2403 Louella AVE new Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25215931
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1950
Lot Size 5,858 Sqft
Property Sub-Type Mixed Use
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
Cooling None
Flooring Tile,Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range,Freezer,Gas Cooktop,Disposal,Gas Range,Refrigerator,Water Heater
Laundry Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room,See Remarks
Exterior
Parking Features Assigned,Asphalt,Concrete,Covered,Driveway Level,Door-Single,Garage,Garage Faces Rear,On Street
Garage Spaces 4.0
Garage Description 4.0
Fence Excellent Condition,Privacy,Stucco Wall,Wood,Wrought Iron
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Flat,Tar/Gravel
Accessibility See Remarks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard,Corner Lot,Drip Irrigation/Bubblers,Front Yard,Lawn,Near Public Transit,Rectangular Lot,Street Level,Walkstreet
Story 2
Entry Level One,Two
Foundation Slab
Sewer Public Sewer,Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories One,Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4236006006
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
Listing Terms Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
Special Listing Condition Standard