See Home Value
$3,743,452*
House - Off Market

25 18TH Avenue

Venice, CA 90291
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2455 Sqft
$2,291,000 - $2,799,000
Reference Base Price*
47.09%
Since May 1, 2019
CA-Los Angeles
Primary Model
Sold Dec 21, 2015
$2,050,000
$1,640,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2046
Sold Oct 30, 1998
$565,000
$452,000 by Surety Financial Services
Mortgage Due Nov 01, 2028

About This Property

Incredible opportunity for investment property and/or single-family residence in the heart of Venice just a stone's throw away from the beach, boardwalk, Abbott Kinney and more! A true Venice gem, this home features a lower level in-law suite with separate entrance & kitchenette for guests or additional income. Spacious & open living w/fireplace, vaulted ceilings & tranquil balcony for enjoying coffee or reading a book. Bright kitchen w/extensive cabinetry, ss appliances, breakfast bar & flows to the dining area. Unwind in the serene master suite w/marble fireplace, dual sink vanity, glass shower & soaker tub. Features include a lower level sunroom for an artist's studio, children's playroom or additional living, loft w/direct access to rooftop deck, 2-car garage, gated entry & more. Entertain on the deck w/ample space for dining or lounging al fresco while relishing ocean views. This beach abode is truly one to behold!

The manager has listed the unit size as 2455 square feet.
Unit Size
2,455Ft²
Days on Market
-
Land Size
2,641.00 acres
Price per sqft
$1,037
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986

Price History

Date / Event Date Event Price
Apr 19, 2019 No longer available -
No longer available
Feb 21, 2019 Price Decreased $2,545,000
↓ $50K (1.9%)
Price Decreased
Jan 27, 2019 No longer available -
No longer available
Jan 24, 2019 Listed $2,595,000
Listed
Nov 28, 2018 Price Decreased $2,595,000
↓ $30K (1.1%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,641
  • Total Building Area: 2,055
  • Building Area: 2,055
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,055
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHORELINE BEACH SUB #1
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHORT LINE BEACH SUB # 1 LOT/SEC 16 BLK/DIV/TWN 1

Ownership

  • Current Owner : LEVINE RUSSELL P
  • Previous Owner : SALISBURY MICHAEL D
  • Owner Before Previous Owner: RUMELT ELIZABETH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273502

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-C4
  • Parcel: 4226-010-009
  • Block: 1
  • Lot: 16
  • Municipality: WEST /VENICE SOUTH
  • Latitude: 33.9864
  • Longitude: -118.472

    Address

  • Full Address: 25 18th Ave
  • Address - House Number: 25
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C038
  • 4-Digit Zip Code: 4112
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,962
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,593,847
  • High Value: 3,182,146
  • Low Value: 2,005,548

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,820,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 21, 2015
  • First Open Lien Mortgage Loan Amount: $1,640,000
  • 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: Jan 01, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 11, 2017
  • Second Open Lien Mortgage Loan Amount: $180,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Oct 28, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,423,603
  • Assessed Land Value: $1,973,218
  • Assessed Improvements Value: $450,385

    Sales

  • Current Sale Contract Date: Nov 12, 2015
  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Transaction ID: 1381911062
  • Current Sale Price: $2,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-1603107
  • Previous Sale Recording Date: Oct 30, 1998
  • Previous Sale Contract Date: Oct 14, 1998
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 21, 2015
  • First Mortgage Loan Amount: $1,640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SURETY FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 30, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $452,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,927 ft²
$1,505/ft²
$2,900,000 Apr 17, 2024
-
-
House
3 Beds
2 Baths
1,134 ft²
$2,138/ft²
$2,425,000 Oct 5, 2023
-
-
Townhouse
3 Beds
4 Baths
2,450 ft²
$918/ft²
$2,250,000 Apr 3, 2024
-
-
Condo
3 Beds
2.5 Baths
2,916 ft²
$821/ft²
$2,395,000 Dec 13, 2023
-
-
Condo
4 Beds
3.5 Baths
3,218 ft²
$775/ft²
$2,495,000 Dec 13, 2023
-
-
Multifamily
2 Beds
2.5 Baths
1,755 ft²
$1,248/ft²
$2,190,000 Dec 13, 2023
-
-
Condo
3 Beds
2.5 Baths
-
$2,200,000 Feb 7, 2024
-
$743/mo
House
1 Bed
1 Bath
1,152 ft²
$1,953/ft²
$2,250,000 Feb 23, 2024
-
-
Other
Loft
-
2,242 ft²
$1,024/ft²
$2,295,000 Apr 10, 2024
-
-
Other
Loft
-
2,673 ft²
$1,104/ft²
$2,950,000 Apr 11, 2024
-
-
Other
Loft
-
2,768 ft²
$939/ft²
$2,600,000 Jul 3, 2023
-
-
Condo
2 Beds
2 Baths
950 ft²
$2,263/ft²
$2,150,000 Feb 16, 2024
-
$615/mo

About West Los Angeles


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Frequently Asked Questions

When was property at 25 18th Avenue built and last sold?
The property at 25 18th Avenue was built in 1986 and last sold on Nov 12, 2015 for $2,050,000.
How much is this home worth?
The estimated value of the home located at 25 18th Avenue is $2,573,661.
What are some comparable homes to 25 18th Avenue?
There are currently no comparable homes to 25 18th Avenue.

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