MLS# 22-212631 – 656 Indiana Ave, Venice, CA 90291

Price: $3,295,000
Units: 6
Property Type: Multi Family Residence
Status: Active
Year Built: 1962
Days on Website: 33

Courtesy of Keller Williams Beverly Hills 310-432-6400

Property Description

Great INVESTMENT Opportunity in the heart of Venice, just blocks from the world-famous Abbott Kinney!! Residents can easily venture through the Venice Canals to the famous Venice Beach area where they can spend their days wading in the water or simply enjoying the coastal breeze while experiencing fine dining, shopping, local boutiques, and entertainment all within reach. This a radically unique opportunity because not only do you get a hip piece of Los Angeles, but you also have the chance to double your investment. This architecture complex features 6 units, which consist of 2 studios and (4) 3-bedroom great-size units. This stunning building has been nicely maintained, and the bottom three units have been newly remodeled, allowing them to easily pull in $11,000/mo. Additionally, the top units could possibly pull in up to $15,000 or maybe more if you got creative, as many of these include co-living areas. Other amazing features include 4 parking spaces, a community laundry room for additional revenue, and a trendy, private courtyard area to enjoy the warm, sunny, California days. Schedule your private tour today.

Open House

Property Details and Features

  • Appliances and Equipment
  • Oven
  • Gas/Electric Range
  • Ceiling Fan
  • Refrigerator
  • Range/Oven
  • Dishwasher
  • Bathrooms
  • 6.00 total bathrooms
  • Remodeled
  • Shower and Tub
  • Bedrooms
  • 14 total bedrooms
  • House
  • 4,528 sq ft
  • Built in 1962
  • Attached
  • Architectural
  • Cooling
  • Ceiling Fan
  • Disclosures
  • As Is
  • Fireplaces
  • None
  • Floors
  • Carpet
  • Laminate
  • Garage
  • Assigned
  • Gated
  • Heating
  • Wall
  • Laundry
  • Community
  • Listing
  • ListDate: 2022-10-27
  • PricePerSqFt: $728
  • 32 days on market
  • Location
  • County: Los Angeles
  • ListingArea: Venice
  • Lot
  • LotAcreage: 0.1212
  • LotSizeArea: 5,281
  • Fenced
  • Gated Community
  • Parking
  • OpenOtherSpacesTotal: 4
  • TotalParking: 4
  • Pool
  • PoolYN: False
  • None
  • Property
  • NumberOfUnits: 6
  • Zoning: LARD1.5
  • Repairs Major
  • Repair Cosmetic
  • Updated/Remodeled
  • Spa
  • Has spa
  • None

Property Map

$3,295,000 – 656 Indiana Ave, Venice, CA 90291

Street View

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