656 Indiana Avenue, Venice, CA 90291
Local realty services provided by:CENTURY 21 Fort Bragg Realty
656 Indiana Avenue,Venice, CA 90291
$2,777,000
- 14 Beds
- 6 Baths
- 4,528 sq. ft.
- Multi-family
- Active
Listed by: peter jumrukovski, ron anavim
Office: real broker
MLS#:25555487
Source:CRMLS
Price summary
- Price:$2,777,000
- Price per sq. ft.:$613.3
About this home
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 featured in the bottom three units with updated kitchens, gas ranges, and renovated bathrooms. With current total rent at over $15,800/month and projected rent potential of over $26,000 when the top units reach market rates, this is a compelling opportunity for investors looking to secure a well-positioned, income-generating asset in the heart of Venice, just minutes to LAX, the beach, and the city's trendiest dining, shopping, and nightlife.
Contact an agent
Home facts
- Year built:1962
- Listing ID #:25555487
- Added:165 day(s) ago
- Updated:December 06, 2025 at 11:37 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Living area:4,528 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1962
- Building area:4,528 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$2,777,000
- Price per sq. ft.:$613.3
New listings near 656 Indiana Avenue
- New
$3,450,000Active3 beds 4 baths2,092 sq. ft.812 Brooks Avenue, Venice (los Angeles), CA 90291
MLS# CL25627333Listed by: THE AGENCY - New
$9,980,000Active7 beds 7 baths5,800 sq. ft.825 Palms Boulevard, Venice (los Angeles), CA 90291
MLS# CL25627211Listed by: SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 1 to 5pmNew
$2,199,995Active3 beds 2 baths1,574 sq. ft.704 Valita St, Venice, CA 90291
MLS# PW25268762Listed by: HOLLYWOOD ESTATES - New
$1,950,000Active3 beds -- baths1,755 sq. ft.24 20th Avenue, Venice (los Angeles), CA 90291
MLS# CL25626013Listed by: COMPASS - New
$1,849,000Active1 beds 3 baths1,024 sq. ft.109 Dudley Avenue, Venice (los Angeles), CA 90291
MLS# CL25626015Listed by: WESTLINE PROPERTIES - New
$4,495,000Active3 beds 3 baths2,909 sq. ft.509 Santa Clara Avenue, Venice (los Angeles), CA 90291
MLS# CL25624177Listed by: DOUGLAS ELLIMAN
$2,695,000Active6 beds 4 baths2,609 sq. ft.528 Westminster Avenue, Venice (los Angeles), CA 90291
MLS# CRSB25269481Listed by: BUCKINGHAM INVESTMENTS, INC
$2,695,000Active6 beds 4 baths2,609 sq. ft.528 Westminster Avenue, Venice, CA 90291
MLS# SB25269481Listed by: BUCKINGHAM INVESTMENTS, INC
$4,500,000Active4 beds 6 baths4,325 sq. ft.3932 Glencoe Avenue, Venice, CA 90291
MLS# 25624015Listed by: URBAN REAL ESTATE, INC.
$5,495,000Active3 beds 3 baths2,880 sq. ft.734 Palms Boulevard, Venice (los Angeles), CA 90291
MLS# CL25623811Listed by: DOUGLAS ELLIMAN