Venice Multifamily Property Near Tech
2403 Louella Ave Venice, CA 90291
2403 Louella Ave, Venice, CA, 90291
$2,495,000
For Sale
$2,495,000
Renovated 5-unit property in prime Silicon Beach location.
Lot Size0.13 Acres
Days on Market134
Property Features for 2403 Louella Ave
General Information
- Standard status
- Active
- Lot size
- 0.13 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1950
Listing agency
RE/MAX Masters
(714) 785-2557
Listed by
Eric Eide · License #01207980
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:32AM Checked: Jul 21 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Masters
Investment Insights
Based on property information with market context.
Located along Venice Blvd, this property features 5 renovated units, including a large 2-bedroom, 1-bath owner's unit with a private patio. All units have been updated with two-tone paint, dual-pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, vanities, toilets, fixtures, tubs, and garage door openers. Several units include patios or balconies. The property offers value-add potential due to below-market rents, with opportunities to increase revenue by leasing out garage spaces and raising rents. An on-site laundry room is available for tenants. The property is situated in the heart of Silicon Beach's "Tech Hub," close to major employers such as Snap Inc., Google, System1, and Headspace. It is less than a mile from Venice Beach & Boardwalk and near Muscle Beach, Venice Skatepark, Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. The property is adjacent to Culver City, Marina Del Rey, and Santa Monica, with easy access to public transportation and the 10 and 405 Freeways. It is 7 miles from Los Angeles Airport (LAX) and 2.5 miles from Santa Monica Airport. West Los Angeles College (WLAC) is 4.5 miles away, and UCLA is 8 miles away.
Key Highlights
- Prime location in the heart of Silicon Beach's 'Tech Hub', near major employers like Snap Inc. and Google.
- All 5 units are renovated with new two‑tone paint, dual pane windows, vinyl flooring, stainless steel appliances, and updated fixtures.
- Large 2 bedroom/1 bath owner's unit with a private patio.
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FAQs
What type of property is this?
Apartment building - Renovated 5-unit property in prime Silicon Beach location.
Where is this apartment building located?
The property is located at 2403 Louella Ave Venice, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime location in the heart of Silicon Beach's 'Tech Hub', near major employers like Snap Inc. and Google.; All 5 units are renovated with new two‑tone paint, dual pane windows, vinyl flooring, stainless steel appliances, and updated fixtures.; **Large 2 bedroom/1 bath owner's unit with a private patio.**
