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$2,595,000
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Property Description
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.
Full Property Details
Full Property Details for 512 Westminster Ave
General
- Price: $2,595,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26845147
- Updated: 7/6/2026
- Added to Site: 48 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Additional Information
- Other Features: Shed(s)
Parking
- Garage Description: Driveway
Location
- Area: Venice
- County: Los Angeles
- Driving Directions: North of San Juan Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,338
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1962
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 3
Unit 4
- Total Bathrooms: 1
- Bedrooms: 3
Unit 5
- Total Bathrooms: 1
Unit 6
- Total Bathrooms: 1
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.1194
- Lot Size: 5200
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $598.2
- Assessment Year: 1962
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4239-023-016
Listed by RE/MAX One, Chase Simonton
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Schools
Schools serving 512 Westminster Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Westminster Avenue Elementary School 1010 Abbott Kinney Blvd., Los Angeles, CA 90291 | K-5 | 0.2 mi |
Mark Twain Middle School and World Languages Magnet 2224 Walgrove Avenue, Los Angeles, CA 90066 | 6-8 | 1.5 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 Westminster Ave
Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$2,595,000
-11.28%
MLS
6/09/2026
Listed
$2,925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 512 Westminster Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,484
4%
$410,732
4%
2023
$5,271
5%
$394,784
2%
2022
$5,043
2%
$387,044
2%
2021
$4,955
-1%
$379,456
1%
2020
$4,998
4%
$375,566
2%
2019
$4,815
1%
$368,203
2%
2018
$4,759
2%
$360,984
2%
2017
$4,664
3%
$353,907
2%
2016
$4,512
1%
$346,969
2%
2015
$4,451
-1%
$341,758
2%
2014
$4,492
—
$335,064
—
2013
$4,487
—
$333,551
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 512 Westminster Ave
512 Westminster Ave, Venice, CA 90291 (MLS# 26845147) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 512 Westminster Ave is currently listed for $2,595,000 and was received on June 09, 2026. Want to learn more about 512 Westminster Ave? Do you have questions about finding other Multi-Family real estate for sale in Venice? You can browse all Venice real estate or contact a Coldwell Banker agent to request more information.

