Fourplex With Six Income
For Sale
$2,595,000
512 Westminster Ave, Venice, CA 90291
Well-maintained fourplex offering six income-producing units with multiple current configurations on a single lot.
Property Size4,338 SF
Lot Size0.12 Acres
Price / SF$598.20
Days on Market81
Property Features for 512 Westminster Ave
General Information
Standard status
Active
Size
4,338 SF
Lot size
0.12 Acres
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
6
Building Details
Building Size
4,338 SF
Year Built
1962
Tenancy
Multi
Listing Agency:
RE/MAX One
(818) 366-3300
Listed By:
Chase Simonton · License #01766871
Source:
Adambrawerestates
Added: Jun 9
Changed: Aug 28
Last Checked: Aug 26 at 2:35PM
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.
This well-maintained fourplex contains six income-producing units across an approximate 4,338-square-foot building on a 5,200-square-foot lot. The property’s front upper and front lower units are configured as separate residences, including two 3-bedroom, 1-bath units plus adjoining studio units, where each studio includes its own bathroom.
According to the existing configurations, what were originally designed as two larger 4-bedroom, 2-bath units were later divided. As currently operated, the building provides four 3-bedroom, 1-bath units and two studio units, creating a total of six units within the fourplex.
For tenants, investors, or operators seeking a multifamily asset with multiple unit types already in place, the property’s current mix of 3-bedroom residences and private-bath studios may support a straightforward leasing approach. The straightforward fourplex structure and on-site unit layout provide multiple unit configurations under one ownership, with the potential for continued management flexibility consistent with the current buildout.
According to the existing configurations, what were originally designed as two larger 4-bedroom, 2-bath units were later divided. As currently operated, the building provides four 3-bedroom, 1-bath units and two studio units, creating a total of six units within the fourplex.
For tenants, investors, or operators seeking a multifamily asset with multiple unit types already in place, the property’s current mix of 3-bedroom residences and private-bath studios may support a straightforward leasing approach. The straightforward fourplex structure and on-site unit layout provide multiple unit configurations under one ownership, with the potential for continued management flexibility consistent with the current buildout.
Key Highlights
- Well‑maintained 4‑plex built in 1962 totaling approx. 4,338 SF on a 5,200‑SF lot
- 6 income‑producing units: four 3BR/1BA units plus two studio units
- Front upper and front lower areas include original configurations later divided into 3BR/1BA and studio units
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,169
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?
Quadplex - Well-maintained fourplex offering six income-producing units with multiple current configurations on a single lot.
Where is this quadplex 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 totaling approx. 4,338 SF on a 5,200‑SF lot; 6 income‑producing units: four 3BR/1BA units plus two studio units; Front upper and front lower areas include original configurations later divided into 3BR/1BA and studio units
