Staci Siegel
Engel & Völkers
(424) 499-2383
29 Total Sales
1 in Venice
$1,300,000 Price
205 5th Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $2,190,000 - $2,785,874
5
Beds
4
Baths
2,743
Sq Ft
$906/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Wood Flooring
- Venice High School Rated A
- Living Room with Fireplace
- Spanish Architecture
About This Home
As of January 2025Welcome to this timeless and dreamy Spanish duplex located in the vibrant Rose Corridor, nestled between Venice and Santa Monica (seller open to partial seller financing at 6% for 2 years!). With the perfect blend of classic elegance, timeless style, and modern upgrades, this two-unit property w/ a vacant unit offers endless opportunities - live in the bottom unit with the upstairs as a rental for passive income, rent the entire property for your investment portfolio, or utilize the property as your future compound. The reimagined downstairs space features a spacious 2-bedroom, 2-bathroom residence adorned with hardwood floors, arched doorways, and a beautiful original fireplace, creating a warm and inviting atmosphere. A separate bonus space with a private entrance completes this unit, perfect for guest quarters or a home office! Move onto the upstairs unit boasting a completely remodeled 3-bedroom, 2-bathroom unit (currently occupied by tenant) with an open floor plan and a private balcony, offering a serene retreat with city and tree-top views. Additional amenities include a detached garage, gated parking, an amazing deck ideal for outdoor dining and relaxation, and a cozy courtyard designed for gatherings and entertainment. Expand later and add an ADU, making it a true gem in Venice. Live the SoCal dream minutes to the beach and in the heart of some of Los Angeles' best restaurants, coffee shops, and boutiques. Also, just a short stroll to Whole Foods, parks, and more.
Last Agent to Sell the Property
Pardee Properties License #01421451 Listed on: 12/04/2024
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Home Details
Home Type
- Single Family
Year Built
- Built in 1929
Lot Details
- 4,141 Sq Ft Lot
- Property is zoned LARD2
Parking
- 2 Open Parking Spaces
- 1 Car Garage
- 2 Carport Spaces
Property Views
- Ocean
- City
- Trees
Home Design
- Spanish Architecture
Interior Spaces
- 2,743 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Decorative Fireplace
- Living Room with Fireplace
- Dining Area
- Bonus Room
- Oven
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
- Bathtub with Shower
- Shower
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Deck
- Open Patio
- Front Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Water Heater
- Sewer in Street
Listing and Financial Details
- Tenant pays for gas, electricity, trash collection
- The owner pays for water, gardener
- Assessor Parcel Number 4240-007-024
Community Details
Overview
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2024
Closed on
Jan 3, 2025
Sold by
Yasaman Farmanara Revocable Trust and Sam Farmanara Living Trust
Bought by
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Robert Mitchell
Pardee Properties
List Price
$2,250,000
Sold Price
$2,217,000
Premium/Discount to List
-$33,000
-1.47%
Views
102
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
$317,448
Avg. Annual Appreciation
7.16%
Purchase Details
Closed on
Aug 5, 2022
Sold by
Farmanara Yasaman and Farmanara Sam
Bought by
Yasaman Farmanara Revocable Trust and Sam Farmanara Living Trust
Purchase Details
Listed on
Oct 16, 2019
Closed on
Feb 11, 2020
Sold by
Venica Holdingvs Llc
Bought by
Reed Stuart
Seller's Agent
Patrice Meepos
Compass
Buyer's Agent
Chris Spirito
Stafford Commercial Inc.
List Price
$2,195,000
Sold Price
$2,125,000
Premium/Discount to List
-$70,000
-3.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$975,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 31, 2013
Closed on
Sep 20, 2013
Sold by
Mitreski Boris and Mitreski Milka
Bought by
Venica Holdings Llc
Seller's Agent
Henry Dodge
Henry Dodge Properties, Inc
Buyer's Agent
Patrice Meepos
Compass
List Price
$1,595,000
Sold Price
$1,480,000
Premium/Discount to List
-$115,000
-7.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Venice, CA
-
Staci Siegel
-
Tracey Becker
Tracey Becker
Compass
(424) 374-2804
112 Total Sales
44 in Venice
$1.4M - $9.5M Price Range
-
Sierus Erdelyi
Sierus Erdelyi
TruLine Realty
(424) 374-0268
178 Total Sales
10 in Venice
$1.5M - $2.8M Price Range
-
Jeffrey Russell
Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
1 in Venice
$1,530,000 Price
-
Raymond Dominguez
Raymond Dominguez
Engel & Völkers
(424) 359-1336
12 Total Sales
1 in Venice
$8,200,000 Price
-
Susan Kastner
Susan Kastner
Compass
(424) 577-6015
45 Total Sales
1 in Venice
$3,400,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,217,000 | Fidelity Title | ||
| Yasaman Farmanara Revocable Trust | -- | Accommodation/Courtesy Recordi | |
| Reed Stuart | $2,125,000 | Lawyers Title | |
| Venica Holdings Llc | $1,480,000 | Stewart Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $975,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $2,217,000 | -1.5% | $808 / Sq Ft | |
| 12/26/2024 12/26/24 | Pending | -- | -- | -- | |
| 12/04/2024 12/04/24 | For Sale | $2,250,000 | -1.6% | $820 / Sq Ft | |
| 12/28/2021 12/28/21 | Sold | $2,287,500 | -5.7% | $834 / Sq Ft | View Prior Sale |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- | |
| 10/28/2021 10/28/21 | Price Changed | $2,425,000 | -2.8% | $884 / Sq Ft | |
| 06/25/2021 06/25/21 | Price Changed | $2,495,000 | +1.8% | $910 / Sq Ft | |
| 06/24/2021 06/24/21 | For Sale | $2,450,000 | +15.3% | $893 / Sq Ft | |
| 03/12/2020 03/12/20 | Sold | $2,125,000 | -3.2% | $775 / Sq Ft | View Prior Sale |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- | |
| 10/16/2019 10/16/19 | For Sale | $2,195,000 | +48.3% | $800 / Sq Ft | |
| 09/27/2013 09/27/13 | Sold | $1,480,000 | -7.2% | $540 / Sq Ft | View Prior Sale |
| 09/03/2013 09/03/13 | Pending | -- | -- | -- | |
| 01/31/2013 01/31/13 | For Sale | $1,595,000 | -- | $581 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $29,245 | $2,261,340 | $1,581,000 | $680,340 |
| 2025 | $29,245 | $2,427,513 | $1,485,691 | $941,822 |
| 2024 | $28,944 | $2,379,915 | $1,456,560 | $923,355 |
| 2023 | $28,381 | $2,333,250 | $1,428,000 | $905,250 |
| 2022 | $27,055 | $2,287,500 | $1,400,000 | $887,500 |
| 2021 | $25,602 | $2,147,015 | $1,818,648 | $328,367 |
| 2020 | $20,275 | $1,658,918 | $1,345,071 | $313,847 |
| 2019 | $19,465 | $1,626,392 | $1,318,698 | $307,694 |
| 2018 | $19,348 | $1,594,503 | $1,292,842 | $301,661 |
| 2016 | $18,502 | $1,532,590 | $1,242,641 | $289,949 |
| 2015 | $18,230 | $1,509,570 | $1,223,976 | $285,594 |
| 2014 | -- | $1,480,000 | $1,200,000 | $280,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tamra Pardee
Seller's Agent in 2025
Tamra Pardee
Pardee Properties
(310) 861-7719
204 in this area
763 Total Sales
-
Golnaz Rassekh
Seller Co-Listing Agent in 2025
Golnaz Rassekh
Beverly & Company Luxury Properties
(310) 963-6797
2 in this area
17 Total Sales
-
Robert Mitchell
Buyer's Agent in 2025
Robert Mitchell
Pardee Properties
(310) 801-7501
1 in this area
6 Total Sales
-
Chris Spirito
Seller's Agent in 2021
Chris Spirito
Stafford Commercial Inc.
(310) 270-3003
1 in this area
1 Total Sale
-
Patrice Meepos
Seller's Agent in 2020
Patrice Meepos
Compass
(310) 849-5443
3 in this area
30 Total Sales
-
CS
Buyer's Agent in 2020
Christopher Spirito
Stafford Commercial Inc.
Map
Source: The MLS
MLS Number: 24-465725
APN: 4240-007-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 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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