NOT LISTED FOR SALE

Estimated Value: $3,033,000 - $3,731,000

3 Beds
2.5 Baths
2,010 Sq Ft
$1,455/mo HOA Fee

Last Sold November 29, 2021

Last sale price $3,124,000 $1,554 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $22,673/month

7 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • Roosevelt Elementary School Rated A+
  • Fitness Center
  • 1-minute walk to Palisades Park

About This Home

As of November 2021

Stunning Ocean Ave condo with ocean and city views in an unbeatable Santa Monica location. Just a stones throw from the beach, the palm-studded Palisades Park, and The Promenade. This 3 bed + 2.5 bath unit has a sun-drenched open floor plan with just over 2,000 sqft, floor-to-ceiling windows, fantastic designer finishes, hardwood floors, and tons of built-in storage. Living room with fireplace, formal dining, and a large eat-in kitchen with Wolf and Subzero appliances, Miele dishwasher, and huge center island. A generous primary suite with en suite bath, marble counters, shower and soaking tub. Two additional spacious bedrooms (one is a den/office that could be used as the third bedroom). Topping it off is a private terrace with white water ocean views. Laundry in-unit, two parking spaces and additional storage in the gated underground garage. This secure building features an exercise room, sauna, steam room & pool -- all in the best location with access to everything Santa Monica has to offer.

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 09/20/2021

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Austin Brunkhorst

Compass License #01823513

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,214

Year Built

  • Built in 1981

Lot Details

  • 0.52

HOA Fees

  • $1,455 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Trees
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,010 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Side by Side Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Cooling System Powered By Gas
  • Vented Exhaust Fan
  • Heat Pump System
  • Hot Water Circulator
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 4292-027-129

Community Details

Overview

  • Association fees include building and grounds, concierge, gas, insurance, security, trash, water and sewer paid
  • 18 Units
  • Maintained Community
  • 5-Story Property

Amenities

  • Concierge
  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,214

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,455 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Boca Monica
  • Entry Floor: 4
  • Living Area: 2010
  • Lot Acreage: 0.5160
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 5
  • Unit Floor In Building: 4
  • Year Built: 1981
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 1567.16

Exterior Features

  • Pool Description: Association Pool, Fenced, Heated, In Ground, Community
  • Pool: Yes
  • View: Coastline, Ocean, Tree Top, Pool, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Parking for Guests, Parking for Guests - Onsite, Side By Side

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Electric, Gas
  • Heating: Heat Pump, Hot Water Circulator
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Guarded

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Gated Parking, Hot Water, Pool, Sauna, Security, Spa
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Concierge, Gas, Insurance, Security, Trash, Water and Sewer Paid
  • HOA Fees: 1455.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4292-027-129
  • Lot Size Area: 22475

Multi Family

  • Number Of Units: 18

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 26, 2021
Sold by
Curl Sue Yang
Bought by
Reese Gordon and The Reese Trust
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Austin Brunkhorst
Compass
List Price
$3,150,000
Sold Price
$3,124,000
Premium/Discount to List
-$26,000
-0.83%
Current Estimated Value
$3,335,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,409
Avg. Annual Appreciation
1.75%
Original Mortgage
$2,499,200
Outstanding Balance
$2,296,755
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,038,654

Purchase Details

Listed on
Dec 10, 2018
Closed on
Mar 4, 2019
Sold by
Mann Kevin and Patrick Revocable Trust
Bought by
Curl Sue Yang
Seller's Agent
Ava Domanovski
Ava Domanovski
Buyer's Agent
Tracey Hennessey
Compass
List Price
$3,188,000
Sold Price
$2,900,000
Premium/Discount to List
-$288,000
-9.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Listed on
Feb 21, 2013
Closed on
Feb 13, 2013
Sold by
Scully Brian
Bought by
Mann Kevin and Patrick Revocable Trust
Seller's Agent
Ryan Call
RYAN L. CALL
Buyer's Agent
Ava Domanovski
Ava Domanovski
List Price
$2,170,000
Sold Price
$2,221,000
Premium/Discount to List
$51,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Sep 2, 2008
Sold by
Fralin Curtis L
Bought by
Scully Brian and This Old House Trust

Purchase Details

Closed on
Sep 26, 2005
Sold by
Fralin Curtis L
Bought by
Fralin Curtis L and Curtis L Fralin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 28, 2004
Sold by
Fralin Curtis L
Bought by
Fralin Curtis L and Curtis Fralin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Fralin Curtis L
Bought by
Fralin Curtis L and Curtis Fralin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Fralin Curtis L
Bought by
Fralin Curtis L and Curtis Fralin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.25%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Fralin Curtis
Bought by
Fralin Curtis and The Curtis Fralin Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2001
Sold by
Stookesberry Bette N
Bought by
Fralin Curtis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
7.54%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 4, 1997
Sold by
Bernstein Edwin
Bought by
Stookesberry David D and Stookesberry Bette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,650
Interest Rate
7.25%

Purchase Details

Closed on
Oct 13, 1997
Sold by
Allied West Ltd Partnership
Bought by
Bernstein Edwin and Bernstein Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,650
Interest Rate
7.25%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Bernstein Edwin
Bought by
Allied West Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
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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
Reese Gordon $3,124,000 Fidelity Sherman Oaks
Curl Sue Yang $2,900,000 Lawyers Title Company
Mann Kevin $2,221,000 California Title Company
Scully Brian $1,350,000 Equity Title Company
Fralin Curtis L -- Provident Title Company
Fralin Curtis L -- Provident Title Company
Fralin Curtis L -- Provident Title Company
Fralin Curtis L -- Provident Title Company
Fralin Curtis L -- Gateway Title Company
Fralin Curtis L -- Gateway Title Company
Fralin Curtis L -- Provident Title Company
Fralin Curtis L -- Gateway Title Company
Fralin Curtis -- --
Fralin Curtis L $655,000 Southland Title Company
Stookesberry David D -- Equity Title Company
Bernstein Edwin -- --
Allied West Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Gordon $2,499,200
Previous Owner Mann Kevin $1,000,000
Previous Owner Franlin Curtis L $630,000
Previous Owner Fralin Curtis L $650,000
Previous Owner Fralin Curtis L $500,000
Previous Owner Fralin Curtis L $500,000
Previous Owner Fralin Curtis L $500,000
Previous Owner Fralin Curtis L $500,000
Previous Owner Fralin Curtis L $500,000
Previous Owner Fralin Curtis L $197,500
Previous Owner Fralin Curtis L $100,000
Previous Owner Fralin Curtis $563,000
Previous Owner Fralin Curtis L $655,000
Previous Owner Stookesberry David D $405,650
Closed Fralin Curtis L $300,000
Closed Fralin Curtis L $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $3,124,000 -0.8% $1,554 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $3,150,000 +8.6% $1,567 / Sq Ft
03/15/2019 03/15/19 Sold $2,900,000 -9.0% $1,443 / Sq Ft
03/01/2019 03/01/19 For Sale $3,188,000 +9.9% $1,586 / Sq Ft
02/28/2019 02/28/19 Off Market $2,900,000 -- --
01/10/2019 01/10/19 For Sale $3,188,000 +9.9% $1,586 / Sq Ft
01/02/2019 01/02/19 Off Market $2,900,000 -- --
12/30/2018 12/30/18 For Sale $3,188,000 +9.9% $1,586 / Sq Ft
12/20/2018 12/20/18 Off Market $2,900,000 -- --
12/10/2018 12/10/18 For Sale $3,188,000 +43.5% $1,586 / Sq Ft
02/25/2013 02/25/13 Sold $2,221,000 0.0% $1,105 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
02/06/2013 02/06/13 Off Market $2,221,000 -- --
01/26/2013 01/26/13 For Sale $2,170,000 -- $1,080 / 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 $38,214 $3,316,274 $981,617 $2,334,657
2024 $38,214 $3,251,250 $962,370 $2,288,880
2023 $40,728 $3,187,500 $943,500 $2,244,000
2022 $37,153 $3,125,000 $925,000 $2,200,000
2021 $35,313 $2,988,644 $1,648,907 $1,339,737
2019 $5,070 $2,451,772 $1,655,858 $795,914
2018 $27,794 $2,403,699 $1,623,391 $780,308
2016 $26,802 $2,310,361 $1,560,353 $750,008
2015 $26,457 $2,275,659 $1,536,916 $738,743
2014 $26,061 $2,231,083 $1,506,810 $724,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-785998

The MLS

APN: 4292-027-129