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656 Indiana Avenue

Venice, CA 90291
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Bed 14

Bed

Bath 0

Bath

SqFt4,528

Sqft

SqFt5,281

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,450,000

AD Id : 77794102

MLS Id : 26662795

Beds : 14

Lot Size : 5,281 Sqft

Living Area Size : 4,528

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 14

    Bathroom Information

    Total Baths: 6

    Flooring Information

    Carpet, Laminate, Vinyl
  • Interior Features

    Ceiling Fan(s), Open Floorplan, Recessed Lighting
    Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
    Laundry Features: Common Area, Laundry Room, Outside
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1962
    Building Area Total: 4528
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5281 Lot Size Acres: 0.1212 Lot Size Square Feet: 5,281

  • Listing Price Information

    Listing Price: $2450000
    Original Price: $2955555

  • Tax Information

    Parcel Number: 4239008014

  • Location Information

    Direction: North of Abbott Kinney Blvd, South of Lincoln Blvd, West of California Ave, East of Rose Ave Security Features: Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3932 Glencoe Avenue, Venice, CA, 90291 $4,298,000 4 6 4,325 4,325 SqFt
2403 Louella Avenue, Venice, CA, 90291 $2,495,000 -- -- 2,947 2,947 SqFt
2445 Glyndon Avenue, Venice, CA, 90291 $4,650,000 5 5 3,950 3,950 SqFt
1347 Palms Boulevard, Venice, CA, 90291 $9,600,000 4 4 3,872 3,872 SqFt
2106 Glyndon Avenue, Venice, CA, 90291 $9,500,000 5 6 3,900 3,900 SqFt
2036 Glyndon Avenue, Venice, CA, 90291 $4,995,000 5 5 4,275 4,275 SqFt
2452 Penmar Avenue, Venice, CA, 90291 $4,950,000 9 -- 5,486 5,486 SqFt
1531 Glencoe Avenue, Venice, CA, 90291 $4,195,000 4 5 3,240 3,240 SqFt
2515 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 3 2,801 2,801 SqFt
2513 Lincoln Boulevard, Venice, CA, 90291 $2,699,000 3 -- 2,801 2,801 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 06:06

MLS: 26662795 LISTED BY: James Scott Suarez, Real Broker 619-663-8680 SOURCE: CRMLS

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