Stacey Alysson Melman

512 Westminster AV Venice CA 90291 MLS #26845147

512 Westminster AV
Venice, CA, 90291
$2,925,000
12 Beds
6 Baths
4,338 SqFt
0.12 Acres
Add
MLS #26845147 image #0
4-Plex with 6 Income Producing Units – (2) 4+2 split into 4 units: (2) 3+1, (2) 0+1 – 512 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.
AGENT: Chase Simonton
LISTING BROKERAGE: RE/MAX One
512 Westminster AV
Venice, CA

Property Details

Price:
$2,925,000
MLS #:
26845147
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Jun 9, 2026
Finished Sq Ft:
4,338
Total Sq Ft:
4,338
Lot Size:
5,200 sqft / 0.12 acres (approx)
Year Built:
1962
C11 – VeniceC11venice
Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
NO
Heating
WL
Levels
U

Exterior

Other Structures
SH
Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$244,440
Net Operating Income
$165,203

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# 25553163broker reciprocity
1050 12th ST
Santa Monica, CA

$3,800,000

2.7 miles away

broker reciprocity
MLS# BB26100050broker reciprocity
1954 Purdue
Sawtelle, CA

$3,799,000

3.5 miles away

broker reciprocity
MLS# 26673499broker reciprocity
1317 Cabrillo AV
Venice, CA

$3,799,000

0.2 miles away

broker reciprocity
MLS# 26653777broker reciprocity
8004 El Manor AV
Los Angeles, CA

$3,799,000

4.3 miles away

broker reciprocity
MLS# 26651121broker reciprocity
2709 Santa Monica BL
Santa Monica, CA

$3,799,000

2.9 miles away

broker reciprocity
MLS# 26839791broker reciprocity
12000 Navy ST
Los Angeles, CA

$3,795,000

2.5 miles away

broker reciprocity
MLS# 26728141broker reciprocity
1037 Palms BL
Venice, CA

$3,795,000

0.7 miles away

broker reciprocity
MLS# 26666373broker reciprocity
214 S Venice BL
Venice, CA

$3,795,000

0.5 miles away

broker reciprocity
MLS# PTP2603811broker reciprocity
507 W Rustic Rd
Santa Monica, CA

$3,775,000

4.0 miles away