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.
Property Details
Price:
$1,175,000
MLS #:
25571827
Status:
Active
Baths:
0
Address:
563 Westminster Avenue
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Jul 30, 2025
State:
CA
ZIP:
90291
Lot Size:
5,206 sqft / 0.12 acres (approx)
Year Built:
1926
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Gas Oven, Range Hood
Cooling
None
Fireplace Features
Living Room, Wood Burning
Flooring
Wood, Tile, Carpet
Interior Features
Ceiling Fan(s), 2 Staircases, High Ceilings, Living Room Balcony, Recessed Lighting, Storage, Two Story Ceilings
Window Features
Custom Covering, Blinds, Screens, Skylight(s)
Exterior
Exterior Features
Rain Gutters
Foundation Details
Slab, Raised
Garage Spaces
3.00
Lot Features
Front Yard, Yard, Utilities – Overhead
Parking Features
Assigned, Built- In Storage, Garage – Three Door, Garage Door Opener, Controlled Entrance, Gated, Tandem Garage
Parking Spots
6.00
Pool Features
None
Roof
Rolled/ Hot Mop
Security Features
Gated Community, Smoke Detector(s), Carbon Monoxide Detector(s)
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Map
Community
- Address563 Westminster Avenue Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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563 Westminster Avenue
Venice, CA
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