540 Indiana Avenue
Venice, CA 90291
Sold
Introducing a fantastic investment opportunity in the heart of Oakwood, Venice a 4-plex with immense potential. This property presents an excellent chance for investors looking to add value through renovations and capitalize on the thriving real estate market in this desirable neighborhood. With a fixer-upper status, there is ample room to unlock its hidden value and tailor it to meet modern standards and design preferences. The location of this investment property is truly exceptional. Situated in the heart of Oakwood, one of the most vibrant and sought-after neighborhoods in Venice, residents will enjoy the unique atmosphere and charm that the area offers. With its proximity to popular attractions, trendy restaurants, boutique shops, and cultural hotspots, this location attracts a wide range of tenants/ homeowners seeking a vibrant and dynamic lifestyle. With the potential for value appreciation through renovations, this property is a diamond in the rough waiting to be transformed into a lucrative and sought-after asset.
PROPERTY INFORMATION
MLS # | SR23123030 | Lot Size | 5,279 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Quadruplex |
Price | $ 2,700,000
Price Per SqFt: $ 924 |
DOM | 665 Days |
Address | 540 Indiana Avenue | Type | Residential |
City | Venice | Sq.Ft. | 2,922 Sq. Ft. |
Postal Code | 90291 | Garage | N/A |
County | Los Angeles | Year Built | 1959 |
Bed / Bath | 10 / 6 | Parking | 4 |
Built In | 1959 | Status | Closed |
Sold Date | 2024-05-17 |
INTERIOR FEATURES
Has Laundry | No |
Laundry Information | None |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | Yes |
Kitchen Appliances | Vented Exhaust Fan |
Has Heating | Yes |
Heating Information | Wall Furnace |
Room Information | Kitchen, Living Room |
Has Cooling | No |
Cooling Information | None |
EntryLocation | MAIN |
Entry Level | 1 |
Has Spa | No |
SpaDescription | None |
Main Level Bedrooms | 5 |
Main Level Bathrooms | 3 |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
Has Patio | Yes |
Patio | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,880
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
05/17/2024 | Sold | $2,350,000 |
04/22/2024 | Pending | $2,700,000 |
01/04/2024 | Pending | $2,700,000 |
10/08/2023 | Pending | $2,700,000 |
07/11/2023 | Listed | $2,700,000 |

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Listing provided courtesy of Takara Adair, Boulevard Estate Properties OTB. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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. 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, 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.