$2,695,000

528 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated payment $15,963/month

9 Beds
6 Baths
2,609 Sq Ft
$1,033 Price per Sq Ft

Highlights

  • No HOA
  • Ductless Heating Or Cooling System
  • Combination Of Heating Systems
  • Venice High School Rated A
  • Laundry Room
  • Back Yard

About This Home

Luxury 2025 Rebuild: Existing duplex completely taken down to the studs and reconstructed with new electrical, plumbing, roofing, exterior, and designer-level interiors. Two High-End 3 Bed / 2 Bath Residences: Approx. 1,300 sq ft each with open-concept living, private balcony or patio, in-unit laundry, central AC, spacious primary suites, and all-new premium finishes, fixtures, flooring, and cabinetry. Modern ADU Development Opportunity: Fully approved RTI plans for a stylish 1,185 sq ft freestanding ADU, featuring second-story living, open kitchen and living areas, a luxe
primary suite with walk-in closet, private balcony, and in-unit laundry. Exceptional Site Layout: Large 5,200 sq ft street-to-alley lot with six parking spaces positioned below the future ADU for optimal functionality. Elevated Income Potential: Projected combined market rents of $6,500+ per month across all three units. Premium Investment Appeal: Enjoy the stability and long-term durability of new construction paired with built-in upside through completing the shovel-ready ADU. Live in a brand new separate home and cover your entire mortgage with rental income.

Listing Agent

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 11/26/2025

Co-Listing Agent, Showing Contact

Josh Ess

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,770

Year Built

  • Built in 1946

Lot Details

  • 5,201 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,609 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems

Listing and Financial Details

  • Legal Lot and Block 10 / P
  • Tax Tract Number 2
  • Assessor Parcel Number 4239023011
  • $277 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $450
  • Fuel Expense $450
  • Gardener Expense $1,200
  • Insurance Expense $3,261
  • Maintenance Expense $7,124
  • Pest Control $500
  • Professional Management Expense $7,124
  • Trash Expense $450
  • Water Sewer Expense $450
  • New Taxes Expense $33,688
  • Operating Expense $55,198
  • Gross Income $149,988
  • Net Operating Income $87,291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,770

Year Built

Built in 1946

Lot Details

0

Listing Details

  • CapRate: 3.20
  • Professional Management Expense: 7124.00
  • Property Attached: Yes
  • Water Sewer Expenses: 450.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4239023011
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 1032.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Combination, Ductless
  • Laundry Features: Inside
  • Pest Control Expense: 500.00
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 450.00
  • Fuel Expense: 450.00
  • Gross Income: 149988.00
  • Gross Multiplier: 17.97
  • Gross Operating Income: 142489.00
  • Gross Scheduled Income: 149988.00
  • Insurance Expense: 3261.00
  • Lot Size Area: 5201.0000 Square Feet
  • Maintenance Expense: 7124.00
  • Net Operating Income: 87291.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 55198.00
  • Rent Control: Yes
  • Total Expenses: 55198.00

Tax Info

  • New Taxes Expense: 33688.00
  • Tax Block: P
  • Tax Lot: 10
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 277.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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 $20,770 $1,742,714 $1,472,106 $270,608
2024 $20,770 $1,708,544 $1,443,242 $265,302
2023 $20,367 $1,675,044 $1,414,944 $260,100
2022 $19,415 $1,642,200 $1,387,200 $255,000
2021 $19,179 $1,610,000 $1,360,000 $250,000
2020 $2,170 $166,450 $139,881 $26,569
2019 $2,090 $163,188 $137,139 $26,049
2018 $2,060 $159,989 $134,450 $25,539
2016 $1,953 $153,779 $129,230 $24,549
2015 $1,926 $151,470 $127,289 $24,181
2014 $1,946 $148,504 $124,796 $23,708
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 For Sale $2,695,000 +67.4% $1,033 / Sq Ft
12/21/2020 12/21/20 Sold $1,610,000 -8.0% $889 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $1,750,000 -- $966 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25267049

California Regional Multiple Listing Service (CRMLS)

APN: 4239-023-011