$2,595,000

Residential Income In Venice

  • 12 Beds
  • 6 Baths
  • 4,338 Sqft
  • 5,200 Sqft lot
  • Updated: July 7
  • Source:
    The MLS (CLAW)  MLS#26845147

About the Property

4-Plex with 6 Income Producing Units - (2) 4+2 split into 4 units: [hidden information] Westminster Avenue presents a rare value-add multifamily investment opportunity in the heart of Venice, one of Los Angeles’ most sought-after coastal rental markets. Ideally situated just steps from world renowned Abbot Kinney Boulevard, the property benefits from exceptional walkability and immediate access to
4-Plex with 6 Income Producing Units - (2) 4+2 split into 4 units: [hidden information] Westminster Avenue presents a rare value-add multifamily investment opportunity in the heart of Venice, one of Los Angeles’ most sought-after coastal rental markets. Ideally situated just steps from world renowned Abbot Kinney Boulevard, the property benefits from exceptional walkability and immediate access to Venice’s premier collection of boutique shopping, acclaimed restaurants, cafes, galleries, and entertainment. The property consists of a well-maintained 4-plex totaling approximately4,338 square feet on a 5,200-square-foot lot. The front upper and front lower units are currently configured as separate 3-bedroom, 1-bathroom residences with adjoining studio units, each studio containing its own bathroom. These configurations were originally designed as two 4-bedroom, 2-bathroom units and were subsequently divided, creating a 3-bedroom, 1-bathroom unit and a studio unit with bathroom in each case. As a result, the property currently operates with four 3-bedroom, 1-bathroom units and two studio units. With six income-producing units, significant frontage in a premierWestside location, and multiple avenues for future upside, 512Westminster Avenue offers investors the opportunity to acquire a trophyVenice asset with stable in-place income and compelling long-term appreciation potential in one of Southern California’s most dynamic coastal communities.
  • Property type

    Other

  • Floors

    2

  • Year built

    1962

  • Price/sqft

    $598

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512 Westminster Avenue, Los Angeles, California, United States View on Google Maps
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RE/MAX One - Porter Ranch

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RE/MAX One - Porter Ranch
California, United States
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2025
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RE/MAX One - Porter Ranch
Porter Ranch, California, United States
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Last updated
July 7
First listed
Jun 10
Listing reference
26845147
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