2403 Louella Ave

Venice, CA 90291
  • $2,795,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 2,947

    SqFt

About the Listing 2006 - C18910

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.

Listing Highlights for 2403 Louella Ave

Status Active
Days on Site 29
Property Type Multi-Family
MLS ® CV25215931
Year Built 1950
Total Square Footage 2,947
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances: Free-Standing Range, Freezer, Disposal, Gas Range, Gas Cooktop, Refrigerator, Water Heater
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Tile,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Recessed Lighting
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Corner Lot,Front Yard,Lawn,Level with Street,Rectangular Lot,Near Public Transit,Sprinklers Drip System,Walkstreet,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Zoning: LAR4
  • Roof: Composition,Flat,Tar/Gravel
  • Others: 2+ Total Units
  • Sewer: Public Sewer,Sewer Paid
  • Parking Features: Assigned,Covered,Asphalt,Concrete,Driveway Level,Garage,Garage Faces Rear,Garage - Single Door,Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4236006006
  • Tax Year: N/A

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2403 Louella Ave Venice, CA 90291

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Originating MLS: CA_CRISNET

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