NOT LISTED FOR SALE

38 Ozone Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,669,076

3 Beds
3 Baths
1,562 Sq Ft
$1,069/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2022

Last sale price $1,675,000 $1,072 Per Sq Ft

Current estimated payment $11,210 / mo

50 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Bathtub with Shower
  • Venice High School Rated A
  • Wood Flooring
  • 5-minute walk to Venice Beach Playground

About This Home

As of April 2022

Rare opportunity to own a triplex mere step away from Venice Beach and the Pacific Ocean. (Can be purchased as a portfolio with adjacent properties 34 Ozone Ave (6 unit) & 40 Ozone Ave (vacant lot). This triplex was built in 1907 and features a unit mix of (2) 1 Bedroom + 1 Bathroom units, and (1) Studio delivered vacant. The subject property is 1,563 SQ. FT. and resides on a 3,522 square foot lot. Venice Beach is world-renowned, where residents will pay a premium to live and experience beach living along with ample employment opportunities. Investors seeking a solid investment opportunity know that Venice Beach is in high demand. High rents are warranted and achieved due to the proximity to everything a tenant desires.

Last Agent to Sell the Property

David Weinberger

Keller Williams Studio City License #01349349 Listed on: 01/20/2022

Keller Williams Studio City

Co-Listed By

David Rothblum

RE/MAX One License #01332525

Last Buyer's Agent

Melissa Zee

Christie's International Real Estate SoCal License #01451028

Christie's International Real Estate SoCal

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 3,522

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Beach Access
  • 3,522 Sq Ft Lot

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4286-019-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

3,522 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1562
  • Lot Acreage: 0.0809
  • Stories: 2
  • Year Built: 1907
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Oven, Range
  • Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Range/Oven
  • Price Per S Q F T: 1120.36

Exterior Features

  • Other Structures: None
  • View: Ocean, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 16.26
  • Assessed Improvement Value: 227528
  • Assessed Land Percent: 83.74
  • Assessed Land Value: 1171776
  • Total Assessed Value: 1399304
  • Assessor Parcel Number: 4286-019-015
  • Lot Location: Alley Access, Beach Access
  • Lot Size Area: 3522

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 23.40
  • Number Of Units: 3
  • Type Of Units: 3
  • Vacancy Allow Percent: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 15, 2022
Sold by
Lorraine Forman Revocable Trust and Forman Legacy Trust
Bought by
Seller's Agent
David Weinberger
Keller Williams Studio City
Buyer's Agent
Melissa Zee
Christie's International Real Estate SoCal
List Price
$1,750,000
Sold Price
$1,675,000
Premium/Discount to List
-$75,000
-4.29%
Current Estimated Value
$1,669,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,924
Avg. Annual Appreciation
-0.08%
Original Mortgage
$1,088,750
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Darlene F Goldman Trust and Goldman Darlene F
Bought by
Goldman Darlene F

Purchase Details

Closed on
Dec 27, 2017
Sold by
Tula Llc
Bought by
Forman Lorraine and The Lorraine Forman Revocable Trust

Purchase Details

Closed on
Sep 29, 2004
Sold by
Forman Abraham Harry
Bought by
Tula Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Forman Lorraine
Bought by
Forman Lorraine and Lorraine Forman Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Venice, CA

  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    138 Total Sales

    1 in Venice

    $1,383,500 Price

    Josh Stein-Sapir
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  • Betty Huang Real Estate Agent - Latitude 33 Real Estate

    Betty Huang

    Latitude 33 Real Estate

    (213) 471-7492

    20 Total Sales

    1 in Venice

    $1,938,930 Price

    Betty Huang
     Section Image
  • Crosby Doe Real Estate Agent - Crosby Doe Associates, Inc.

    Crosby Doe

    Crosby Doe Associates, Inc.

    (424) 541-1360

    33 Total Sales

    1 in Venice

    $5,000,000 Price

    Crosby Doe
     Section Image
  • Janin Paine Real Estate Agent - Compass

    Janin Paine

    Compass

    (424) 567-7575

    20 Total Sales

    6 in Venice

    $1.2M - $2.1M Price Range

    Janin Paine
     Section Image
  • Staci Siegel Real Estate Agent - Engel & Völkers

    Staci Siegel

    Engel & Völkers

    (424) 499-2383

    29 Total Sales

    1 in Venice

    $1,300,000 Price

    Staci Siegel
     Section Image
  • Tracey Becker Real Estate Agent - Compass

    Tracey Becker

    Compass

    (424) 374-2804

    113 Total Sales

    44 in Venice

    $1.4M - $9.5M Price Range

    Tracey Becker
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,675,000 Chicago Title
Goldman Darlene F -- Ticor Title
Goldman Darlene F -- Ticor Title
Goldman Darlene F -- Ticor Title
Mandar Trust $352,000 Ticor Title
Forman Legacy Trust $448,000 Ticor Title
Forman Lorraine -- None Available
Tula Llc -- --
Forman Lorraine -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,088,750
Previous Owner Burgos Edwin A $1,088,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $1,675,000 -4.3% $1,072 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $1,750,000 -- $1,120 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,443 $1,813,073 $1,623,648 $189,425
2025 $21,443 $1,777,523 $1,591,812 $185,711
2024 $21,222 $1,742,670 $1,560,600 $182,070
2023 $20,810 $1,708,500 $1,530,000 $178,500
2022 $18,443 $1,555,141 $1,286,104 $269,037
2021 $16,748 $1,399,304 $1,171,776 $227,528
2020 $16,922 $1,384,956 $1,159,761 $225,195
2019 $16,246 $1,357,801 $1,137,021 $220,780
2018 $4,263 $337,624 $202,580 $135,044
2016 $4,069 $324,515 $194,714 $129,801
2015 $4,012 $319,642 $191,790 $127,852
2014 $4,045 $313,382 $188,034 $125,348
Source: Public Records

Agents Affiliated with this Home

  • David Weinberger Real Estate Agent - Keller Williams Studio City

    Seller's Agent in 2022

    David Weinberger

    Keller Williams Studio City

    (818) 970-0915

    5 in this area

    69 Total Sales

    David Weinberger
    Section Image
  • David Rothblum Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2022

    David Rothblum

    RE/MAX

    (818) 400-0803

    6 in this area

    111 Total Sales

    David Rothblum
    Section Image
  • Melissa Zee Real Estate Agent - Christie's International Real Estate SoCal

    Buyer's Agent in 2022

    Melissa Zee

    Christie's International Real Estate SoCal

    (310) 309-0099

    3 in this area

    46 Total Sales

    Melissa Zee
    Section Image

  • BK

    Buyer Co-Listing Agent in 2022

    Brian Katz

    Compass

    4 in this area

    11 Total Sales

    Brian Katz
    Section Image
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Map

Source: The MLS

MLS Number: 22-120079

The MLS

APN: 4286-019-015

California Los Angeles County Venice 90291 Venice

38 Ozone Ave, Venice, CA

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The MLS © 2026 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.

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