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2512 Ocean Avenue

2512 Ocean Avenue, Venice, CA 90291
Sold Nov 02, 2018
$1,255,000
$955,000 by Onewest Bank Fsb
Mortgage Due Jan 01, 2052
Sold May 14, 2013
$1,000,000
Buyer
Seller
2512 Ocean Avenue in Venice, CA was first built in 1922 and is 102 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 conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2512 Ocean Avenue has 765 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. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 2,702 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of composition shingle. Water for the property is sourced from a municipal system. There is one available parking space. 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2512 Ocean Avenue was last sold in Oct 19, 2018 for $1,255,000. According to our calculations, that's $1,640.52 per sqft. Prior to that sales transaction, the property was sold for $1,000,000 in Apr 12, 2013. Current property owners are expected to pay $15,540 in taxes per year. The property on 2512 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,345,610. To break that down further, the land itself was valued at $1,076,489. While improvements to the property were assessed at a total of $269,121. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 2,702
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 765
  • Building Area: 765
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 765
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 3533
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3533 LOT/SEC 110

Ownership

  • Current Owner : ZUKAUSKAS POVILAS K
  • Current Owner 2: ZUKAUSKAS SIMONA G
  • Previous Owner : MASCOLA JACK
  • Owner Before Previous Owner: DAVIS JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: 4228-014-003
  • Lot: 110
  • Municipality: WEST /VENICE NORTH
  • Latitude: 33.9849
  • Longitude: -118.463

    Address

  • Full Address: 2512 Ocean Ave
  • Address - House Number: 2512
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 4633
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,540
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2296
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,550,662
  • High Value: 1,906,807
  • Low Value: 1,194,516

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,349,000
  • First Open Lien Mortgage Lender: ONEWEST BANK FSB
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $955,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Oct 03, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $394,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 25, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,345,610
  • Assessed Land Value: $1,076,489
  • Assessed Improvements Value: $269,121

    Sales

  • Current Sale Contract Date: Oct 19, 2018
  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Transaction ID: 11528145159
  • Current Sale Price: $1,255,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1113813
  • Previous Sale Recording Date: May 14, 2013
  • Previous Sale Contract Date: Apr 12, 2013
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIFORNIA LITHUANIAN CU
  • First Mortgage Transaction Date: Nov 02, 2018
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 2512 Ocean Avenue located in?
The 2512 Ocean Avenue is a house located in the neighborhood of Silver Triangle in West Los Angeles, Venice.
What is the average sales price for listings in 2512 Ocean Avenue?
The average sales price for units in 2512 Ocean Avenue is $0 currently.

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