$2,458,278 - $3,202,000
RENTED FEB 19, 2025
2 Beds
2 Baths
-- Sq Ft
7,494 Sq Ft Lot

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Views
  • Roosevelt Elementary School Rated A+
  • 1 Car Garage
  • Living Room

About This Home

As of February 2025

Very spacious & light-filled 2 bedroom 2 bathroom in a single story, four unit building in prime Santa Monica. The unit features original hardwood floors, recessed lighting & an updated bathroom. The luxurious landscaping that surrounds the property makes it feel like a single family home. Walking distance to all the shops on Montana Ave, Wilshire Blvd, Third Street Promenade, restaurants, Whole food and the beach. A must see!

Last Agent to Rent the Property

Michelle Kim

The Hills Premier Realty License #01260034 Listed on: 02/19/2025

Last Renter's Agent

Michelle Kim

The Hills Premier Realty License #01260034 Listed on: 02/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,051

Year Built

  • Built in 1940

Lot Details

  • 7,494 Sq Ft Lot
  • Property is zoned SMR2*

Parking

  • 1 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Laundry Located Outside
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $4,495
  • Tenant pays for electricity, cable TV, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4281-013-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,051

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Security Deposit: 4495
  • Tenant Pays: Electricity, Cable TV, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Lot Acreage: 0.1720
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community, Outside
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Refrigerator, Ceiling Fan, Hood Fan, Vented Exhaust Fan, Garbage Disposal, Dishwasher

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Garage Is Detached
  • Total Parking: 1

Utilities

  • Heating: Natural Gas, Wall

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4281-013-004
  • Lot Size Area: 7494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2007
Sold by
Shen Libby
Bought by
Shen Libby and Libby Shen Trust
Current Estimated Value
$2,759,570

Purchase Details

Closed on
Dec 2, 1998
Sold by
Cullen Greg
Bought by
Shen Libby and Shen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,300
Outstanding Balance
$96,313
Interest Rate
6.91%
Estimated Equity
$2,663,257

Purchase Details

Closed on
Dec 9, 1997
Sold by
Peach Tree Partners
Bought by
Cullen Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 1994
Sold by
Chen Benjamin Po Tao and Chen Sarah
Bought by
Peach Tree Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
8.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 1993
Sold by
Federal Security Corp
Bought by
Chen Benjamin Po Tao and Chen Sarah
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shen Libby -- None Available
Shen Libby $619,500 Fidelity National Title Co
Cullen Greg $512,500 First American Title Co
Peach Tree Partners $428,000 --
Chen Benjamin Po Tao $179,486 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Libby $419,300
Previous Owner Cullen Greg $420,000
Previous Owner Peach Tree Partners $385,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Rented $4,750 +5.7% --
01/31/2025 01/31/25 Off Market $4,495 -- --
01/16/2025 01/16/25 For Rent $4,495 +12.5% --
11/28/2022 11/28/22 Rented $3,995 0.0% --
11/18/2022 11/18/22 For Rent $3,995 -- --
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 $31,051 $2,632,212 $1,841,508 $790,704
2024 $31,051 $2,580,600 $1,805,400 $775,200
2023 $30,557 $2,530,000 $1,770,000 $760,000
2022 $12,074 $914,871 $769,664 $145,207
2021 $11,649 $896,933 $754,573 $142,360
2020 $11,518 $887,737 $746,836 $140,901
2019 $11,396 $870,332 $732,193 $138,139
2018 $10,676 $853,268 $717,837 $135,431
2016 $10,252 $820,136 $689,963 $130,173
2015 $10,117 $807,818 $679,600 $128,218
2014 $10,006 $791,995 $666,288 $125,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-483977

The MLS

APN: 4281-013-004