631 Indiana Avenue, Venice, CA 90291

About this property

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!

Listing description from the October 2018 sale, as reported to CRMLS.

Sale history

$1,860,000

Sold October 2018 · listed $1,899,000, on market June 2018 · MLS #SB18138129 · Source: CRMLS

Listing Agent: Daniel "Dow" Chang · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: General NONMEMBER · CRMLS

$980,000

Sold May 2012 · listed $1,100,000, orig. $1,188,000, on market April 2011 · MLS #11519221 · Source: CRMLS

Listing Agent: Richard Cabo · Listing Office: Sotheby's International Realty · Contact: 310-481-6262 · Bought with: C. Matthew Goldstone · House Network

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