NOT LISTED FOR SALE

2403 Ocean Front Walk Venice, CA 90291

Venice Neighborhood

Estimated Value: $5,097,000 - $6,424,000

3 Beds
4 Baths
3,408 Sq Ft
$1,636/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $4,979,995 $1,461 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $36,052/month

119 Days on Market

Highlights

  • Ocean Front
  • Gourmet Kitchen
  • Living Room with Fireplace
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Craftsman Architecture
  • Double Shower

About This Home

As of April 2023

Only moments to the sand, this sun-filled beach abode offers a rare opportunity to own front row, unobstructed ocean views from one of Los Angeles' most iconic neighborhoods. Showcasing over 3,400 square feet of impeccable design and finishes, this 3-bedroom, 4-bathroom masterpiece has it all. The main level is perfect for entertaining, including a "beach-formal" living room, dining space, and stunning gourmet kitchen with bespoke white cabinetry, all with breathtaking panoramic ocean views. The richly detailed and private primary suite has a spacious lounge area and a spa-like bathroom with rainfall shower-head and walk-in closet. Ascend the meticulously curved staircase to the upper level featuring a family room with built-ins, bonus game area, and private vista terrace with fireplace overlooking the beach. The lower level includes a spacious beach-access guest suite with en-suite bathroom and patio. Not to be overlooked, the property has a private 4-car attached garage, ensuring ample parking in one of LA's most bustling communities. This is Venice ocean front living at its best!

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 10/21/2022

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Heather Altman

Douglas Elliman of California, Inc. License #01833121

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,433

Year Built

  • Built in 2003

Lot Details

  • 2,519 Sq Ft Lot
  • Ocean Front
  • Property is zoned LARD1.5

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Craftsman Architecture
  • Split Level Home

Interior Spaces

  • 3,408 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Car Garage
  • Private Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4226-017-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,433

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3408
  • Lot Acreage: 0.0578
  • Stories: 3
  • Year Built: 2003
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Living Room Deck Attached, Recessed Lighting
  • Fireplace Rooms: Patio, Living Room
  • Flooring: Tile, Mixed, Wood
  • Appliances: Microwave, Built-Ins, Oven, Range Hood, Range, Gas
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Retreat, Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub, Double Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area, Family Kitchen, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Counter Top, Open to Family Room, Island
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Freezer, Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Built-Ins
  • Price Per S Q F T: 1759.10

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Patio: Deck(s), Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: Water, Ocean, White Water, Coastline, Panoramic
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Garage, Private, Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4226-017-027
  • Lot Location: Ocean Front
  • Lot Size Area: 2519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 6, 2023
Sold by
Roger N Farah 2013 Family Trust
Bought by
Ratiner Family 2005 Revocable Living Trust
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Heather Altman
Douglas Elliman of California, Inc.
List Price
$6,695,000
Sold Price
$4,979,995
Premium/Discount to List
-$1,715,005
-25.62%
Total Days on Market
119
Views
387
Current Estimated Value
$5,574,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,063
Avg. Annual Appreciation
5.87%
Original Mortgage
$2,500,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 27, 2014
Sold by
Bieber Marcia Mcgee
Bought by
Farah Roger
Seller's Agent
Jennifer Hughes
Compass
Buyer's Agent
Dana Wright
Matilla Realty Inc
List Price
$4,395,000
Sold Price
$4,505,000
Premium/Discount to List
$110,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
May 12, 2010
Sold by
Bieber Darcy L
Bought by
Bieber Darcy and Maki Todd

Purchase Details

Closed on
Jan 31, 2000
Sold by
Bieber Marcia M
Bought by
Bieber Marcia Mcgee and Bieber Darcy L

Purchase Details

Closed on
Dec 17, 1998
Sold by
Bieber Charles
Bought by
Bieber Marcia Mcgee

Purchase Details

Closed on
Dec 8, 1998
Sold by
Schulman Trust and Elizabeth
Bought by
Bieber Marcia Mcgee

Purchase Details

Closed on
Feb 3, 1998
Sold by
Schulman Joseph Co Tr
Bought by
Schulman Elizabeth and Schulman Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ratiner Family 2005 Revocable Living Trust $4,980,000 Equity Title Company
Farah Roger $4,505,000 Lawyers Title
Bieber Darcy -- None Available
Bieber Marcia Mcgee $240,000 American Coast Title
Bieber Marcia Mcgee $218,181 American Coast Title
Bieber Marcia Mcgee -- Equity Title
Bieber Marcia Mcgee $1,500,000 Equity Title Company
Schulman Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratiner Family 2005 Revocable Living Trust $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $4,979,995 -16.9% $1,461 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
12/01/2022 12/01/22 Price Changed $5,995,000 -10.5% $1,759 / Sq Ft
10/21/2022 10/21/22 For Sale $6,695,000 +48.6% $1,964 / Sq Ft
02/26/2014 02/26/14 Sold $4,505,000 +2.5% $1,322 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $4,395,000 -- $1,290 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $61,433 $5,079,600 $4,063,680 $1,015,920
2023 $64,162 $5,308,060 $4,477,390 $830,670
2022 $61,147 $5,203,982 $4,389,599 $814,383
2021 $60,424 $5,101,944 $4,303,529 $798,415
2019 $58,595 $4,950,620 $4,175,885 $774,735
2018 $58,453 $4,853,550 $4,094,005 $759,545
2017 $57,171 $4,758,383 $4,013,731 $744,652
2016 $55,952 $4,665,082 $3,935,031 $730,051
2015 $55,123 $4,595,009 $3,875,924 $719,085
2014 $16,822 $1,357,591 $630,031 $727,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-210473

The MLS

APN: 4226-017-027