NOT LISTED FOR SALE

2407 Ocean Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,263,940 - $1,426,000

2 Beds
2 Baths
888 Sq Ft
$1,499/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,300,000 $1,464 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,559/month

8 Days on Market

Highlights

  • Property is near a canal
  • Bathtub with Shower
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Living Room
  • 3-minute walk to Linnie Canal Park

About This Home

As of June 2024

Location, Location, Location! Welcome to 2407-2409 Ocean Ave, a charming duplex located just steps away from the famous Venice Canals. This property consists of two identical units each 1 bedroom, 1 bathroom. This property is ideal for investors looking to add to their rental portfolio or for developers seeking to build from the ground up. Conveniently located near all major Venice attractions including Abbot Kinney, Venice Beach, and the Venice Canals. Don't miss out on this rare opportunity to be just steps away from the water.

Last Agent to Sell the Property

Dillon Floyd

eXp Realty of Greater Los Angeles License #02092227 Listed on: 05/15/2024

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Colleen Buerge

Pardee Properties License #01875348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1957

Lot Details

  • 2,701 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Front Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Property is near a canal

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4227-013-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 888
  • Lot Acreage: 0.0620
  • Probate: No
  • Year Built: 1957
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Oven, Cooktop - Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 1492.12

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.19
  • Assessed Improvement Value: 82957
  • Assessed Land Percent: 71.81
  • Assessed Land Value: 211322
  • Total Assessed Value: 294279
  • Assessor Parcel Number: 4227-013-021
  • Lot Description: Front Yard, Fenced
  • Lot Location: Alley Access, Canal
  • Lot Size Area: 2701

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 11, 2024
Sold by
Hagadorn James W
Bought by
Means Jacqueline Kim
Seller's Agent
Dillon Floyd
eXp Realty of Greater Los Angeles
Buyer's Agent
Colleen Buerge
Pardee Properties
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%
Total Days on Market
8
Views
1
Current Estimated Value
$1,330,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,735
Avg. Annual Appreciation
0.90%
Original Mortgage
$910,000
Outstanding Balance
$901,539
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$412,219

Purchase Details

Closed on
Mar 1, 2001
Sold by
Hagadorn James W and Fischer Deborah E
Bought by
Hagadorn James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,200
Interest Rate
7.12%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Fischer Deborah E
Bought by
Hagadorn James W and Fischer Deborah E

Purchase Details

Closed on
Apr 15, 1997
Sold by
Baker Joseph A and Baker Mildred
Bought by
Fischer Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Means Jacqueline Kim $1,300,000 Equity Title - Los Angeles
Hagadorn James W -- Fidelity Title
Hagadorn James W -- --
Fischer Deborah E $188,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Means Jacqueline Kim $910,000
Previous Owner Hagadorn James W $494,000
Previous Owner Hagadorn James W $264,700
Previous Owner Hagadorn James W $249,200
Previous Owner Fischer Deborah E $135,000
Previous Owner Fischer Deborah E $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $1,300,000 -1.9% $1,464 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,325,000 -- $1,492 / 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
2025 $3,692 $1,326,000 $1,224,000 $102,000
2024 $3,692 $300,164 $215,548 $84,616
2023 $3,624 $294,279 $211,322 $82,957
2022 $3,459 $288,510 $207,179 $81,331
2021 $3,411 $282,854 $203,117 $79,737
2019 $3,308 $274,467 $197,094 $77,373
2018 $3,277 $269,086 $193,230 $75,856
2016 $3,129 $258,639 $185,728 $72,911
2015 $3,083 $254,755 $182,939 $71,816
2014 $3,105 $249,766 $179,356 $70,410
Source: Public Records

Agents Affiliated with this Home

  • Dillon Floyd

    Seller's Agent in 2024

    Dillon Floyd

    eXp Realty of Greater Los Angeles

    (323) 854-6990

    1 in this area

    17 Total Sales

    Dillon Floyd
    Section Image

  • C

    Buyer's Agent in 2024

    Colleen Buerge

    Pardee Properties

    (310) 230-3700

    3 in this area

    20 Total Sales

    Colleen Buerge
    Section Image
  • Tamra Pardee

    Buyer Co-Listing Agent in 2024

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    262 in this area

    942 Total Sales

    Tamra Pardee
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-392271

The MLS

APN: 4227-013-021

California Los Angeles County Venice 90291 Venice

2407 Ocean Ave, Venice, CA

This home is located at 2407 Ocean Ave, Venice, CA 90291 since 15 May 2024 and is currently estimated at $1,330,735, approximately $1,498 per square foot. This property was built in 1957. 2407 Ocean Ave is a home located in Los Angeles County with nearby schools including Coeur D'Alene Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes