2403 Louella AVE Active Save Request In-Person Tour Request Virtual Tour
Venice,CA 90291
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25215931
Style Traditional
Year Built 1950
Lot Size 5,858 Sqft
Source California Regional MLS
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 L
Location
State CA
County Los Angeles
Area C11 - Venice
Rooms
Kitchen Freezer,Garbage Disposal,Other,Oven Range - Gas,Oven Range,Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup,In Laundry Room,9
Exterior
Parking Features Assigned Spaces,Covered Parking,Garage,Off-Street Parking,Other
Garage Spaces 4.0
Pool 31,None
View Local/Neighborhood
Roof Type Flat / Low Pitch,Composition
Building
Lot Description Grade - Level
Story One Story
Foundation Concrete Slab
Sewer Sewer Available
Water Hot Water,District - Public
Architectural Style Traditional
Others
Tax ID 4236006006
Special Listing Condition Not Applicable