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Apartment Building with Renovated Units
For Sale
$2,495,000

2403 Louella Avenue, Venice, CA 90291

Venice, CA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market339

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 4, Bedroom 3, Bedroom 2, Bedroom 5, Kitchen, Bedroom 4, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 5, Laundry Room, Bedroom 6, Bathroom 3, Bedroom 1
Parking 4
Parking features Driveway, Assigned, Garage, Covered
Window features Screens, Blinds
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

Building Details

Year built 1950
Floors in Building 2
Number of units 5
Flooring type Tile, Vinyl
Building materials Frame, Concrete, Stucco
Roof type Composition, Tar/Gravel, Flat
Architectural style Other
Listing Agency: RE/MAX MASTERS REALTY · RE/MAX International
Listed By: Eric Eide · License #01207980
Added: Sep 26, 2025 Changed: Aug 25 Last Checked: Aug 30 at 10:06AM
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.

The property at 2403 Louella Avenue in Venice contains 5 units, including a 2-bedroom, 1-bath owner’s unit with a private patio. Renovation work across the units includes two-tone paint, dual-pane windows, vinyl flooring, stainless steel appliances, ceiling fans, window treatments, updated vanities, toilets, fixtures, and tubs. The building also provides an on-site laundry room, garage and driveway parking, assigned and covered parking areas, public water and sewer, and wall-furnace heating.

Built in 1950, the property occupies 0.1345 acres and is zoned LAR4. It is located along Venice Boulevard, less than a mile from Venice Beach and the Boardwalk, with nearby access to public transportation and the 10 and 405 Freeways. Santa Monica Airport is 2.5 Miles away, while Los Angeles Airport is 7 Miles from the property.

Key Highlights

  • 5‑unit apartment building with a 2‑bedroom, 1‑bath owner’s unit
  • All units renovated with updated finishes, appliances, windows, flooring, and bathroom fixtures
  • 0.1345‑acre property zoned LAR4

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Electrical Service Kitchen & Bath Showroom Building Supply Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,666
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily property with LAR4 zoning, private outdoor space, garage parking, 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 apartment building with a 2‑bedroom, 1‑bath owner’s unit; All units renovated with updated finishes, appliances, windows, flooring, and bathroom fixtures; 0.1345‑acre property zoned LAR4
More about this property
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