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About This Home
This 12-bedroom, 6-bathroom residential multi family at 512 Westminster Ave in Venice, CA is listed for $2,925,000 ($674 per sqft). Built in 1962, the home offers 4,338 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1962
- 0.12 acre lot
- 2 stories
- 4 parking spaces
Property Details
Monthly Cost Estimate
$15,644/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
512 Westminster Ave
Venice, CA 90291
Property Details
Parking
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 512 Westminster Ave is listed at $2,925,000 ($674/sqft). The estimated monthly payment is $12,675 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.12 acre lot, 2 stories, 4 parking spaces.
This property is listed by Chase Simonton and can be reached at 3103835927 or Chase@RemaxOneCommercial.com.


