528 Westminster Ave - Apartments FOR SALE


Venice, CA 90291
$2,695,000 USD
310-982-7055
528 Westminster Ave, Venice, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/25
null | 3.24% Cap Rate

528 Westminster Ave
Venice, CA 90291


HIGHLIGHTS

  • Prime Venice location less than a mile from the beach, Venice Boardwalk, and year-round coastal recreation.
  • Minutes to Abbot Kinney Blvd, offering boutique shopping, top -rated restaurants, cafés, and wellness studios.
  • Highly walkable and bike-friendly neighborhood with easy access to grocery stores, markets, and everyday conveniences.
  • Close access to major Westside job centers —Santa Monica, Marina del Rey, Playa Vista, Culver City, and Silicon Beach.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$1,487 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,347,500

CAP RATE

3.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,201 SF

ZONING

LARD1.5

APN/PARCEL ID

4239-023-011

ASK ABOUT THIS PROPERTY

Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anthony WalkerBuckingham InvestmentsMore Info
310-982-7055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.