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.
Parking Features: Assigned, Concrete, Driveway, Gated, Private, One Space, On Street
Parking Total: 5
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 7 bedrooms in this multi-family home at 605 Indiana Avenue.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 605 Indiana Avenue.
How does 605 Indiana Avenue compare to other multi-family homes in Oakwood?
This multi-family home is listed 1% above the average price for multi-family homes in Oakwood and has been on the market for 171 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,638 sqft.
605 Indiana Avenue is a 7-bedroom multi-family home for sale in Venice CA 90291. Listed on Prevu for 308 days at $3,300,000. This home features 2,638 square feet of living space, located in Oakwood. The median listing price for multi-family homes in this area is $2,300,000. The home offers dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
