605 Indiana Ave Venice, CA 90291
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Karsten Demers

  605 Indiana Ave Venice, CA 90291

Active (82 Days)
$3,500,000
7
BED
6
BATH
2,638
SQFT

Description

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.

MLS #:
24-447325
Lot Size
5,018 SQFT
Type
Multifamily
Year Built
1921
Style
Bungalow
County
Los Angeles County

Listed By

Karsten Demers, DRE #01962663 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Dec 24 2024 at 12:47 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Central
  • Wall Unit(s)
Basement Information
  • No
Parking
  • Parking Garage: Assigned
  • Parking Garage: Driveway
  • Parking Garage: Driveway - Concrete
  • Parking Garage: Parking Space
  • Parking Garage: on Street
  • Parking Garage: Gated
  • Parking Garage: Private
Stories
  • 2
Living Area
  • 2,638 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 20, 2024
Price Changed
$3,500,000
-5%
-199,000
Oct 02, 2024
Original Price
$3,699,000
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/23/24 16:47