NOT LISTED FOR SALE

2818 Ocean Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,756,000 - $2,312,000

2 Beds
1.5 Baths
943 Sq Ft
$2,097/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $1,950,000 $2,068 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,376/month

9 Days on Market

Highlights

  • No HOA
  • Views
  • 1-Story Property
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Laundry Room

About This Home

As of March 2022

Meticulous interior design from local firm Whlf Studio of this stunning California bungalow in prime Venice! Ultra private and warm residence offers 2 bedrooms with a true master bath and tucked away designer powder room, along with a 320sqft detached garage that is being used as an additional family/living/gym space, which would make for a great ADU (not included in square footage). Private driveway fits 2 cars comfortably. Hard to beat this location, 1 min walk to Venice canals, 5 min walk to beach, 9 min walk to Abbot Kinney. Lets talk finishes... Original and refinished redwood floors, custom plaster faux fireplace, custom kitchen by Swiss Woodworking, brand new Café appliances (fridge, range), custom plaster range hood, just to name a few! Come experience what quality living in Venice has to offer... welcome to 2818 Ocean Ave!

Last Agent to Sell the Property

Casey Markovic

Compass License #01955343 Listed on: 02/16/2022

Compass

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 3,700 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 943 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 6098
  • Assessor Parcel Number 4228015035
  • $188 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4228015035
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 943.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2067.87
  • Room Type: All Bedrooms Down, Master Bathroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3700.00
  • Lot Size Acres: 0.0849

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2739.02
  • Tax Lot: 75
  • Tax Tract Number: 6098
  • TaxOtherAnnualAssessmentAmount: 188.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
Wohlgemuth Jeffrey and Wohlgemuth Candida
Bought by
Wohlgemuth Jeffrey and Wohlgemuth Candida
Current Estimated Value
$1,977,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Outstanding Balance
$863,934
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,113,816

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 31, 2017
Sold by
Eliezer Ken
Bought by
Wohlgemuth Jeffrey and Wohlgemuth Candida
Seller's Agent
Philip Gilboy
The Real Estate Consultants
Buyer's Agent
Gabriela Araujo
TruLine Realty
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,040,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 30, 2017
Sold by
Bumpus Michael Leroy
Bought by
Bumpus Helen Marie
Seller's Agent
Philip Gilboy
The Real Estate Consultants
Buyer's Agent
Gabriela Araujo
TruLine Realty
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2009
Sold by
Wayland James W
Bought by
Eliezer Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Wohlgemuth Jeffrey -- Consumers Title Co Of Ca Inc
Wohlgemuth Jeffrey $1,300,000 Priority Title
Bumpus Helen Marie -- Priority Title
Eliezer Ken $740,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wohlgemuth Jeffrey $995,000
Closed Wohlgemuth Jeffrey $1,040,000
Previous Owner Eliezer Ken $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $1,950,000 +5.5% $2,068 / Sq Ft
02/16/2022 02/16/22 For Sale $1,849,000 +42.2% $1,961 / Sq Ft
06/05/2017 06/05/17 Sold $1,300,000 -1.9% $1,379 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $1,325,000 -- $1,405 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,534 $2,069,355 $1,655,484 $413,871
2024 $24,534 $2,028,780 $1,623,024 $405,756
2023 $24,055 $1,989,000 $1,591,200 $397,800
2022 $16,769 $1,421,737 $1,137,390 $284,347
2021 $16,569 $1,393,861 $1,115,089 $278,772
2019 $16,069 $1,352,520 $1,082,016 $270,504
2018 $16,016 $1,326,000 $1,060,800 $265,200
2016 $9,736 $804,984 $643,989 $160,995
2015 $9,594 $792,893 $634,316 $158,577
2014 $9,628 $777,362 $621,891 $155,471
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Casey Markovic

    Compass

    Section Image
  • Tamra Pardee

    Buyer's Agent in 2022

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    231 in this area

    853 Total Sales

    Tamra Pardee
    Section Image
  • Meredith Gruszka

    Buyer's Agent in 2022

    Meredith Gruszka

    Pardee Properties

    (310) 968-4557

    13 in this area

    75 Total Sales

    Meredith Gruszka
    Section Image

  • U

    Buyer Co-Listing Agent in 2022

    Unknown Member

  • P

    Seller's Agent in 2017

    Philip Gilboy

    The Real Estate Consultants

  • G

    Buyer's Agent in 2017

    Gabriela Araujo

    TruLine Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22030886

California Regional Multiple Listing Service (CRMLS)

APN: 4228-015-035

California Los Angeles County Venice 90291 Venice

2818 Ocean Ave, Venice, CA

Not Listed for Sale

Detached

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