Active

512 Westminster Avenue

Venice, CA 90291

$2,925,000 $12,331/Mo

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Overview

Bed

Bath

4,338

Sqft

5,200

Sqft(Lot)

Description

4-Plex with 6 Income Producing Units - (2) 4+2 split into 4 units: (2) 3+1, (2) 0+1 - 512 Westminster Avenue presents a rare value-add multifamily investment opportunity in the heart of Venice, one of Los Angeles' most sought-after coastal rental markets. Ideally situated just steps from world renowned Abbot Kinney Boulevard, the property benefits from exceptional walkability and immediate access to Venice's premier collection of boutique shopping, acclaimed restaurants, cafes, galleries, and entertainment.The property consists of a well-maintained 4-plex totaling approximately4,338 square feet on a 5,200-square-foot lot. The front upper and front lower units are currently configured as separate 3-bedroom, 1-bathroom residences with adjoining studio units, each studio containing its own ba throom. These configurations were originally designed as two 4-bedroom, 2-bathroom units and were subsequently divided, creating a 3-bedroom, 1-bathroom unit and a studio unit with bathroom in each case.As a result, the property currently operates with four 3-bedroom, 1-bathroom units and two studio units.With six income-producing units, significant frontage in a premierWestside location, and multiple avenues for future upside, 512Westminster Avenue offers investors the opportunity to acquire a trophyVenice asset with stable in-place income and compelling long-term appreciation potential in one of Southern California's most dynamic coastal communities.

Property Details

Property Type : Residential Income

Price : $2,925,000

AD Id : 81922508

MLS Id : 26845147

Beds : 12

Lot Size : 5,200 Sqft

Living Area Size : 4,338

Year Built : 1962

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 12

Bathroom Information

Total Baths: 6 Full Baths: 0 Half Baths: 0
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1962 Building Area Total: 4,338

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1194
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5200

Listing Price Information

Original List Price: 2,925,000 Listing Contract Date: 2026-06-09
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4239023016

Garage and Parking

Garage Description: Driveway

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: C11 - Venice Postal Code Plus 4: 3354 Directions: North of San Juan Ave Zoning: LARD1.5 Source Property Type: Residential Income Area: C11 - Venice
Building and Construction

Property Age: 64 Year Built Source: Vendor Enhanced Total Square Feet Living: 4338 Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3932 Glencoe Avenue, Venice, CA, 90291	$4,299,000	4	6	4,325	4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291	$2,495,000	--	--	2,947	2,947 SqFt
2478 Glyndon Avenue, Venice, CA, 90291	$1,850,000	4	2	2,807	2,807 SqFt
2040 Glencoe Avenue, Venice, CA, 90291	$4,748,000	4	4	3,800	3,800 SqFt
2445 Glyndon Avenue, Venice, CA, 90291	$4,650,000	5	5	3,950	3,950 SqFt
2026 Louella Avenue, Venice, CA, 90291	$4,095,000	4	4	3,400	3,400 SqFt
2477 Walnut Avenue, Venice, CA, 90291	$1,885,000	4	2	1,398	1,398 SqFt
1347 Palms Boulevard, Venice, CA, 90291	$9,600,000	4	4	3,872	3,872 SqFt
2013 Louella Avenue, Venice, CA, 90291	$3,648,000	4	4	3,175	3,175 SqFt
2036 Glyndon Avenue, Venice, CA, 90291	$4,995,000	5	5	4,275	4,275 SqFt

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ByOwner last updated this listing 06/10/2026 @ 09:20

MLS: 26845147 LISTED BY: Chase Simonton, RE/MAX One 818-366-3300 SOURCE: CRMLS