This Multifamily Property is no longer advertised on LoopNet.com.

506 Westminster Ave
Venice, CA 90291
Two-Unit 3-Story Development · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Development Opportunity For Two Units
  • Walking Distance To Venice Boardwalk, Venice Beach & Abbot Kinney Shopping
  • Deferred Maintenance Due to Vacancy & Water Leaks
  • Terrace Views, Private Balconies & Private Parking
  • Building Plans Are Available Upon Request

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Construction Status Deferred
Building Size 6,021 SF
Average Occupancy 0%
No. Stories 3
Year Built 2025
Zoning RD1.5 - Restricted Density Multiple

Amenities

Unit Amenities

  • Balcony
  • Kitchen
  • Hardwood Floors
  • Deck
  • Dining Room

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gated
  • Sundeck
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+4 2 $7,375 2,537 - 2,661

Property Taxes

Property Taxes

Parcel Number
4239-023-017
Land Assessment
$2,586,000
Improvements Assessment
$1,724,000
Total Assessment
$4,310,000
  • Listing ID: 34083613

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 506 Westminster Ave, Venice, CA 90291

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