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512 Westminster Avenue

Venice, CA 90291
  • $2,595,000
  • STATUS: Active Under Contract
  • ON SITE: 117 Days
  • ID#: 26845147
Under Contract
UPDATED: 80 min ago
$2,595,000
  • 12
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,338
    SQFT
  • $598
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

Listing Agent(s): Chase Simonton of RE/MAX One (818-366-3300)


Description

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, cafs, galleries, and entertainment.The property consists of a well-maintained 4-plex totaling approximately 4,338 square feet on a 5,200-square-foot lot.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-05T09:26:51.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/177503954
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512 Westminster Avenue Venice, CA 90291

  • Price: $2,595,000
  • Status: Active Under Contract
  • On Site: 117 Days
  • Updated: 80 min ago
  • ID#: 26845147
12
Beds
0
Baths
0
½ Baths
0.12
Acres
4,338
SQFT
$598
$/SQFT
1962
Built
Neighborhood:
C11 - Venice
County:
Los Angeles
Area:
C11 - Venice
Property Description
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, cafs, galleries, and entertainment.The property consists of a well-maintained 4-plex totaling approximately 4,338 square feet on a 5,200-square-foot lot.
Exterior Features

Other Structures Shed(s) Parking Features Driveway Parking Total 4

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6.83 Gross Income 253176 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 177147 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-05T09:26:51.747. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Chase Simonton of RE/MAX One (818-366-3300)