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2924 Ocean Avenue

2924 Ocean Avenue, Venice, CA 90291
Sold May 10, 2022
$2,300,000
$1,725,000 by Midfirst Bank
Mortgage
Sold Apr 16, 2021
$1,575,000
$1,383,750 by Goldman Sachs Bank Usa
Mortgage
2924 Ocean Avenue in Venice, CA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1961. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2924 Ocean Avenue has 1,663 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 400 ft and the linear feet between the front and back of the lot is 930. In total, the area measurement of the land is 3,701 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of gravel/rock. 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 2924 Ocean Avenue was last sold in Apr 18, 2022 for $2,300,000. According to our calculations, that's $1,383.04 per sqft. Prior to that sales transaction, the property was sold for $1,575,000 in Mar 17, 2021. Current property owners are expected to pay $19,108 in taxes per year. The property on 2924 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,346,000. To break that down further, the land itself was valued at $1,876,800. While improvements to the property were assessed at a total of $469,200. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1946
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,701
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,663
  • Building Area: 1,663
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,663
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 6098
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6098 LOT/SEC 61

Ownership

  • Current Owner : CARLSON JAIME DORES
  • Previous Owner : PINTAR INVESTMENTS COMPANY RESIDENTIAL L
  • Owner Before Previous Owner: ZEPHYR RE HOLDINGS LLC
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-C4
  • Subdivision Tract Number: 6098
  • Parcel: 4228-015-021
  • Lot: 61
  • Municipality: WEST /VENICE NORTH
  • Latitude: 33.9833
  • Longitude: -118.461

    Address

  • Full Address: 2924 Ocean Ave
  • Address - House Number: 2924
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C029
  • 4-Digit Zip Code: 4664
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,108
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 2,554,730
  • High Value: 3,137,605
  • Low Value: 1,971,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,725,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: May 10, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,346,000
  • Assessed Land Value: $1,876,800
  • Assessed Improvements Value: $469,200

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Transaction ID: 11887224092
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 508094
  • Previous Sale Recording Date: Apr 16, 2021
  • Previous Sale Contract Date: Mar 17, 2021
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: May 10, 2022
  • First Mortgage Loan Amount: $1,725,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Apr 16, 2021
  • Previous Mortgage Loan Amount: $1,383,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 2924 Ocean Avenue located in?
The 2924 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 2924 Ocean Avenue?
The average sales price for units in 2924 Ocean Avenue is $1,500,000 , or $902/sqft. currently.

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