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Fourplex Multifamily Property

512 Westminster Avenue, Venice, CA 90291

For Sale
New
$2,595,000
Pending

The property is zoned LARD1.5 and includes a driveway.

Property Size4,338 SF
Lot Size0.12 Acres
Days on Market2

Property Features for 512 Westminster Avenue

General Information

Standard status Pending
Size 4,338 SF
Lot size 0.12 Acres
Property subtype Residential Income
Zoning LARD1.5

Additional Details

Multifamily Units 4

Amenities

true
6
2
12
false
5200
4
0.1194
Driveway
4338
1

Building Details

Building Size 4,338 SF
Year Built 1962
Buildings 1
Stories 2
Listing Agency: RE/MAX One
Listed By: Chase Simonton · License #01766871
Source: Remaxaegisca
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 1:41AM

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

Rey
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Investment Insights

Based on property information with market context.

Located at 512 Westminster Avenue in Venice, this four-unit multifamily property contains approximately 4,338 square feet on a 5,200-square-foot lot. Built in 1962, the property is zoned LARD1.5 and includes a driveway.

Abbot Kinney Boulevard is nearby, with shops, restaurants, cafés, galleries, and entertainment in the surrounding area.

Key Highlights

  • Four‑unit multifamily property with approximately 4,338 square feet
  • 5,200‑square‑foot lot
  • Zoned LARD1.5

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,106
Businesses Nearby

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

Average Price Trend$/SF for Quadplexes in Venice, CA

$758 Jul
$760 Aug
$958 Sep
$1,071 Oct

Properties on Market for Quadplexes in Venice

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The property is zoned LARD1.5 and includes a driveway.
Where is this quadplex located?
The property is located at 512 Westminster Avenue 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: Four‑unit multifamily property with approximately 4,338 square feet; 5,200‑square‑foot lot; Zoned LARD1.5
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Includes: Price & PSF · Cap rate · Location · Zoning

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