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.
Sold for $2,350,000
Listing Provided by: Boulevard Estate Properties OTB
Bought with: Moses Commercial, Inc
$2,350,000
540 Indiana Ave, Venice, CA 90291
10beds
2,922sqft
Quadruplex
Built in 1959
-- sqft lot
$2,585,200 Zestimate®
$804/sqft
$6,140 Estimated rent
Home value
$2,585,200
$2.27M - $2.97M
$6,140/mo
Zestimate® history
Owner options
List your home for rent
$6,140/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$6,140/mo
Rent Zestimate®
Refinance and save
$14,904/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$14,904/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Boutique shopsTrendy restaurants
Zillow last checked:
Listing updated:
Listing Provided by:
Takara Adair DRE #02083827 818-303-4405,
Boulevard Estate Properties OTB,
Co-Listing Agent: William Vides DRE #02093334,
Boulevard Estate Properties OTB
Bought with:
Shane Moses, DRE #02007841
Moses Commercial, Inc
Source: CRMLS,MLS#: SR23123030
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 3
- Main level bedrooms: 5
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Vented Exhaust Fan
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,922 sqft
Property
Parking
- Total spaces: 4
- Parking features: One Space
- Uncovered spaces: 4
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: MAIN
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,279 sqft
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 4239009010
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Venice
Other
Other facts
- Listing terms: Cash,Conventional,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $2,350,000-13%$804/sqft |
Source:  CRMLS #SR23123030 Report a problem | ||
| 10/9/2023 | Pending sale | $2,700,000$924/sqft |
Source: CRMLS #SR23123030 Report a problem | ||
| 7/27/2023 | Listed for sale | $2,700,000$924/sqft |
Source: CRMLS #SR23123030 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Venice
Nearby schools
GreatSchools rating
- 7/10Westminster Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 1.5 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 1.4 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,585,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,585,200
- California
- Los Angeles County
- Los Angeles
- 90291
- Venice
- 540 Indiana Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
