$2,100,000
563 Westminster Avenue, Venice CA 90291
Multi-Family (3 Units)
Property type
3 days
On market
$622
Price per sqft
3 cars
Garage
1926
Year built
5,206 sqft
Lot size
Home highlights
Open Houses
Overview
Located in the heart of Venice, just steps from the vibrant energy of Abbot Kinney Blvd, this exceptional triplex is a rare find. Spanning 3,376 square feet on a 5,206-square-foot lot, the property offers a unique blend of modern style and classic charm. At the rear, you'll find two contemporary loft-style units, each featuring 2 bedrooms and 2 bathrooms perfectly designed...
Listing provided by: Michael Irvine DRE #01839544 310-435-3093, Compass
Listing updated: Jun 2, 2026 at 05:28am.
Last checked: Jun 5, 2026 at 08:00pm
Source: CRMLS #26841433
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $2,704 | $2,704 | $2,704 | Unfurnished |
| 1 | 2 | 2 | 1 | $4,500 | $4,500 | $4,500 | Unfurnished |
| 1 | 2 | 2 | 1 | $4,500 | $0 | $4,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Carpet: 3
Dishwasher: 3
Ranges: 3
Refrigerator: 3
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.0x
List Price / Annual Gross Rent
Cap Rate
5%
NOI / List Price
Net Operating Income: $105,998
Interior
Interior Features: Balcony, Open Floor Plan, Attic
Room Type: Attic
Flooring: Carpet, Wood
Cooling: None
Heating: Wall Furnace
Appliances: Built In, Dishwasher, Microwave, Oven, Range, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Accessibility: None
Entry Location: Other
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Foundation: Raised, Slab
Construction Materials: Frame, Stucco
Common Walls: One Common Wall
Direction Faces: South
Pool: None
Spa: None
Patio and Porch Features: Deck
Garage and Parking
Parking: Door Multi, Driveway, Garage, Gated, Private, Uncovered
Garage Spaces: 3
Uncovered Spaces: 3
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 4239020020
Zoning: LARD1.5
Lot Size Dimensions: 42x129
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 563 Westminster Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,680,000
Total Interest
$2,142,747
Total Payment
$3,822,747
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,956
per month
Property History for 563 Westminster Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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