528 Westminster Avenue, Venice, California 90291, Venice, 90291 - bed, bath

528 Westminster Avenue, Venice, California 90291 home-pic-0
ACTIVE$2,695,000
528 Westminster Avenue, Venice, California 90291
0Bed
0Bath
2,609Sqft
5,201Lot
Year Built
1946
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
$1,033
HOA
-
Days on market
-
Sold On
-
MLS number
SB25267049
Home ConditionExcellent
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $2.69M(60th), sqft - 2609(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
11/26/25
Listing
$2,695,000
12/21/20
Sold
$1,610,000
Condition Rating
Excellent

Despite the original build year of 1946, the property has undergone a 'Luxury 2025 Rebuild,' described as being taken down to the studs with new electrical, plumbing, roofing, exterior, and designer-level interiors. The images confirm this with a brand-new, modern aesthetic throughout. The kitchen features new light wood cabinetry, white countertops, and stainless steel appliances, including a modern range hood. Bathrooms are completely updated with double vanities, contemporary black fixtures, glass walk-in showers, and new tiling. Hardwood flooring is consistent, and modern mini-split AC units are visible, along with new tankless water heaters. All components are new or virtually new, meeting current quality standards with no deferred maintenance, fitting the 'excellent' criteria perfectly.
Pros & Cons

Pros

New Construction Quality: The property underwent a luxury 2025 rebuild, taken down to the studs with all-new electrical, plumbing, roofing, exterior, and designer-level interiors, offering the benefits of new construction.
Significant Income Potential: Projected combined market rents of $6,500+ per month across the two existing units and the future ADU, providing strong cash flow and investment appeal.
Shovel-Ready ADU Opportunity: Fully approved 'Ready-To-Issue' (RTI) plans for a stylish 1,185 sq ft freestanding ADU, offering immediate value-add and increased unit count without initial approval hurdles.
Premium Venice Location: Situated in the highly desirable Venice, California neighborhood, known for its strong appreciation, rental demand, and vibrant lifestyle.
Modern Amenities & Finishes: Both high-end duplex units feature open-concept living, central AC, in-unit laundry, spacious primary suites, and all-new premium finishes and fixtures.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2609, other record living area = 1812.
ADU Construction Required: The full income potential and property value are contingent on the buyer completing the ADU, which requires additional capital investment and project management post-purchase.
High Entry Price Point: The list price of $2.695 million is a significant investment, potentially limiting the buyer pool, especially when considering the additional cost for ADU construction.
Reliance on Projections: The stated 'Elevated Income Potential' and 'Projected combined market rents' are estimates, and actual rental income may vary, requiring thorough due diligence from the buyer.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state