Venice Multifamily Property Near Tech
For Sale
$2,495,000
2403 Louella Avenue, Venice, CA 90291
Renovated 5-unit property in prime Silicon Beach location.
Property Size2,947 SF
Days on Market335
Property Features for 2403 Louella Avenue
General Information
Standard status
Active
Size
2,947 SF
Property subtype
Mixed Use
Building Details
Building Size
2,947 SF
Year Built
1950
Listing Agency:
RE/MAX MASTERS REALTY
(714) 785-2557
Listed By:
Eric Eide · License #01207980
Source:
Archetyperealty
Added: Sep 26, 2025
Changed: Aug 23
Last Checked: Aug 25 at 12:26PM
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 REALTY
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.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,520
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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 Avenue 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.**
