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2415 Ocean Avenue

2415 Ocean Avenue, Venice, CA 90291
Property in Silver Triangle
Sold Nov 06, 2018
$1,790,000
$2,275,000 by First Foundation Bank
Mortgage Due Jul 01, 2052
2415 Ocean Avenue in Venice, CA was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 2415 Ocean Avenue has 2,844 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,700 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2415 Ocean Avenue was last sold in Oct 17, 2018 for $1,790,000. According to our calculations, that's $629.40 per sqft. Current property owners are expected to pay $22,293 in taxes per year. The property on 2415 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,919,240. To break that down further, the land itself was valued at $1,597,580. While improvements to the property were assessed at a total of $321,660. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Total Building Area: 2,844
  • Gross Building Area: 2,844
  • Building Area: 2,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3533
  • Land Acres: 0.062
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: TRACT # 3533 LOT/SEC 62

Ownership

  • Current Owner : OCEAN AVENUE APARTMENTS LLC
  • Previous Owner : SUSSMAN JOEL A
  • Previous Owner 2: COPELAND YOLANDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273902

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C4
  • Subdivision Tract Number: 3533
  • Parcel: 4227-013-019
  • Lot: 62
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9853
  • Longitude: -118.464

    Address

  • Full Address: 2415 Ocean Ave
  • Address - House Number: 2415
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 6606
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,293
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,917,044
  • High Value: 3,568,706
  • Low Value: 2,265,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,275,000
  • First Open Lien Mortgage Lender: FIRST FOUNDATION BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,919,240
  • Assessed Land Value: $1,597,580
  • Assessed Improvements Value: $321,660

    Sales

  • Current Sale Contract Date: Oct 17, 2018
  • Current Sale Recording Date: Nov 06, 2018
  • Current Sale Transaction ID: 11528637290
  • Current Sale Price: $1,790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1123352

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF SOUTHERN CALIFORNIA NA
  • First Mortgage Transaction Date: Nov 06, 2018
  • First Mortgage Loan Amount: $1,195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 2415 Ocean Avenue located in?
The 2415 Ocean Avenue is a other located in the neighborhood of Silver Triangle in West Los Angeles, Venice.
What is the average sales price for listings in 2415 Ocean Avenue?
The average sales price for units in 2415 Ocean Avenue is $0 currently.

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