How would you like to own a historic, eight-cottage compound with a history that touches the very founder of its Venice community?
The possibilities are endless: party pad, Silicon Valley–style tech incubator, meditative retreat or just plain old rental property.
The choice is yours, so long as you have $5.8 million.
Real estate agents Mark Kanights and Craig O'Rourke of Coldwell Banker say they have already received multiple offers for the new listing.
The compound was built by Irving Tabor, described by the agents as Abbot Kinney's chauffeur, personal assistant and “dear friend.” It was constructed using wood salvaged from a defunct local pier, including its boathouse and amusement park, they said.
The cottages, which offer 5,300 square feet of living space, have received updates and “contemporary finishes,” as you can see in photos below.
“You're just transported,” O' Rourke says. “It's truly a compound with nothing like it in Venice.”
It appears the nine-bed, nine-bath compound was named Westminster Place. It was built between 1915 and 1922. However, it does not enjoy official city historic status, the agents say.
It was one of Tabor's family residences. He also inherited the Kinney family home on the Grand Canal in Venice when the founder passed away in 1920, according to the agents, who point out that Tabor couldn't initially live there as a result of racial covenants.
So that structure was moved to 1310 Sixth Ave. in Venice's historically African-American Oakwood neighborhood and is now a city Cultural-Historic Monument. The property includes bungalows moved after part of the canal was filled in.
The Westminster Place compound is also in Oakwood, where it occupies more than 10,000 square feet of lot space at 605 and 607 Westminster Ave.
“It's a property that opens up a whole realm of ideas in what is arguably one of the hottest real estate markets in the United States right now,” O' Rourke says. “Venice off Abbot Kinney Boulevard — it doesn't get any hotter than that.”
Take a look for yourself from 2 to 5 p.m. on Sunday, when agents will host an open house.