Landlord's Agent in 2021
Shirin Talai
STS Real Estate Brokerage, Inc.
(310) 892-7272
16 Total Sales
1107 Ocean Park Blvd Unit B Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated Value: $2,294,000 - $2,474,000
2
Beds
1
Bath
850
Sq Ft
$2,818/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Updated Kitchen
- No HOA
- Will Rogers Elementary Rated A
- Granite Countertops
- Shutters
About This Home
As of March 2021A bright 2+1 1st floor, completely remodeled unit in city of Santa Monica less than a mile from the beach, Main street, Santa Monica Pier, 3rd St Promenade and SMC and a few minutes walking to the grocery store, restaurants, and a bus route with the subway nearby. The unit recently has been renovated with smooth ceilings, recess lights , fans, granite counter tops, new cabinets, ceramic floors in bathroom, wood flooring throughout, new bathroom , vanity, tiling, washer/dryer, dishwasher, garbage disposal, new stove & new microwave.
Last Agent to Rent the Property
STS Real Estate Brokerage, Inc. License #01720782 Listed on: 09/20/2020
Last Renter's Agent
STS Real Estate Brokerage, Inc. License #01720782 Listed on: 09/20/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,414
Year Built
- Built in 1944 | Remodeled
Lot Details
- 7,258 Sq Ft Lot
- No Units Located Below
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Side by Side Parking
- Parking Lot
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 850 Sq Ft Home
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Shutters
- Window Screens
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- All Bedrooms Down
- Remodeled Bathroom
- 1 Full Bathroom
- Quartz Bathroom Countertops
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Kitchen
- Dryer
- Washer
Utilities
- Wall Furnace
- Water Heater
Additional Features
- Accessible Parking
- Patio
Listing and Financial Details
- Security Deposit $2,975
- Rent includes gardener, sewer, water
- 12-Month Minimum Lease Term
- Available 2/16/21
- Legal Lot and Block 2 / 38
- Tax Tract Number 3345
- Assessor Parcel Number 4284024002
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
- Pet Deposit $500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2019
Sold by
Salarkia Mahmoud
Bought by
Mahmoud Salarkia Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Outstanding Balance
$719,416
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,675,688
Purchase Details
Closed on
Mar 15, 2019
Sold by
Salarkia Mahmoud and The Mahoud Salarkia Living Tru
Bought by
Salarkia Mahmoud
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Outstanding Balance
$719,416
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,675,688
Purchase Details
Closed on
Sep 28, 2018
Sold by
2632 Lincoln Blvd Lp
Bought by
Salarkia Mahmoud and The Mahmoud Salarkia Living Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2018
Sold by
Moliterni Vincenzo and Moliterni Nadia Lara
Bought by
2632 Lincoln Blvd Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2013
Sold by
Lee Charles Hong and Observatory Investments Llc
Bought by
Moliterni Vincenzo and Moliterni Nadia Lara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2013
Sold by
Lee Charles Hong
Bought by
Lee Charles Hong and Observatory Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2013
Sold by
Lee Charles Hong and Observatory Investments Llc
Bought by
Lee Charles Hong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2012
Sold by
Garcia Victor
Bought by
Observatory Investments Llc
Purchase Details
Closed on
Apr 28, 2006
Sold by
Lee Charles Hong and Garcia Victor A
Bought by
Lee Charles Hong and Garcia Victor A
Purchase Details
Closed on
Dec 22, 2005
Sold by
Baruiz Maristela
Bought by
Garcia Victor A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 21, 2005
Sold by
Lee Charles Hong and Observatory Investments Llc
Bought by
Lee Charles Hong and Garcia Victor A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 19, 2005
Sold by
Garcia Victor A
Bought by
Observatory Investments Llc
Purchase Details
Closed on
Apr 8, 2005
Sold by
Wu Rosanne Wong and Wong Rosanne
Bought by
Lee Charles Hong and Garcia Victor A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 25, 2003
Sold by
Wu Patrick Anthony
Bought by
Wong Rosanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahmoud Salarkia Living Trust | -- | Accommodation | |
| Salarkia Mahmoud | -- | Stewart Title | |
| Salarkia Mahmoud | -- | Accommodation | |
| 2632 Lincoln Blvd Lp | $2,150,000 | Equity Title Los Angeles | |
| Moliterni Vincenzo | $1,590,000 | California Title Company | |
| Lee Charles Hong | -- | None Available | |
| Lee Charles Hong | -- | Accommodation | |
| Observatory Investments Llc | -- | None Available | |
| Lee Charles Hong | -- | None Available | |
| Garcia Victor A | -- | Southland Title | |
| Lee Charles Hong | -- | Southland Title | |
| Observatory Investments Llc | -- | -- | |
| Lee Charles Hong | $1,100,000 | Equity Title Company | |
| Wong Rosanne | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salarkia Mahmoud | $815,000 | |
| Closed | 2632 Lincoln Blvd Lp | $800,000 | |
| Previous Owner | Moliterni Vincenzo | $795,000 | |
| Previous Owner | Lee Charles Hong | $1,015,000 | |
| Previous Owner | Garcia Victor A | $980,000 | |
| Previous Owner | Lee Charles Hong | $980,000 | |
| Previous Owner | Lee Charles Hong | $880,000 | |
| Previous Owner | Wong Rosanne | $405,000 | |
| Previous Owner | Wong Rosanne | $300,000 | |
| Previous Owner | Wu Patrick Anthony | $200,000 | |
| Closed | Lee Charles Hong | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Rented | $2,975 | 0.0% | -- |
| 02/25/2021 02/25/21 | Under Contract | -- | -- | -- |
| 02/25/2021 02/25/21 | Price Changed | $2,975 | +8.2% | $4 / Sq Ft |
| 02/16/2021 02/16/21 | Price Changed | $2,750 | -3.5% | $3 / Sq Ft |
| 12/30/2020 12/30/20 | Price Changed | $2,850 | -8.4% | $3 / Sq Ft |
| 12/22/2020 12/22/20 | Price Changed | $3,110 | +9.1% | $4 / Sq Ft |
| 11/30/2020 11/30/20 | Price Changed | $2,850 | -4.8% | $3 / Sq Ft |
| 11/17/2020 11/17/20 | Price Changed | $2,995 | -4.9% | $4 / Sq Ft |
| 10/31/2020 10/31/20 | Price Changed | $3,150 | -4.5% | $4 / Sq Ft |
| 09/20/2020 09/20/20 | For Rent | $3,300 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $28,414 | $2,398,361 | $1,784,828 | $613,533 |
| 2024 | $28,414 | $2,351,335 | $1,749,832 | $601,503 |
| 2023 | $27,961 | $2,305,231 | $1,715,522 | $589,709 |
| 2022 | $27,616 | $2,260,032 | $1,681,885 | $578,147 |
| 2021 | $26,935 | $2,215,718 | $1,648,907 | $566,811 |
| 2020 | $26,752 | $2,193,320 | $1,632,000 | $561,320 |
| 2019 | $26,485 | $2,150,320 | $1,600,000 | $550,320 |
| 2018 | $20,380 | $1,713,333 | $1,199,110 | $514,223 |
| 2016 | $19,625 | $1,646,498 | $1,152,549 | $493,949 |
| 2015 | $19,371 | $1,621,767 | $1,135,237 | $486,530 |
| 2014 | $19,114 | $1,590,000 | $1,113,000 | $477,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20193321
APN: 4284-024-002
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