Six-Unit Multifamily
For Sale
$2,450,000
656 Indiana Ave, Venice, CA 90291
MULTI_FAMILY - Venice, CA
Property Size4,528 SF
Lot Size0.12 Acres
Price / SF$541.08
Days on Market127
Property Features for 656 Indiana Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
14
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 14, Bathroom 1, Bedroom 11, Bedroom 1, Bathroom 2, Bathroom 6, Laundry Room, Bedroom 4, Dining Room, Bedroom 10, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 9, Bedroom 12, Bedroom 3, Bathroom 5, Bedroom 2, Bedroom 8, Bedroom 13, Bathroom 4
Parking
4
Parking features
Assigned, Side By Side, Covered
Interior features
Recessed Lighting, Open Floor Plan
Appliances
Microwave, Oven, Range
Directions
North of Abbott Kinney Blvd, South of Lincoln Blvd, West of California Ave, East of Rose Ave
Subdivision
Venice
Standard status
Active
APN
4239-008-014
Size
4,528 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
37500
Building Details
Year built
1962
Floors in Building
2
Number of units
6
Flooring type
Carpet, Vinyl, Laminate
Architectural style
Other
Listing Agency:
Real Broker
(619) 663-8680
Listed By:
James Scott Suarez · License #01433992
(424) 425-3775
Added: Mar 27
Changed: Jul 1
Last Checked: Jul 31 at 3:06PM
MLS# 26662795
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This six-unit multifamily property on Indiana Ave offers a mix of two studio units and four three-bedroom apartments. The exterior has been maintained and upgraded, including new exterior paint and facade work, plumbing enhancements, and a roof installed less than 10 years ago. On the interior side, the bottom three units feature updated kitchens with gas ranges and renovated bathrooms.
The building includes a front courtyard that has been converted into a gated entry area with ficus trees and custom planter boxes. Onsite parking is available, and there is a professionally managed, income-producing laundry room. The property is situated just blocks from Abbot Kinney.
For buyers seeking a small residential income building, this asset provides a straightforward unit mix across studios and three-bedroom apartments, along with established property improvements such as recent roofing and interior upgrades in the bottom units. With ground-level units that have been fully renovated and are currently leased, the property offers an operational setup centered on rental housing supported by onsite parking and laundry. Zoning is LARD1.5.
The building includes a front courtyard that has been converted into a gated entry area with ficus trees and custom planter boxes. Onsite parking is available, and there is a professionally managed, income-producing laundry room. The property is situated just blocks from Abbot Kinney.
For buyers seeking a small residential income building, this asset provides a straightforward unit mix across studios and three-bedroom apartments, along with established property improvements such as recent roofing and interior upgrades in the bottom units. With ground-level units that have been fully renovated and are currently leased, the property offers an operational setup centered on rental housing supported by onsite parking and laundry. Zoning is LARD1.5.
Key Highlights
- 6‑unit multifamily property blocks from Abbot Kinney in Venice
- Unit mix includes (2) studios and (4) three‑bedroom apartments
- Upgrades during ownership include new exterior paint and facade work, plumbing enhancements, and a new roof installed less than 10 years ago
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,675
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit income property with onsite parking and a professionally managed laundry room near Abbot Kinney.
Where is this apartment building located?
The property is located at 656 Indiana Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 6‑unit multifamily property blocks from Abbot Kinney in Venice; Unit mix includes (2) studios and (4) three‑bedroom apartments; Upgrades during ownership include new exterior paint and facade work, plumbing enhancements, and a new roof installed less than 10 years ago
