656 Indiana Avenue, Venice, California 90291

  • $2,450,000
  • $2,750,000
656 Indiana Avenue, Venice, California 90291
Active Updated/Remodeled
656 Indiana Avenue, Venice, California 90291
656 Indiana Avenue, Venice, California 90291
  • $2,450,000
  • $2,750,000

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 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.

  • Address 656 Indiana Avenue, Venice, California 90291
  • City VENICE
  • State/county CA
  • Zip/Postal Code 90291
  • Country US

Details

Updated on July 1, 2026 at 10:42 pm
  • Property ID: 26662795
  • Price: $2,450,000
  • Property Size: 4528 Sqft
  • Land Area: 0.1212 Acres
  • Bedrooms: 14
  • Bathrooms: 6
  • Year Built: 1962
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: None
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Vinyl
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned, Side By Side, Uncovered
  • Community Features: Gated
  • Architectural Style: Mid-Century Modern

Contact Information

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