563 Westminster Ave Active Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,376 sqft
Price per Sqft $348
MLS Listing ID 25571827
Style California Bungalow
Bedrooms 5
Year Built 1926
Lot Size 5,206 Sqft
Property Sub-Type Multi-Family
Property Description
A rare and exciting opportunity to own a 50% Tenant-In-Common (TIC) interest in a charming Venice triplex, located just blocks from Abbot Kinney, the beach, and the iconic canals. This offering includes exclusive use of a spacious 1400 SQFT 2-bedroom, 2-bath unit (#3), full of Venice charm with hardwood floors, an updated kitchen, fireplace and abundant natural light. In addition, the buyer will receive 50% ownership interest in the detached front bungalow, creating potential for shared income, flexible use, or future value. Each unit enjoys a private garage with storage plus one additional assigned parking space in a secured lot, a rare luxury in Venice. With no HOA dues, this is an ideal alternative to a condo, offering the benefits of ownership at a more accessible price point in one of LA's most vibrant neighborhoods. This is a TIC sale for a 50% undivided interest in the entire property, with exclusive rights to one unit and shared ownership in the front bungalow.
Location
State CA
County Los Angeles
Area Venice
Zoning LARD1.5
Rooms
Other Rooms None
Dining Room 1
Kitchen Tile Counters, Quartz Counters
Interior
Heating Wall Gas
Cooling None
Flooring Hardwood, Tile, Carpet, Stone Tile
Fireplaces Type Living Room, Wood Burning
Equipment Alarm System, Ceiling Fan, Dishwasher, Dryer, Washer, Garbage Disposal, Range/Oven, Refrigerator, Ice Maker, Gas Dryer Hookup, Vented Exhaust Fan
Laundry In Kitchen, Garage
Exterior
Parking Features Assigned, Built-In Storage, Garage - 3 Car, Garage Is Attached, Door Opener, Controlled Entrance, Gated, Tandem
Garage Spaces 6.0
Pool None
Amenities Available None
Waterfront Description None
View Y/N No
View None
Roof Type Asphalt, Rolled/Hot Mop
Building
Lot Description Exterior Security Lights, Curbs, Fenced Yard, Front Yard, Gutters, Sidewalks, Single Lot, Lot-Level/Flat, Yard, Street Asphalt, Street Lighting, Street Paved, Utilities - Overhead
Story 1
Foundation Slab, Raised
Water District
Structure Type Stucco, Vertical Siding, Wood Siding
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard