563 Westminster Avenue, Venice, CA 90291
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
563 Westminster Avenue,Venice, CA 90291
$1,175,000
- 5 Beds
- 5 Baths
- 3,376 sq. ft.
- Multi-family
- Active
Listed by:narinderpaul badhan
Office:westgate property group inc.
MLS#:25571827
Source:CRMLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$348.05
About this home
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.
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Home facts
- Year built:1926
- Listing ID #:25571827
- Added:63 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Living area:3,376 sq. ft.
Structure and exterior
- Roof:Rolled Hot Mop
- Year built:1926
- Building area:3,376 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$348.05
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