NOT LISTED FOR SALE

Estimated Value: $901,000 - $983,988

2 Beds
1 Bath
857 Sq Ft
$250/mo HOA Fee

Last Sold March 14, 2024

Last sale price $940,000 $1,097 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,377/month

49 Days on Market

Highlights

  • City View
  • Bamboo Flooring
  • Built-In Features
  • Will Rogers Elementary Rated A
  • Outdoor Cooking Area
  • Breakfast Bar

About This Home

As of March 2024

Bright, light-filled, second-story, beautifully remodeled condo that enjoys views from every room. This intimate 4 unit condo project is located in the heart of Santa Monica's most exciting neighborhood, Sunset Park. This condo is private and perched among the clouds. Both bedrooms feature custom closets with the primary bedroom offering unobstructed western views. Move-in ready and maximized for a work-from-home world, the second bedroom features custom built-in shelves and desk with plenty of room for a convertible bed and unobstructed easterly views. The completely remodeled kitchen includes custom built-in cabinets, plenty of storage, high end appliances and a charming breakfast bar. This condo enjoys a newly remodeled full bath, built-in laundry with custom cabinets, new doors throughout and sustainable bamboo floors. Newly installed mini-split air conditioners provide energy efficient cooling and heat. The low water landscaping has great curb appeal but minimal cost. A communal, privately gated courtyard is a great place to hang out and BBQ with friends. There is a large storage room for bikes and a secure side yard for surfboards. This charming condo is walking distance to Ocean Park Blvd's commercial hub featuring Thyme Cafe, Ghisallo, Layla Bagels and Rose Avenue's amazing shops, restaurants, and Whole Foods. Marine Park is right down the street. A 10 minute bike ride gets you to the beach as this immaculate condo is only 11 blocks to the Pacific Ocean. Move-in, grab the surfboard, hang out in your private courtyard or just relax in this lovely condo. A must see!

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 01/08/2024

Last Buyer's Agent

Davinia Sergi

Elite Residential Realty License #02068411

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,745

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 4,870

HOA Fees

  • $250 Monthly HOA Fees

Interior Spaces

  • 857 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Area
  • City Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Carport

Additional Features

  • Open Patio
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 4285-029-045

Community Details

Overview

  • 4 Units

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,745

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 1024 Pier Ave Hoa
  • Entry Floor: 2
  • Living Area: 857
  • Lot Acreage: 0.1118
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1965
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator, Garbage Disposal, Washer, Dryer, Ceiling Fan
  • Price Per S Q F T: 1096.85

Exterior Features

  • Pool: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Zoned

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Outdoor Cooking Area, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 250.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4285-029-045
  • Lot Size Area: 4872

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 6, 2024
Sold by
Zhang Xiu
Bought by
Ellis Henry J
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Davinia Sergi
Elite Residential Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Views
80
Current Estimated Value
$946,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,747
Avg. Annual Appreciation
0.49%
Original Mortgage
$480,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jan 18, 2024
Sold by
Cohen Andrew and Cohen Amanda
Bought by
Ellis Henry J and Zhang Xiu
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Davinia Sergi
Elite Residential Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 26, 2021
Sold by
Gross Adam and Caruth Julia
Bought by
Cohen Andrew and Amalfi Amanda
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Guy Verdino
Compass
List Price
$875,000
Sold Price
$905,000
Premium/Discount to List
$30,000
3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$814,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Klein Roberta L and Klein Living Trust
Bought by
Gross Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Ellis Henry J -- Lawyers Title Company
Zhang Xui -- Lawyers Title Company
Ellis Henry J $940,000 Lawyers Title Company
Cohen Andrew $905,000 Fidelity National Title Co
Gross Adam $495,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Henry J $480,000
Previous Owner Cohen Andrew $814,500
Previous Owner Gross Adam $270,000
Previous Owner Gross Adam $315,000
Previous Owner Gross Adam $350,951
Previous Owner Gross Adam $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $940,000 -1.1% $1,097 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $950,000 0.0% $1,109 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $950,000 +5.0% $1,109 / Sq Ft
04/20/2021 04/20/21 Sold $905,000 +3.4% $1,056 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $875,000 -- $1,021 / 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 $11,745 $958,800 $832,422 $126,378
2024 $11,745 $960,391 $768,313 $192,078
2023 $11,555 $941,561 $753,249 $188,312
2022 $11,403 $923,100 $738,480 $184,620
2021 $7,633 $612,678 $495,098 $117,580
2020 $7,579 $606,397 $490,022 $116,375
2019 $7,495 $594,508 $480,414 $114,094
2018 $7,050 $582,852 $470,995 $111,857
2016 $6,554 $540,000 $436,000 $104,000
2015 $6,558 $540,000 $436,000 $104,000
2014 $5,666 $459,000 $371,000 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-344913

The MLS

APN: 4285-029-045