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!
Property Details
Property Features
Property Information:
Architectural Style: Modern
Stories: 3
Living Area: 5,744 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (818) 995-2424
Listing Agent: Philip Boroda
Interior Features
Interior Information:
Flooring Type: Wood
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: North of Venice, West of Lincoln
Price Information
Listing Price Info
Price Summary:
List Price: $3,400,000
Price Per SqFt: $592/SqFt
Tax Information:
Annual Amount: $21,341
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.3M more than the Median Sold Price and $48/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24466641
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (818) 995-2424
Listing Agent: Philip Boroda
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 22, 2014
Jul 22, 2014Home Sold
$1,740,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,341
$1,931,958
2020
$22,259
$1,912,150
2019
$22,174
$1,874,658
2018
$21,689
$1,837,901
2017
$21,689
$1,801,865
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Westminster Avenue Elementary
1010 Abbot Kinney Blvd
Distance between this listing and this school0.18 miles
Public District Grades KG-5
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school0.57 miles
Public District Grades KG-5
6
/10
Coeur d'Alene Avenue School
810 Coeur D Alene Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
5
/10
Westside Global Awareness Magnet
104 Anchorage St
Distance between this listing and this school0.97 miles
Public Magnet Grades KG-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school1.10 miles
Public District Grades KG-8
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school1.33 miles
Public District Grades 6-8
Nearby Schools
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school0.45 miles
Public Charter Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school1.05 miles
Public District Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $92,418. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 506 Westminster Ave
What is the listing price of this property?
The listing price of 506 Westminster Ave property is $3,400,000.
What type of property is this?
The property 506 Westminster Ave is a house located in Venice, California, 90291.
Is this property for sale now?
Active Listing: 506 Westminster Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,341 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 22, 2014 for $1,740,000. (source: MLS/tax record).
What is the square footage of this property?
The property 506 Westminster Ave is 5,744 SqFt (source: MLS/tax record).
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This home is located at 506 Westminster Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 5,744 square foot home sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $3,400,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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