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2603 Beach Avenue

2603 Beach Avenue, Venice, CA 90291
Sold Dec 02, 2020
$2,450,000
$1,960,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2050
Sold Apr 17, 2015
$2,100,000
$1,260,000 by Lone Oak Fund Llc
Mortgage
Nearby Listings
The property has no active listings. Please see other similar options below.
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Unit for sale at 1702 Abbot Kinney Blvd, Venice, CA 90291

$2,400,000

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1702 Abbot Kinney Blvd, Venice, CA 90291 Listing by Ron Wolotzky

2603 Beach Avenue has been categorized by the local assessors in Venice, CA as a residential type of property. The building on the property was first built in 1921 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 1968. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2603 Beach Avenue has 2,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 490 ft. The area measurement of the land has been determined as 4,369 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of roll composition. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2603 Beach Avenue sold most recently in Nov 10, 2020 for a total of $2,450,000. If you work out the math, that's approximately a cost of $1,189.32 per sqft. Before that, the property was also sold for $2,100,000 in Feb 20, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $29,440 in taxes each year. 2603 Beach Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,548,979. If we break it down further, the land itself was valued at $1,795,522. Improvements to the property, however, were assessed at a total of $753,457. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • 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: 4,369
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3533
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 3533 LOT/SEC 118

Ownership

  • Current Owner : METIVIER JEROME B
  • Current Owner 2: METIVIER JULIE I
  • Previous Owner : BARATIN ARNAUD
  • Owner Before Previous Owner: BAIRD SARA ANN
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-C4
  • Subdivision Tract Number: 3533
  • Parcel: 4228-014-011
  • Lot: 118
  • Municipality: WEST /VENICE NORTH
  • Latitude: 33.9851
  • Longitude: -118.463

    Address

  • Full Address: 2603 Beach Ave
  • Address - House Number: 2603
  • Address - Street Name: Beach
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C009
  • 4-Digit Zip Code: 4604
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,440
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 2,885,546
  • High Value: 3,554,311
  • Low Value: 2,216,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,960,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $1,960,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,548,979
  • Assessed Land Value: $1,795,522
  • Assessed Improvements Value: $753,457

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11803499721
  • Current Sale Price: $2,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1560358
  • Previous Sale Recording Date: Apr 17, 2015
  • Previous Sale Contract Date: Feb 20, 2015
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $1,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LONE OAK FUND LLC
  • Previous Mortgage Transaction Date: Apr 17, 2015
  • Previous Mortgage Loan Amount: $1,260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 2603 Beach Avenue located in?
The 2603 Beach 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 2603 Beach Avenue?
The average sales price for units in 2603 Beach Avenue is $0 currently.

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