NOT LISTED FOR SALE

Estimated Value: $6,322,000 - $13,673,264

7 Beds
10 Baths
7,049 Sq Ft
$1,418/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $13,400,000 $1,901 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $67,453/month

143 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Black Bottom Pool
  • Roosevelt Elementary School Rated A+
  • Wine Cellar
  • Oceanside

About This Home

As of August 2023

This pristine Mediterranean-style Villa, ideally situated on Santa Monica's infamous Gold Coast with incredible ocean views, will surely take your breath away.From the moment you enter through the private courtyard, you will be welcomed inside to the open and spacious step-down living room adorned with high beamed ceilings, hardwood flooring, and a stately fireplace which further enhances the home's warm and inviting ambiance. Expansive pocket-style sliders open seamlessly to the resort-style outdoor living space showcasing a newly redone dark-bottom and glass tile pool, water feature, spa and fireplace, all set in a private, romantic garden offering direct access to the beach. The main level also includes a grand formal dining room, large gourmet kitchen with top-of-the-line appliances, breakfast area with banquet seating and an expansive center island with plenty of room for counter stools. Adjacent to the kitchen is a laundry room and half- bath. A staircase with beautiful wrought iron detail leads down to a second half-bath and inviting recreation room which includes a pool table, temperature-controlled win cellar, wet bar, bathroom, and a stairwell leading up to the pool area. The second floor of this beachfront gem boasts an enormous master bedroom suite with head-on ocean and coastline vistas, fireplace, spa tub and dual bathrooms each with there own walk-in closet and dressing area. Also located on this level are two ensuite bedrooms and generously-sized bonus room which is ideal for a gym, playroom, art studio, etc. A separate staircase provides convenient access to the kitchen. The main staircase takes you to the third floor which offers three additional ensuite bedrooms, one of which looks out to the ocean. There is also a sitting room/den and an expansive deck with built-in seating perfect for enjoying the spectacular views and picturesque sunsets. Situated on the top floor, perfect for in-laws and overnight guests, is a self-contained living area featuring a bedroom and bath, living room, kitchenette, and step-out deck. Other amenities include beautifully renovated bathrooms, hardwood floors, an updated Smart TV system, multi-zone AC and heating, updated wired and wireless networks, a new multi-zone streaming audio system, security system, ample storage and a two-car attached garage.

Last Agent to Sell the Property

Paul Pekar

Compass License #00783762 Listed on: 04/10/2023

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155,753

Year Built

  • Built in 1928

Lot Details

  • 8,412 Sq Ft Lot
  • Beach Front
  • West Facing Home
  • Property is zoned SMR2B*

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 7,049 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Sliding Doors
  • Entryway
  • Wine Cellar
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Two Primary Bathrooms
  • 10 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener

Pool

  • Black Bottom Pool
  • Heated In Ground Pool
  • Heated Spa
  • Waterfall Pool Feature
  • Pool Cover

Outdoor Features

  • Oceanside
  • Balcony
  • Patio
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4292-031-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$155,753

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7049
  • Lot Acreage: 0.1931
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 1928
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 7
  • Fireplaces: 3
  • Full Bathroom: 10
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2127.25

Exterior Features

  • Direction Faces: West
  • Other Features: Rain Gutters, Sliding Glass Doors, Balcony
  • Other Structures: None
  • Pool Description: Heated, Heated And Filtered, In Ground, Waterfall, Pool Cover, Black Bottom, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Coastline, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Attached, Covered Parking, Door Opener, Garage - 2 Car, Garage Is Attached, Private, Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central, Forced Air
  • Security: Owned
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4292-031-002
  • Lot Location: Beach Access, Beach Front, Ocean Side Of Highway 1
  • Lot Size Area: 8412

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Aug 29, 2023
Sold by
Kaplan Family Revocable Trust
Bought by
Austin June Ma Qualified Personal Reside and Chae Young Ma Qualified Personal Residen
Seller's Agent
Paul Pekar
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$14,995,000
Sold Price
$13,400,000
Premium/Discount to List
-$1,595,000
-10.64%
Views
826
Current Estimated Value
$9,997,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,402,368
Avg. Annual Appreciation
-13.88%
Original Mortgage
$5,000,000
Outstanding Balance
$4,910,770
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$5,086,862

Purchase Details

Closed on
Jan 26, 2002
Sold by
Pritzker Anthony Nicholas
Bought by
Kaplan Charles P and Kaplan Jo Ann B
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
Austin June Ma Qualified Personal Reside $13,400,000 Usa National Title
Kaplan Charles P -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin June Ma Qualified Perso $5,000,000
Previous Owner Pritzker Anthony Nicholas $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $13,400,000 -10.6% $1,901 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $14,995,000 -- $2,127 / 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 $155,753 $13,668,000 $10,934,400 $2,733,600
2024 $155,753 $13,400,000 $10,720,000 $2,680,000
2023 $91,467 $7,792,634 $5,946,716 $1,845,918
2022 $90,395 $7,639,838 $5,830,114 $1,809,724
2021 $88,264 $7,490,039 $5,715,799 $1,774,240
2019 $86,828 $7,267,882 $5,546,266 $1,721,616
2018 $81,607 $7,125,375 $5,437,516 $1,687,859
2016 $78,698 $6,848,690 $5,226,372 $1,622,318
2015 $77,694 $6,745,818 $5,147,868 $1,597,950
2014 $76,504 $6,613,678 $5,047,029 $1,566,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-255139

The MLS

APN: 4292-031-002