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Triplex with Loft-Style Units
For Sale
$2,100,000

563 Westminster Ave, Venice, CA

Two contemporary rear lofts complement a detached bungalow with private garages and driveway parking.

Property Size3,376 SF
Lot Size0.12 Acres
Price / SF$622.04
Days on Market70

Property Features for 563 Westminster Ave

General Information

Standard status Active
Size 3,376 SF
Lot size 0.12 Acres
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units 3
Listing Agency: Compass
Listed By: Michael Irvine · License #01839544
Source: Exprealty
Added: Jun 2 Changed: Aug 9 Last Checked: Aug 9 at 6:46PM

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 Compass

Investment Insights

Based on property information with market context.

This triplex contains 3,376 square feet on a 5,206-square-foot lot. The rear portion includes two contemporary loft-style residences, each configured with 2 bedrooms and 2 bathrooms. A detached bungalow at the front adds a separate 1-bedroom, 1-bathroom dwelling with a distinct character from the newer rear units.

Private garages and driveway parking serve the property. The address is in Venice, steps from Abbot Kinney Blvd and within a beachside neighborhood. The combination of three separate residences, varied architectural styles, and on-site parking creates a distinctive multifamily configuration.

Key Highlights

  • 3,376‑square‑foot triplex on a 5,206‑square‑foot lot
  • Two rear loft‑style units, each with 2 bedrooms and 2 bathrooms
  • Detached front bungalow with 1 bedroom and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,631
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two contemporary rear lofts complement a detached bungalow with private garages and driveway parking.
Where is this triplex located?
The property is located at 563 Westminster Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3,376‑square‑foot triplex on a 5,206‑square‑foot lot; Two rear loft‑style units, each with 2 bedrooms and 2 bathrooms; Detached front bungalow with 1 bedroom and 1 bathroom
More about this property
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