$1,300,000
SOLD AUG 12, 2024
2 Beds
1 Bath
1,540 Sq Ft
5,371 Sq Ft Lot

Recently Sold

$844 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Brick Porch or Patio
  • Bungalow
  • Will Rogers Elementary Rated A
  • Living Room
  • 4-minute walk to Ozone Park

About This Home

As of December 2024

DRIVE BY ONLY! Discover an exceptional opportunity to create your own vision in the heart of Santa Monica, just moments from the beach! Situated mid-block on a serene cul-de-sac east of Lincoln, this tear-down property offers a rare chance for a new owner to transform it. With convenient access to Lincoln Boulevard's diverse dining and shopping options, and the popular Marine Park nearby boasting amenities such as baseball and soccer fields, basketball, handball, and tennis courts, a birthday pavilion, picnic tables, BBQs, a children's playground, and ample off-street parking, this location is ideal for any homeowner. You'll also find Whole Foods, Groundwork Coffee Co., Cafe Gratitude, and Rose Avenue's array of restaurants close by, along with the trendy Abbot Kinney Blvd. in Venice. Currently set up as a duplex on an SMR1* lot, the property includes a front house affected by fire and a back house requiring significant rehabilitation. Property is currently under SM rent control. Buyer to investigate and satisfy selves as to building possibilities. Surrounded by beautiful newer homes, this lot offers endless possibilities for those looking to reimagine and rebuild. Don't miss this rare chance to in a highly sought-after Santa Monica location.

Last Agent to Sell the Property

Stacy Blair Young

Douglas Elliman of California, Inc. License #01190242 Listed on: 06/19/2024

Douglas Elliman of California, Inc.

Last Buyer's Agent

Stacy Blair Young

Douglas Elliman of California, Inc. License #01190242 Listed on: 06/19/2024

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1942

Lot Details

  • 5,371 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Wire Fence
  • Value in Land
  • Tear Down
  • Property is zoned SMR1*

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Oven or Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Brick Porch or Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4285-035-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1540
  • Lot Acreage: 0.1233
  • Property Condition: Tear Down, Value Mainly In Land
  • Stories: 1
  • Year Built: 1942
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 2
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Tile
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dryer, Washer, Stackable W/D Hookup
  • Price Per S Q F T: 843.51

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Fence: Wood, Wire
  • Patio: Brick
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4285-035-020
  • Lot Size Area: 5371

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

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
$1,585,527

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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

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
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

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Map

Source: The MLS

MLS Number: 24-406625

The MLS

APN: 4285-035-020