524 Westminster Avenue, Venice, California 90291, Venice, 90291 - 6 bed, 4 bath

524 Westminster Avenue, Venice, California 90291 home-pic-0
ACTIVE$2,950,000
524 Westminster Avenue, Venice, California 90291
6Beds
4Baths
Sqft
5,200Lot
Year Built
1954
Close
-
List price
$2.95M
Original List price
$2.95M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25510521
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.95M(78th), sqft - 0(3th), beds - 6(94th), baths - 4(76th).

Discover a chic and cheerful duplex property in the heart of Venice, perfectly positioned just off the vibrant Abbot Kinney Blvd. This unique offering features two separate homes, each with 3 bedrooms and 2 bathrooms. Both homes have been immaculately maintained and recently remodeled with stylish design elements, including gourmet kitchens featuring Wolf appliances, to appeal to the most discerning clients. Step into a lush oasis where beautifully landscaped gardens, serene courtyards, and charming walkways create a private retreat. With ample storage and off-street parking for four cars, convenience is at your fingertips. This versatile property can be delivered fully vacant, offering multiple uses for the savvy buyer. Whether you're an owner-user looking to live in one home while renting the other, or an investor seeking a prime opportunity, this property caters to your needs. Embrace the potential and make this special Venice duplex your own.

Price History

Date
Event
Price
07/02/21
Sold
$2,160,000
02/03/20
Sold
$2,040,000
Condition Rating
Excellent

Despite being built in 1954, the property has been 'recently remodeled with stylish design elements' and features 'gourmet kitchens with Wolf appliances,' indicating a comprehensive, high-quality renovation. The description highlights 'immaculately maintained' and 'Turnkey Modern Interiors,' suggesting all visible components are new or virtually new, meeting current quality standards. While the lack of a cooling system is noted, it's an absence of a feature rather than a poor condition of an existing system, and the overall quality of the renovated spaces, particularly the kitchens and bathrooms, aligns with an excellent rating.
Pros & Cons

Pros

Prime Venice Location: Strategically positioned in the heart of Venice, just off the vibrant Abbot Kinney Blvd, offering unparalleled access to amenities and lifestyle.
Versatile Duplex Configuration: Comprises two separate, fully vacant 3-bedroom, 2-bathroom homes, providing flexibility for owner-occupancy with rental income or a pure investment opportunity.
Turnkey Modern Interiors: Recently remodeled with stylish design elements and gourmet kitchens featuring high-end Wolf appliances, ensuring a move-in ready experience.
Private Outdoor Retreats: Features beautifully landscaped gardens, serene courtyards, and charming walkways, creating appealing and private outdoor living spaces.
Ample Off-Street Parking: Offers convenient off-street parking for four cars, a significant and valuable amenity in the dense Venice area.

Cons

Older Construction: Built in 1954, the property's age, despite recent remodels, may imply potential for underlying infrastructure considerations not addressed by cosmetic updates.
Lack of Cooling System: The description does not mention any air conditioning or cooling systems, which could be a comfort drawback during warmer months in California.
Absence of Notable Views: The property does not offer specific desirable views (e.g., ocean, city skyline), which might be a missed opportunity for maximizing value in a premium coastal location.

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