506 Westminster Ave Venice, CA 90291

$3,400,000
0 beds
5,744 sqft
0.1 acres
$592 / sqft
House

Property details

About 506 Westminster Ave

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!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size5,744 sqft
Lot size0.1194 Acres
ParkingDoor-Multi, Garage
MLS #24466641

Summary

  • MLS Number: 24466641
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 995-2424
  • Listing Agent: Philip Boroda

IDX 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: 2/10/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$3,400,000

506 Westminster Ave

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Price information

Property sales

DateEventPrice
Jul 22, 2014
Home Sold
$1,740,000

Tax history

YearAssessmentProperty Tax
2024$1,904,726$23,007
2023$1,867,379$22,557
2022$1,830,765$21,498
2021$1,931,958$21,341
2020$1,912,150$22,259
2019$1,874,658$22,174
2018$1,837,901$21,688
2017$1,801,865$21,688

History based on county public records data.

Nearby schools

5

Westminster Avenue Elementary

Public District KG-5

0.2 mi

1010 Abbot Kinney Blvd

8

Broadway Elementary School

Public District KG-5

0.6 mi

1015 Lincoln Blvd

6

Coeur d'Alene Avenue School

Public District KG-5

0.9 mi

810 Coeur D Alene Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $92,418. The most common annual income of people living in Venice, CA is less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

28%
<35k
26%
35k-100k
26%
100k-200k
20%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
43%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 Westminster Ave

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. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $3,400,000.

In January 2025 more than 294 listings in Venice, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of homes for sale in Venice, CA increased by 20.1% between December and January 2025. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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