810 Indiana Avenue
Venice, CA, 90291 $ 1,875,000
Bedrooms3 Baths1.0 Sq 1,708 Monthly Estimate*
$ 11,839
Listed by Tyler Kunkle, Pardee Properties, tyler@pardeeproperties.com
for $1,875,000 with 3 bedrooms and 1 full bath. This 1,708 square foot home was built in 1949 on a lot size of 0.1212.
West of Lincoln and filled with quintessential Venice charm, this exceptionally well-kept triplex w/ 2 vacant units offers a rare combination of lifestyle, income, and long-term upside. Situated on a large 5,281 square foot RD1.5-zoned lot, the property features a vacant one-bedroom unit with its own private outdoor space, a large occupied studio with its own private outdoor space, and the true star of the property a vacant two-bedroom owner's unit with an incredible private backyard of more than 350 square feet. The owner's unit is thoughtfully designed with its own in-unit laundry, beautiful architectural archways, an open and inviting floor plan, and a seamless connection to the outdoors. The backyard is what truly sets this property apart. Large, private, and incredibly hard to find in Venice, it feels like a natural extension of the home with plenty of room to entertain friends, dine outside, relax in the sun, garden, or even add a play set for the kids. It delivers the kind of indoor-outdoor lifestyle that makes Venice living so special. For an owner-user, the setup is hard to beat. Live in the spacious two-bedroom unit and enjoy the privacy, yard, and lifestyle of your own home while collecting rent from the other two units to help offset your monthly payments. This isn't your average triplex where the owner's unit feels like just another apartment. Here, you can genuinely feel like you're living in your own single-family home while benefiting from additional rental income right on the property. Adding another layer of opportunity is the massive three-car garage with alley access, offering more than 650 square feet of additional space and incredible flexibility for the future. Keep it as exceptional off-street parking and storage, explore the potential for future ADUs, or imagine transforming some or all of the space into an amazing bonus room, game room, workshop, work-from-home studio, creative space, or gym. With more than 650 square feet to work with, it is a substantial value-add and an exciting blank canvas for the next owner.Investors should take notice as well. With both the two-bedroom and one-bedroom units delivered vacant, a new owner has the opportunity to secure market rents on two of the three units from day one. At projected market rents, the property pencils to approximately a 5% cap rate, creating an attractive opportunity for someone looking to add a well-maintained Venice triplex to their portfolio without taking on a major renovation project.And for buyers thinking longer term, the 5,281 square foot RD1.5-zoned lot creates another compelling layer of upside. As Los Angeles building regulations, density bonuses, and housing incentives continue to evolve, the property offers exciting potential for a buyer interested in maximizing the site over time. Buyers should independently investigate current zoning, density bonus programs, ADU opportunities, and development potential with the City. Whether you're an owner-user looking for a home with rental income, an investor seeking immediate income potential, or a buyer thinking about the property's longer-term development possibilities, this is far more than your average triplex. It's a uniquely Venice opportunity combining a true sense of home, meaningful private outdoor space, more than 650 square feet of garage space, rental income, and future upside all west of Lincoln.
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FeaturesGeneralLiving Area 1708
Sewer Other
Heating Wall Furnace
Possession Close Of Escrow
Appliances Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Spanish
Pool Features None
Year Built 1949
Stories Count 1
Levels One
Gross Income 123252
County Los Angeles
Net Operating Income 86276.4
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Venice East of Abbot Kinney South of Rose West of Lincoln
City Venice
Disclosures Coastal Commission Restrictions
Senior Community Y/N false
Number Of Units Total 3
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 5281
Spa Features None
Property Attached Y/N true
Property Condition Updated/Remodeled
Standard Status Active
Cap Rate 4.7
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InteriorInterior Amenities Ceiling Fan(s)
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Total Baths 3
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ExteriorParking Features Door-Multi Driveway Garage
Lot Features Front Yard
Total Parking 5
Lot Size Area 5281
Number of Buildings 1
Spa false
Building Area Total 1708
Lot Size Acres 0.1212
Private Pool false
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* Excluded FeaturesList ByTyler KunkleListing Agent
tyler@pardeeproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,839
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Venice, CA
Average List Price $2,904,779
Percent of Sale Price 55%
About Venice, CA 29,124 Population
-6% Since 2002
$ 89,009 Median Income
41.51 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2026 | $1,875,000 | | Listed Price |