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About the Listing CLW-M2000133 - CLW-C117843
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.
Listing Highlights for 605 Indiana Ave
Status
Active
Days on Site
213
Property Type
Multi-Family
MLS ®
25494949
Year Built
1921
Total Square Footage
2,638
Lot/Acreage
0.12
County
Los Angeles
Area
C11 - Venice
Interior Details
- Bedrooms: 7
- Bathrooms: 6 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Driveway,Concrete,Parking Space,Street,Gated,Private
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4239003007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
605 Indiana Ave Venice, CA 90291
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