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Real Estate Listing at 605 Indiana Avenue, Venice, CA, 90291 from The Knight Group LA

605 Indiana Avenue, Venice, CA, 90291

The Knight Group LA
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$3,500,000
80 Days On Site

605 Indiana Avenue
Venice, CA 90291

For Sale|Residential Income|Active
7
Beds
6
Full Baths
0
Partial Baths
2,638
SqFt
$1,327
/SqFt
1921
Built
County:
Los Angeles

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503.200.4823
605 Indiana Avenue605 Indiana Avenue605 Indiana Avenue605 Indiana Avenue
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Monthly Payment (Est.)

$15,968
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
80 Days
Bedrooms 
7
Inside Area (SqFt) 
2,638 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.1152 Acres
Year Built 
1921
MLS® Number 
24447325
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoPrice changed to $3,500,000
3 months agoListing first seen on site
General Features
Acres 
0.1152
Disclosures 
Coastal Zone,Rent Control,Seller Disclosure
Number Of Stories 
2
Parking 
AssignedConcreteDrivewayGatedPrivateOn Street
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
2638
Stories 
Two
Style 
Bungalow
Zoning 
LARD1.5
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorVented Exhaust FanDryerWasher
Cooling 
Ceiling Fan(s)Central Air
Heating 
Central
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
C11 - Venice
Listing courtesy of Karsten Demers of Coldwell Banker Realty
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Based on information from the The MLS as of 2024-12-22 01:02 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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