A lush garden surrounds a charming bungalow at 315 vernon ave, featuring palm trees and vibrant greenery.

Multifamily listing

315 vernon ave

sold in

Venice

Venice Bungalow Compound by Abbot Kinney and the Beach

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, design-forward Venice multifamily asset located just steps from Abbot Kinney Blvd and a short walk to the beach. Known as The Villas of Venice, the property consists of (6) detached Craftsman bungalows originally constructed in 1906 and 1922 and thoughtfully restored to preserve historic character while introducing refined modern comforts. Set behind gated entry on a lush, resort-style parcel, 315 Vernon Ave delivers a level of privacy, architectural integrity, and coastal walkability that is increasingly difficult to replicate in the Venice multifamily market.


For Los Angeles multifamily investors and owner-users, 315 Vernon Ave represented a boutique acquisition opportunity combining irreplaceable location, curated design, and long-term appeal in one of the city’s most iconic coastal neighborhoods.

Architectural Character and Historic Restoration at 315 Vernon Ave

The defining quality of 315 Vernon Ave lies in its preservation-driven restoration approach. Each bungalow retains its original Craftsman bones while incorporating elevated finishes that feel intentional rather than overproduced. Hardwood floors, exposed wood beams, subway tile, brass fixtures, built-in breakfast nooks, and period detailing anchor the interiors, while playful design elements add warmth and personality.


One residence features a richly layered kitchen with a green color palette and a Hollywood Regency–inspired chandelier, nodding to Golden Era glamour while remaining grounded in Southern California design sensibility. The result is a collection of homes that feel authentic, livable, and visually distinctive without sacrificing functionality.

Unit Interiors, Amenities, and Livability

All (6) units at 315 Vernon Ave are equipped with modern conveniences that support long-term tenancy and owner-user appeal. Interior amenities include stainless steel appliances, in-unit washer/dryers, central air and heat, and abundant natural light that enhances the standalone bungalow layouts.


The detached configuration provides a sense of individual residence rather than traditional apartment living, a characteristic that continues to command premium demand in Venice. Shared outdoor spaces are carefully integrated throughout the property, offering multiple seating and dining areas framed by mature landscaping that reinforces the compound’s resort-like atmosphere.

Outdoor Environment and Site Configuration

The gated site plan at 315 Vernon Ave creates a secluded, courtyard-style environment rarely found this close to Abbot Kinney and the beach. Lush landscaping, winding pathways, and thoughtfully positioned communal areas encourage indoor-outdoor living while maintaining privacy between units.


This balance of connection and separation is a major contributor to the property’s appeal, particularly for tenants and buyers seeking a residential experience that feels distinct from denser Venice multifamily product.

Venice Location and Walkability

315 Vernon Ave is positioned on one of Venice’s most sought-after residential streets, just one block from Abbot Kinney Blvd and within walking distance of Venice Beach. The surrounding area offers immediate access to some of Los Angeles’ most recognizable dining, retail, and lifestyle destinations, reinforcing constant demand from tenants seeking walkability and coastal proximity.


The location places residents at the center of Venice’s cultural and creative ecosystem while preserving the quiet, residential character that makes Vernon Ave particularly desirable.

Conclusion and Sale Outcome

315 Vernon Ave stands as one of the most thoughtfully restored boutique multifamily assets to trade in Venice, blending detached bungalow living, historic craftsmanship, and premier walkability in a tightly held submarket. As part of the Golden Era Collection, the property exemplifies how intentional restoration, design clarity, and location-driven demand can converge to create lasting value.


To understand how 315 Vernon Ave was positioned, marketed, and successfully sold, view the full 315 Vernon Ave success story, which details the strategy and execution behind one of Venice’s most distinctive multifamily transactions.


6

Number of Units

1922

Year Built

4,826

SF

Square Footage

12,008

SF

Lot Size

LAR2

Zoning

315-19 Vernon Avenue
Westside / SM / Venice

Listed Price

$

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

Download the OM to view Property Highlights, Financials & Sales Comparables

Price P/ Unit

$841,667

Price p/ Sq. ft.

$1,046

Proforma Cap Rate

5.08%

Contact

Sales agent

A charming white bungalow at 315 vernon ave, with a small front porch, surrounded by greenery under a clear blue sky.
A charming white bungalow at 315 vernon ave, with a small front porch, surrounded by greenery under a clear blue sky.
A charming white bungalow at 315 vernon ave, with a small front porch, surrounded by greenery under a clear blue sky.
A charming white bungalow at 315 vernon ave, with a small front porch, surrounded by greenery under a clear blue sky.
A serene garden at 315 vernon ave with lush greenery, a large tree, and a dining table with red chairs.
A serene garden at 315 vernon ave with lush greenery, a large tree, and a dining table with red chairs.
A serene garden at 315 vernon ave with lush greenery, a large tree, and a dining table with red chairs.
A serene garden at 315 vernon ave with lush greenery, a large tree, and a dining table with red chairs.
A serene outdoor space at 315 vernon ave featuring a tree, hammocks, and a dining area with red chairs.
A serene outdoor space at 315 vernon ave featuring a tree, hammocks, and a dining area with red chairs.
A serene outdoor space at 315 vernon ave featuring a tree, hammocks, and a dining area with red chairs.
A serene outdoor space at 315 vernon ave featuring a tree, hammocks, and a dining area with red chairs.

Video

MEET THE TEAM

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.