1531 Louella Avenue
Venice, CA, 90291
$4,200,000
MLS: 26661043
Beds
3
Baths
4
Sq Ft
3,209
Lot
0.14 ac
Year Built
2018
MLS #
26661043
Days on Market
8
Listed
Apr 2, 2026
Description
A refined expression of contemporary California architecture, this striking Venice residence has been thoughtfully enhanced and remodeled since its 2018 construction, elevating both its design integrity and livability. The sculptural facade opens to interiors defined by volume, light, and seamless spatial flow. Floor-to-ceiling Fleetwood pocket doors dissolve the boundary between indoors and out, allowing natural light to animate the home throughout the day. The open living and dining spaces unfold around a chef's kitchen appointed with premium Miele appliances, custom Italian cabinetry, and carefully curated materials that balance warmth with modern precision. The living space is punctuated by a wall of custom Porro bookshelves, with a rolling library ladder, offering a streamlined aesthetic and bespoke functionality for book enthusiasts and art collectors alike. Upstairs, three bedroom suites offer privacy and comfort, including a dramatic primary retreat that opens to a private terrace. The Roman clay finished fireplace, generous walk-in closet, and spa-inspired bath complete the suite, creating a true sanctuary within the home. Outdoor living is equally compelling. The backyard features a striking 54-foot saltwater lap pool and spa framed by lounge areas designed for both quiet afternoons and vibrant entertaining. An outdoor kitchen and dining pavilion extend the living experience into the landscape, creating an effortless rhythm between architecture and environment. Above it all, a rooftop deck captures sunset skies and ocean breezes, offering an elevated setting for evening gatherings. Gated and private with a two-car garage and additional off-street parking, the home is ideally located just moments from Abbot Kinney's renowned dining and boutiques, the beach, and neighborhood amenities including Penmar Park and golf course.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Billy Rose · The Agency
Payment estimate
$29,475
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $420,000 · Loan: $3,780,000
- Principal & Interest
- $23,225
- Property tax (1.25%)
- $4,375
- Homeowners insurance
- $300
- Mortgage insurance
- $1,575
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $147,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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