605 Indiana Avenue Venice, CA $ 3,300,000
605 Indiana Avenue
$ 3,300,000
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605 Indiana Avenue

Venice, CA, 90291
$ 3,300,000
Baths0.0 Sq 2,638

Monthly Estimate*

$ 20,588

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Studio

Multi-Family Home for sale in Venice, CA

for $3,300,000. This 2,638 square foot home was built in 1921 on a lot size of 0.12.

This exceptional Triplex property presents a remarkable opportunity for investors seeking high rental yields in Venice Beach. 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.

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Multi-Family Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.12

Year Built

1921

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0025494949

Features
Interior
Interior Amenities Ceiling Fan(s)
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave Vented Exhaust Fan
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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General
Heating Central
Cooling Central Air
Roof Concrete
Zoning LARD1.5
Architectural Style Bungalow
Pool Features Private
Year Built 1921
Tenant Pays Electricity Cable TV Gas Insurance
Levels Two
County Los Angeles
Net Operating Income 130754.08
New Construction No
Property Type C
HOA No
Status Active
City Venice
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 5019.0
Standard Status Active
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Exterior
Parking Features Assigned Street Driveway Parking Space
Lot Size Area 5019.0
Building Area Total 2638.0
Lot Dimensions 60x84
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded Features
List By
Karsten Demers

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$20,588
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,588
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2025$3,300,000 Listed Price

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605 Indiana Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $3,300,000 with 2,638 sqft and a lot size of 0.12. 605 Indiana Avenue is a studio with 0.0 baths and was built in 1921. The property's zip code is 90291 which is in Venice, CA