528 Westminster Avenue Venice, CA $ 2,695,000
528 Westminster Avenue
$ 2,695,000
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528 Westminster Avenue

Venice, CA, 90291
$ 2,695,000
Baths2.0 Sq 2,609

Monthly Estimate*

$ 16,813

Listed by Buckingham Investments, Inc
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Studio

Multi-Family Home for sale in Venice, CA

for $2,695,000 with 2 full baths. This 2,609 square foot home was built in 1946 on a lot size of 0.1194.

Luxury 2025 Rebuild: Existing duplex completely taken down to the studs and reconstructed with new electrical, plumbing, roofing, exterior, and designer-level interiors. Two High-End 3 Bed / 2 Bath Residences: Approx. 1,300 sq ft each with open-concept living, private balcony or patio, in-unit laundry, central AC, spacious primary suites, and all-new premium finishes, fixtures, flooring, and cabinetry. Modern ADU Development Opportunity: Fully approved RTI plans for a stylish 1,185 sq ft freestanding ADU, featuring second-story living, open kitchen and living areas, a luxe primary suite with walk-in closet, private balcony, and in-unit laundry. Exceptional Site Layout: Large 5,200 sq ft street-to-alley lot with six parking spaces positioned below the future ADU for optimal functionality. Elevated Income Potential: Projected combined market rents of $6,500+ per month across all three units. Premium Investment Appeal: Enjoy the stability and long-term durability of new construction paired with built-in upside through completing the shovel-ready ADU. Live in a brand new separate home and cover your entire mortgage with rental income.

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Multi-Family Active

Price

$ 2,695,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1194

Year Built

1946

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

SB25267049

Days on Market

20

Features
General
Sewer Public Sewer
Heating Combination Ductless
Cooling Ductless Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1946
Tenant Pays Electricity Gas
Property Subtype Duplex
Gross Income 149988
Community Features Urban
County Los Angeles
Net Operating Income 87291
Operating Expense 55198
Insurance Expense 3261
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 7124
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South side of street one block from Abbot Kinney
City Venice
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 5201
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 450
Fuel Expense 450
Trash Expense 450
Water Sewer Expense 450
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 10
Property Sub Type Additional Duplex
Taxes 33688
Cap Rate 3.2
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Back Yard
Water Source Public
Total Parking 4
Lot Size Area 5201
Number of Buildings 1
Building Area Total 2609
Lot Size Acres 0.1194
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 3
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* Excluded Features
List By
Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

Affordability Calculator

$16,813
Per Month
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Monthly Principal & Interest
$16,813
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/27/2025$2,695,000 Listed Price

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528 Westminster Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,695,000 with 2,609 sqft and a lot size of 0.1194. 528 Westminster Avenue is a studio with 2.0 baths and was built in 1946. The property's zip code is 90291 which is in Venice, CA