1114 Ozone Ave Santa Monica, CA 90405
Sunset Park Neighborhood
4
Beds
2
Baths
1,540
Sq Ft
5,371
Sq Ft Lot
Highlights
- Detached Guest House
- Ranch Style House
- Living Room
- Will Rogers Elementary Rated A
- No HOA
- 4-minute walk to Ozone Park
About This Home
As of December 2024Price Reduction! Lowest-priced vacant property in Santa Monica 90405! 2 Detached Houses at 1,540 SF on a large ~5,400 SF lot on one of the best streets in Sunset Park. Amazing opportunity for owner-users and investors to Fix & Save with the renovated duplexes in the area selling for ~2.5M! Or you can do a new construction ground-up project/major addition and resale it for ~4M. Nestled mid-block on a tranquil, tree-lined cul-de-sac you will find a property that is currently configured as a duplex with a front house gutted and ready for renovation and the back house in original condition, combined the two structures are 1,540 square feet of interior living space situated on a ~5,400 square-foot lot. Surrounded by beautifully updated homes, this property presents a unique opportunity to create your ideal living environment in one of Santa Monica's most desirable and up-and-coming neighborhoods. Located east of Lincoln Boulevard, you'll have easy access to vibrant dining and shopping, including Whole Foods and local favorites like Cafe Gratitude and the new Tartine bakery. Enjoy the sports fields and playgrounds at nearby Marine Park or attend outdoor social events at Penmar Golf Course, all while being less than a mile from the beach, Abbot Kinney, and dynamic Rose Avenue. Whether you choose to restore, rebuild, or reimagine, the potential here for a coastal oasis is substantial.
Last Agent to Sell the Property
Engel & Völkers License #01446377 Listed on: 09/23/2024
Last Buyer's Agent
KEVIN GOLD
SERV CORP License #02059775
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,752
Year Built
- Built in 1942
Lot Details
- 5,371 Sq Ft Lot
- Tear Down
- Property is zoned SMR1*
Parking
- Driveway
Home Design
- Ranch Style House
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 1,540 Sq Ft Home
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- Detached Guest House
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4285-035-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Oct 29, 2024
Sold by
Hobart Venice Llc
Bought by
Heritage Modern Llc
Seller's Agent
Sandra Miller
Engel & Völkers
Buyer's Agent
KEVIN GOLD
SERV CORP
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,527
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,539,985
Outstanding Balance
$910,842
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$674,685
Purchase Details
Listed on
Jun 19, 2024
Closed on
Aug 2, 2024
Sold by
Bowlin Pamela
Bought by
Hobart Venice Llc
Seller's Agent
Stacy Blair Young
Douglas Elliman of California, Inc.
Buyer's Agent
Stacy Blair Young
Douglas Elliman of California, Inc.
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%
Views
149
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.75%
Original Mortgage
$1,216,800
Interest Rate
6.86%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 14, 2022
Sold by
Santora Dominick
Bought by
Santora Dominick and Bowlin Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2022
Sold by
Ozone Trust
Bought by
Santora Dominick
Purchase Details
Closed on
Jul 20, 2020
Sold by
Santora Dominick
Bought by
Santora Dominick
Purchase Details
Closed on
Feb 6, 2019
Sold by
Santora Dominick
Bought by
Santora Dominick and The Dominick Santora Living Tr
Purchase Details
Closed on
Jul 9, 2001
Sold by
Santora Dominick
Bought by
Santora Dominick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.26%
Mortgage Type
Credit Line Revolving
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,550,000 | Novare National Settlement Ser | |
| Grant Deed | $1,550,000 | Novare National Settlement Ser | |
| Grant Deed | $1,300,000 | Lawyers Title Company | |
| Deed | -- | Lawyers Title | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,539,985 | Construction | |
| Closed | $1,539,985 | Construction | |
| Previous Owner | $1,216,800 | Construction | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $35,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,550,000 | -6.1% | $1,006 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | Price Changed | $1,650,000 | -2.7% | $1,071 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $1,695,000 | +30.4% | $1,101 / Sq Ft |
| 08/12/2024 08/12/24 | Sold | $1,300,000 | +0.1% | $844 / Sq Ft |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $1,299,000 | -- | $844 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $1,752 | $89,552 | $62,947 | $26,605 |
| 2023 | $1,719 | $87,797 | $61,713 | $26,084 |
| 2022 | $1,205 | $86,076 | $60,503 | $25,573 |
| 2021 | $1,161 | $84,389 | $59,317 | $25,072 |
| 2020 | $1,151 | $83,524 | $58,709 | $24,815 |
| 2019 | $1,138 | $81,887 | $57,558 | $24,329 |
| 2018 | $1,074 | $80,282 | $56,430 | $23,852 |
| 2016 | $1,015 | $77,167 | $54,240 | $22,927 |
| 2015 | $1,001 | $76,009 | $53,426 | $22,583 |
| 2014 | $1,381 | $74,521 | $52,380 | $22,141 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Miller
Seller's Agent in 2024
Sandra Miller
Engel & Volkers Santa Monica
(213) 364-9815
7 in this area
54 Total Sales
-
Stacy Blair Young
Seller's Agent in 2024
Stacy Blair Young
Douglas Elliman of California, Inc.
(310) 367-7654
2 in this area
78 Total Sales
-
K
Buyer's Agent in 2024
KEVIN GOLD
SERV CORP
Map
Source: The MLS
MLS Number: 24-443715
APN: 4285-035-020
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