LOCALLA

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For Sale

$2,450,000

14 beds · 6 baths · 4,528 sqft

656 Indiana Ave Venice CA 90291

Residential Income

Built 1962

N/A

$541/sqft

No HOA

N/A

What's Special

Swimming Pool4 Parking SpacesFamily RoomVinyl, Laminate, Carpet FloorsBuilt-insDishwasherCeiling fanRangeOvenRefrigerator

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.

Days On Market: 61

Listing updated: July 1, 2026 at 10:31 PM

Listed by: James Scott Suarez DRE #01433992, Real Broker

james@thesuarezteam.com

Source: CLAW    MLS#: 26662795

Features & Facts

Interior

  • Bedrooms: 14
  • Bathrooms: 6
  • Square Feet: 4528
  • Year Built: 1962
  • Flooring: Vinyl, Laminate, Carpet
  • Family Room: Yes

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 8/24/2026, 6:59:01 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity