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2403 Louella Avenue, Venice, CA 90291

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For Sale

$2,795,000

6 beds • 6 baths • 2,947 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $948.42
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# CV25215931

Courtesy Of RE/MAX Masters

(909) 364-8380

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Ceiling Fan
  • Appliances
    Cooktop, Cooktop - Gas, Freezer, Garbage Disposer, Range, Range - Gas, Refrigerator
  • Architecture Style
    New Traditional
  • Exterior Type
    Concrete, Stucco
  • Floor Covering
    Tile, Vinyl
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 2403 Louella Avenue, Venice, CA 90291

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Monthly Payment Breakdown

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  • Hazard Insurance
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.