656 Indiana Avenue, Venice, CA 90291
Local realty services provided by:ERA North Orange County Real Estate
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:137 day(s) ago
- Updated:November 15, 2025 at 03:20 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Living area:4,528 sq. ft.
Heating and cooling
- Heating:Wall Furnace
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
$5,299,000Active5 beds 6 baths3,790 sq. ft.1620 Electric Avenue, Venice, CA 90291
MLS# 25617413Listed by: COMPASS - New
$2,325,000Active6 beds 3 baths3,138 sq. ft.643 Santa Clara Avenue, Venice, CA 90291
MLS# 25617157Listed by: COMPASS - New
$2,325,000Active6 beds 3 baths3,138 sq. ft.643 Santa Clara Avenue, Venice, CA 90291
MLS# 25617157Listed by: COMPASS - Open Sun, 1 to 4pmNew
$3,200,000Active4 beds 3 baths2,204 sq. ft.2504 Ocean Avenue, Venice, CA 90291
MLS# 25609233Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY - New
$1,995,000Active5 beds 3 baths3,219 sq. ft.855 Sunset Avenue, Venice, CA 90291
MLS# 25617667Listed by: COMPASS - Open Sun, 1 to 4pmNew
$3,150,000Active3 beds 2 baths1,680 sq. ft.1209 Appleton Way, Venice, CA 90291
MLS# 25574599Listed by: COMPASS - Open Sun, 1 to 4pmNew
$4,695,000Active5 beds 6 baths3,870 sq. ft.2115 Walnut Avenue, Venice, CA 90291
MLS# 25616549Listed by: COMPASS - Open Sun, 1 to 4pmNew
$2,960,000Active2 beds 2 baths1,056 sq. ft.2621 Grandview Avenue, Venice, CA 90291
MLS# 25616997Listed by: COMPASS - New
$2,350,000Active3 beds 6 baths2,765 sq. ft.23 19th Avenue, Venice, CA 90291
MLS# 25617141Listed by: MICHAEL ANTHONY SALERNO - New
$2,995,000Active2 beds 2 baths2,228 sq. ft.1322 Innes Place, Venice, CA 90291
MLS# 25616953Listed by: COLDWELL BANKER REALTY