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.
For sale
$1,175,000
563 Westminster Ave, Venice, CA 90291
5beds
5baths
3,376sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 970 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 02:01am
Listed by:
Narinderpaul Badhan DRE # 02102909 323-387-2803,
Westgate Property Group Inc. 800-390-5099
Source: CLAW,MLS#: 25571827

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Rooms
- Room types: Dining Room, Entry, Formal Entry, Living Room, Loft, Patio Open
Bathroom
- Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile, Shower and Tub
Kitchen
- Features: Tile Counters
Heating
- Wall Gas
Cooling
- None
Appliances
- Included: Free Standing Gas, Gas Oven, Range Hood, Dishwasher, Dryer, Washer, Disposal, Range/Oven, Refrigerator, Ice Maker, Vented Exhaust Fan, Gas Water Heater
- Laundry: In Kitchen, In Garage, Gas Dryer Hookup
Features
- 2 Staircases, High Ceilings, Living Room Balcony, Recessed Lighting, Storage, Two Story Ceilings, Ceiling Fan(s)
- Flooring: Hardwood, Tile, Carpet, Stone Tile
- Doors: Sliding Doors
- Windows: Custom Window Covering, Blinds, Screens, Skylight(s)
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: Common Walls
Interior area
- Total structure area: 3,376
- Total interior livable area: 3,376 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Storage, Garage - 3 Car, Garage Is Attached, Garage Door Opener, Secured, Gated, Tandem
- Attached garage spaces: 3
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 1
- Entry location: Ground Level w/steps
- Patio & porch: Front Porch, Covered Porch
- Exterior features: Balcony, Rain Gutters, Living Room Balcony
- Pool features: None
- Spa features: None, Tub With Jets
- Fencing: Fenced Yard
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 5,205.42 Square Feet
- Dimensions: 42 x 129
- Features: Curbs, Front Yard, Gutters, Sidewalks, Single Lot, Lot-Level/Flat, Yard, Street Lighting
Details
- Additional structures: None
- Parcel number: 4239020020
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: California Bungalow
- Property subtype: Multi Family
Materials
- Stucco, Vertical Siding, Wood Siding, Drywall Walls
- Foundation: Slab, Raised
- Roof: Asphalt,Rolled/Hot Mop
Condition
- Year built: 1926
Utilities & green energy
- Water: District
- Utilities for property: Cable Available, Utilities - Overhead
Community & HOA
Community
- Security: Exterior Security Lights, Security Lights, Gated, Smoke Detector(s), Prewired, Carbon Monoxide Detector(s), Alarm System
HOA
- Amenities included: None
Location
- Region: Venice
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $1,277,178
- Annual tax amount: $16,322
- Date on market: 7/30/2025
- Total actual rent: 150048
- Road surface type: Asphalt, Paved
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