512 Westminster Ave Venice, CA 90291
Venice NeighborhoodEstimated payment $14,473/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Interior Spaces
- 4,338 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
Additional Features
- Shed
- 5,200 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4239-023-016
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,484 | $410,732 | $115,976 | $294,756 |
| 2024 | $5,363 | $402,679 | $113,702 | $288,977 |
| 2023 | $5,271 | $394,784 | $111,473 | $283,311 |
| 2022 | $5,043 | $387,044 | $109,288 | $277,756 |
| 2021 | $4,955 | $379,456 | $107,146 | $272,310 |
| 2019 | $4,815 | $368,203 | $103,969 | $264,234 |
| 2018 | $4,759 | $360,984 | $101,931 | $259,053 |
| 2016 | $4,512 | $346,969 | $97,974 | $248,995 |
| 2015 | $4,451 | $341,758 | $96,503 | $245,255 |
| 2014 | $4,492 | $335,064 | $94,613 | $240,451 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $2,595,000 | -11.3% | $598 / Sq Ft |
| 06/09/2026 06/09/26 | For Sale | $2,925,000 | -- | $674 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: The MLS
MLS Number: 26845147
APN: 4239-023-016
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