$2,750,000
-$205,555656 Indiana Avenue, Venice CA 90291
Multi-Family (6 Units)
Property type
70 days
On market
$607
Price per sqft
N/A
Garage
1962
Year built
5,281 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: James Scott Suarez DRE #01433992 424-425-3775, Real Broker
Listing updated: May 20, 2026 at 10:23pm.
Last checked: Jun 3, 2026 at 06:31pm
Source: CRMLS #26662795
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $2,137 | $2,137 | $2,600 | Unfurnished |
| 1 | 3 | 1 | — | $0 | $0 | $4,750 | Unfurnished |
| 1 | 3 | 1 | — | $4,692 | $4,692 | $4,750 | Unfurnished |
| 1 | 0 | 1 | — | $820 | $820 | $2,600 | Unfurnished |
| 1 | 3 | 1 | — | $1,399 | $1,399 | $4,750 | Unfurnished |
| 1 | 3 | 1 | — | $2,768 | $2,768 | $4,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Carpet: 6
Dishwasher: 6
Ranges: 6
Refrigerator: 6
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.3x
List Price / Annual Gross Rent
Cap Rate
4.65%
NOI / List Price
Net Operating Income: $139,361
Interior
Interior Features: Ceiling Fans, Open Floor Plan, Recessed Lighting
Room Type: Living Room
Flooring: Carpet, Laminate, Vinyl
Cooling: None
Heating: Wall Furnace
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
Fireplace: None
Laundry: Common Area, Laundry Room, Outside
Exterior
Architectural Style: Mid Century Modern
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Pool: None
Spa: None
View: None
Garage and Parking
Parking: Assigned, Side By Side, Uncovered
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4239008014
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 656 Indiana Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,200,000
Total Interest
$2,805,979
Total Payment
$5,005,979
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,920
per month
Property History for 656 Indiana Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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