate Agent - Compass

    Lena Jemelian

    Compass

    (562) 269-1105

    9 Total Sales

    1 in Venice

    $3,300,000 Price

    Lena Jemelian
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,750,000 Fidelity Natl Title Ins Co
Nhva1 Xix Llc $1,425,000 California Title Company
Cal Multi Unit I Llc $725,007 None Available
Schwartz Gregory Lyle -- United Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,663,000
Previous Owner Cal Multi Unit I Llc $108,750
Previous Owner Cal Multi Unit I Llc $398,750
Previous Owner Schwartz Gregory Lyle $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $1,425,000 -15.9% $1,096 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $1,695,000 -- $1,304 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $39,751 $3,373,295 $2,451,771 $921,524
2025 $39,751 $3,307,158 $2,403,698 $903,460
2024 $39,321 $3,242,313 $2,356,567 $885,746
2023 $38,552 $3,178,739 $2,310,360 $868,379
2022 $36,746 $3,116,411 $2,265,059 $851,352
2021 $36,301 $3,055,306 $2,220,647 $834,659
2019 $19 $2,962,823 $2,154,782 $808,041
2018 $34,914 $2,904,730 $2,112,532 $792,198
2016 $33,454 $2,791,937 $2,030,500 $761,437
2015 $23,082 $1,921,471 $1,453,471 $468,000
2014 $17,562 $1,425,000 $1,425,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Pardee Real Estate Agent - Pardee Properties

    Seller's Agent in 2013

    Tamra Pardee

    Pardee Properties

    (310) 861-7719

    203 in this area

    762 Total Sales

    Tamra Pardee
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Map

Source: The MLS

MLS Number: 13-693461

The MLS

APN: 4239-002-020

California Los Angeles County Venice 90291 Venice

546 Vernon Ave, Venice, CA

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The MLS © 2026 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.
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