See Home Value
$4,687,216*
Condo - Off Market

2317 Oakwood Ave

Venice, CA 90291
bedrooms
18 Beds
bathrooms
24 Baths
square feet
14700 Sqft
$4,136,000 - $5,054,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model
Sold Apr 13, 2021
$2,050,000
$1,696,000 by Riverbend Funding Llc
Mortgage

About This Property

INCREDIBLE DEVELOPMENT OPPORTUNITY IN HEART OF LEAFY VENICE, JUST ONE BLOCK FROM ABBOTT KINNEY. Sale is for TWO NEIGHBORING LOTS - 2315 and 2317 Oakwood ave with plans for 8 UNITS. 4 X 4 BED TOWNHOUSES, 2 X 3 BED APARTMENTS AND 2 X 2 BED UNITS totaling c.14,700sf. Properties are located on Oakwood Ave - only a block from Abbott Kinney, so incredibly desirable location. Plans available upon request. Sales price is based on buyer taking over permit process from here and does NOT include RTI plans. Seller is not looking for a JV or a lender carry - only interested in full price exit to enable the seller to pursue SFR opportunities. If property is not sold before RTI's are received in Q1 2024 Seller will build out themselves. PLEASE RE-READ THE ABOVE BEFORE CALLING. PLEASE DO NOT GO DIRECT.

The manager has listed the unit size as 14700 square feet.
Unit Size
14,700Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$313
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1912

Price History

Date / Event Date Event Price
May 6, 2023 No longer available -
No longer available
Apr 23, 2023 Price Decreased $4,595,000
↓ $355K (7.2%)
Price Decreased
Apr 19, 2023 Price Decreased $4,950,000
↓ $550K (10%)
Price Decreased
Apr 2, 2023 Listed $5,500,000
Listed
Apr 13, 2021 Sold $2,050,000
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,225
  • Building Area: 2,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE GATEWAY
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE GATEWAY LOT 1 AND SE 10 FT OF LOT/SEC 2 BLK/DIV/TWN N

Ownership

  • Current Owner : 2317 OAKWOOD AVE LLC
  • Previous Owner : AVEDON JOSHUA H
  • Previous Owner 2: AVEDON STEPHANIE E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273800

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 49-D4
  • Parcel: 4237-005-001
  • Block: N
  • Lot: 1
  • Municipality: WEST /VENICE NORTH
  • Latitude: 33.9913
  • Longitude: -118.456

    Address

  • Full Address: 2317 Oakwood Ave
  • Address - House Number: 2317
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C024
  • 4-Digit Zip Code: 4905
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,707
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 2,663,415
  • High Value: 3,283,523
  • Low Value: 2,043,307

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,376,000
  • First Open Lien Mortgage Lender: RIVERBEND FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $1,696,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: FUNDLOANS CAPITAL
  • Second Open Lien Mortgage Recording Date: Jul 27, 2023
  • Second Open Lien Mortgage Loan Amount: $1,680,000
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,132,820
  • Assessed Land Value: $1,706,256
  • Assessed Improvements Value: $426,564

    Sales

  • Current Sale Contract Date: Dec 26, 2019
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11835386264
  • Current Sale Price: $2,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0576728

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGONE LLC
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $1,640,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
4,360 ft²
$1,192/ft²
$5,199,000 Mar 11, 2023
-
-
House
4 Beds
5 Baths
4,653 ft²
$935/ft²
$4,349,500 Jul 15, 2022
-
-
Commercial
Loft
-
4,637 ft²
$1,186/ft²
$5,500,000 Dec 21, 2022
-
-
House
3 Beds
3.5 Baths
3,148 ft²
$1,350/ft²
$4,250,000 Mar 10, 2023
-
-
House
4 Beds
2 Baths
2,608 ft²
$2,260/ft²
$5,895,000 Feb 23, 2023
-
-
House
4 Beds
3 Baths
2,522 ft²
$2,300/ft²
$5,800,000 Jan 3, 2023
-
-
House
2 Beds
2 Baths
1,440 ft²
$4,094/ft²
$5,895,000 Feb 23, 2023
-
-
Multifamily
9 Beds
-
-
$4,195,000 Dec 21, 2022
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 2317 Oakwood Avenue built and last sold?
The property at 2317 Oakwood Avenue was built in 1912 and last sold on Dec 26, 2019 for $2,050,000.
How much is this home worth?
The estimated value of the home located at 2317 Oakwood Avenue is $4,640,950.
What are some comparable homes to 2317 Oakwood Avenue?
There are currently no comparable homes to 2317 Oakwood Avenue.

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