656 Indiana Avenue, Venice, CA 90291

Multi-Family · For sale · $2,450,000 · MLS# 26662795

Multi-Family for sale in Southern California — $2,450,000. 14 beds · 6 baths · 4,528 sqft. 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 buildin…

656 Indiana Avenue
For sale

$2,450,000

656 Indiana Avenue, Venice, CA 90291

14beds
6baths
4,528sqft
Multi-FamilyProperty type
1962Year built
5,281 sqft lotLot size
4,528 sqftLiving area
$541/sqftPrice / sqft
HOA
4 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 14
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: None

Appliances

  • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Laundry: Common Area, Laundry Room, Outside

Interior area

  • Living area: 4,528 sqft

Property

Parking

  • Total parking spaces: 4

Lot

  • Lot size: 5,281 sqft

Features

  • Pool features: None
  • View: None

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1962

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 113 days
  • Price / sqft: $541
  • Status: Active
  • MLS#: 26662795

Location

  • City: Venice
  • ZIP: 90291

About this home

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 in the bottom three units featuring updated kitchens, gas ranges, and renovated bathrooms. With projected rent potential exceeding $23,000 when the top units reach market rates, this is a compelling opportunity for investors to secure a well-positioned, income-generating asset in the heart of Venice, just minutes from LAX, the beach, and the city's trendiest dining, shopping, and nightlife.

Listing updated: July 1, 2026 at 3:42 PM

Listed by: James Scott Suarez, Real Broker

Source: CRMLS, MLS#: 26662795, Originating MLS: California Regional MLS

Location

Explore parks, streets, and what's around this home.

Venice

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 14
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: None

Appliances

  • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Laundry: Common Area, Laundry Room, Outside

Interior area

  • Living area: 4,528 sqft

Property

Parking

  • Total parking spaces: 4

Lot

  • Lot size: 5,281 sqft

Features

  • Pool features: None
  • View: None

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1962

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 113 days
  • Price / sqft: $541
  • Status: Active
  • MLS#: 26662795

Location

  • City: Venice
  • ZIP: 90291

Price history

DateEventPrice
7/01/2026Source: CRMLS, #26662795Price change$2,450,000$541/sqft-10.9%
3/27/2026Source: CRMLS, #26662795Listed for sale$2,750,000$607/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-01 15:42:32 PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information