810 Indiana Avenue, Venice, CA, 90291

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$1,875,000
15 Days On Site

810 Indiana Avenue
Venice, CA 90291

For Sale|Residential Income|Active Under Contract
3
Beds
3
Total Baths
1,708
SqFt
$1,098
/SqFt
1949
Built
County:
Los Angeles
Listed by Tyler Kunkle of Pardee Properties tyler@pardeeproperties.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
810 Indiana Avenue810 Indiana Avenue810 Indiana Avenue810 Indiana Avenue
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West of Lincoln and filled with quintessential Venice charm, this exceptionally well-kept triplex w/ 2 vacant units offers a rare combination of lifestyle, income, and long-term upside. Situated on a large 5,281 square foot RD1.5-zoned lot, the property features a vacant one-bedroom unit with its own private outdoor space, a large occupied studio with its own private outdoor space, and the true star of the property a vacant two-bedroom owner's unit with an incredible private backyard of more than 350 square feet. The owner's unit is thoughtfully designed with its own in-unit laundry, beautiful architectural archways, an open and inviting floor plan, and a seamless connection to the outdoors. The backyard is what truly sets this property apart. Large, private, and incredibly hard to find in Venice, it feels like a natural extension of the home with plenty of room to entertain friends, dine outside, relax in the sun, garden, or even add a play set for the kids. It delivers the kind of indoor-outdoor lifestyle that makes Venice living so special. For an owner-user, the setup is hard to beat. Live in the spacious two-bedroom unit and enjoy the privacy, yard, and lifestyle of your own home while collecting rent from the other two units to help offset your monthly payments. This isn't your average triplex where the owner's unit feels like just another apartment. Here, you can genuinely feel like you're living in your own single-family home while benefiting from additional rental income right on the property. Adding another layer of opportunity is the massive three-car garage with alley access, offering more than 650 square feet of additional space and incredible flexibility for the future. Keep it as exceptional off-street parking and storage, explore the potential for future ADUs, or imagine transforming some or all of the space into an amazing bonus room, game room, workshop, work-from-home studio, creative space, or gym. With more than 650 square feet to work with, it is a substantial value-add and an exciting blank canvas for the next owner.Investors should take notice as well. With both the two-bedroom and one-bedroom units delivered vacant, a new owner has the opportunity to secure market rents on two of the three units from day one. At projected market rents, the property pencils to approximately a 5% cap rate, creating an attractive opportunity for someone looking to add a well-maintained Venice triplex to their portfolio without taking on a major renovation project.And for buyers thinking longer term, the 5,281 square foot RD1.5-zoned lot creates another compelling layer of upside. As Los Angeles building regulations, density bonuses, and housing incentives continue to evolve, the property offers exciting potential for a buyer interested in maximizing the site over time. Buyers should independently investigate current zoning, density bonus programs, ADU opportunities, and development potential with the City. Whether you're an owner-user looking for a home with rental income, an investor seeking immediate income potential, or a buyer thinking about the property's longer-term development possibilities, this is far more than your average triplex. It's a uniquely Venice opportunity combining a true sense of home, meaningful private outdoor space, more than 650 square feet of garage space, rental income, and future upside all west of Lincoln.

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Listing Snapshot
Price 
$1,875,000
Days On Site 
15 Days
Bedrooms 
3
Inside Area (SqFt) 
1,708 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1212 Acres
Year Built 
1949
MLS® Number 
26992139
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.1212
Disclosures 
CoastalCommissionRestrictions
Garage 
Yes
Levels 
One
Number Of Stories 
1
Parking 
DrivewayGarage
Parking Spaces 
5
Property Condition 
Updated/Remodeled
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1708
Style 
Spanish
Zoning 
LARD1.5
Interior Features
Appliances 
RefrigeratorDryerWasher
Fireplace Features 
None
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Exterior Features
Lot Features 
Front Yard
Pool Features 
None
Spa Features 
None
Community Features
MLS Area 
C11 - Venice


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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