Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 6-bedroom, 6-bathroom residential multi family at 2403 Louella Avenue in Venice, CA is listed for $2,495,000 ($847 per sqft). Built in 1950, the home offers 2,947 sqft of living space on a 0.13 acres lot.
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 etc.
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.
Key Features
- Built in 1950
- 0.13 acre lot
- 2 stories
- 4 parking spaces
Property Details
Monthly Cost Estimate
$13,344/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2403 Louella Avenue
Venice, CA 90291
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 6-bathroom residential multi family at 2403 Louella Avenue is listed at $2,495,000 ($847/sqft). The estimated monthly payment is $10,812 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.13 acre lot, 2 stories, 4 parking spaces. Interior Features: Ceiling Fan(s), Recessed Lighting, See Remarks. Exterior Features: Fence, Community Features Included: Gutters, Curbs.
This property is listed by Eric Eide and can be reached at 7147852557 or jericeide@gmail.com.
