CA > Venice
Venice, CA 90291,2403 Louella AVE
Venice, CA 90291,2403 Louella AVE
Venice, CA 90291,2403 Louella AVE
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$2,695,000
Est. payment /mo
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5,858 Sqft Lot
Price Dropped by $100K

2403 Louella AVE Venice, CA 90291

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Madhu Sarkar

Madhu Sarkar

+1(650) 504-7768

UPDATED:

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

MLS Listing IDX PLUS
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Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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2403 Louella AVE