NOT LISTED FOR SALE
12 Beds
12.5 Baths
8,998 Sq Ft
8,815 Sq Ft Lot

Sale Details

Date Sold: November 2, 2021

Last sale price $4,050,000 $450 Per Sq Ft

476 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 6 Car Attached Garage
  • Franklin Elementary School Rated A+
  • Living Room Balcony
  • Double Vanity

About This Home

As of November 2021

Don't miss out on the rare opportunity to acquire this unique six-unit building located in a prime area in Santa Monica, on a lush and peaceful street North of Wilshire Blvd. Luxurious, bright and huge units, with balconies and patios. These units are much larger than your normal sized SM apartments. The Spanish-inspired exterior highlights classic features, including a red tile roof, rod iron details, custom sconces, and drought-friendly landscaping. The property is being delivered with a large 3-level front unit vacant (3BD/2BA) with a private 2 car garage leading directly into the unit and plenty of additional storage space. This unit is ideal for an owner user or an opportunity for a huge rental upside. Two of the 2BD/2BA and the 1BD/BA have been completely remodeled including new floors, new countertops and all stainless steel appliances. Subway tiles in the bathrooms, and large mirrored closets in the spacious bedrooms.

Last Agent to Sell the Property

Vanessa Pineda

Vanessa Pineda License #01810936 Listed on: 05/13/2020

Last Buyer's Agent

Vanessa Pineda

Vanessa Pineda License #01810936 Listed on: 05/13/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,815 Sq Ft Lot
  • West Facing Home

Parking

  • 6 Car Attached Garage
  • 1 Open Parking Space
  • Driveway
  • Assigned Parking

Interior Spaces

  • 8,998 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 12.5 Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4277-026-015

Community Details

Overview

  • 6 Units
  • La's Best Property Management Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

8,815 Sq Ft Lot

Parking

6

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 8998
  • Stories: 2
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 6
  • Number Disposal: 6
  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Wood, Mixed
  • Appliances: Free Standing Gas
  • Bedrooms: 12
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Bathroom Features: Remodeled, Shower and Tub, Double Vanity(s), Shower Stall, Low Flow Toilet(s), Low Flow Shower(s), Tile
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
  • Total Bathrooms: 12.50
  • Equipment: Ceiling Fan, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator, Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 477.88

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 6
  • Patio: Balcony, Living Room Balcony
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 1
  • Parking Garage: Driveway - Combination, Garage, Garage - 2 Car, Garage Is Attached, Parking Space, Assigned
  • Total Parking: 7

Utilities

  • Water Heater: Central Water Heater
  • Electric Expense: 859.00
  • Heating: Wall Gas
  • Number Electric Meters: 6
  • Number Gas Meters: 6
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Water Expense: 6203.00
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: LA's Best Property Management
  • Mgmt Co Phone: 3104501444|
  • Professional Management: 5400.00

Fee Information

  • Gas Expense: 422.00
  • Insurance Expense: 6567.00
  • Maintenance Expense: 7622.00

Lot Info

  • Assessor Parcel Number: 4277-026-015
  • Geocode Override: No
  • Lot Size Area: 8815

Rental Info

  • Number Leased: 5
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.35
  • Number Of Units: 6
  • Number Wall A C: 2
  • Rent Control: 100
  • Type Of Units: Apartments

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
11/02/2021 11/02/21 Sold $4,050,000 -5.8% $450 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $4,300,000 0.0% $478 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $4,300,000 0.0% $478 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
11/19/2020 11/19/20 Price Changed $4,300,000 -8.4% $478 / Sq Ft
09/09/2020 09/09/20 Price Changed $4,695,000 -2.1% $522 / Sq Ft
05/13/2020 05/13/20 For Sale $4,795,000 -- $533 / 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
2025 $54,076 $4,297,892 $3,236,684 $1,061,208
2024 $50,743 $4,213,620 $3,173,220 $1,040,400
2023 $49,948 $4,131,000 $3,111,000 $1,020,000
2022 $49,350 $4,050,000 $3,050,000 $1,000,000
2021 $13,342 $976,174 $507,614 $468,560
2020 $13,248 $966,666 $502,410 $464,256
2019 $13,115 $947,722 $492,559 $455,163
2018 $12,277 $929,150 $482,901 $446,249
2016 $11,696 $892,591 $464,150 $428,441
2015 $11,559 $879,185 $457,179 $422,006
2014 $11,449 $861,964 $448,224 $413,740
Source: Public Records

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Map

Source: The MLS

MLS Number: 20-578542

The MLS
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