
Closed Listing
Venice Bungalow Compound by Abbot Kinney and the Beach
315 vernon ave
sold in
Venice
Sold At
$
5,050,000
6
Number of Units
1922
Year Built
4,826
SF
Square Footage
12,008
SF
Lot Size
LAR2
Zoning
315-19 Vernon Ave, Venice, CA 90291
About the Property
315 Vernon Ave is a rare and artfully curated Venice multifamily jewel just steps from Abbot Kinney and Venice Beach. Known as “The Villas of Venice,” this collection of six detached Craftsman bungalows—originally constructed in 1906 and 1922—has been masterfully restored with a design-forward approach that blends timeless Southern California architecture with Golden Era Hollywood glamor. Set behind gates on a lush, resort-like parcel, this compound offers a rare mix of privacy, charm, and irreplaceable location.
Each of the six units at 315 Vernon Ave has been meticulously upgraded while preserving the craftsmanship and character that make these homes so iconic. Interiors feature classic elements like hardwood floors, exposed wood beams, subway tile, brass hardware, and built-in breakfast nooks, accented by playful design details that add whimsy and warmth. One of the kitchens showcases a rich green palette and a Hollywood Regency-style chandelier, infusing the space with vintage sophistication.
Unit amenities include stainless steel appliances, in-unit washer/dryers, central air and heat, and ample natural light that enhances the bungalow layouts. Shared outdoor living spaces foster a sense of community and connection, offering multiple seating and dining areas framed by mature landscaping.
Positioned on one of Venice’s most sought-after streets, 315 Vernon Ave is located just a block from Abbot Kinney’s iconic shops and eateries and a short stroll from the beach. For investors or owner-users looking to acquire a boutique, fully restored Los Angeles multifamily property in a premier coastal neighborhood, this offering stands out as a design-driven opportunity in an unbeatable location.
Part of the Golden Era Collection—four impeccably restored historic multifamily assets in prime Los Angeles neighborhoods—315 Vernon Ave offers a unique blend of storybook charm, walkability, and long-term value in the heart of Venice multifamily living.
315-19 Vernon Avenue
Westside / SM / Venice
Offering Price
$5,050,000
Number of Units
6 Units
Price per. Unit
$841,667
Bldg. Size
4,826 SF
Price per Foot
$1,046
Lot Size
12,008 SF
Year Built
1922
Current CAP
4.95%
Market CAP
5.08%
Zoning
LAR2
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$841,667
Price p/ Sq. ft.
$1,046
Proforma Cap Rate
5.08%




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