656 Indiana Avenue, Venice, CA 90291
Local realty services provided by:Better Homes and Gardens Real Estate Champions
656 Indiana Avenue,Venice, CA 90291
$2,450,000
- 14 Beds
- 6 Baths
- 4,528 sq. ft.
- Multi-family
- Active
Listed by: james scott suarez
Office: real broker619-663-8680
MLS#:26662795
Source:CRMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$541.08
About this home
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 in the bottom three units featuring updated kitchens, gas ranges, and renovated bathrooms. With projected rent potential exceeding $23,000 when the top units reach market rates, this is a compelling opportunity for investors to secure a well-positioned, income-generating asset in the heart of Venice, just minutes from LAX, the beach, and the city's trendiest dining, shopping, and nightlife....
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Home facts
- Year built:1962
- Listing ID #:26662795
- Added:145 day(s) ago
- Updated:August 24, 2026 at 11:05 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Flooring:Carpet, Laminate, Vinyl
- Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator
- Living area:4,528 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1962
- Building area:4,528 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Mid Century Modern
- Levels:1 Story
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$541.08
Features and amenities
- Appliances:Dishwasher
- Laundry features:Outside
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Open Floor Plan, Recessed Lighting
Parking
- Total parking spaces:4
- Parking description:Assigned, Side By Side, Uncovered
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