2403 Louella Avenue, Venice, CA 90291
Local realty services provided by:ERA North Orange County Real Estate
2403 Louella Avenue,Venice, CA 90291
$2,795,000
- - Beds
- - Baths
- 2,947 sq. ft.
- Multi-family
- Active
Listed by:eric eide
Office:re/max masters realty
MLS#:CV25215931
Source:CRMLS
Price summary
- Price:$2,795,000
- Price per sq. ft.:$948.42
About this home
This property is located along Venice Blvd and features 5 units including a large 2 bedroom/1 bath owners unit with private patio. All units have been renovated with new two tone paint, dual pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, vanities, toilets, fixtures, tubs, garage door openers etc. Several units include patio's or balconies. Added value with below market rents make this investment very attractive. Increase revenue by leasing out the garage spaces and increasing the rents. Also, there is an on-site laundry room for tenants to use. This property has an ideal location in the heart of Silicon Beach’s “Tech Hub” with close proximity to major employers (Snap Inc., Google, System1, Headspace, and more. Less than a mile away from the famous Venice Beach & Boardwalk and in close proximity to other well-known surrounding amenities and locations, including Muscle Beach, Venice Skatepark, Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. The submarket median home values are expected to increase by approximately 12% in the next 5 years. Adjacent to Culver City, Marina Del Rey, and Santa Monica. Easy access to public transportation and near the 10 and 405 Freeways. This property is only 7 miles away from Los Angeles Airport (LAX) and 2.5 miles away from Santa Monica Airport. In addition, the subject property is 4.5 miles away from West Los Angeles College (WLAC) and 8 miles away from UCLA.
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Home facts
- Year built:1950
- Listing ID #:CV25215931
- Added:1 day(s) ago
- Updated:September 27, 2025 at 12:21 AM
Rooms and interior
- Living area:2,947 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition, Flat, Tar Gravel
- Year built:1950
- Building area:2,947 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected, Sewer Tap Paid
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$948.42
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