NOT LISTED FOR SALE

2478 Louella Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,605,000 - $2,473,840

4 Beds
2 Baths
1,696 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $1,600,000 $943 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $12,858/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • No HOA
  • Venice High School Rated A
  • Great Room
  • 1-Story Property

About This Home

As of May 2024

Attention developers and end-users who want to build their dream home! This property comes with a full set of architectural and structural plans along with RTI (Ready To Issue) LA City permits. All of the hard work getting through LADBS and the LA Housing Department has been completed, so there will be no headaches for the developer. Start building the day you close escrow! The full set of City-approved plans are for a 5 Bed 5.5 Bath, 3,585 square-foot contemporary home which includes a rear attached ADU. Comps in the area are in the range of $1000-$1200 per square foot for new construction and major remodels. There is currently a 3Br / 1Ba house in the front, 1Br / 1Ba house in the back, with garage in between. Situated in one of the most desirable pockets of Venice within close proximity to shops, restaurants, studios, schools, parks, Santa Monica, and Marina del Rey.

Last Agent to Sell the Property

Ron Anavim

Real Broker License #02002682 Listed on: 03/21/2024

Real Broker

Co-Listed By

James Suarez

Real Broker License #01433992

Last Buyer's Agent

Ron Anavim

Real Broker License #02002682 Listed on: 03/21/2024

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,682

Year Built

  • Built in 1922

Lot Details

  • 5,198 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1-Story Property
  • Great Room
  • Wood Flooring

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4236-008-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,682

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 0.1193
  • Lot Dimensions: 40x130
  • Property Condition: Tear Down
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4236-008-031
  • Lot Size Area: 5198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 17, 2024
Sold by
Rpg Westchester Holdings Llc
Bought by
Genoa Arcadia Llc
Seller's Agent
Ron Anavim
Real Broker
Buyer's Agent
Ron Anavim
Real Broker
List Price
$1,598,000
Sold Price
$1,600,000
Premium/Discount to List
$2,000
0.13%
Views
52
Current Estimated Value
$1,921,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,710
Avg. Annual Appreciation
16.80%
Original Mortgage
$2,325,000
Outstanding Balance
$537,537
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$1,384,173

Purchase Details

Closed on
Nov 8, 2023
Sold by
Hisaoka Carolyn T
Bought by
Rpg Westchester Holdings Llc

Purchase Details

Closed on
Oct 5, 2022
Sold by
Jacquelin Y Hamilton Revocable Trust
Bought by
Hisaoka Carolyn T

Purchase Details

Closed on
May 16, 2017
Sold by
Hamilton Jacquelin Yvonne
Bought by
Hamilton Jacquelin Y and The Jacquelin Y Hamilton Revoc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Genoa Arcadia Llc $1,600,000 Progressive Title Company
Rpg Westchester Holdings Llc $1,312,500 Progressive Title Company
Hisaoka Carolyn T -- --
Hamilton Jacquelin Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genoa Arcadia Llc $2,325,000
Previous Owner Hamilton Jacquelin Yvonne $100,000
Previous Owner Hamilton Jacquelin Yvonne $87,000
Previous Owner Hamilton Jacquelin Y $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $1,600,000 +21.9% $943 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/21/2024 03/21/24 Sold $1,312,500 -17.9% $774 / Sq Ft
03/21/2024 03/21/24 For Sale $1,598,000 +23.0% $942 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $1,299,000 -- $766 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,682 $1,632,000 $1,611,600 $20,400
2024 $26,682 $2,205,648 $1,560,600 $645,048
2023 $26,161 $2,162,400 $1,530,000 $632,400
2022 $1,130 $77,573 $46,644 $30,929
2021 $1,103 $76,053 $45,730 $30,323
2020 $1,109 $75,275 $45,262 $30,013
2019 $1,074 $73,800 $44,375 $29,425
2018 $1,005 $72,354 $43,505 $28,849
2016 $944 $69,546 $41,816 $27,730
2015 $932 $68,502 $41,188 $27,314
2014 $950 $67,161 $40,382 $26,779
Source: Public Records

Agents Affiliated with this Home

  • Ron Anavim

    Seller's Agent in 2024

    Ron Anavim

    Real Broker

    (310) 877-4407

    6 in this area

    83 Total Sales

    Section Image
  • Kris Mooney

    Seller's Agent in 2024

    Kris Mooney

    Nourmand & Associates-BH

    (310) 714-8401

    1 in this area

    34 Total Sales

    Section Image
  • James Suarez

    Seller Co-Listing Agent in 2024

    James Suarez

    Real Broker

    (310) 902-1004

    10 in this area

    409 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Debra Ziven

    Nourmand & Associates-BH

    (424) 202-3200

    1 in this area

    31 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-370261

The MLS

APN: 4236-008-031

California Los Angeles County Venice 90291 Venice

2478 Louella Ave, Venice, CA

This home is located at 2478 Louella Ave, Venice, CA 90291 since 21 March 2024 and is currently estimated at $1,921,710, approximately $1,133 per square foot. This property was built in 1922. 2478 Louella Ave is a home located in Los Angeles County with nearby schools including Beethoven Street Elementary School, Mark Twain Middle School, and Venice High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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