631 Indiana Ave Venice, CA 90291

$1,860,000 Sold Price as of 10/10/2018

10 Beds
5 Baths
2,602 Sq.Ft.

Off Market

$1,860,000 Sold Price as of 10/10/2018 Refinance Your Mortgage

Map preview of 631 Indiana Ave, Venice, CA 90291

Property Overview: 631 Indiana Ave Venice, CA has 10 bedrooms, 5 bathrooms, 2,602 living square feet and 4,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

631 Indiana Ave is currently an off market home in the city of Venice. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Venice has a median list price of $2,599,000. The median price per/sqft for Venice is $1,264. With those numbers in mind, if you are looking to purchase a median priced home in Venice, CA and put 20% down you will need to save up $519,800 for the down payment and will need roughly $51,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Venice the commission could be as much as $115,100. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 631 Indiana Ave

Last sold for $1,860,000 on October 10th, 2018

May, 2022
May 17, 2022

Date

Canceled

CRMLS: 22124733

$2,770,000

Price
Feb 17, 2022

Date

Active

CRMLS: 22124733

$2,940,000

Price
Listing provided courtesy of CRMLS

Welcome to the world famous VENICE BEACH. One of the most iconic and desirable place to live in Southern California. This Multi-FAMILY property is situated a mere 6 block away from the ocean between Rose Ave. and ABBOT KINNY BLVD. The main house boasts 4 bedrooms and 3 baths including a beautiful and cozy PRIVATE OUTDOOR SPACE. Currently used an owner's unit in conjunction with the rear building (2 units with 3 bedrooms & 1 bath each stacked on top) as rental units. All units have updated kitchen, baths and flooring. Property can accommodate 4 vehicles with separate access from the front and REAR ALLEY (automated gate). Kitchen, water heater and laundry area also upgraded. Must see property.... ENJ

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May, 2021
May 15, 2021

Date

Expired

CRMLS: 21676884

$3,500

Price
Feb 19, 2021

Date

Withdrawn

CRMLS: 21676884

$3,500

Price
Jan 7, 2021

Date

Active

CRMLS: 21676884

$3,500

Price
Listing provided courtesy of CRMLS
April, 2021
Apr 10, 2021

Date

Withdrawn

CRMLS: 21694512

$2,600,000

Price
Feb 19, 2021

Date

Price Change

CRMLS: 21694512

$2,600,000

Price
Feb 19, 2021

Date

Active

CRMLS: 21694512

$1,600,000

Price
Listing provided courtesy of CRMLS

Welcome to VENICE BEACH, one of the most desirable place in LA. This MULTIFAMILY property is located just 6 block away from ocean, between ROSE and ABBOT KINNY. The front house has 4bedroom & 2bath with beautiful and cozy PRIVATE OUTDOOR SPACE. Could use as a owners unit. The rear building is 2 units with 3 bedroom &1bath each stacked on top of one another. All units have updated kitchens, baths, and flooring. About 3 parking spot on the property with access from the front and REAR ALLEY (automatic gated). Now, front unit is used as a owners user. Many things are changed and upgraded. Electric Power usage is Upgraded(2021). Water Heater is change to tankless(2021).etc...

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January, 2020
Jan 31, 2020

Date

Expired

CRMLS: 19536996

$3,900

Price
Jan 4, 2020

Date

Withdrawn

CRMLS: 19536996

$3,900

Price
Dec 28, 2019

Date

Active

CRMLS: 19536996

$3,900

Price
Dec 19, 2019

Date

Hold

CRMLS: 19536996

$3,900

Price
Dec 18, 2019

Date

Price Change

CRMLS: 19536996

$3,900

Price
Dec 14, 2019

Date

Active

CRMLS: 19536996

$4,200

Price
Listing provided courtesy of CRMLS

One of the hottest neighborhoods in LA. It is couples blocks away from beach and Abbo Kinny. This unit with 3 Bedrooms and 1 bath.Totally have updated kitchen counter top new dishwasher and new bathroom. new window and blinds etc,...

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October, 2018
Oct 10, 2018

Date

Sold

CRMLS: SB18138129

$1,860,000

Price
Sep 12, 2018

Date

Active Under Contract

CRMLS: SB18138129

$1,899,000

Price
Jun 11, 2018

Date

Active

CRMLS: SB18138129

$1,899,000

Price
Listing provided courtesy of CRMLS

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!

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October, 2018
Oct 10, 2018

Date

Sold (Public Records)

Public Records

$1,860,000

Price
November, 2017
Nov 24, 2017

Date

Expired

CRMLS: 17214226

$2,095,000

Price
Aug 24, 2017

Date

Price Change

CRMLS: 17214226

$2,095,000

Price
May 31, 2017

Date

Price Change

CRMLS: 17214226

$2,175,000

Price
Mar 23, 2017

Date

Price Change

CRMLS: 17214226

$2,299,900

Price
Mar 23, 2017

Date

Active

CRMLS: 17214226

$22,999,000

Price
Listing provided courtesy of CRMLS

There is an existing fourth unit that in non conforming. The Seller is currently in the process of legalizing that unit. This will be delivered Vacant.Gated compound in a prime location west of Lincoln Blvd. Close to the beach near trendy Rose Avenue and Abbot Kinney Blvd. Two buildings with approximately 2,900 square feet. Private front house has 2 bedrooms and 2 baths with private outdoor space. Rear building has two stories including two units with 3 bedrooms and 1 bath each. All units have updated kitchens, baths and flooring. 4 + parking spots with access from the front and rear alley. Current income is over $ 8,600/month and can be increased approximately $2,000/month.

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May, 2012
May 2, 2012

Date

Sold (Public Records)

Public Records

$980,000

Price

Tax History for 631 Indiana Ave

Assessed Value (2020): $1,897,200

Year	Land Value	Improved Value	Assessed Value
2020	$1,693,200	$204,000	$1,897,200

About 631 Indiana Ave

Detailed summary of property

631 Indiana Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Venice, CA 90291 and last sold on October 10, 2018 for $1,860,000. This property has 10 bedrooms, 5 bathrooms, roughly 2,602 living square feet, and sits on an approximately 4,802 square foot lot. Homes in Venice are selling for a median price of $2,302,000 and a median price per square foot of $1,155. Based on Ardent Real Estate Group's Venice Market Data, this home is sold 19.2% lower than the current median priced home. 631 Indiana Ave was last sold on October 10, 2018 for $1,860,000. Local nearby listings include 12566 Indianapolis St, 3654 Wade St and 12601 Preston Way. The average home in Venice, CA is selling in 106 days. There are currently 141 homes for sale in the Venice real estate market and 127 of them are single family homes while 10 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 631 Indiana Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 631 Indiana Ave

Public county record property details

Beds: 10
Baths: 5
Year built: 1905
Sq. Ft.: 2,602
Lot Size: 4,802
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 4239-003-034

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,595,000

Median List Price/Sq.Ft.

$1,264

Median Sold Price

$2,302,000

Median Sold Price/Sq.Ft.

$1,423

Total Inventory

137

Median Sale to List Price %

92.26%

Avg Days on Market

Loan Type

Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

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(714) 706-1823

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