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506 Westminster Ave, Venice, CA 90291

Sale Price: $2,700,000
Nov 24, 20245,744 sqft4 beds0 baths
Listed by: Philip Boroda
License #: 00822192
Phone #: 818-995-2424
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 24466641

Property Description

CALLING ALL BUILDERS, CONTRACTORS, and INVESTORS. Don't miss this rare chance to own a brand-new, 2-lot small subdivision, with one stunning single-family home on each lot. Both 506 and 508 Westminster are being sold together, offering an exceptional investment opportunity or a unique living arrangement in one of the most coveted neighborhoods in Venice. Both homes boast expansive, open-concept floor plans with soaring high ceilings, creating a sense of space and light throughout. The public areas are perfect for modern living and entertaining, while each property features its own private rooftop deck ideal for soaking in the Venice weather and enjoying panoramic views of the city. Located just blocks away from Venice's vibrant dining scene, boutique shopping, coffee shops, and nightlife, these homes offer the perfect combination of tranquility and convenience. Awaiting final completion, this property is ready for your finishing touches to make it truly your own. Take advantage of this prime location and make 506 and 508 Westminster your next great investment or dream home!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$34,773

TurboHome Estimated Value

$2,759,100

$480 sqft

High Valuation
$2,897,055
$504/sqft
Normal Valuation
$2,759,100
$480/sqft
Low Valuation
$2,621,145
$456/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$480/sqft$2,759,100

Neighborhood: Venice

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Comparative Value

$2.70M

$3.20M

506 Westminster Ave, Venice, CA 90291

Sale Price: $2,700,000

Selected Comparable

506 Westminster Ave, Venice, CA 90291

List Price: $3,200,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
506 Westminster Ave, Venice, CA 90291

506 Westminster Ave, Venice, CA 90291

List: $3,200,000

Listed: 11/24/2024

Area:5,744 sqft
Price/sqft:$557
Beds:4
Baths:
Year Built:
Lot Size:5,202

Comparable Properties

COMPARABLE
Choose comps
506 Westminster Ave, Venice, CA 90291

506 Westminster Ave, Venice, CA 90291

Sale: $2,700,000

5/2/20250.00 mi

Area:5,744 sqft
Price/sqft:$470
Beds:4
Baths:
Year Built:
Weight:100.0%

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3

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You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
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