512 Westminster Ave
Multifamily | 5.65% CAP | 4 Units
Marketing description
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 approximately 4,338 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 premier Westside location, and multiple avenues for future upside, 512 Westminster Avenue offers investors the opportunity to acquire a trophy Venice asset with stable in-place income and compelling long-term appreciation potential in one of Southern California's most dynamic coastal communities.
Investment highlights
- 4 units
- (4) 3+1, (2) Studios
- 11.97 GRM
- 6 income-producing units - Two original 4BD/2BA units reconfigured into 3BD/1BA units plus studio units with private bathrooms.
- Prime Venice location just moments from Abbot Kinney Boulevard's renowned dining, retail, and nightlife
- Short distance to Venice Beach and the Pacific Ocean, a major driver of tenant demand
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?




























