631 Indiana Avenue Venice, CA 90291
Welcome to this unique investment opportunity in Venice, one of the hottest neighborhoods in LA. This multifamily property is located WEST of Lincoln and located a couple blocks away from Abbot Kinney. The front house has 2 bedrooms and 2 baths with private outdoor space. The rear building is 2 units with 3 bedrooms and 1 bath each stacked on top of one another. All units have updated kitchens, baths, and flooring. 4+ parking spots on property with access from the front and rear alley. This triplex has a unique setup allowing for a FOURTH UNIT (UDU) to be installed in the existing footprint. That means a potential income of $10, 800/month with existing tenants in place!
- Price per Sqft: $655
- Year Built: 1905
- Lot Size: 4,802 SqFt
- Parking Type: Driveway - Concrete
- Pool Description: None
- Lot Features: Level with Street
- Dryer: 1
- Sewer: Unknown
- County: Los Angeles
- Area: C11 - Venice
- HOA Fee:
- HOA Fee Includes: Suburban
- Existing Rent: $8,806
Directions: Indiana Ave between 6th & 7th
Listing courtesy of Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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