December 10, 2024 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Billionaire Tech Duo Spends Nearly $10 Million on Two Side-by-Side Venice Homes

Tech entrepreneurs Zach Perret and Afton Vechery buy side-by-side homes in Venice for nearly $10 million

By Dolores Quintana

More tech moguls have moved into Venice’s prime neighborhood, with purchases that were transacted in 2022 as reported by The Dirt.com. It was the rich tech entrepreneurs who started the latest wave of gentrification in Venice, a city at odds with itself over the issue of the unhoused residents who stay on its streets. 

Entrepreneurs, Zach Perret and Afton Vechery have purchased two mansions that sit right next to each other for a total of $10 million. Perret is the founder of Plaid, a technology platform that enables applications to connect with users’ bank accounts. He’s worth $1.5 billion. Vechery is the co-founder of Modern Fertility, which is a company that advises women on reproductive issues, like fertility, ovulation cycles and hormones related to pregnancy through at-home testing. 

The two estates couldn’t be more different, the first was designed by Robert Thibodeau, a respected local architect, and is termed an “organic modern” home that was built in 2014 and the other is a Craftsman bungalow from 1913. Between the two homes, Vechery and Perrett have seven bedrooms, eight bathrooms and parking for five cars which might be part of the reason why the pair purchased both of the homes. Parking is one of the most elusive amenities in Venice. 

The modern organic home, which was the first home that they bought, has glass walls and bathrooms made of marble, is hidden behind gates and walls with vaulted ceilings and a separate studio, a private patio, and its own bathroom. The Craftsman, which was acquired only months after the first home, has been renovated and now has an all-white kitchen stocked with Viking appliances. The renovations did leave the spirit of the Craftsman’s built-in decor.

Related Posts

Man Arrested for Murder of UnitedHealthcare CEO in NYC Has Ties to Santa Monica

December 9, 2024

December 9, 2024

Suspect Found with Ghost Gun, Manifesto, and Fake IDs in Pennsylvania Luigi Mangione, a 26-year-old man, was arrested in Pennsylvania...

(Video) School of Rock Offers the Most Revolutionary Music Education

December 9, 2024

December 9, 2024

Sign Up Now at Venice.SchoolofRock.com Sign Up Now at https://t.co/Tfq21BE64A pic.twitter.com/RM7UyiZrTe — Yo! Venice! (@YoVenice) December 10, 2024

A Shoplifter Robbed This Venice Beach Store. It Created A Clothing Line Because Of It

December 9, 2024

December 9, 2024

The “Wanted” Collection Includes T-Shirts, Hoodies, Beanies, Shorts, and Pants, All Featuring a Cartoonish Depiction of the Suspect A Venice...

Venice Shorts: Baja Builds Out New Outdoor Seating Area

December 9, 2024

December 9, 2024

Longtime Venice Locale Finalizing Major Upgrade for Customers  By Nick Antonicello Baja Cantina, the longtime Mexican restaurant located on Washington...

Shore Hotel to Open New Coastal-Inspired Hotel Restaurant

December 9, 2024

December 9, 2024

By Susan Payne A new restaurant is opening at the Shore Hotel in December, offering guests and the public a...

(Video) Highlights From Annual Venice Canal Holiday Boat Parade

December 9, 2024

December 9, 2024

A Series of Festive Rafts Floated Down the Canals For The Annual Celebration A Series of Festive Rafts Floated Down...

Venice Shorts: Cow’s End Cafe Complete New Renovations

December 8, 2024

December 8, 2024

The Iconic Coffee Shop and Meeting Place Has a Fresh New Look By Nick Antonicello The Cow’s End, located in...

GMCLA Begins 46th Season with Candy-Themed Wonderland

December 6, 2024

December 6, 2024

SugarPlum Fairies Slated for Mid-December By Susan Payne Gay Men’s Chorus of Los Angeles is bringing candy-coated goodness to its...

Pacific Park’s Famous Pacific Wheel Just Got a Fun (and Educational) NewUpgrade

December 6, 2024

December 6, 2024

Riding the Ferris wheel at Pacific Park just got even more enjoyable. Now, along with the incredible views of the...

Winston House, a Signature Music Venue and Restaurant of Venice Beach, to Close After Three Years

December 6, 2024

December 6, 2024

Through the Years, a Multitude of Influential Artists Have Collaborated With the Venue Including Billie Eilish and Chappell Roan By...

CD-11 Councilwoman Park Launches 2026 Reelection Bid

December 6, 2024

December 6, 2024

Freshman LA Council Member Aggressively Raising Reelection Dollars for Her Campaign By Nick Antonicello LA City Councilmember Traci Park has...

Venice Shorts: Newhouse Expected to Enter State Senate Race to Succeed Ben Allen

December 5, 2024

December 5, 2024

The Soon-To-Be Candidate Apparently Is Formulating His Campaign Staff and Will Focus On the Environment, Public Safety and Other Quality-Of-Life...

(Video) Safely Home Again Finds Care For Those Returning From Hospitals or Rehabilitation

December 5, 2024

December 5, 2024

Go To SafelyHomeAgain.com For More Information Go To https://t.co/HBLE077zCX For More Information pic.twitter.com/LmvRqZL45Z — Yo! Venice! (@YoVenice) December 5, 2024

This Venice Restaurant Made LA Times’ 101 Best Restaurants in LA

December 4, 2024

December 4, 2024

The Menu Showcases Striking Seafood Dishes, Such as Surf Clams in Culantro Leche de Tigre and Shrimp Dumplings Si! Mon,...

Celebrate the Holidays in Style at Regent Santa Monica Beach At Chef Michael Mina’s Orla

December 4, 2024

December 4, 2024

Enjoy Brunch With Santa and a Mediterranean-inspired Christmas Dinner at Orla Celebrate the 2024 holiday season at the Regent Santa...