656 Indiana Ave Venice, CA 90291
MULTI_FAMILY - Venice, CA
Property size:
4,528 SFLot size:
0.12 AcresPrice / SF:
$652/SF- Added:
- Mar 27, 2026
- Days on Market:
- 36
- Last Refresh:
- May 1 at 8:06 pm
Property Features for 656 Indiana Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 14
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 10, Laundry Room, Bathroom 3, Bathroom 6, Bedroom 9, Bedroom 5, Bathroom 2, Bedroom 13, Bedroom 1, Bedroom 7, Bedroom 14, Bedroom 12, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 11, Dining Room, Bedroom 4, Bedroom 3, Bedroom 8
- Parking
- 4
- Parking features
- Assigned, Side By Side, Covered
- Interior features
- Recessed Lighting, Open Floor Plan
- Appliances
- Microwave, Oven, Range
- 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
- Vinyl, Carpet, Laminate
Listing agent James Scott Suarez License #01433992 (424) 425-3775
Listing office Real Broker 1420 Kettner Blvd. #100, Newark, CA (619) 663-8680
Listing date Mar 27, 2026
MLS# 26662795
Listing URL
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.
Overview
Venice Multifamily Investment Opportunity
Located blocks from Abbot Kinney in Venice, this six-unit multifamily property offers a rare investment opportunity. The building has been maintained and upgraded by the current owners over the past 10 years, with improvements including new exterior paint and facade work, plumbing enhancements, and a roof installed less than 10 years ago. The unit mix features two studios and four three-bedroom apartments. Three ground-level units have been fully renovated and are leased at market rents. The remaining units are occupied by long-term tenants who consistently pay rent on time, providing immediate income stability. The front courtyard has been transformed into a gated entry space with ficus trees and custom planter boxes. Onsite parking and a professionally managed, income-producing laundry room are additional features. The renovated bottom units include updated kitchens, gas ranges, and renovated bathrooms. With projected rent potential exceeding $23,000 when the top units reach market rates, this property presents an opportunity to secure an income-generating asset in Venice, near LAX, the beach, and various dining, shopping, and nightlife options. The lot size is approximately 0.1212 acres. The property is zoned LARD1.5 and has a building size of 4528 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Los Angeles
- State
- California
- Longitude
- -118.467598
- Latitude
- 33.996853
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit property near Abbot Kinney with income potential.
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 $2,955,555.
What are key features of this property?
This property features: Prime Location: Blocks from Abbot Kinney in Venice.; Strong Income Potential: Projected rent potential exceeding $23,000.; Renovated Units: Three ground‑level units are fully renovated and leased.
