NOT LISTED FOR SALE

Estimated Value: $742,476 - $868,000

1 Bed
1 Bath
760 Sq Ft
$362/mo HOA Fee

Last Sold August 11, 2023

Last sale price $703,000 $925 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,317/month

54 Days on Market

Highlights

  • Gated Parking
  • 0.34 Acre Lot
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Contemporary Architecture
  • 4-minute walk to Santa Monica Mountains National Recreation Area Visitor Center

About This Home

As of August 2023

Located on one of the best streets in Santa Monica, just a few blocks from the shopping, theatres and restaurants of the 3rd Street Promenade and fabulous Montana Avenue, Palisades Park and the BEACH!, is this beautifully updated one bedroom one bathroom spacious condo. At nearly 800 square feet this very light & bright apartment boasts hardwood floors, recessed lighting, an open floor plan with a living room gas fireplace and patio off of the dining area. A charming outdoor courtyard in the center of this intimate 21 unit complex adds even more to its appeal. Very low HOA dues include Earthquake insurance! Showings by appointment only between 2pm - 4pm weekdays only. No weekend showings. Thank you. (Please note interior photos are virtually staged).

Last Agent to Sell the Property

Lucky James Scoles

Lucky James Scoles License #01353719 Listed on: 05/19/2023

Last Buyer's Agent

Maya Librush

Compass License #01932610

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,731

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Gated Home

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 4292-011-090

Community Details

Overview

  • 21 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,731

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: Located on one of the best streets in Santa Monica, just a few blocks from the shopping, theatres and restaurants of the 3rd Street Promenade and fabulous Montana Avenue, Palisades Park and the BEACH!, is this beautifully updated one bedroom one bathroom spacious condo. At nearly 800 square feet this very light & bright apartment boasts hardwood floors, recessed lighting, an open floor plan with a living room gas fireplace and a great patio off of the dining area. A charming outdoor courtyard in the center of this intimate 21 unit complex adds even more to its appeal. Very low HOA dues include Earthquake insurance! Showings between 2pm-4pm weekdays only by appointment. No weekend showings. Thank you for your interest.
  • Complex Name: 1021 5th Street HOA
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 760
  • Lot Acreage: 0.3446
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1971
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Microwave, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 921.05

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Covered Parking, Door Opener, Gated
  • Total Parking: 1

Utilities

  • Water Heater: Central Water Heater
  • Earth Quake Ins: 1
  • Heating: Wall Electric
  • Security: Card/Code Access, Gated
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Gated Parking, Assoc Pet Rules
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 362.00
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 4292-011-090
  • Lot Size Area: 15010

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 7, 2023
Sold by
Sam Yacov
Bought by
Yacov Elena
Seller's Agent
Lucky James Scoles
Lucky James Scoles
Buyer's Agent
Maya Librush
Compass
List Price
$699,500
Sold Price
$703,000
Premium/Discount to List
$3,500
0.5%
Views
226
Current Estimated Value
$796,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,369
Avg. Annual Appreciation
6.45%
Original Mortgage
$562,400
Outstanding Balance
$549,903
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$248,158

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 18, 2023
Sold by
Claudia Ku Living Trust
Bought by
Yacov Elena
Seller's Agent
Lucky James Scoles
Lucky James Scoles
Buyer's Agent
Maya Librush
Compass
List Price
$699,500
Sold Price
$703,000
Premium/Discount to List
$3,500
0.5%
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,400
Outstanding Balance
$549,903
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$248,158

Purchase Details

Closed on
Jun 20, 2022
Sold by
Harping Ku Claudia
Bought by
Claudia Ku Living Trust

Purchase Details

Listed on
Jan 15, 2020
Closed on
Dec 19, 2019
Sold by
505 Investment Company Llc
Bought by
Ku Claudia H
Seller's Agent
Lucky James Scoles
Lucky James Scoles
Buyer's Agent
Lucky James Scoles
Lucky James Scoles
Sold Price
$2,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yacov Elena -- None Listed On Document
Yacov Elena $703,000 Fidelity National Title
Claudia Ku Living Trust -- None Listed On Document
Ku Claudia H $690,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yacov Elena $562,400
Previous Owner Ku Claudia H $200,000
Previous Owner 505 Investment Company Llc $338,250
Previous Owner 505 Investment Company Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $703,000 +0.4% $925 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $700,000 +0.1% $921 / Sq Ft
05/19/2023 05/19/23 For Sale $699,500 0.0% $920 / Sq Ft
11/23/2022 11/23/22 Rented $3,050 0.0% --
11/05/2022 11/05/22 For Rent $3,050 +3.4% --
01/23/2020 01/23/20 Rented $2,950 0.0% --
01/15/2020 01/15/20 Sold $690,000 0.0% $908 / Sq Ft
01/05/2020 01/05/20 For Rent $3,000 0.0% --
12/16/2019 12/16/19 Pending -- -- --
11/20/2019 11/20/19 Price Changed $699,000 -2.2% $920 / Sq Ft
10/31/2019 10/31/19 For Sale $715,000 -- $941 / 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 $8,731 $717,060 $572,016 $145,044
2024 $8,731 $703,000 $560,800 $142,200
2023 $9,006 $725,310 $580,249 $145,061
2022 $8,884 $711,089 $568,872 $142,217
2021 $8,652 $697,147 $557,718 $139,429
2020 $2,572 $173,970 $103,709 $70,261
2019 $2,538 $170,560 $101,676 $68,884
2018 $2,397 $167,217 $99,683 $67,534
2016 $2,294 $160,725 $95,813 $64,912
2015 $2,261 $158,311 $94,374 $63,937
2014 $2,244 $155,211 $92,526 $62,685
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-272111

The MLS

APN: 4292-011-090