2403 Louella Avenue new Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,947 sqft
Price per Sqft $948
MLS Listing ID CV-25215931
Style Traditional
Year Built 1950
Lot Size 5,858 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property 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.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LAR4
Interior
Interior Features Ceiling Fan(s),Recessed Lighting
Heating Wall Furnace
Flooring Tile,Vinyl
Fireplaces Type None
Laundry See Remarks,Electric Dryer Hookup,Gas Dryer Hookup,Individual Room
Exterior
Parking Features Driveway Level,Garage,Garage - Single Door,Garage Faces Rear,Street,Asphalt,Assigned,Concrete,Covered
Garage Spaces 4.0
Pool None
Community Features Curbs,Gutters,Sidewalks
Utilities Available Sewer Connected,Water Connected,Electricity Connected,Natural Gas Connected
View Y/N Yes
Building
Lot Description Corner Lot,Front Yard,Lawn,Level with Street,Near Public Transit,Rectangular Lot,Sprinklers Drip System,Walkstreet,Back Yard
Sewer Public Sewer,Sewer Paid