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656 Indiana Ave, 
Venice, CA 90291

$2,999,999


14

Beds


6

Baths


4,528

Sq Ft


Multi-Family

Active

Listed by

Peter Jumrukovski

Ron Anavim

Real Broker

619-663-8680

Last updated:

July 16, 2025, 02:17 PM

MLS#

25555487

Source:

CA CLAW

About This Home

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 featured in the bottom three units with updated kitchens, gas ranges, and renovated bathrooms. With current total rent at over $15,800/month and projected rent potential of over $26,000 when the top units reach market rates, this is a compelling opportunity for investors looking to secure a well-positioned, income-generating asset in the heart of Venice, just minutes to LAX, the beach, and the city's trendiest dining, shopping, and nightlife.

Home Facts

Multi-Family

6 Baths

14 Bedrooms

Built in 1962

Price Summary

2,999,999

$662 per Sq. Ft.

MLS #:

25555487

Last Updated:

July 16, 2025, 02:17 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

6

Interior

Living Area:

4,528 Sq. Ft.


Structure

Structure

Architectural Style:

Mid-Century

Year Built:

1962


Lot

Lot Size (Sq. Ft):

5,281


Finances & Disclosures

Finances

Price:

$2,999,999

Price per Sq. Ft:

$662 per Sq. Ft.

Source:CA CLAW
The information being provided by The MLS/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The MLS/Claw All rights reserved.

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