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Property Description

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 Beachs 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. Dont miss this rare opportunity to invest in a highly desirable Venice property! Contact the listing agent for more details.

VeniceCalifornia
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USA
CA
Venice
90291
90291

605 Indiana Ave

Venice, California, 90291, United States

7 Bedrooms
2,638 Sqft
$3,300,000
Listing ID #1700344
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1700344
Ref ID : d0d50fac-bb38-4014-8d50-d09dfebfc3d8
Price : $3,300,000
Bedrooms : 7
Square Footage : 2,638 Sqft
Lot Area : 5,018.11 Sqft
MLS : 25494949
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