524 Westminster Avenue

Venice, CA 90291

$2,160,000
Last Sold Price
5
Beds
3
Baths
2,040 Sq. Ft.
$1,059 / Sq. Ft.
2,040
Sq. Ft.
$1,059
per Sq. Ft.

Description

Incredible opportunity to acquire one of the best duplex properties in Venice, situated on an excellent block, just off Abbot Kinney Blvd. The property consists of two separate homes totaling 2,040 square feet, the first a 2 bedroom, 2 bathroom, and the second a 3 bedroom, 1 bathroom, both immaculately kept and recently updated and remodeled. A lush oasis of landscaped gardens, courtyards, and walkways give the property a sense of serenity and privacy. Additional features include hardwood floors...Incredible opportunity to acquire one of the best duplex properties in Venice, situated on an excellent block, just off Abbot Kinney Blvd. The property consists of two separate homes totaling 2,040 square feet, the first a 2 bedroom, 2 bathroom, and the second a 3 bedroom, 1 bathroom, both immaculately kept and recently updated and remodeled. A lush oasis of landscaped gardens, courtyards, and walkways give the property a sense of serenity and privacy. Additional features include hardwood floors throughout, ample storage, and off-street parking for four cars. Delivered fully vacant, this property would be great for an owner-user as you can live in one of the houses and rent the other, or an investor alike.

Listing Agent

  1. Anne Burkin

    Anne Burkin

    Listing Agent

    Compass

    DRE #01802520

Property Details for 524 Westminster Avenue

Zoning
LARD1.5
Parcel Number
4239023013
Total Units
2.0
Living Area
2040
Source Living Area
Estimated
Area
Venice (C11)
Vacancy Rate
0
Lot Size Area
5200

Location

Listing Courtesy of Douglas Elliman of California, Inc., Anne Burkin, DRE #01802520

Sold By Douglas Elliman of California, Inc., Anne Burkin, DRE #01802520

Add your commute
LISTING UPDATED: 07/06/2021 06:06 PM

Property Details for 524 Westminster Avenue

StatusSold
MLS #21-729420
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.12 AC / 5,200 SF
CountyLos Angeles County

Location

Listing Courtesy of Douglas Elliman of California, Inc., Anne Burkin, DRE #01802520

Sold By Douglas Elliman of California, Inc., Anne Burkin, DRE #01802520

Add your commute

Building Information for 524 Westminster Avenue

Stories1Residences-Year Built1954Building Size-Lot Size0.12 AC / 5,200 SF

Payment Calculator

$14,019 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,788

Property Taxes

$2,231

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 524 Westminster Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: House
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1194
  • Lot Size Square Feet: 5200
Parking Details
Parking Details
  • Parking Garage: Controlled Entrance, Driveway, Driveway - Concrete, Side By Side, Driveway Gate
  • Total Parking: 4
  • Open Other Spaces Total: 44
  • Parking Features: Controlled Entrance, Driveway, Concrete, Side by Side
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Living Room
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-10-2021
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $330,283.00
  • Assessed Improvement Percent: 24.44
  • Assessed Land Value: $1,020,886.00
  • Assessed Land Percent: 75.56
  • Assessed Total Value: $1,351,169.00

Property History for 524 Westminster Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 524 Westminster Avenue

Taxable ValueLand$1,762,560Additions$440,640Total$2,203,200
Tax Record2023$26,777 ($2,231 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtLot Size5,200 SqFtStyleDuplexYear Built1954ZoningLARD1.5CountyLOS ANGELESAPN4239-023-013

Schools near 524 Westminster Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman of California, Inc., Anne Burkin, DRE #01802520

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.