656 Indiana AV
Venice, CA, 90291
$2,777,000
14 Beds
6 Baths
4,528 SqFt
0.12 Acres
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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.

Property Details

Price:
$2,777,000
MLS #:
25555487
Status:
Active
Beds:
14
Baths:
6
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Nov 14, 2025
Finished Sq Ft:
4,528
Total Sq Ft:
4,528
Lot Size:
5,281 sqft / 0.12 acres (approx)
Year Built:
1962
Community GatedC11 – VeniceC11venice

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Schools

Interior

Appliances
DW, RF
Cooling
NO
Flooring
LAM, CARP
Heating
WL
Laundry Features
OUT

Exterior

Architectural Style
MCM
Parking Spots
4
Security Features
GC

Financial

Gross Operating Income
$192,312
Maintenance Fee
$6,000
Net Operating Income
$141,040

Map

Community

Subdivisions in Venice

Market Summary

Current real estate data for Single Family in Venice as of Dec 07, 2025
112
Single Family Listed
75
Avg DOM
751
Avg $ / SqFt
$1,537,958
Avg List Price

Property Summary

    656 Indiana AV Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $2,777,000 and features 14 beds, 6 baths, and has approximately 4,528 square feet of living space, and was originally constructed in 1962. The current price per square foot is $613. The average price per square foot for Single Family listings in Venice is $751. The average listing price for Single Family in Venice is $1,537,958.

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