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30049520
30049522

608 Westminster Ave, Los Angeles, CA 90291 For Sale

BK
CA 01857106
Keyes Real Estate
Listed by Keyes Real Estate
$3,400,000
138 days on market
Updated 83 days ago

608 Westminster Avenue

Details
APN 4239-024-024
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,212
Units 3
Cap Rate 4.35%
NOI $147,739
Occupancy 100%
Pro-Forma Cap Rate 4.52%
Pro-Forma NOI $153,522
Price per SqFt $1,059
Broker Co-Op Yes
Year Built 1946
Buildings 2
Stories 3
Lot Size (SqFt) 5,203
Investment Type Stabilized

Rare Coastal Compound 2 Blocks to Abbot Kinney

Marketing description

A rare coastal compound just blocks from the sand and steps to iconic Abbot Kinney Boulevard, ideally located in the coveted Venice Beach Walk Streets near the Abbot Kinney Corridor. This exceptional triplex offers a compelling blend of architectural character, income potential, and lifestyle flexibility in one of the Westside's most sought-after neighborhoods.

The front structure features a well-designed duplex comprised of two spacious two-bedroom, one-bath residences. The lower unit is grounded by warm hardwood floors and refined finishes, opening effortlessly to an expansive private deck and patio retreat a sun-drenched outdoor setting ideal for entertaining, lounging, or dining al fresco. Above, the upper residence is a bright and airy home filled with natural light, offering a peaceful, elevated coastal ambiance.

Privately set at the rear, the three-level architectural residence lives like a standalone single-family home. Situated on its own gated portion of the lot, this striking unit offers a private entry yard and a versatile ground-level flex space ideal for a studio, creative office, gym, or potential third bedroom. The upper floors feature two bedrooms and two baths, culminating in a dramatic top-level open-concept living and kitchen space. Rich hardwood flooring, expansive windows, and a private deck create a refined, light-filled environment perfectly suited for an owner-user, creative professional, or those seeking a premier Venice compound. An attached garage with convenient alley access completes the residence.

Whether envisioned as a high-performing income property, multi-generational living opportunity, or an owner-occupied investment in a premier coastal enclave, this is a rare chance to secure scale, flexibility, and proximity to the beach in one of Los Angeles' most dynamic neighborhoods.

Investment highlights

  • Rare Venice coastal compound just blocks from the sand and steps to Abbot Kinney, located in the coveted Beach Walk Streets.

  • Versatile triplex layout featuring a front duplex (two 2-bedroom, 1-bath units) plus a rear architectural residence that lives like a standalone single-family home.

  • Exceptional flexibility and income potential, ideal for owner-users, multi-generational living, or a high-performing investment in one of the Westside’s most sought-after neighborhoods.

Listing Contacts

BK
CA 01857106
Keyes Real Estate
Listed by Keyes Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,739.00
$12,311.58/mo

Valuation Metrics

0
DSCR
4.35%
Cap Rate
4.35%
ROI

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Additional Information

Name
Bradley Keyes
License
01857106
Brokerage
Keyes Real Estate
Brokerage Phone
3103673372
Title
Managing Broker
Brokerage Address
1412 Colorado Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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