PENDING
$200K PRICE DROP
354 5th Ave Venice, CA 90291
Venice Neighborhood
Total Views
22,889
6
Beds
7
Baths
3,600
Sq Ft
$1,472
Price per Sq Ft
Highlights
- Home Theater
- In Ground Pool
- All Bedrooms Downstairs
- Venice High School Rated A
- Primary Bedroom Suite
- Cathedral Ceiling
About This Home
Just Listed: Newly Completed 2026 Designer Compound on Rare 7,166 SF Gated Lot
Experience unrivaled scale and coastal sophistication in this brand-new, warm modern architectural compound. Situated on an oversized 7,166 SF lot—nearly double the neighborhood average—this home offers a rare multi-structure layout in one of Venice’s most sought-after pockets. Steps from Rose Ave, Abbot Kinney, and the beach, this property perfectly balances vibrant urban access with a gated, "compound" lifestyle.
Main Residence: Defined by soaring cathedral ceilings, skylights, bespoke tadelakt plaster, custom oak floors and natural stone finishes, the single-story main house (4BD/4.5BA) is flooded with natural light. The chef’s kitchen is anchored by built-in Thermador appliances and a walk-in pantry. There is a dedicated movie room and wet bar. The primary suite is a true spa-inspired retreat, featuring dual rain showers, a soaking tub, and a generous walk-in closet.
The ADU & Grounds: The resort-style backyard is designed for the ultimate indoor-outdoor experience, featuring a custom pool/spa, outdoor kitchen with built-in BBQ, and fire-pit lounge area. Tucked behind the pool is a fully permitted, 2-story detached ADU (2BD/1.5BA) with its own entrance, patio and kitchen—ideal for a professional studio, home office, or guest house.
Don’t miss this rare opportunity to own a newly completed Venice compound where architectural refinement meets the ease of beachside living in one of the Westside’s most vibrant neighborhoods!
Listing Agent
Compass Brokerage Phone: 310-597-1055 License #02194775 Listed on: 02/17/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2025
Lot Details
- 7,166 Sq Ft Lot
- Landscaped
- Private Yard
- Back and Front Yard
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Family Room
- Living Room with Fireplace
- Home Theater
- Bonus Room
- Walk-In Pantry
- Property Views
Bedrooms and Bathrooms
- 6 Bedrooms | 4 Main Level Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Washer
Additional Features
- In Ground Pool
- Urban Location
- Central Air
Listing and Financial Details
- Legal Lot and Block 19 / H
- Assessor Parcel Number 4240009019
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
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 | $23,701 | $2,100,000 | $1,850,000 | $250,000 |
| 2024 | $23,701 | $1,953,029 | $1,562,381 | $390,648 |
| 2023 | $23,239 | $1,914,736 | $1,531,747 | $382,989 |
| 2022 | $22,153 | $1,877,193 | $1,501,713 | $375,480 |
| 2021 | $21,891 | $1,840,386 | $1,472,268 | $368,118 |
| 2019 | $20,425 | $78,103 | $59,967 | $18,136 |
| 2018 | $1,122 | $76,573 | $58,792 | $17,781 |
| 2016 | $1,068 | $73,602 | $56,510 | $17,092 |
| 2015 | $1,055 | $72,498 | $55,662 | $16,836 |
| 2014 | $1,071 | $71,079 | $54,572 | $16,507 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | Pending | -- | -- | -- | |
| 02/17/2026 02/17/26 | For Sale | $5,299,999 | 0.0% | $1,472 / Sq Ft | |
| 02/02/2026 02/02/26 | Price Changed | $5,299,999 | +196.8% | $1,472 / Sq Ft | |
| 05/30/2019 05/30/19 | Sold | $1,785,763 | -10.5% | $1,678 / Sq Ft | View Prior Sale |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- | |
| 03/15/2019 03/15/19 | Price Changed | $1,995,000 | -7.2% | $1,875 / Sq Ft | |
| 03/01/2019 03/01/19 | Price Changed | $2,150,000 | -4.4% | $2,021 / Sq Ft | |
| 01/24/2019 01/24/19 | For Sale | $2,250,000 | -- | $2,115 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Upward Title Company | |
| Grant Deed | $1,786,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $3,045,000 | Construction | |
| Previous Owner | $1,071,458 | Adjustable Rate Mortgage/ARM |
Source: Public Records
About the Listing Agent
Westside LA Real Estate Expert.
A Santa Monica native, Jessica Abbott has a deep and comprehensive understanding of the Los Angeles market. Living in many vibrant pockets and neighborhoods throughout the city, she has valuable firsthand insight into the communities and nuances that make each area unique and how that translates to what clients are looking for.
With a successful career in fashion, e-commerce, and luxury, Jessica brings a unique perspective to real estate. She has a
Jessica's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26019073
APN: 4240-009-019
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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