4-Plex with 3BR and Studio
For Sale
$2,595,000
Pending
512 Westminster Ave, Venice, CA 90291
Well-maintained 4-plex offering six income-producing units, including four 3-bedroom residences and two studio units.
Property Size4,338 SF
Days on Market151
Property Features for 512 Westminster Ave
General Information
Standard status
Pending
Size
4,338 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
4,338 SF
Year Built
1962
Listing Agency:
RE/MAX One
Listed By:
Chase Simonton · License #01766871
(310) 383-5927
Source:
Adambrawerestates
Added: Jun 9
Changed: Oct 31
Last Checked: Nov 4 at 11:05PM
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 RE/MAX One
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Investment Insights
Based on property information with market context.
512 Westminster Avenue is a well-maintained 4-plex totaling approximately 4,338 square feet on a 5,200-square-foot lot. The current configuration includes six income-producing units: four 3-bedroom, 1-bathroom units and two studio units. The front upper and front lower portions are each set up as a 3-bedroom, 1-bathroom residence with adjoining studio units. Each studio includes its own bathroom. According to the provided history, the units were originally designed as two 4-bedroom, 2-bathroom units and were later divided into the present mix of 3-bedroom and studio layouts.
The property is located in Venice, with access to the walkable retail and dining corridor centered on Abbot Kinney Boulevard. The remarks describe proximity “just steps” from Abbot Kinney, along with immediate access to boutique shopping, restaurants, cafes, galleries, and entertainment.
For buyers and operators, this building offers a compact multifamily structure with a consistent unit mix across the property: 3-bedroom layouts paired with studio units, all under one roof. That combination can support leasing flexibility for different household types while keeping the overall operating profile centered on a 4-plex format in a high-demand Venice rental area.
The property is located in Venice, with access to the walkable retail and dining corridor centered on Abbot Kinney Boulevard. The remarks describe proximity “just steps” from Abbot Kinney, along with immediate access to boutique shopping, restaurants, cafes, galleries, and entertainment.
For buyers and operators, this building offers a compact multifamily structure with a consistent unit mix across the property: 3-bedroom layouts paired with studio units, all under one roof. That combination can support leasing flexibility for different household types while keeping the overall operating profile centered on a 4-plex format in a high-demand Venice rental area.
Key Highlights
- Well‑maintained 4‑plex built in 1962 with approximately 4,338 SF on a 5,200 SF lot
- Six income‑producing units total: four 3‑bedroom, 1‑bath units and two studio units
- Front upper and front lower units include adjoining studio units, each studio with its own bathroom
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
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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
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 4-plex offering six income-producing units, including four 3-bedroom residences and two studio units.
Where is this apartment building located?
The property is located at 512 Westminster Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex built in 1962 with approximately 4,338 SF on a 5,200 SF lot; Six income‑producing units total: four 3‑bedroom, 1‑bath units and two studio units; Front upper and front lower units include adjoining studio units, each studio with its own bathroom
