605 Indiana Avenue
Venice, CA 90291
- – beds
- – baths
- – sqft
- 5,019 sqft lot
- 1921 build
- – on site
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. Unit 607 may be delivered vacant at close of escrow. Don't miss this rare opportunity to invest in a highly desirable Venice property! Contact the listing agent for more details.
Last checked:
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Last updated Oct 22, 2024
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MLS# 24447325 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1921
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New Construction:No
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Architectural Style:Bungalow
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Building Area Total:2638.00
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# of Buildings:2
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Total Number Of Units:3
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two
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Laundry:Washer Included, Dryer Included
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Laundry:1
Financial & Terms
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Disclosures:Coastal Zone, Property Report, Rent Control
Location
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Directions:Indiana Ave between 6th & 7th ave
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Latitude:33.99650600
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Longitude:-118.46913700
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:5019.0000
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Lot Size Dimensions:60x84
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Lot Size Acres:0.1152
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Lot Size SqFt:5019.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4239003007
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Driveway, Concrete, Parking Space, Street, Gated, Private
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Parking Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/2/24
Oct 2, 2024
|
Listed / Active | CRMLS_CA | $3,699,000 | 33.3% (5.0% / YR) |
|
1/11/18
Jan 11, 2018
|
CRMLS_CA | $2,775,000 | 63.2% (15.5% / YR) | |
|
12/16/13
Dec 16, 2013
|
CRMLS_CA | $1,700,000 |
