NOT LISTED FOR SALE

1128 21st St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $2,556,000 - $4,118,949

4 Beds
3 Baths
2,656 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $1,525,000 $574 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $19,295/month

109 Days on Market

Highlights

  • Traditional Architecture
  • Franklin Elementary School Rated A+
  • 5 Car Garage

About This Home

As of March 2012

GREAT LOCATION: 4 well-maintained income units NORTH OF WILSHIRE BLVD. There is a house plus 3 apartments and 5 garages situated on this property. The center yard which is lush and beautifully landscaped, highlights the entire property. 2 of the 4 units will be delivered vacant at the close of escrow. This is a superb opportunity not to be missed.

Last Agent to Sell the Property

Neville Graham

Rodeo Realty License #01171015 Listed on: 10/23/2011

Rodeo Realty

Last Buyer's Agent

Keh Shih

Landmark Realty License #00704853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,869

Year Built

  • Built in 1959

Lot Details

  • 7,680 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Microwave

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4276-007-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,869

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2656
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Microwave
  • Price Per S Q F T: 593.00

Exterior Features

  • Construction: Stucco
  • Pool: No

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Garage
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 105308
  • Assessed Land Value: 835469
  • Assessor Parcel Number: 4276-007-007
  • Lot Size Area: 7680

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: House + 3
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2011
Closed on
Apr 25, 2012
Sold by
Ueng John Chung Fu
Bought by
Gandau West Llc
Seller's Agent
Neville Graham
Rodeo Realty
Buyer's Agent
Keh Shih
Landmark Realty
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Current Estimated Value
$3,191,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,666,418
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Oct 23, 2011
Closed on
Mar 5, 2012
Sold by
Klinkradt Rudolf
Bought by
Ueng John Chung Fu
Seller's Agent
Neville Graham
Rodeo Realty
Buyer's Agent
Keh Shih
Landmark Realty
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Klinkradt Rudolf
Bought by
Klinkradt Rudolf and Klinkradt Karin

Purchase Details

Closed on
Apr 10, 2000
Sold by
Reverse Exchange Corp
Bought by
Klinkradt Rudolf and Klinkradt Karin E

Purchase Details

Closed on
Jun 11, 1999
Sold by
Shaffer Bruce
Bought by
Reverse Exchange Corp

Purchase Details

Closed on
Apr 20, 1998
Sold by
Shaffer Zoreh
Bought by
Shaffer Bruce and Shaffer Zoreh

Purchase Details

Closed on
Dec 16, 1996
Sold by
Shaffer Bruce
Bought by
Marashi Zoreh

Purchase Details

Closed on
Mar 18, 1994
Sold by
Newcomb Shauna
Bought by
Shaffer Bruce and Shaffer Zoreh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.15%
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 Buyer Sale Price Title Company
Gandau West Llc -- None Available
Ueng John Chung Fu $1,525,000 Equity Title
Klinkradt Rudolf -- --
Klinkradt Rudolf -- --
Reverse Exchange Corp $790,000 Equity Title
Shaffer Bruce -- Provident Title Company
Marashi Zoreh -- --
Shaffer Bruce $390,000 Southland Title Company
Newcomb Shauna -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klinkradt Karin E $350,000
Previous Owner Klinkradt Rudolf $500,000
Previous Owner Shaffer Bruce $200,000
Previous Owner Shaffer Bruce $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2012 03/14/12 Sold $1,525,000 -3.2% $574 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
10/23/2011 10/23/11 For Sale $1,575,000 -- $593 / 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
2025 $22,869 $1,915,474 $1,244,747 $670,727
2024 $22,869 $1,877,917 $1,220,341 $657,576
2023 $22,504 $1,841,096 $1,196,413 $644,683
2022 $22,223 $1,804,997 $1,172,954 $632,043
2021 $21,671 $1,769,605 $1,149,955 $619,650
2019 $21,307 $1,717,120 $1,115,848 $601,272
2018 $19,949 $1,683,452 $1,093,969 $589,483
2016 $19,219 $1,618,084 $1,051,490 $566,594
2015 $18,969 $1,593,780 $1,035,696 $558,084
2014 $18,710 $1,562,561 $1,015,409 $547,152
Source: Public Records

Agents Affiliated with this Home

  • Neville Graham

    Seller's Agent in 2012

    Neville Graham

    Rodeo Realty

    (310) 420-6809

    1 in this area

    16 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    Keh Shih

    Landmark Realty

    (310) 567-6606

    2 in this area

    3 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 11-562137

The MLS

APN: 4276-007-007

California Los Angeles County Santa Monica 90403 Wilshire Montana

1128 21st St, Santa Monica, CA

This home is located at 1128 21st St, Santa Monica, CA 90403 since 23 October 2011 and is currently estimated at $3,317,316, approximately $1,248 per square foot. This property was built in 1959. 1128 21st St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

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