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Sold for $2,700,000
  • $2,700,000

    506 Westminster Ave, Venice, CA 90291

    0beds
    0baths
    5,744sqft
    Residential, Single Family Residence
    Built in ----
    5,201 Square Feet Lot
    $3,301,000 Zestimate®
    $470/sqft
    $7,851 Estimated rent

    Home value

    $3,301,000

    $2.71M - $3.99M

    $7,851/mo

    Zestimate® history
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    $7,851/mo

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    Rent Zestimate®

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    $17,173/mo

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    What's special

    Private rooftop deckSoaring high ceilingsExpansive open-concept floor plans
    CALLING ALL BUILDERS, CONTRACTORS, and INVESTORS. Don't miss this rare chance to own a brand-new, 2-lot small subdivision, with one stunning single-family home on each lot. Both 506 and 508 Westminster are being sold together, offering an exceptional investment opportunity or a unique living arrangement in one of the most coveted neighborhoods in Venice. Both homes boast expansive, open-concept floor plans with soaring high ceilings, creating a sense of space and light throughout. The public areas are perfect for modern living and entertaining, while each property features its own private rooftop deck ideal for soaking in the Venice weather and enjoying panoramic views of the city. Located just blocks away from Venice's vibrant dining scene, boutique shopping, coffee shops, and nightlife, these homes offer the perfect combination of tranquility and convenience. Awaiting final completion, this property is ready for your finishing touches to make it truly your own. Take advantage of this prime location and make 506 and 508 Westminster your next great investment or dream home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Boroda DRE # 00822192 310-968-3844,

    Coldwell Banker Realty 818-995-2424,

    Ryan Manavi DRE # 02041908 310-909-3360,

    Coldwell Banker Realty

    Bought with:

    Farshad Harandi, DRE # 01999966

    Engel & Volkers Beverly Hills

    Source: CLAW,MLS#: 24-466641MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Rooms
    • Room types: Living Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Area
    Features
    • Living Room, Breakfast Area
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,744
    • Total interior livable area: 5,744 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - 2 Car, Garage - 3 Car
    • Has garage: Yes
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,201 Square Feet
    • Dimensions: 40 x 130
    Details
    • Additional structures: None
    • Parcel number: 4239023017
    • Zoning: LARD1.5
    • Special conditions: Real Estate Owned
    • Other equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern
    • Property subtype: Residential, Single Family Residence
    Condition
    • Repairs Major,Under Construction,Value Mainly In Land
    • New construction: Yes

    Utilities & green energy

    • Sewer: In Street

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Venice

    Financial & listing details

    • Price per square foot: $470/sqft
    • Tax assessed value: $4,310,000
    • Annual tax amount: $51,337
    • Date on market: 11/24/2024

    Price history

    DateEventPrice
    5/2/2025Sold$2,700,000-35.6%$470/sqft
    Source: CLAW #24-466641 Report a problem
    9/3/2024Sold$4,195,000+99.8%$730/sqft
    Source: Public Record Report a problem
    7/26/2016Listing removed$7,300+15.4%$1/sqft
    Source: HouseStay Report a problem
    3/14/2016Listing removed$6,325$1/sqft
    Source: RentLingo Report a problem
    2/25/2016Price change$6,325+10%$1/sqft
    Source: RentLingo Report a problem
    1/30/2016Price change$5,750-22.6%$1/sqft
    Source: HouseStay Report a problem
    1/29/2016Listing removed$2,100,000$366/sqft
    Source: Fund My Business #16972071 Report a problem
    1/14/2016Listed for sale$2,100,000+20.7%$366/sqft
    Source: Fund My Business #16972071 Report a problem
    1/7/2016Listed for rent$7,425+9.2%$1/sqft
    Source: RentLingo Report a problem
    5/21/2015Listing removed$6,800$1/sqft
    Source: Keller Williams Beverly Hills #15904433 Report a problem
    5/15/2015Price change$6,800-1.4%$1/sqft
    Source: Keller Williams Beverly Hills #15904433 Report a problem
    5/12/2015Listed for rent$6,900-13.8%$1/sqft
    Source: Keller Williams Beverly Hills #15904433 Report a problem
    2/24/2015Listing removed$8,000$1/sqft
    Source: Cal Mutual #AR14225895 Report a problem
    11/30/2014Listed for rent$8,000$1/sqft
    Source: Cal Mutual #AR14225895 Report a problem
    10/29/2014Listing removed$8,000$1/sqft
    Source: Cal Mutual #AR14225895 Report a problem
    10/23/2014Listed for rent$8,000$1/sqft
    Source: Cal Mutual #AR14225895 Report a problem
    7/22/2014Sold$1,740,000-17.1%$303/sqft
    Source: Public Record Report a problem
    2/10/2014Listed for sale$2,100,000$366/sqft
    Source: CENTURY 21 ALLSTARS #DW14027786 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$51,337 +123.1%$4,310,000 +126.3%
    2024$23,007 +2%$1,904,726 +2%
    2023$22,557 +4.9%$1,867,379 +2%
    2022$21,499 +0.7%$1,830,765 -5.2%
    2021$21,341 -8%$1,931,958 +1%
    2020$23,194 $1,912,150 +2%
    2019$23,194 +4.6%$1,874,658 +2%
    2018$22,174 $1,837,901 +2%
    2017$22,174 +2.2%$1,801,865 +2%
    2016$21,689 +2.2%$1,766,535 +1.5%
    2015$21,227 +3056.5%$1,740,000 +4255.1%
    2014$672 $39,953 +2.5%
    2012-- $38,995 +2%
    2011-- $38,231 +0.8%
    2010-- $37,946 -0.2%
    2009-- $38,037 +2%
    2008-- $37,292 +2%
    2007-- $36,562 +2%
    2006-- $35,846
    2005-- $35,846 +4%
    2004-- $34,456 +1.9%
    2003-- $33,826 +2%
    2002-- $33,163 +4%
    2000-- $31,876
    Find assessor info on the county website

    Neighborhood: Venice

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,301,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,301,000