4-Plex with 3BR and Studio
For Sale
Contact for pricing
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
Price / SF$674.27
Days on Market60
Property Features for 512 Westminster Ave
General Information
Standard status
Active
Size
4,338 SF
Property subtype
Multifamily
Building Details
Year Built
1962
Listing Agency:
RE/MAX One
(818) 366-3300
Listed By:
Chase Simonton · License #CA 01766871
Source:
Crexi
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 5 at 12:56PM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,106
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 $2,925,000.
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
