Gut-Renovated Apartment
For Sale
Contact for pricing
40 Westminster Ave, Los Angeles, CA 90291
Gut-renovated multifamily building with in-unit washer/dryer and renovated kitchens and baths, with 6 units to be delivered vacant at close.
Property SizeContact for details
Days on Market123
Property Features for 40 Westminster Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
18
Listing Agency:
Taksa Investment Group
Listed By:
Rob Renshaw · License #CA 01332831
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 10:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taksa Investment Group
Investment Insights
Based on property information with market context.
This renovated apartment building has been meticulously gut renovated with necessary permits pulled. The property contains 18 units, with 12 units described as reimagined and improved floorplans, while 6 units are noted as original units. The listing states that 6 units will be delivered vacant at close. Renovated units are described as having in-unit washer/dryer and fully appointed kitchens and baths.
The building is approximately 400 feet from the sand and positioned half a block from Venice Beach, with the Venice boardwalk steps away. It is across the street from the Westminster Dog Park and described as a short walk to Abbot Kinney.
The asset presents a mix of fully renovated and original units within a single 18-unit multifamily building, with at-close vacant delivery of 6 units.
The building is approximately 400 feet from the sand and positioned half a block from Venice Beach, with the Venice boardwalk steps away. It is across the street from the Westminster Dog Park and described as a short walk to Abbot Kinney.
The asset presents a mix of fully renovated and original units within a single 18-unit multifamily building, with at-close vacant delivery of 6 units.
Key Highlights
- Half a block to Venice Beach; 40 Westminster is about 400 feet from the sand
- Gut‑renovated multifamily building with permits pulled
- 18 total units; 12 units have reimagined, improved floorplans and 6 original units offer upside potential
Property Analytics
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
2,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gut-renovated multifamily building with in-unit washer/dryer and renovated kitchens and baths, with 6 units to be delivered vacant at close.
Where is this apartment building located?
The property is located at 40 Westminster Ave Los Angeles, CA.
What are key features of this property?
This property features: Half a block to Venice Beach; 40 Westminster is about 400 feet from the sand; Gut‑renovated multifamily building with permits pulled; 18 total units; 12 units have reimagined, improved floorplans and 6 original units offer upside potential
