$1,824,000 - $2,983,820
RENTED JAN 15, 2025

1034 Bay St Santa Monica, CA 90405

Sunset Park Neighborhood
2 Beds
2 Baths
1,028 Sq Ft
$2,384 Price per Sq Ft

Last Sold May 11, 2017

Last sale price $1,610,000 $1,566 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $15,218/month

Highlights

  • Gated Parking
  • View of Trees or Woods
  • Breakfast Area or Nook
  • Will Rogers Elementary Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of January 2025

(AVAILABLE AS OF 01/12/2025!) Nestled in the charming Sunset Park neighborhood of Santa Monica, this delightful bungalow exudes classic charm and modern comfort. Featuring 2 bedrooms and 2 bathrooms, the home offers a cozy yet spacious layout perfect for relaxed living. The interior boasts warm hardwood floors, an inviting living area, and a well-appointed kitchen with modern appliances.One of the standout features of this bungalow is its private outdoor space, ideal for enjoying the sunny Santa Monica weather. Whether you're hosting a barbecue or simply unwinding with a good book, the outdoor area provides a serene escape. Additionally, the property includes ample on-site parking for up to 4 cars, a rare find in this desirable neighborhood.With its blend of classic bungalow style and thoughtful amenities, this home captures the essence of comfortable living in Sunset Park.

Last Agent to Rent the Property

Nicholas O'Malley

Compass License #02017897 Listed on: 12/10/2024

Compass

Last Renter's Agent

Evan Cowitt

Compass License #02132642

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,340

Year Built

  • Built in 1948

Lot Details

  • 6,489 Sq Ft Lot
  • Property is zoned SMR2*

Home Design

  • Bungalow

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dining Area
  • Wood Flooring
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Tandem Parking
  • Driveway
  • Gated Parking
  • RV Potential

Utilities

  • Heating Available
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $6,200
  • Tenant pays for electricity, gas
  • Rent includes gardener, water, trash collection
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4284-015-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,340

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Rent Includes: Gardener, Water, Trash Collection
  • Security Deposit: 6200
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 6 Months
  • Living Area: 1028
  • Lot Acreage: 0.1490
  • Monthto Month: Yes
  • Year Built: 1948
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas and Wood
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 0
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Freezer, Dishwasher, Dryer, Hood Fan, Vented Exhaust Fan, Washer, Refrigerator
  • Price Per S Q F T: 5.74

Exterior Features

  • Pool: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway, Gated, RV Possible, Tandem, Uncovered
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4284-015-007
  • Lot Size Area: 6489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Besser Sean and Besser Samanta
Bought by
1034 Bay Llc
Current Estimated Value
$2,451,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.1%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 9, 2017
Sold by
Pennington Lori A
Bought by
Besser Sean and Besser Samantha
Seller's Agent
Richie Varga
Pinnacle Estate Properties, Inc.
Buyer's Agent
Richie Varga
Pinnacle Estate Properties, Inc.
List Price
$1,750,000
Sold Price
$1,610,000
Premium/Discount to List
-$140,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Pennington Lori A
Bought by
Pennington Lori A and Pennington Michael J

Purchase Details

Closed on
Feb 8, 2013
Sold by
Pennington Michael J and Pennington Lori A
Bought by
Pennington Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Pennington Ronald Arthur
Bought by
Pennington Michael J

Purchase Details

Closed on
Feb 24, 1999
Sold by
Meidinger Clara and Estate Of Mary Ellen Cripe
Bought by
Pennington Ronald Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.7%
Mortgage Type
Assumption
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
1034 Bay Llc $603,500 Provident Title Company
Besser Sean $1,610,000 Priority Title Company
Pennington Lori A -- None Available
Pennington Lori A -- Title 365
Pennington Michael J -- None Available
Pennington Ronald Arthur -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1034 Bay Llc $1,852,500
Closed 1034 Bay Llc $1,700,000
Closed 1034 Bay Llc $283,500
Previous Owner Besser Sean $1,046,500
Previous Owner Pennington Lori A $516,000
Previous Owner Pennington Lori A $518,000
Previous Owner Pennington Michael J $533,850
Previous Owner Pennington Ronald Arthur $250,000
Previous Owner Pennington Ronald Arthur $245,000
Previous Owner Pennington Ronald Arthur $150,000
Previous Owner Pennington Ronald Arthur $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $5,900 0.0% --
01/06/2025 01/06/25 Price Changed $5,900 -4.8% $6 / Sq Ft
12/10/2024 12/10/24 For Rent $6,200 0.0% --
05/11/2017 05/11/17 Sold $1,610,000 -8.0% $979 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,750,000 -- $1,064 / 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 $22,340 $1,887,724 $1,428,809 $458,915
2024 $22,340 $1,850,711 $1,400,794 $449,917
2023 $21,984 $1,814,424 $1,373,328 $441,096
2022 $21,712 $1,778,848 $1,346,400 $432,448
2021 $20,042 $1,650,000 $1,320,000 $330,000
2020 $20,786 $1,708,544 $1,697,932 $10,612
2019 $20,578 $1,675,044 $1,664,640 $10,404
2018 $19,265 $1,642,200 $1,632,000 $10,200
2016 $7,106 $569,443 $463,505 $105,938
2015 $7,011 $560,890 $456,543 $104,347
2014 $6,929 $802,330 $675,842 $126,488
Source: Public Records

Agents Affiliated with this Home

  • Nicholas O'Malley

    Landlord's Agent in 2025

    Nicholas O'Malley

    Compass

    (424) 438-4798

    3 Total Sales

    Nicholas O'Malley
    Section Image
  • Evan Cowitt

    Tenant's Agent in 2025

    Evan Cowitt

    Compass

    (310) 486-6228

    8 Total Sales

    Evan Cowitt
    Section Image
  • Richie Varga

    Seller's Agent in 2017

    Richie Varga

    Pinnacle Estate Properties, Inc.

    (818) 438-5678

    12 Total Sales

    Richie Varga
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-456233

The MLS

APN: 4284-015-007

California Los Angeles County Santa Monica 90405 Sunset Park

1034 Bay St, Santa Monica, CA

This home is located at 1034 Bay St, Santa Monica, CA 90405 since 10 December 2024 and is currently priced at $2,451,205. This property was built in 1948. 1034 Bay St is a home located in Los Angeles County with nearby schools including Will Rogers Elementary, John Adams Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes