NOT LISTED FOR SALE
18 Beds
18 Baths
11,831 Sq Ft
9,827 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $4,300,000 $363 Per Sq Ft

31 Days on Market

About This Home

As of June 2018

13 units on National Blvd. adjacent to the city of Santa Monica consisting of eight 1+1s, four 2+1.75s (one of which is split-level) and one 2+2. Most of the units have been renovated in some fashion and feature a wall A/C unit, dishwasher and electric stove/range. Several units have a balcony and two have a front patio. The building was repiped with copper plumbing and horizontal sewage drains replaced in 2012, it is separately metered for electricity, has a laundry room (leased equipment) and intercom entry system. Covered parking is at the side and rear of the building and is subject to the LA Soft-Story Retrofit Program ordinance with an initial compliance date of 11/10/2018. This property is part of a larger Westside apartment building portfolio consisting in total of 99 units and listed for sale at $46.9M. Properties can be purchased together or separately. CLICK ON PRIVATE REMARKS FOR SALE PROCESS INFO.

Last Agent to Sell the Property

Joshua Johnson

Keller Williams Beverly Hills License #01824930 Listed on: 02/20/2018

Keller Williams Beverly Hills

Last Buyer's Agent

Joshua Johnson

Keller Williams Beverly Hills License #01824930 Listed on: 02/20/2018

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,827 Sq Ft Lot

Interior Spaces

  • 11,831 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Parking

  • 14 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 4257-019-044

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 11831
  • Probate: No
  • Stories: 2
  • Year Built: 1971
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 18.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 412.05

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 14

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 447113
  • Assessed Land Value: 130981
  • Assessor Parcel Number: 4257-019-044
  • Geocode Override: No
  • Lot Size Area: 9827

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.12
  • Number Of Units: 13
  • Rent Control: 100%
  • Total Annual Expense: 105037
  • Type Of Units: Income
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $4,300,000 -11.8% $363 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $4,875,000 -- $412 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-315788

The MLS