NOT LISTED FOR SALE

524 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,154,000 - $2,952,000

5 Beds
3 Baths
2,040 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $2,160,000 $1,059 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $15,775/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Venice High School Rated A
  • Side by Side Parking
  • Central Heating

About This Home

As of July 2021

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.

Last Agent to Sell the Property

Anne Burkin

Compass License #01802520 Listed on: 04/13/2021

Compass

Last Buyer's Agent

Anne Burkin

Compass License #01802520 Listed on: 04/13/2021

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 5,200 Sq Ft Lot
  • Gated Home
  • Property is zoned LARD1.5

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 44 Open Parking Spaces
  • 4 Parking Spaces
  • Side by Side Parking
  • Auto Driveway Gate
  • Driveway
  • Controlled Entrance

Utilities

  • Central Heating

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4239-023-013

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2040
  • Lot Acreage: 0.1194
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Detached/No Common Walls
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator
  • Price Per S Q F T: 1075.98

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Other Spaces: 44
  • Parking Garage: Controlled Entrance, Driveway, Driveway - Concrete, Side By Side, Driveway Gate
  • Total Parking: 4

Utilities

  • Heating: Central
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 24.44
  • Assessed Improvement Value: 330283
  • Assessed Land Percent: 75.56
  • Assessed Land Value: 1020886
  • Total Assessed Value: 1351169
  • Assessor Parcel Number: 4239-023-013
  • Lot Size Area: 5200

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Cohen Wayne R
Bought by
Wayne R Cohen Living Trust
Current Estimated Value
$2,595,272

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 22, 2020
Sold by
Damji Sadrudin Nurmohmed and Damji Nurjehan Sadrudin
Bought by
Levin Yakov Jack and Levin Yulia N
Seller's Agent
Michael Irvine
Compass
Buyer's Agent
Anne Burkin
Compass
List Price
$2,157,000
Sold Price
$2,040,000
Premium/Discount to List
-$117,000
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin
Bought by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin

Purchase Details

Closed on
Aug 6, 2012
Sold by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin
Bought by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin

Purchase Details

Closed on
Aug 1, 2007
Sold by
Williams Scott C
Bought by
Damji Sadrudin Nurmohamed and Damji Nurjehan Sadrudin

Purchase Details

Closed on
Aug 9, 2004
Sold by
Williams Albert Mance
Bought by
Williams Scott C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wayne R Cohen Living Trust -- --
Levin Yakov Jack $2,040,000 Stewart Title Company
Damji Sadrudin Nurmohamed -- None Available
Damji Sadrudin Nurmohamed -- None Available
Damji Sadrudin Nurmohamed -- Southland Title Company
Williams Scott C -- Southland Title Company
Williams Scott C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $2,160,000 -1.6% $1,059 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $2,195,000 0.0% $1,076 / Sq Ft
03/25/2020 03/25/20 Rented $4,350 -9.4% --
03/12/2020 03/12/20 Price Changed $4,800 -4.0% $5 / Sq Ft
02/18/2020 02/18/20 For Rent $5,000 0.0% --
02/03/2020 02/03/20 Sold $2,040,000 -5.4% $1,000 / Sq Ft View Prior Sale
11/15/2019 11/15/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $2,157,000 -- $1,057 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $27,590 $2,292,208 $1,833,767 $458,441
2024 $27,308 $2,247,263 $1,797,811 $449,452
2023 $26,777 $2,203,200 $1,762,560 $440,640
2022 $25,525 $2,160,000 $1,728,000 $432,000
2021 $24,554 $2,061,134 $1,717,612 $343,522
2020 $16,544 $1,351,169 $1,020,886 $330,283
2019 $15,884 $1,324,676 $1,000,869 $323,807
2018 $15,777 $1,298,703 $981,245 $317,458
2016 $15,091 $1,248,275 $943,143 $305,132
2015 $14,869 $1,229,526 $928,977 $300,549
2014 $14,921 $1,205,442 $910,780 $294,662
Source: Public Records

Agents Affiliated with this Home

  • Anne Burkin

    Seller's Agent in 2021

    Anne Burkin

    Compass

    (310) 699-5062

    2 in this area

    37 Total Sales

    Anne Burkin
    Section Image
  • Michael Irvine

    Seller's Agent in 2020

    Michael Irvine

    Compass

    (310) 452-5004

    3 in this area

    14 Total Sales

    Michael Irvine
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Stuart Banerjee

    D.G. Realty

    (310) 399-6277

    3 in this area

    5 Total Sales

    Stuart Banerjee
    Section Image
  • Irma Vasconcelos

    Buyer's Agent in 2020

    Irma Vasconcelos

    South Bay Coast Realty

    (310) 480-7043

    28 Total Sales

    Irma Vasconcelos
    Section Image
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Map

Source: The MLS

MLS Number: 21-729420

The MLS

APN: 4239-023-013

California Los Angeles County Venice 90291 Venice

524 Westminster Ave, Venice, CA

Not Listed for Sale

Detached

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