605 Indiana Avenue Venice, CA $ 2,999,999
605 Indiana Avenue
$ 2,999,999
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605 Indiana Avenue

Venice, CA, 90291
$ 2,999,999
Bedrooms7 Baths1210.0 Sq 2,638

Monthly Estimate*

$ 20,720

Listed by Karsten Demers, Coldwell Banker Realty, Karsten.Demers@cbrealty.com
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Multi-Family Home for sale in Venice, CA

for $2,999,999 with 7 bedrooms and 1210 full baths. This 2,638 square foot home was built in 1921 on a lot size of 0.1152.

Incredible price for this exceptional Triplex property presents a remarkable opportunity for investors seeking high rental yields in Venice Beach. Each unit is on month to month & 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

$ 2,999,999

Bedrooms

7

Full Bath

1,210

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1152

Year Built

1921

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

26103478

Days on Market

3

Features
General
Living Area 2638
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Microwave Refrigerator Vented Exhaust Fan Dryer Washer
Zoning LARD1.5
Architectural Style Bungalow
Year Built 1921
Tenant Pays Cable TV Electricity Gas Insurance Other
Stories Count 2
Levels Two
Gross Income 192600
County Los Angeles
Net Operating Income 144503
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Indiana Ave between 6th & 7th ave
City Venice
Disclosures Coastal Zone Seller Disclosure
Senior Community Y/N false
Number Of Units Total 3
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 5019
Property Attached Y/N true
Standard Status Active
Cap Rate 4.8
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Interior
Interior Amenities Ceiling Fan(s)
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 6
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Exterior
Parking Features Assigned Concrete Driveway Gated Private One Space On Street
Total Parking 5
Lot Size Area 5019
Number of Buildings 2
Building Area Total 2638
Lot Dimensions 60x84
Lot Size Acres 0.1152
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* Excluded Features
List By
Karsten Demers

Listing Agent

Coldwell Banker Realty

Broker

Karsten.Demers@cbrealty.com

Email

Affordability Calculator

$20,720
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Monthly Principal & Interest
$20,720
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Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$2,999,999 Listed Price

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605 Indiana Avenue, Venice, CA, 90291 is a Multi-Family Home for sale at $2,999,999 with 2,638 sqft and a lot size of 0.1152. 605 Indiana Avenue has 7 bedrooms, 1210.0 baths, and was built in 1921. The property's zip code is 90291 which is in Venice, CA