714-745-2708

656 Indiana Avenue, Venice, CA 90291

$2,450,000 Approx. USD 14 beds, 6 baths
4,528 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

James Scott Suarez | james@thesuarezteam.com
Lic#: 01433992
Broker: Courtesy of Real Broker
Phone: 424-425-3775

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26662795

List price is $2,450,000 Reduced by $300,000 on 7/1/2026

Price: $2,450,000

Beds: 14

Baths: 6

None fireplaces

Built in 1962

4,528 sqft

1 story

0.12 acres

Lot size: 0.1212

County: Los Angeles

Property style: Mid-Century Modern

Zoning: LARD1.5

Interior features: Ceiling Fan(s),Open Floorplan,Recessed Lighting

Appliances: Dishwasher,Microwave,Oven,Range,Refrigerator

Parking description: Assigned,Side By Side,Uncovered

Heating/cooling: None

Heating description: Wall Furnace

MLS area: C11 - Venice

Last Updated: 7/1/2026

Days On Market (DOM): 184

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This listing belongs to the C11 - Venice MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 33.996853, -118.467598.
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