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. Unit 607 may be delivered vacant at close of escrow. Don't miss this rare opportunity to invest in a highly desirable Venice property! Contact the listing agent for more details.
This property is $2.6M more than the Median Sold Price and $762/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: 10/22/2024, 11:20:54 AM 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.
Elementary School
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school0.44 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.33 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.42 miles
Public Magnet Grades 1-5
Middle School
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school1.37 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.26 miles
Public District Grades 6-8
High School
7
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school1.34 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.60 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school15.00 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school0.44 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.33 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.42 miles
Public Magnet Grades 1-5
Assigned Schools
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school1.37 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.26 miles
Public District Grades 6-8
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
Assigned Schools
7
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school1.34 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.60 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school15.00 miles
The neighbors living near this home have an average income of $60,381. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area 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 $3,699,000.
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 are the assigned schools for this property?
The assigned schools for 605 Indiana Ave are: Broadway Elementary School: GreatSchools Rating 8/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Mark Twain Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Venice Senior High School: GreatSchools Rating 7/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
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 $3,699,000.
Los Angeles, CA housing market in September 2024 saw over 532 listings sold above listed price, more than 180 sold at listed price and over 619 sold below. Between August 2024 and September 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.6%. The median list price of listings available in September 2024 was $1,012,476, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.