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.
Listed by Chase Simonton
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License #01766871
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RE/MAX One
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310-383-5927
Last updated June 09, 2026
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Source: CRMLS #26845147
Listing Facts
TypeMulti-family
NeighborhoodOakwood
Bedrooms12
Days on Prevu6
Size4,338 sqft
Price per sqft$674
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/09/2026
Listed by RE/MAX One
$2,925,000
Property Details for 512 Westminster Avenue
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 2
Year Built: 1962
Features
Other Structures: Shed(s)
Measurements
Building Area Total: 4,338
Lot Size Acres: 0.11
Lot Size Area: 5,200
Lot Size Square Feet: 5,200
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $244,440.00
Taxes
Parcel Number: 4239023016
Interior
Measurements
Living Area: 4,338
Rooms
Bathrooms Total Integer: 6
Bedrooms Total: 12
Parking
Parking
Parking Features: Driveway
Parking Total: 4
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 12 bedrooms in this multi-family home at 512 Westminster Avenue.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 512 Westminster Avenue.
How does 512 Westminster Avenue compare to other multi-family homes in Oakwood?
This multi-family home is listed 10% below the average price for multi-family homes in Oakwood and has been on the market for 131 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,338 sqft.
512 Westminster Avenue is a 12-bedroom multi-family home for sale in Venice CA 90291. Listed on Prevu for 6 days at $2,925,000. This property features 4,338 square feet of living space, located in Oakwood. The median listing price for multi-family homes in this area is $2,300,000. The home offers parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.