NOT LISTED FOR SALE

116 1/2 Pacific St Unit 1/2 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $2,474,000 - $2,709,000

3 Beds
3 Baths
1,950 Sq Ft
$1,331/Sq Ft Est. Value

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Laundry Room
  • John Muir Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Crescent Bay Park

About This Home

As of November 2021

PRICE ENHANCEMENT! PROPERTY NOW READY FOR MOVE IN! AWESOME OCEAN VIEWS FROM THE ROOF TOP DECK AND OUTDOOR KITCHEN! JUST STEPS FROM THE BEACH!! This 1950 square-foot town home unit has 3 bedroom, plus loft, 2 & 3/4 baths with private two car garage and sauna. This is the ideal gathering and entertainment home you have been looking for. The chef’s kitchen features stainless steel appliances, marble counter tops and its own outdoor deck. The family room boasts 20 foot ceilings, a wall of windows and an updated bathroom. The third floor loft is ideal for and office and / or playroom and also has its own deck. The master bedroom has a walk-in closet with an amazing en-suite bathroom, complete with double sinks. The remaining two bedrooms have plenty of closet space and share a full bathroom. This is a one-of-a-kind home, in a small four unit community, is located within walking distance to Main Street, local shopping, restaurants, playgrounds, a dog park, and all the excitement Santa Monica offers. Live, Work, Play! This town home unit is available for lease for 6 months or longer at $8,000 per month.

Last Agent to Rent the Property

Joseph Furnish

Lake Street Association, Inc. License #01290249 Listed on: 08/01/2021

Last Renter's Agent

Joseph Furnish

Lake Street Association, Inc. License #01290249 Listed on: 08/01/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $30,642

Year Built

  • Built in 1982

Lot Details

  • 5,607 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • 1,950 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $8,000
  • Rent includes trash collection, water
  • 6-Month Minimum Lease Term
  • Available 8/31/21
  • Tax Lot 1
  • Tax Tract Number 143
  • Assessor Parcel Number 4289022033

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$30,642

Year Built

Built in 1982

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-08-31
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 8000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 4289022033
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1950.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.85
  • Room Type: All Bedrooms Down, Master Suite

Exterior Features

  • View: City Lights, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5607.00
  • Lot Size Acres: 0.1287

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 6 Months
  • Lot Size Area: 5607.0000 Square Feet
  • Management Co: Lake Street Associates, Inc.
  • Management Co Phone: 8184278008
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 143-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2012
Sold by
Metz Jordon and Metz Sharon
Bought by
Metz Jordon and Metz Sharon
Current Estimated Value
$2,575,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2012
Sold by
Metz Jordon and Rapp Sharon M
Bought by
Metz Jordon and Rapp Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Aurora Loan Services Llc
Bought by
Metz Jordon and Rapp Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Hansard Willaim G
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 13, 2008
Sold by
Hansard William G
Bought by
Ocean View Real Estate Inc
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
Metz Jordon -- Old Republic Title Company
Metz Jordon -- Old Republic Title Company
Metz Jordon $801,500 Lsi Title Company
Aurora Loan Services Llc $975,000 Accommodation
Ocean View Real Estate Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Jordon $589,500
Closed Metz Jordon $625,500
Closed Metz Jordon $640,000
Previous Owner Hansard William G $1,000,000
Previous Owner Hansard William G $237,500
Previous Owner Hansard William G $937,500
Previous Owner Hansard William G $156,250
Previous Owner Hansard William G $120,000
Previous Owner Hansard William G $825,000
Previous Owner Hansard William G $100,000
Previous Owner Hansard William G $520,625
Previous Owner Hansard William G $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Rented $7,500 -6.3% --
10/31/2021 10/31/21 Price Changed $8,000 -5.9% $4 / Sq Ft
10/20/2021 10/20/21 Price Changed $8,500 -5.6% $4 / Sq Ft
08/21/2021 08/21/21 For Rent $9,000 0.0% --
08/12/2021 08/12/21 Under Contract -- -- --
08/01/2021 08/01/21 Price Changed $9,000 -10.0% $5 / Sq Ft
08/01/2021 08/01/21 For Rent $10,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,642 $2,645,249 $793,442 $1,851,807
2024 $30,642 $2,593,383 $777,885 $1,815,498
2023 $30,152 $2,542,533 $762,633 $1,779,900
2022 $11,915 $967,142 $599,289 $367,853
2021 $11,604 $948,180 $587,539 $360,641
2019 $11,401 $920,059 $570,113 $349,946
2018 $10,732 $902,020 $558,935 $343,085
2016 $10,325 $866,995 $537,232 $329,763
2015 $10,189 $853,973 $529,163 $324,810
2014 $10,047 $837,246 $518,798 $318,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21154283

California Regional Multiple Listing Service (CRMLS)

APN: 4289-022-033