MLS# 21-724394 – 656 Indiana Ave, Venice, CA 90291

Price: $4,995,000
Units: 6
Status: Active
Year Built: 1962
Days on Website: 14

Courtesy of Keller Williams Inglewood.

Property Description

This is an incredible opportunity to own in one of the most desirable areas in the world, Venice, California!!! This is a RADically unique opportunity because not only do you get a hip piece of Los Angeles, but you also have an opportunity to double your investment. The building has been nicely maintained, and the bottom three units have been newly remodeled. One of the units is vacant-in case the owner wanted to keep a cool Venice pad to visit. The bottom three units could easily pull in $11,000 a month. Additionally, the top units could possibly pull in up to $15,500 or maybe more if you got creative, as many of these include co-living areas. Or keep it as-is since the upstairs tenants have paid throughout COVID-19. There are six units in total which consists of two studios and (4) three bedrooms, parking out back, and a trending and private courtyard area out front. Other features include a coin-operated laundry room, parking spaces, gas ranges/ovens, sleek bathrooms, modern kitchens, only 15-minutes to LAX, close to chic cafs, sizzling clubs, and sparkling beaches, and much more! Come see today!

Open House

Property Details and Features

  • Appliances and Equipment
  • Oven
  • Range
  • Ceiling Fan
  • Dishwasher
  • Range/Oven
  • Refrigerator
  • Bathrooms
  • 6.00 total bathrooms
  • Shower Over Tub
  • Bedrooms
  • 6 total bedrooms
  • House
  • 4,528 sq ft
  • Built in 1962
  • Architectural
  • Cooling
  • None
  • Disclosures
  • None
  • Floors
  • Carpet
  • Laminate
  • Garage
  • Assigned
  • Heating
  • Wall
  • Laundry
  • Community
  • Listing
  • ListDate: 2021-04-30
  • PricePerSqFt: $1,103
  • 13 days on market
  • Location
  • County: Los Angeles
  • ListingArea: Venice
  • Lot
  • LotAcreage: 0.1212
  • LotSizeArea: 5,281
  • Parking
  • TotalParking: 4
  • Property
  • NumberOfUnits: 6
  • Zoning: LARD1.5

Property Map

$4,995,000 – 656 Indiana Ave, Venice, CA 90291

Street View

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