2403 Louella Ave , Venice, CA 90291
$2,495,000
Est. Payment: $12,554.45/mo
6 Bed
6 Bath
2947 Sqft
Status: active | Days on site: 228
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Eric Eide , 714-785-2557 RE/MAX MASTERS REALTY , 909-364-8380. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1950

County

Los Angeles

Area

C11 - Venice

Listing ID

CV25215931

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:
Appliances:Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Range, Refrigerator, Water Heater
Floor:Tile,Vinyl
Other:Ceiling Fan(s),Recessed Lighting
Other:Public

Exterior Features

Lot:Back Yard,Corner Lot,Drip Irrigation/Bubblers,Front Yard,Lawn,Near Public Transit,Rectangular Lot,Street Level,Walkstreet,No Land Lease
Garage Capacity:4
Zoning:LAR4
Roof:Composition,Flat,Tar/Gravel
Others:Updated/Remodeled,Frame,Concrete,Stucco,2+ Total Units
Sewer:Public Sewer,Sewer Tap Paid
Parking Features:Assigned,Asphalt,Concrete,Covered,Driveway Level,Door-Single,Garage,Garage Faces Rear,On Street
Principal Interest
$12,554
Taxes
$1,591

Home Price

$2,495,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$499,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,554.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,554.45 $1,590.56 $0.00 $14,145.01
Yearly $150,653.35 $19,086.75 $0.00 $169,740.10
Total $4,519,600.40 $572,602.50 $0.00 $5,092,202.90

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Venice, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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