NOT LISTED FOR SALE

1034 Euclid St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $2,593,000 - $2,877,000

6 Beds
4 Baths
3,245 Sq Ft
$836/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $2,620,000 $807 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $16,905/month

53 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Tile Countertops
  • Roosevelt Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of August 2021

TRIPLEX IN HEART OF SANTA MONICA. OWNER'S FRONT HOUSE WITH 2BR.+2 BATH. REAR UNITS ARE TWO STORY 2 BED + 1-BATH EACH. GREAT UNITS WITH FIREPLACE. POSSIBLY GREAT FOR DEVELOPMENT AS WELL! EACH UNIT HAS 1 CAR GARAGE. LARGE LOT 7,509 SF. TOTAL PROPERTY SQUARE FOOTAGE IS 3,245. MAY BE POSSIBLE TO BUILD 3 CONDOS BUT CHECK WITH CITY OF SANTA MONICA. SUBJECT PROPERTY LOCATED NORTH OF WILSHIRE AND THE 10 FREEWAY. EXCELLENT LOCATION! REAR UNITS RENTED & FRONT UNIT VACANT! SUBJECT TO SANTA MONICA SOFT RETRO AND RENT CONTROL.

Last Agent to Sell the Property

Fingerhut Steve

Steve Fingerhut, Broker License #00479715 Listed on: 04/23/2021

Last Buyer's Agent

Tuba Ghannadi

Estate Properties License #00922882

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,609

Year Built

  • Built in 1926

Lot Details

  • 7,509 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Spanish Tile Roof
  • Composition Roof

Interior Spaces

  • 3,245 Sq Ft Home
  • Window Screens
  • Living Room with Fireplace
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block G / 64
  • Assessor Parcel Number 4281018008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Water Sewer Expense $4,800
  • New Taxes Expense $29,937
  • Operating Expense $6,900
  • Gross Income $62,400
  • Net Operating Income $55,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,609

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: SMR2*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4281018008
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Price Per Square Foot: 807.40
  • Room Type: Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Floor Furnace, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 7,509
  • Lot Size Sq Ft: 7509.00
  • Lot Size Acres: 0.1724

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 7509.0000 Square Feet
  • Net Operating Income: 55500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6900.00
  • Other Income Description: FRONT HOUSE IS NOT RENTED
  • Rent Control: Yes
  • Total Expenses: 6900.00

Tax Info

  • New Taxes Expense: 29937.00
  • Tax Block: 64
  • Tax Census Tract: 7015.01
  • Tax Lot: G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Alavi Alan
Bought by
Pakravan Ali M and Sarbaz Faranak
Current Estimated Value
$2,591,333

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 24, 2021
Sold by
Norene Richard and Arvani Family Trust
Bought by
Pakravan Ali M and Sarbaz Faranak
Seller's Agent
Fingerhut Steve
Steve Fingerhut, Broker
Buyer's Agent
Tuba Ghannadi
Estate Properties
List Price
$2,395,000
Sold Price
$2,620,000
Premium/Discount to List
$225,000
9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.66%

Purchase Details

Closed on
Jul 30, 2020
Sold by
Arvani Babak
Bought by
Arvani Babak and The Arvani Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Arvani Mohammad and Arvani Alieh
Bought by
Arvani Family Trust
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
Pakravan Ali M $945,000 None Listed On Document
Pakravan Ali M $2,620,000 Ticor Title Company Of Ca
Arvani Babak -- Pacific Coast Title Company
Arvani Babak -- Pacific Coast Title Company
Arvani Babak -- Pacific Coast Title Company
Arvani Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pakravan Ali M $1,001,650
Previous Owner Arvani Babak $200,000
Previous Owner Arvani Mohammad $170,800
Previous Owner Arvani Mohammad $250,000
Previous Owner Arvani Mohammad $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $2,620,000 +9.4% $807 / Sq Ft
04/23/2021 04/23/21 For Sale $2,395,000 -- $738 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,609 $2,780,364 $2,302,821 $477,543
2024 $32,609 $2,725,848 $2,257,668 $468,180
2023 $32,089 $2,672,400 $2,213,400 $459,000
2022 $31,696 $2,620,000 $2,170,000 $450,000
2021 $6,752 $495,994 $378,766 $117,228
2020 $6,702 $490,909 $374,883 $116,026
2019 $6,625 $481,284 $367,533 $113,751
2018 $6,191 $471,848 $360,327 $111,521
2016 $5,924 $453,528 $346,336 $107,192
2015 $5,843 $446,716 $341,134 $105,582
2014 $5,789 $437,966 $334,452 $103,514
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Fingerhut Steve

    Steve Fingerhut, Broker

    Section Image

  • T

    Buyer's Agent in 2021

    Tuba Ghannadi

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21084303

California Regional Multiple Listing Service (CRMLS)

APN: 4281-018-008

California Los Angeles County Santa Monica 90403 Wilshire Montana

1034 Euclid St, Santa Monica, CA

This home is located at 1034 Euclid St, Santa Monica, CA 90403 since 23 April 2021 and is currently estimated at $2,711,333, approximately $835 per square foot. This property was built in 1926. 1034 Euclid St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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