Homes for sale - 605 Indiana AVE, Venice, CA 90291

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$3,500,000

Est. payment - /mo

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7 BD

6 BA

2,638 SqFt

Price Dropped by $199K

605 Indiana AVE Venice, CA 90291

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Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

11/20/2024 08:04 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,638 sqft

Price per Sqft $1,326

MLS Listing ID 24447325

Bedrooms 7

HOA Y/N No

Year Built 1921

Lot Size 5,018 Sqft

Property Description

This exceptional property presents a remarkable opportunity for investors seeking high rental yields or owner-users wishing to live in one unit while generating income from the others. 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.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Exterior

Parking Features Assigned, Concrete, Driveway, Gated, Private, One Space, On Street

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Architectural Style Bungalow

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4239003007

Financing Cash

Special Listing Condition Standard

Listed by Karsten Demers • Coldwell Banker Realty

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772