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Four-Unit Multifamily Property
For Sale
Under Contract
$2,595,000

512 Westminster Ave, Venice, CA 90291

Residential Income, Venice, CA

Property Size4,338 SF
Lot Size0.12 Acres
Price / SF$598.20
Days on Market140

Property Features for 512 Westminster Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD1.5
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 9, Bedroom 10, Bedroom 4, Bedroom 11, Bedroom 12, Bedroom 7, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 8
Parking 4
Parking features Driveway
Directions North of San Juan Ave
Subdivision Venice
Standard status Active Under Contract
APN 4239-023-016
Size 4,338 SF
Lot size 0.12 Acres

Building Details

Year built 1962
Floors in Building 2
Number of units 4
Buildings 1
Listing Agency: RE/MAX One · RE/MAX International
Listed By: Chase Simonton · License #01766871
Added: Jun 9 Changed: Oct 24 Last Checked: Oct 26 at 10:06PM
MLS# 26845147

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This four-unit multifamily property in Venice contains approximately 4,338 square feet on a 5,200-square-foot lot. Built in 1962, the property is classified for residential income use and includes driveway parking. The LARD1.5 zoning designation is identified for the site.

The property is located near Abbot Kinney Boulevard, with access to boutique retail, restaurants, cafés, galleries, and entertainment in the surrounding Venice area. Its four-unit configuration and established residential setting provide a defined multifamily format within a coastal Los Angeles community.

Key Highlights

  • Four‑unit multifamily configuration
  • Approximately 4,338 square feet of building area
  • 5,200‑square‑foot lot, or 0.1194 acres

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - LARD1.5-zoned income property with driveway parking near Abbot Kinney Boulevard.
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: Four‑unit multifamily configuration; Approximately 4,338 square feet of building area; 5,200‑square‑foot lot, or 0.1194 acres
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