NOT LISTED FOR SALE

528 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,195,000 - $3,175,000

2 Beds
1 Bath
1,812 Sq Ft
$1,461/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2020

Last sale price $1,610,000 $889 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $15,964 / mo

75 Days on Market

Highlights

  • Wooded Lot
  • Bike Trail
  • Back Yard
  • Venice High School Rated A
  • Rectangular Lot

About This Home

As of December 2020

LOCATION LOCATION LOCATION! We are pleased to present 528 Westminster Ave, a duplex with incredible value-add opportunity in Venice, CA. Abbot Kinney, dubbed by GQ as “the coolest block in America” is a mile-long strip of the latest fashion, art, and food just minutes from Venice Beach. Just up the street, you’ll find this hidden gem. Situated on a 5,201 SF street-to-alley lot, this 1,812 SF 2-story duplex consists of two (2) 2-Bedroom 1-Bathroom units. The property features copper plumbing, a 2-car garage, 3 uncovered parking spaces, and the lot is secured by perimeter fencing with padlock entry, Each unit is separately metered for gas, water, and electric and all utilities are paid by the tenant. The tenant also pays for maintenance and minor repairs. This highly-coveted location is more than ideal for both an owner-user looking to immerse themselves in the plush culture Venice has to offer as well as for an investor searching for a property that holds strong rent appeal that will produce steady returns. There is also development potential, with an empty lot next door and an alley in back. You don’t want to miss out on this incredible opportunity.

Last Agent to Sell the Property

Nico Rosmarin

Lyon Stahl Investment Real Estate, Inc. License #02023847 Listed on: 05/27/2020

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,201 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Wooded Lot
  • Back Yard
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,812 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 10 / P
  • Tax Tract Number 2
  • Assessor Parcel Number 4239023011

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

5,201 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 4239023011
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 888.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Rectangular Lot, Treed Lot, Value In Land
  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1194

Multi Family

  • Lot Size Area: 5201.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: P
  • Tax Census Tract: 2733.00
  • Tax Lot: 10
  • Tax Tract Number: 2

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

Closed on
May 22, 2025
Sold by
Bought by
Current Estimated Value
$2,647,037
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

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
-- None Listed On Document
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
12/21/2020 12/21/20 Sold $1,610,000 -8.0% $889 / Sq Ft
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)

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
2025 $21,004 $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

Agents Affiliated with this Home

  • Nico Rosmarin

    Seller's Agent in 2020

    Nico Rosmarin

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    13 Total Sales

    Nico Rosmarin
    Section Image
  • Cameron Samimi

    Buyer's Agent in 2020

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    6 in this area

    200 Total Sales

    Cameron Samimi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20101582

California Regional Multiple Listing Service (CRMLS)

APN: 4239-023-011

California Los Angeles County Venice 90291 Venice

528 Westminster Ave, Venice, CA

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California Regional Multiple Listing Service (CRMLS) 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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