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$ 2,695,000
Est. payment /mo
Active
528 Westminster Avenue Venice, CA 90291
9 Beds
5,201 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25267049
Bedrooms 9
Lot Size 5,201 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South side of street one block from Abbot Kinney
Interior
Heating Combination Heating
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4239023011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Anthony Walker Buckingham Investments, Inc
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