512 Westminster Ave , Venice, CA 90291
$2,595,000
Est. Payment: $13,057.63/mo
12 Bed
6 Bath
4338 Sqft
Status: active | Days on site: 27
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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 bathroom. 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.

Highlights

Listed by Chase Simonton , 310-383-5927 RE/MAX One , 818-366-3300. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1962

County

Los Angeles

Area

C11 - Venice

Listing ID

26845147

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:LARD1.5
Others:2+ Total Units
Parking Features:Driveway
Principal Interest
$13,058
Taxes
$1,654

Home Price

$2,595,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$519,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,057.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,057.63 $1,654.31 $0.00 $14,711.94
Yearly $156,691.56 $19,851.75 $0.00 $176,543.31
Total $4,700,746.71 $595,552.50 $0.00 $5,296,299.21

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Venice, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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