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For sale
  • Price cut: $330K (7/6)
    $2,595,000

    512 Westminster Ave, Venice, CA 90291

    12beds
    6baths
    4,338sqft
    : 
    $17,217/mo
    Get pre-qualified
    Multi Family
    Built in 1962
    -- sqft lot
    $2,448,400 Zestimate®
    $598/sqft
    $-- HOA

    What's special

    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.
    45 days
    |
    162
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Simonton DRE # 01766871 310-383-5927,

    RE/MAX One 818-366-3300

    Source: CLAW,MLS#: 26845147MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Wall
      Cooling
      • None
      Interior area
      • Total structure area: 4,338
      • Total interior livable area: 4,338 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,201 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: 4239023016
      • Zoning: LARD1.5
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1962

      Community & HOA

      Location
      • Region: Venice

      Financial & listing details

      • Price per square foot: $598/sqft
      • Tax assessed value: $410,732
      • Annual tax amount: $5,484
      • Date on market: 6/9/2026

        Estimated market value

        $2,448,400

        $2.33M - $2.57M

        $6,705/mo

        Price history

        DateEventPrice
        7/6/2026Price change$2,595,000-11.3%$598/sqft
        Source: CLAW #26845147 Report a problem
        6/9/2026Listed for sale$2,925,000$674/sqft
        Source: CLAW #26845147 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,484 +2.3%$410,732 +2%
        2024$5,363 +1.7%$402,679 +2%
        2023$5,271 +4.5%$394,784 +2%
        2022$5,043 +1.8%$387,044 +2%
        2021$4,955 -0.9%$379,456 +1%
        2020$4,998 $375,566 +2%
        2019$4,998 +5%$368,203 +2%
        2018$4,759 $360,984 +2%
        2017$4,759 +2%$353,907 +2%
        2016$4,664 +3.4%$346,969 +1.5%
        2015$4,512 +0.4%$341,758 +2%
        2014$4,492 $335,064 +2.5%
        2012-- $327,012 +2%
        2011-- $320,601 +0.8%
        2010-- $318,206 -0.2%
        2009-- $318,963 +2%
        2008-- $312,709 +2%
        2007-- $306,578 +2%
        2006-- $300,568
        2005-- $300,568 +4%
        2004-- $288,898 +1.9%
        2003-- $283,604 +2%
        2002-- $278,044 +4%
        2000-- $267,249
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Venice

        Getting around

        94 / 100
        Walker's Paradise
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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