Active

605 Indiana Ave

Venice CA, 90291

$3,500,000


$1,326.76 per sqft

Active

7 Beds

6 Baths

2,638 sqft

Multi-family

Built in 1921

This exceptional property presents a remarkable opportunity for investors seeking high rental yields or owner-users wishing to live in one unit while generating income from the others. Each unit has undergone a significant remodel in 2014, featuring beautiful distressed hardwood floors, farmhouse closet doors, custom cabinetry, and modern kitchens and bathrooms equipped with Caesarstone countertops and stainless steel appliances. The property boasts enhanced privacy with new landscaping, a secure electric gate, and dedicated parking for each unit. Unit 605 is the front Bungalow which is a spacious 3 bed, 2 bath home with a loft in one bedroom, cathedral ceilings in the living room, and a private front yard ideal for Venice Beach's indoor-outdoor lifestyle. Comes with 2 dedicated parking spaces & private laundry area. Unit 607 is a 2 bed, 2 bath layout featuring a private covered outdoor deck and its own entrance, along with designated parking & in unit stacked laundry .Unit 609 is the upper 2 bed, 2 bath space offers stunning roofline views and includes a dedicated parking space and separate pedestrian gate access w/ in unit laundry. Thanks to its prime location, just a short walk or bike ride from Abbot Kinney Blvd, Rose Ave, Lincoln Blvd, and the beach, these units consistently attract high market rents shortly after listing. Additionally, the duplex portion of the property is not subject to the Rent Stabilization Ordinance (RSO) as this was completed in 2014 per LADBS. Don't miss this rare opportunity to invest in a highly desirable Venice property! Contact the listing agent for more details.

24-447325

MLS ID

October 2, 2024

Listed

November 22, 2024

Updated

Map

605 Indiana Ave
Venice CA, 90291

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

6


Appliances

Cable, Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Washer, Other, Dryer, Vented Exhaust Fan


Fireplace

No


Cooling

Yes


Cooling Description

Central, Wall Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.12 Acres


Architectual Style

Bungalow

Other Property Details

Area Name

Venice


Days on Market

49


Garage

No


Parking

Assigned, Driveway, Driveway - Concrete, Parking Space, On street, Gated, Private


Parking Total

5


View

No


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listing History

Date

Event

Price

11/20/2024

Price change

$3,500,000

-6%

Listed by Karsten Demers with Coldwell Banker Realty
Listing Contact: 310-403-0306 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Noha Salah shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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