NOT LISTED FOR SALE

Estimated Value: $2,133,000 - $2,257,000

3 Beds
4 Baths
1,930 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $2,220,000 $1,150 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,476/month

47 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Retreat
  • Roosevelt Elementary School Rated A+
  • Fireplace in Primary Bedroom Retreat
  • 4-minute walk to Palisades Park

About This Home

As of October 2024

Experience a luxurious coastal lifestyle in this spacious 3-bedroom townhouse at 1048 3rd Street, Santa Monica. Located in a prime area, it's within walking distance to the 3rd Street Promenade, Palisades Park, the Metro, and top-notch restaurants, with the beach and more nearby. This beautiful front-facing townhouse is filled with natural light from three sides and features newer hardwood and travertine floors, custom hand-built cabinetry in the dining room and kitchen, recessed lighting, and high-end finishes throughout. In addition to the three bedrooms, each with ensuite bathrooms, this home boasts seven spacious outdoor patios, including a large patio downstairs. The primary suite, located on a separate floor, offers enhanced privacy with a generous walk-in closet. A private loft can be used as a small office or lounge, and there's a beautiful rooftop retreat and meditation space. The entire home is pre-wired for internet and sound.

BONUS: A personal elevator inside the unit, an attached two-car garage with direct entry, and amazing custom storage and a workbench. It feels like a house with access to the highly sought-after Roosevelt Elementary and Lincoln Middle Schools. The building also has earthquake insurance. Don’t miss this opportunity to live in your dream home!

Last Agent to Sell the Property

LINDA SHEN

IRN Realty License #01857355 Listed on: 08/02/2024

IRN Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 7,508 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

HOA Fees

  • $862 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available

Property Views

  • City Lights
  • Woods

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,930 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Location

  • Urban Location

Schools

  • Roosevelt Elementary School
  • Lincoln Middle School
  • Santa Monica High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Front Yard Maintenance
  • 5 Units
  • Ep Management Association, Phone Number (818) 708-3078

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52766
  • Assessor Parcel Number 4292022071
  • $756 per year additional tax assessments
  • Seller Considering Concessions

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

7,508 Sq Ft Lot

HOA Fees

$862 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: SMR3*
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4292022071
  • Year Built: 2002
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1930.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Retreat
  • Levels: Multi/Split
  • Price Per Square Foot: 1150.26
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Loft, Primary Suite, Multi-Level Bedroom, Retreat
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • View: City Lights, Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Association Fee: 862.00
  • Association Fee Frequency: Monthly
  • Association Name: EP Management
  • Phone: 8187083078
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: EP Management

Schools

  • Elementary School: Roosevelt
  • High School: Santa Monica
  • Middle Or Junior School: Lincoln
  • Elementary School #2: ROOSEV
  • High School2: SANMON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7508.00
  • Lot Size Acres: 0.1724

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 7508.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 7014.02
  • Tax Lot: 1
  • Tax Tract Number: 52766
  • TaxOtherAnnualAssessmentAmount: 756.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 20, 2024
Sold by
Tsai Vivan and Vivian Tsai Family Trust
Bought by
Mire-Sluis Anthony Richard
Seller's Agent
LINDA SHEN
IRN Realty
List Price
$2,519,000
Sold Price
$2,220,000
Premium/Discount to List
-$299,000
-11.87%
Views
31
Current Estimated Value
$2,184,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,181
Avg. Annual Appreciation
-1.10%

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 7, 2022
Sold by
Manish Gupta
Bought by
Vivian Tsai Family Trust
Seller's Agent
Michelle Mohlere
Compass
Buyer's Agent
LINDA SHEN
IRN Realty
List Price
$2,149,000
Sold Price
$2,100,000
Premium/Discount to List
-$49,000
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Feb 4, 2003
Sold by
Ocean Heights Llc
Bought by
Gupta Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mire-Sluis Anthony Richard $2,220,000 Chicago Title Company
Vivian Tsai Family Trust $2,100,000 Fidelity National Title
Gupta Manish $869,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Manish $650,000
Closed Gupta Manish $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $2,220,000 -8.2% $1,150 / Sq Ft
09/03/2024 09/03/24 Price Changed $2,419,000 -4.0% $1,253 / Sq Ft
08/02/2024 08/02/24 For Sale $2,519,000 +20.0% $1,305 / Sq Ft
07/01/2022 07/01/22 Sold $2,100,000 -2.3% $1,088 / Sq Ft View Prior Sale
06/03/2022 06/03/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $2,149,000 0.0% $1,113 / Sq Ft
08/25/2020 08/25/20 Rented $6,500 0.0% --
08/21/2020 08/21/20 Off Market $6,500 -- --
08/04/2020 08/04/20 Price Changed $6,500 -6.5% $3 / Sq Ft
07/13/2020 07/13/20 Price Changed $6,950 -3.5% $4 / Sq Ft
06/24/2020 06/24/20 Price Changed $7,200 -7.7% $4 / Sq Ft
06/06/2020 06/06/20 Price Changed $7,800 -2.5% $4 / Sq Ft
05/15/2020 05/15/20 For Rent $8,000 -- --
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 $25,451 $2,220,000 $1,556,100 $663,900
2024 $25,451 $2,142,000 $1,477,062 $664,938
2023 $25,044 $2,100,000 $1,448,100 $651,900
2022 $14,559 $1,185,996 $722,791 $463,205
2021 $14,189 $1,162,742 $708,619 $454,123
2019 $13,865 $1,128,255 $687,601 $440,654
2018 $13,044 $1,106,133 $674,119 $432,014
2016 $12,558 $1,063,183 $647,943 $415,240
2015 $12,393 $1,047,214 $638,211 $409,003
2014 $12,217 $1,026,702 $625,710 $400,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24159385

California Regional Multiple Listing Service (CRMLS)

APN: 4292-022-071

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