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1500 Louella Ave, Venice, CA 90291

Sale Price: $1,625,000
Jan 18, 20251,050 sqft3 beds2 baths
Listed by: Andrew Ryan
License #: 00855781
Phone #: 949-735-1180
Andrew William Ryan
Source:
CRMLS Logo
MLS #: TR24234472

Property Description

Rare Opportunity in Prime Venice Location! This 5,963 sq ft corner lot offers a unique chance for developers and visionaries to create from a blank canvas, something exceptional! With street access on two sides, the lot provides incredible flexibility to innovate, design and construct something "one of a kind". The existing structure is a complete tear-down, sold as-is with no warranties or representations regarding its condition or habitability. Located in one of Venice's most desirable neighborhoods, this property is perfect for those looking to build their dream home or an investment project in a sought-after area. Don’t miss this increasingly rare opportunity to make your mark in this vibrant and iconic community!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,765

TurboHome Estimated Value

$1,520,500

$1,448 sqft

High Valuation
$1,596,525
$1521/sqft
Normal Valuation
$1,520,500
$1448/sqft
Low Valuation
$1,444,475
$1376/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1448/sqft$1,520,500

Neighborhood: Venice

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Comparative Value

$1.59M

$1.62M

$1.70M

$1.90M

$2.05M

1500 Louella Ave, Venice, CA 90291

List Price: $1,590,000

Subject Property

2306 Glencoe Ave, Venice, CA 90291

Sale Price: $1,620,000

Selected Comparable

1500 Louella Ave, Venice, CA 90291

Sale Price: $1,625,000

Selected Comparable

2040 Glencoe Ave, Venice, CA 90291

Sale Price: $1,700,000

Selected Comparable

929 Lake St, Venice, CA 90291

Sale Price: $1,900,000

Selected Comparable

1059 Marco Pl, Venice, CA 90291

Sale Price: $2,050,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1500 Louella Ave, Venice, CA 90291

1500 Louella Ave, Venice, CA 90291

List: $1,590,000

Listed: 1/18/2025

Area:1,050 sqft
Price/sqft:$1,514
Beds:3
Baths:2
Year Built:
Lot Size:5,963

Comparable Properties

COMPARABLE
Choose comps
1500 Louella Ave, Venice, CA 90291

1500 Louella Ave, Venice, CA 90291

Sale: $1,625,000

3/3/20250.00 mi

Area:1,050 sqft
Price/sqft:$1,548
Beds:3
Baths:2
Year Built:
Weight:23.5%
2040 Glencoe Ave, Venice, CA 90291

2040 Glencoe Ave, Venice, CA 90291

Sale: $1,700,000

7/29/20250.47 mi

Area:1,261 sqft
Price/sqft:$1,348
Beds:3
Baths:2
Year Built:
Weight:20.9%
2306 Glencoe Ave, Venice, CA 90291

2306 Glencoe Ave, Venice, CA 90291

Sale: $1,620,000

8/21/20240.70 mi

Area:1,125 sqft
Price/sqft:$1,440
Beds:3
Baths:2
Year Built:
Weight:19.6%
929 Lake St, Venice, CA 90291

929 Lake St, Venice, CA 90291

Sale: $1,900,000

6/26/20250.56 mi

Area:1,500 sqft
Price/sqft:$1,267
Beds:3
Baths:2
Year Built:
Weight:18.1%
1059 Marco Pl, Venice, CA 90291

1059 Marco Pl, Venice, CA 90291

Sale: $2,050,000

3/11/20250.57 mi

Area:1,175 sqft
Price/sqft:$1,745
Beds:3
Baths:3
Year Built:
Weight:17.8%

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