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656 Indiana Ave
Venice CA 90291 US

$2,955,555

Active Listing ID 26662795
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14 bed
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6.00 Bath (6 Full)
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Lot: 0.12 Acres
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Other

$2,955,555

Active Listing ID 26662795
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656 Indiana Ave 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 in the bottom three units featuring updated kitchens, gas ranges, and renovated bathrooms. With projected rent potential exceeding $23, 000 when the top units reach market rates, this is a compelling opportunity for investors to secure a well-positioned, income-generating asset in the heart of Venice, just minutes from LAX, the beach, and the city's trendiest dining, shopping, and nightlife.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Floor Covering: Vinyl, Carpet, Laminate

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2955555
  • unparsedaddress: 656 Indiana Ave
  • postalcity: Venice
  • stateorprovince: CA
  • country: US
  • postalcode: 90291
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1212
  • lotsizeunits: Acres
  • lotsizearea: 0.1212
  • livingarea: 4528
  • livingareaunits: Square Feet
  • latitude: 33.996853
  • longitude: -118.467598
  • listagentfullname: James Scott Suarez
  • listagentemail: james@thesuarezteam.com
  • listagentkey: 3yd-CLAWCA-X65191
  • listagentmlsid: X65191
  • listagentpreferredphone: 4244253775
  • listagentofficephone: 6196638680
  • listofficekey: 3yd-CLAWCA-X79021
  • listagentstatelicense: 01433992
  • listofficemlsid: X79021
  • disclaimer: 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.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1962
  • listingcontractdate: 2026-03-27
  • listagenturl: http://www.TheSuarezTeam.com
  • countyorparish: Los Angeles
  • parcelnumber: 4239-008-014
  • appliances: Microwave, Oven, Range
  • flooring: Vinyl, Carpet, Laminate
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Assigned, Side By Side, Covered
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Recessed Lighting, Open Floor Plan
  • 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
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.4676, 33.996853
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Brokerage Technologies, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"james@thesuarezteam.com", "ListBrokerageCity":"Newark", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cabroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Brokerage Technologies, Inc.", "ListBrokeragePhone":"(855) 450-0442", "ListBrokeragePostalCode":"94560", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"39899 Balentine Dr, Suite 200", "ListBrokerageWebsiteUrl":"https://onereal.com", "ListOfficeAddress1":"1420 Kettner Blvd. #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X79021", "ListOfficeCity":"San Diego", "ListOfficeCountry":"US", "ListOfficeEmail":"cabroker@therealbrokerage.com", "ListOfficePostalCode":"92101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Venice, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/656-Indiana-Ave_Venice_CA_90291_M93482-07808?f=listhub&s=CLAWCA&m=26662795&c=rexren", "MLSModificationTimestamp":"2026-05-01 14:45:56", "Neighborhoods":[{"Description":null, "Name":"Venice"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":37500, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/1/2026 10:07:08 PM GMT
Source Updated Date: 5/2/2026 6:57:09 PM GMT

Courtesy of: James Scott Suarez, Real Broker, james@thesuarezteam.com

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.