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For sale
  • Listed by: RE/MAX MASTERS REALTY • Eric Eide • Contact: 714-785-2557
    Price cut: $200K (5/8)
    $2,495,000

    2403 Louella Ave, Venice, CA 90291

    6beds
    6baths
    2,947sqft
    : 
    $16,554/mo
    Get pre-qualified
    Mixed Use
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $847/sqft
    $-- HOA

    What's special

    Garage door openersPrivate patioNew two tone paintStainless steel appliancesWindow treatmentsVinyl flooringDual pane windows
    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.
    304 days
    |
    99
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Eide DRE #01207980 714-785-2557,

    RE/MAX MASTERS REALTY

    Source: CRMLS,MLS#: CV25215931MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Rooms
      • Room types: Kitchen, Laundry, Living Room
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Range, Refrigerator, Water Heater
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
      Features
      • Ceiling Fan(s), Recessed Lighting
      • Flooring: Tile, Vinyl
      • Windows: Blinds, Screens
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,947
      • Total interior livable area: 2,947 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned, Asphalt, Concrete, Covered, Driveway Level, Door-Single, Garage, Garage Faces Rear, On Street
      • Garage spaces: 4
      Accessibility
      • Accessibility features: See Remarks
      Features
      • Levels: One,Two
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Excellent Condition,Privacy,Stucco Wall,Wood,Wrought Iron
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 5,858 Square Feet
      • Features: Back Yard, Corner Lot, Drip Irrigation/Bubblers, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
      Details
      • Parcel number: 4236006006
      • Zoning: LAR4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Mixed Use
      Materials
      • Frame, Concrete, Stucco
      • Foundation: Slab
      • Roof: Composition,Flat,Tar/Gravel
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer, Sewer Tap Paid
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Venice

      Financial & listing details

      • Price per square foot: $847/sqft
      • Tax assessed value: $1,706,992
      • Annual tax amount: $21,265
      • Date on market: 9/26/2025
      • Cumulative days on market: 305 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
      • Total actual rent: 12200
      • Tenant pays: Electricity, Gas
      • Road surface type: Alley Paved, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,878/mo

        Price history

        DateEventPrice
        5/8/2026Price change$2,495,000-7.4%$847/sqft
        Source: CRMLS #CV25215931 Report a problem
        10/31/2025Price change$2,695,000-3.6%$914/sqft
        Source: CRMLS #CV25215931 Report a problem
        9/26/2025Listed for sale$2,795,000+1170.5%$948/sqft
        Source: CRMLS #CV25215931 Report a problem
        6/4/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/25/2021Listed for rent$3,295$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/25/2021Sold$220,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$21,265 +1.2%$1,706,992 +2%
        2024$21,015 +1.9%$1,673,523 +2%
        2023$20,620 +4.7%$1,640,710 +2%
        2022$19,687 +15.9%$1,608,540 +17.7%
        2021$16,980 -1%$1,367,054 +1%
        2020$17,154 $1,353,488 +2%
        2019$17,154 +4.7%$1,326,959 +2%
        2018$16,387 $1,300,950 +2%
        2017$16,387 +2.4%$1,275,000 +2%
        2016$15,998 +2.3%$1,250,000 +42.1%
        2015$15,641 +38.5%$879,452 +2%
        2014$11,289 $862,226 +136.3%
        2011-- $364,819 +2.5%
        2008-- $355,839 +2%
        2007-- $348,863 +2%
        2006-- $342,023 +4%
        2004-- $328,743 +1.9%
        2003-- $322,719 +2%
        2002-- $316,392 +4%
        2000-- $304,109
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Venice

        Getting around

        85 / 100
        Very Walkable
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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