Seller's Agent in 2025
David Berg
Compass
(310) 500-3931
21 in this area
407 Total Sales
1132 5th Ave Venice, CA 90291
Venice Neighborhood
2
Beds
2.5
Baths
1,930
Sq Ft
$648/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- Automatic Gate
- 0.24 Acre Lot
- Venice High School Rated A
- City Lights View
- Open Floorplan
About This Home
As of October 2025On 5th Avenue, just one block from Abbot Kinney and only a few blocks from the beach, this William Adams-designed townhouse delivers the scale and character of a chic loft in the heart of Venice. The architecture pays homage to New York's industrial heritage, where exposed beams, brick walls, and polished concrete floors set the tone for interiors that feel both modern and timeless. Reimagined with premium finishes, the home reveals thoughtful updates that enhance its style and everyday convenience. The entry opens into a dramatic three-story great room, framed by floor-to-ceiling windows that wash the space with natural light. A fireplace grounds the living room with warmth and presence, while glass French doors connect to a private enclosed patio -- an outdoor extension of the living area suited for open-air dining and relaxing. The kitchen is a striking centerpiece with sleek cabinetry, a stone-topped peninsula, and Miele appliances including a wine fridge. Overhead, the eye is drawn upward toward the floating staircase crowned with a skylight and gallery-like walkways that overlook the main floor. Upstairs, the home unfolds to reveal two ensuite bedrooms, each with spacious walk-in closets. The primary suite is refined in its simplicity and set beneath vaulted ceilings, while the bathrooms echo the home's spirit with clean lines and contemporary finishes. A lofted office area and additional lounge space offer versatility, framed by crisp walls with built-in shelving and warm wood floors. Every detail speaks to scale and proportion: skylights and floor-to-ceiling windows that flood each space with daylight and ocean breeze, sightlines that layer openness with intimacy, and materials -- wood, steel, concrete -- that underscore the design integrity. Other notable highlights include a powder bath on the main level, a laundry room with storage, a built-in pantry, and two side-by-side parking spaces in the secure community garage. Positioned in one of the most desirable pockets of Venice, where Abbot Kinney's restaurants, boutiques, and coffee culture are at your doorstep, while Rose Avenue and the beach are only blocks away. Available for sale or for lease, this townhouse embodies the vibrancy of modern Venice living.
Property Details
Home Type
- Condominium
Year Built
- Built in 1999 | Remodeled
HOA Fees
- $648 Monthly HOA Fees
Parking
- 2 Car Garage
- Side by Side Parking
- Automatic Gate
- Parking Garage Space
Property Views
- City Lights
- Trees
Home Design
- Loft
- Contemporary Architecture
- Entry on the 1st floor
Interior Spaces
- 1,930 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Custom Window Coverings
- French Doors
- Great Room
- Living Room with Fireplace
- Dining Area
- Den
Kitchen
- Open to Family Room
- Breakfast Bar
- Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Water Line To Refrigerator
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- Bathtub with Shower
- Shower Only
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Enclosed Patio or Porch
- Landscaped
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4239-023-040
Community Details
Overview
- Association fees include trash, building and grounds
- 6 Units
- Maintained Community
Pet Policy
- Pets Allowed
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2025
Closed on
Sep 15, 2025
Sold by
Pjw Venice Llc
Bought by
Kauffman Marcus
Seller's Agent
David Berg
Compass
Buyer's Agent
Laura Kay
Compass
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,474
Avg. Annual Appreciation
-10.87%
Original Mortgage
$1,275,000
Outstanding Balance
$1,273,604
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,206,922
Purchase Details
Closed on
Mar 25, 2017
Sold by
Wirht Joseph and Wirht Pamela
Bought by
Pjw Venice Llc
Purchase Details
Listed on
Mar 20, 2013
Closed on
May 23, 2013
Sold by
Veloz David and The David Veloz Trust
Bought by
Wirht Joseph and Wirht Pamela
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Chris Cortazzo
Compass
List Price
$1,195,000
Sold Price
$1,207,000
Premium/Discount to List
$12,000
1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$800,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 20, 2006
Sold by
Veloz David
Bought by
Veloz David and David Veloz Trust
Purchase Details
Closed on
Jun 1, 2004
Sold by
Veloz Kandyce
Bought by
Veloz David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2004
Sold by
Staves Christopher Clark
Bought by
Veloz David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 1999
Sold by
City Lofts Partners Llc
Bought by
Staves Christopher Clark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,550,000 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $1,207,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title Company Of Cal | |
| Grant Deed | $939,000 | Stewart Title Company Of Ca | |
| Grant Deed | $452,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,275,000 | New Conventional | |
| Previous Owner | $800,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $650,000 | Purchase Money Mortgage | |
| Previous Owner | $360,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2025 10/08/25 | Sold | $2,550,000 | +25400.0% | $1,321 / Sq Ft | |
| 09/10/2025 09/10/25 | Pending | -- | -- | -- | |
| 09/01/2025 09/01/25 | Rented | $10,000 | 0.0% | -- | |
| 08/25/2025 08/25/25 | For Sale | $2,600,000 | 0.0% | $1,347 / Sq Ft | |
| 08/25/2025 08/25/25 | For Rent | $10,000 | +25.0% | -- | |
| 07/21/2020 07/21/20 | Rented | $8,000 | -20.0% | -- | |
| 06/19/2020 06/19/20 | Under Contract | -- | -- | -- | |
| 05/13/2020 05/13/20 | For Rent | $10,000 | 0.0% | -- | |
| 06/06/2013 06/06/13 | Sold | $1,207,000 | +1.0% | $625 / Sq Ft | View Prior Sale |
| 04/09/2013 04/09/13 | Pending | -- | -- | -- | |
| 03/20/2013 03/20/13 | For Sale | $1,195,000 | -- | $619 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,757 | $1,914,961 | $928,467 | $986,494 |
| 2024 | $22,757 | $1,877,413 | $910,262 | $967,151 |
| 2023 | $22,313 | $1,840,602 | $892,414 | $948,188 |
| 2022 | $21,268 | $1,804,513 | $874,916 | $929,597 |
| 2021 | $21,009 | $1,769,131 | $857,761 | $911,370 |
| 2019 | $20,374 | $1,716,660 | $832,320 | $884,340 |
| 2018 | $20,316 | $1,683,000 | $816,000 | $867,000 |
| 2016 | $15,122 | $1,255,561 | $936,211 | $319,350 |
| 2015 | $14,899 | $1,236,703 | $922,149 | $314,554 |
| 2014 | $14,945 | $1,212,479 | $904,086 | $308,393 |
Source: Public Records
Agents Affiliated with this Home
-
David Berg
-
F. Ron Smith
Seller Co-Listing Agent in 2025
F. Ron Smith
Compass
(310) 500-3931
22 in this area
415 Total Sales
-
Laura Kay
Buyer's Agent in 2025
Laura Kay
Compass
(310) 230-5478
3 in this area
22 Total Sales
-
Trevor Zien
Buyer's Agent in 2025
Trevor Zien
The Agency
(310) 403-8763
20 Total Sales
-
Edward Hutchinson
Seller's Agent in 2020
Edward Hutchinson
Compass
(310) 968-3752
1 in this area
4 Total Sales
-
Tamra Pardee
Seller's Agent in 2013
Tamra Pardee
Pardee Properties
(310) 907-6517
231 in this area
853 Total Sales
Map
Source: The MLS
MLS Number: 25582237
APN: 4239-023-040
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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