Venice, CA 90291,656 Indiana Ave
Venice, CA 90291,656 Indiana Ave
Venice, CA 90291,656 Indiana Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
24
Jan
Sun
25
Jan
Mon
26
Jan
$2,777,000
Est. payment /mo
14 Beds
6 Baths
4,528 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,528 sqft

Price per Sqft $613

MLS Listing ID 25555487

Style Mid-Century

Bedrooms 14

Year Built 1962

Lot Size 5,281 Sqft

Acres 0.1212

Property Sub-Type Multi-Family

Property Description

Situated just blocks from world-famous Abbot Kinney, this 6-unit property is a rare find in one of Los Angeles' most sought-after neighborhoods. The current owners have thoughtfully maintained and upgraded the building over their 10-year tenure, including new exterior paint and facade work, plumbing enhancements, and a new roof installed less than 10 years ago. Three of the six units, located on the ground level, have been fully renovated and are currently leased at strong market rents. The remaining units are leased to reliable, long-term tenants who are low-maintenance and consistently pay rent on time, offering immediate income stability with long-term upside potential. The unit mix includes (2) studios and (4) spacious three-bedroom apartments. The front courtyard has been transformed into a vibrant, gated entry space with lush ficus trees and custom planter boxes, offering a green, welcoming retreat for tenants. Additional highlights include onsite parking, a professionally managed income-producing laundry room, and stylish interiors featured in the bottom three units with updated kitchens, gas ranges, and renovated bathrooms. With current total rent at over $15,800/month and projected rent potential of over $26,000 when the top units reach market rates, this is a compelling opportunity for investors looking to secure a well-positioned, income-generating asset in the heart of Venice, just minutes to LAX, the beach, and the city's trendiest dining, shopping, and nightlife.

Location

State CA

County Los Angeles

Area Venice

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate, Carpet

Equipment Refrigerator, Range/Oven, Ceiling Fan, Dishwasher

Laundry Laundry Area, Outside

Exterior

Parking Features Uncovered, Side By Side

Garage Spaces 4.0

Building

Lot Description Fenced Yard

Story 2

Architectural Style Mid-Century

Level or Stories Two

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Real Broker

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Edison Language Academy

    Public | PK - 5

  • 9

    Canyon Charter Elementary

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 8

    Roosevelt Elementary School

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Playa Vista Elementary

    Public | KG - 5

  • 8

    Ocean Charter

    Public | KG - 8

  • 6

    Short Avenue Elementary

    Public | KG - 6

  • 6

    Grand View Boulevard Elementary School

    Public | KG - 5

  • 5

    John Muir Elementary School

    Public | PK - 5

  • 5

    Westminster Avenue Elementary

    Public | KG - 5

  • 5

    Westside Global Awareness Magnet

    Public | KG - 8

Middle Schools 11
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 8

    The Incubator

    Public | 6 - 12

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

High Schools 11
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 2

    Westchester Enriched Sciences Magnets (WESM) - Health & Sports Medicine Magnet

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

  • 0

    St Bernard High School

    Private | 9 - 12

School and business data provided by Attom Data.

Get More Information

Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

Name

Phone*

Message