605 Indiana Ave

Venice, CA 90291

This exceptional Triplex property presents a remarkable opportunity for investors seeking high rental yields in Venice Beach.

Sales Price $3,300,000

Beds

7

Baths

6

Home Size

2638 Sq. Ft.

Lot Size

5019 Sq. Ft.

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This exceptional Triplex property presents a remarkable opportunity for investors seeking high rental yields in Venice Beach.

Each unit has undergone a significant remodel in 2014, featuring beautiful distressed hardwood floors, farmhouse closet doors, custom cabinetry, and modern kitchens and bathrooms equipped with Caesarstone countertops and stainless steel appliances. The property boasts enhanced privacy with new landscaping, a secure electric gate, and dedicated parking for each unit. Unit 605 is the front Bungalow which is a spacious 3 bed, 2 bath home with a loft in one bedroom, cathedral ceilings in the living room, and a private front yard ideal for Venice Beach's indoor-outdoor lifestyle. Comes with 2 dedicated parking spaces & private laundry area. Unit 607 is a 2 bed, 2 bath layout featuring a private covered outdoor deck and its own entrance, along with designated parking & in unit stacked laundry .Unit 609 is the upper 2 bed, 2 bath space offers stunning roofline views and includes a dedicated parking space and separate pedestrian gate access w/ in unit laundry. Thanks to its prime location, just a short walk or bike ride from Abbot Kinney Blvd, Rose Ave, Lincoln Blvd, and the beach, these units consistently attract high market rents shortly after listing. Additionally, the duplex portion of the property is not subject to the Rent Stabilization Ordinance (RSO) as this was completed in 2014 per LADBS. Don't miss this rare opportunity to invest in a highly desirable Venice property! Contact the listing agent for more details.

This home located at 605 Indiana Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $3,300,000. It has 7 beds and 6 bathrooms. The property was built in 1921. 605 Indiana Ave is in the Venice community of Los Angeles County.

Quick Facts

  • 8 days on market
  • Built in 1921
  • Total parking spaces 5Car
  • Assigned, Driveway, Driveway - Concrete, Parking Space, On street, Gated, Private
  • Community | Venice
  • MLS# | 25494949

Features

  • Central, Wall Unit(s) Cooling
  • Central Heat
Connect with an agent
(21)

Aishah Bango

Partner | DRE #02123858

Listed By Karsten Demers · Coldwell Banker Realty

Explore Venice, CA

Perched right on the Pacific Ocean, this tight-knit community is a cultural hub, well known for its eccentricities and its beauty.

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