Renovated 5-Unit Multifamily
For Sale
$2,495,000
2403 Louella Avenue, Venice, CA 90291
COMMERCIAL - Other - Venice, CA
Lot Size0.13 Acres
Days on Market309
Property Features for 2403 Louella Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LAR4
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bathroom 2, Bedroom 6, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Kitchen, Bathroom 5, Bathroom 3, Bedroom 3
Parking
4
Parking features
Garage, Driveway, Covered, Assigned
Window features
Blinds, Screens
Interior features
Ceiling Fan(s), Recessed Lighting
Fencing
Privacy
Appliances
Gas Cooktop, Water Heater, Disposal, Refrigerator, Free-Standing Range, Gas Range, Freezer
Lot features
Corner Lot, Level with Street, Rectangular Lot, Near Public Transit, Sprinklers Drip System, Front Yard, Walkstreet, Back Yard, Lawn
Directions
Located on the corner of Venice Blvd & Louella Ave.
Subdivision
C11 - Venice
Standard status
Active
APN
4236006006
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Amenities
on-site laundry room
private patio
Building Details
Year built
1950
Floors in Building
2
Number of units
5
Flooring type
Vinyl, Tile
Building materials
Frame, Concrete, Stucco
Roof type
Composition, Flat, Tar/Gravel
Architectural style
Other
Listing Agency:
RE/MAX MASTERS REALTY · RE/MAX International
(909) 364-8380
Listed By:
Eric Eide · License #01207980
(714) 785-2557
Added: Sep 26, 2025
Changed: Jul 28
Last Checked: Jul 31 at 2:06AM
MLS# CV25215931
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5-unit multifamily property includes a large 2-bedroom, 1-bath owners unit with a private patio. All units have been renovated with two-tone paint, dual pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, and updated finishes such as vanities, toilets, fixtures, and tubs. The property also includes an on-site laundry room for tenant use, and there are garage spaces on site.
The property is located along Venice Blvd in Venice, within close proximity to major employers and area destinations such as Venice Beach and Boardwalk, Muscle Beach, Venice Skatepark, the Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. Access to public transportation is available, and the location is described as near the 10 and 405 freeways.
Zoned LAR4, the property sits on a 0.1345-acre lot.
The property is located along Venice Blvd in Venice, within close proximity to major employers and area destinations such as Venice Beach and Boardwalk, Muscle Beach, Venice Skatepark, the Venice Canals Historic District, Abbot Kinney Boulevard, and Santa Monica Pier. Access to public transportation is available, and the location is described as near the 10 and 405 freeways.
Zoned LAR4, the property sits on a 0.1345-acre lot.
Key Highlights
- 5‑unit property along Venice Blvd with a large 2 bed/1 bath owners unit and private patio
- Renovated units with dual pane windows and vinyl flooring, plus stainless steel appliances and ceiling fans
- Updated in‑unit finishes including two‑tone paint, new vanities, toilets, fixtures, and tubs
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,008
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five renovated units include an owners unit with a private patio and an on-site laundry room.
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: 5‑unit property along Venice Blvd with a large 2 bed/1 bath owners unit and private patio; Renovated units with dual pane windows and vinyl flooring, plus stainless steel appliances and ceiling fans; Updated in‑unit finishes including two‑tone paint, new vanities, toilets, fixtures, and tubs
