ParkingAssigned, Concrete, Driveway, Gated, Private, One Space, On Street
Year Built1921
HeatingCentral
CoolingCentral Air
MLS #24447325
Lot Size0.12 Acres
StatusActive
About 605 Indiana Ave
This exceptional property presents a remarkable opportunity for investors seeking high rental yields or owner-users wishing to live in one unit while generating income from the others. 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.
This property is $2.4M more than the Median Sold Price and $686/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24447325
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 457-6550
Listing Agent: Karsten Demers
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 11, 2018
Jan 11, 2018Home Sold
$2,775,000
Dec 16, 2013
Dec 16, 2013Home Sold
$1,700,000
Jun 12, 2007
Jun 12, 2007Home Sold
$799,000
May 26, 1988
May 26, 1988Home Sold
$227,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$34,718
$2,917,019
2020
$33,671
$2,887,110
2019
$22,410
$2,830,500
2018
$21,923
$1,846,102
2017
$21,923
$1,809,905
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Westminster Avenue Elementary
1010 Abbot Kinney Blvd
Distance between this listing and this school0.37 miles
Public District Grades KG-5
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school0.45 miles
Public District Grades KG-5
6
/10
Coeur d'Alene Avenue School
810 Coeur D Alene Ave
Distance between this listing and this school1.01 miles
Public District Grades KG-5
Nearby Schools
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school0.92 miles
Public District Grades KG-8
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.17 miles
Public District Grades 6-8
5
/10
Westside Global Awareness Magnet
104 Anchorage St
Distance between this listing and this school1.22 miles
Public Magnet Grades KG-8
Nearby Schools
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school0.35 miles
Public Charter Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $60,381. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 605 Indiana Ave
What is the listing price of this property?
The listing price of 605 Indiana Ave property is $3,500,000.
What type of property is this?
The property 605 Indiana Ave is a house located in Venice, California, 90291.
Is this property for sale now?
Active Listing: 605 Indiana Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $34,718 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 11, 2018 for $2,775,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 605 Indiana Ave has 7 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 605 Indiana Ave is 2,638 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 605 Indiana Ave is 1921.
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This home is located at 605 Indiana Ave in Venice, CA and zip code 90291 in the Venice neighborhood. This 2,638 square foot home, which was built in 1921, sits on a 0.12 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $3,500,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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