NOT LISTED FOR SALE

Estimated Value: $2,017,061 - $2,708,000

4 Beds
3 Baths
1,905 Sq Ft
$1,275/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2017

Last sale price $1,790,000 $940 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,939 / mo

338 Days on Market

About This Home

As of February 2017

Welcome to this hidden gem situated in the lively Wilshire Montana neighborhood of Santa Monica, California. This rear unit, part of a three-unit complex, offers a home-like feel with only one shared wall, featuring both front and rear entrances. Step into the spacious communal outdoor area, ideal for enjoying the delightful Santa Monica weather and relaxing. Enjoy the abundance of windows that open up to the yard, creating a cozy and welcoming ambiance. The kitchen has been recently updated with modern appliances, such as a french door refrigerator, microwave, dishwasher, range, and garbage disposal. Admire the chic light taupe shaker cabinets, quartz countertops, and stylish floor tiles. For convenience, washer dryer is conveniently placed near the back door in the kitchen. Hardwood floors and neutral wall colors flow throughout the unit, effortlessly complementing any decor. The newly remodeled spacious bathroom features neutral tiles and an elegant taupe shaker-style vanity. Nestled in the sought-after Santa Monica neighborhood, this property is in close proximity to a variety of excellent restaurants, shops, and a Whole Foods store

Last Agent to Sell the Property

Kyle Ngo

eXp Realty of California Inc License #01349529 Listed on: 01/05/2016

eXp Realty of California Inc

Co-Listed By

Rudy Kusuma

LPT Realty, Inc License #01820322

Last Buyer's Agent

Laleh Sheikh-Astaneh

Keller Williams Beverly Hills License #01062522

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,508 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,905 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot F
  • Tax Tract Number 701501
  • Assessor Parcel Number 4281003006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $27,971
  • Gross Income $3,755
  • Net Operating Income $16,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

7,508 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4281003006
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 939.63

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7508.00
  • Price Per Lot Square Foot: 266.25
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 3755.00
  • Gross Scheduled Income: 44828.00
  • Lot Size Area: 7508.0000 Square Feet
  • Net Operating Income: 16856.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 27971.00
  • Rent Control: Yes
  • Total Expenses: 27971.00

Tax Info

  • Tax Lot: F
  • Tax Tract Number: 701501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2017
Sold by
Yousef Mahmood
Bought by
Yousef Payam M and Yousef Mahmood
Current Estimated Value
$2,429,265

Purchase Details

Closed on
Dec 13, 2016
Sold by
Tsai Li Ching
Bought by
Yousef Mahmood and Seyedan Maryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 1999
Sold by
Tsai Feng F
Bought by
Tsai Li Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 1995
Sold by
Lin Feng Ou Chow
Bought by
Tsai Feng Feng Chow

Purchase Details

Closed on
Mar 3, 1995
Sold by
Lin Ter Shen
Bought by
Lin Feng Ou Chow
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Yousef Payam M -- First American Title Company
Yousef Mahmood $1,790,000 First American Title Company
Tsai Li Ching $310,000 South Coast Title
Tsai Feng Feng Chow -- --
Lin Feng Ou Chow -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yousef Mahmood $900,000
Previous Owner Tsai Li Ching $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 For Rent $3,150 0.0% --
02/16/2017 02/16/17 Sold $1,790,000 -5.8% $940 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $1,899,900 0.0% $997 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/13/2016 10/13/16 Price Changed $1,899,900 -5.0% $997 / Sq Ft
07/22/2016 07/22/16 Price Changed $1,999,000 -19.4% $1,049 / Sq Ft
01/05/2016 01/05/16 For Sale $2,480,000 -- $1,302 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,566 $2,077,444 $1,740,877 $336,567
2024 $24,566 $2,036,711 $1,706,743 $329,968
2023 $24,172 $1,996,777 $1,673,278 $323,499
2022 $23,871 $1,957,625 $1,640,469 $317,156
2021 $23,285 $1,919,241 $1,608,303 $310,938
2019 $22,893 $1,844,058 $1,596,300 $247,758
2018 $21,306 $1,807,900 $1,565,000 $242,900
2016 $7,412 $582,471 $463,872 $118,599
2015 $7,313 $573,723 $456,905 $116,818
2014 $7,236 $562,485 $447,955 $114,530
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16002339

California Regional Multiple Listing Service (CRMLS)

APN: 4281-003-006

Your Personal Tour Guide

Ask me questions while you tour the home.