NOT LISTED FOR SALE

Estimated Value: $3,075,405 - $3,605,000

3 Beds
3 Baths
2,056 Sq Ft
$1,615/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $3,005,000 $1,462 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,712/month

27 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Contemporary Architecture
  • 2-minute walk to Palisades Park

About This Home

As of October 2021

Absolutely spectacular, head on ocean views punctuate this fully renovated and one of a kind Penthouse unit in A+ Santa Monica location. Located just one block from the ocean and a short distance from trendy Montana Avenue and the 3rd Street Promenade, this stunning, light filled unit features ocean views from almost every room and boasts a huge roof top deck, ideal for entertaining guests, enjoying dinner/drinks or relaxing with family and friends. Additional highlights of this beautifully updated unit include White Oak flooring throughout, gorgeous kitchen with Viking, Miele and Sub Zero appliances, natural stone counter tops, custom Marmol Radziner designed cabinetry and generous dining room space. Spacious living room offers an abundance of natural sunlight, fireplace, high ceilings and direct ocean views. Master suite has great walk-in closet space, custom Porcelain tiling in bath and more views! Bonus room on the main level can be used for office space, gym or kids play area. Ideal location is also just blocks to Palisades Park and coveted Roosevelt Elementary. This unit truly checks all of the boxes and properties like this don't come on the market very often!

Last Agent to Sell the Property

Austin Brunkhorst

Compass License #01823513 Listed on: 08/12/2021

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $36,701

Year Built

  • Built in 1993

Lot Details

  • 7,507 Sq Ft Lot
  • Gated Home

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • White Water Ocean
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,056 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Fireplace
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

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

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Guest Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4292-027-156

Community Details

Overview

  • 6 Units

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Elevator
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$36,701

Year Built

Built in 1993

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Ocean Breeze
  • Entry Floor: 4
  • Living Area: 2056
  • Lot Acreage: 0.1723
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1993
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Wood, Tile, Porcelain
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Dryer, Garbage Disposal, Cable, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1602.63

Exterior Features

  • Pool: No
  • View: City Lights, Ocean, Mountains, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side, Subterranean, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 700.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4292-027-156
  • Lot Size Area: 7507

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Ilana Springer
Bought by
Springer Trust
Current Estimated Value
$3,320,851

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 4, 2021
Sold by
Green David and The D Green Living Trust
Bought by
Jaffe Mark and The M Jaffe Trust
Seller's Agent
Austin Brunkhorst
Compass
Buyer's Agent
Jae Wu
Heyler Realty
List Price
$3,295,000
Sold Price
$3,005,000
Premium/Discount to List
-$290,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2019
Sold by
Green David Ephraim
Bought by
Green David and D Green Living Trust

Purchase Details

Closed on
Feb 20, 2009
Sold by
Glazer Louis and Glazer Melanie Morris
Bought by
Green David Ephraim

Purchase Details

Closed on
Jul 3, 1996
Sold by
Morovati Abdolreza
Bought by
Glazer Louis and Glazier Melanie Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.95%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Morovati Assadollah
Bought by
Morovati Abdolreza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.95%
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
Springer Trust -- None Listed On Document
Jaffe Mark $3,005,000 Equity Title Company
Green David -- None Available
Green David Ephraim $1,540,000 Provident Title
Glazer Louis $500,000 Chicago Title Insurance Co
Morovati Abdolreza -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaffe Mark $1,500,000
Previous Owner Glazer Louis $500,000
Previous Owner Glazer Louis $373,000
Previous Owner Glazer Louis $384,000
Previous Owner Morovati Abdolreza $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $3,005,000 -8.8% $1,462 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $3,295,000 -- $1,603 / 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 $36,701 $3,188,928 $956,678 $2,232,250
2024 $36,701 $3,126,401 $937,920 $2,188,481
2023 $36,113 $3,065,100 $919,530 $2,145,570
2022 $35,759 $3,005,000 $901,500 $2,103,500
2021 $26,052 $2,184,398 $870,930 $1,313,468
2019 $21,590 $1,777,783 $1,269,847 $507,936
2018 $20,322 $1,742,926 $1,244,949 $497,977
2016 $19,587 $1,675,248 $1,196,607 $478,641
2015 $19,334 $1,650,085 $1,178,633 $471,452
2014 $19,050 $1,617,763 $1,155,546 $462,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-748484

The MLS

APN: 4292-027-156