621 Mildred Avenue, Venice, CA | Pacaso
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$559,0001/8 Ownership

Whole home list price


3 Beds4 Baths2,766 sq ft

About this home
Home of L.A.-based rug designer Erik Lindstrom, this exquisite, contemporary Venice gem offers elegant seaside living amidst impeccable design, all with a focus on sustainable space planning. With three bedrooms, four baths and 2,766 square feet, enjoy city and ocean views and an ideal location. The facade makes an impression with soaring windows and an inviting yellow door. Inside, the great room offers a chic, open space to entertain, with a double-sided, metal fireplace. The Poliform kitchen beckons gourmet cooking with a burgundy marble backsplash set against gray cabinetry. The rooftop deck includes 360-degree city and ocean views and an expansive fire pit. The gorgeous guest suite opens up to a patio, lined with black bamboo. A two-car garage adds convenience and the prime location is moments away from canals, Abbot Kinney Boulevard, and the beach. Welcome to contemporary perfection, where aesthetics and pleasure preside....show more

How we estimated this 1/8 share price

We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.

Purchase PriceWhole home: $3,750,000$468,750
Home Upgrades & ClosingInterior design, furnishings, inspection & title$30,000
Pacaso Service FeeBuyer aggregation, legal & financing$60,250

Estimated 1/8 Ownership44+ nights per year$559,000

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blue pillows on couch with ocean view

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Listing Agent

Courtesy of - Mauricio Umansky, The Agency

Whole home list price: $3,750,000