NOT LISTED FOR SALE

121 Strand St Unit 4 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $697,000 - $1,102,000

1 Bed
1 Bath
601 Sq Ft
0.26 Acres

Last Sold March 14, 2014

Last sale price $650,000 $1,082 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,677/month

9 Days on Market

Highlights

  • 11,220 Sq Ft lot
  • Wood Flooring
  • Courtyard Views
  • John Muir Elementary School Rated A
  • Loft
  • 3-minute walk to Crescent Bay Park

About This Home

As of March 2014

Rare Santa Monica beach condominium. This 1 bedroom, 1 bath two- Level abode is sited steps from Ocean Park beach and a beach side neighborhood of $4,000,000 + homes. Numerous features include a top level balcony, first floor patio, stainless kitchen, washer/dryer in unit and parking. The complex offers bike and surfboard storage All of this just a stone's throw from the Urth caf, fine dining, shopping and yoga on Main Street. A perfect primary residence or pied a' terre for those who love ocean breezes and glorious sunsets. Saturday January 25th showing from 12-1pm. only and Tuesday January 28th from 12-1:30pm only

Last Agent to Sell the Property

Golda Savage

Bulldog Realtors, Inc. License #01308198 Listed on: 01/21/2014

Last Buyer's Agent

Golda Savage

Bulldog Realtors, Inc. License #01308198 Listed on: 01/21/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,624

Year Built

  • Built in 1947

Lot Details

  • 0.26

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room
  • Loft
  • Courtyard Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Driveway

Utilities

  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • Open Patio
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4289-022-097

Community Details

Overview

  • 14 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,624

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Street Number Display: Yes
  • Complex Name: 121 Strand Ave
  • Entry Floor: 1
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Tile, Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway

Utilities

  • Heating: Wall Gas
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 136.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4289-022-097
  • Geocode Override: No
  • Lot Size Area: 11220

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2014
Closed on
Feb 4, 2014
Sold by
Prunty Bryce
Bought by
Kohantel Arash and Kohanteb Mansour
Seller's Agent
Golda Savage
Bulldog Realtors, Inc.
Buyer's Agent
Golda Savage
Bulldog Realtors, Inc.
List Price
$667,000
Sold Price
$650,000
Premium/Discount to List
-$17,000
-2.55%
Current Estimated Value
$890,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,333
Avg. Annual Appreciation
2.79%
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2005
Sold by
Dipaolo Terri Lynne
Bought by
Prunty Bryce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,720
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2002
Sold by
121 Strand Avenue Llc
Bought by
Dipaolo Terri Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,100
Interest Rate
6.12%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Kohantel Arash $650,000 Fidelity Sherman Oaks
Prunty Bryce $516,000 Provident Title Company
Dipaolo Terri Lynne $319,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohanteb Arash $400,000
Closed Kohantel Arash $417,000
Previous Owner Prunty Bryce $412,720
Previous Owner Dipaolo Terri L $169,000
Previous Owner Dipaolo Terri Lynne $56,000
Previous Owner Dipaolo Terri Lynne $255,200
Previous Owner Dipaolo Terri Lynne $31,900
Previous Owner Dipaolo Terri Lynne $287,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $650,000 -2.5% $1,082 / Sq Ft
01/21/2014 01/21/14 For Sale $667,000 -- $1,110 / 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 $9,624 $796,800 $551,634 $245,166
2024 $9,624 $781,177 $540,818 $240,359
2023 $9,466 $765,861 $530,214 $235,647
2022 $9,339 $750,845 $519,818 $231,027
2021 $9,098 $736,124 $509,626 $226,498
2019 $8,938 $714,292 $494,511 $219,781
2018 $8,421 $700,287 $484,815 $215,472
2016 $8,114 $673,096 $465,990 $207,106
2015 $8,006 $662,987 $458,991 $203,996
2014 $6,069 $490,000 $391,700 $98,300
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Golda Savage

    Bulldog Realtors, Inc.

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Map

Source: The MLS

MLS Number: 14-731037

The MLS

APN: 4289-022-097

California Los Angeles County Santa Monica 90405 Ocean Park

121 Strand St Unit 4, Santa Monica, CA

This home is located at 121 Strand St Unit 4, Santa Monica, CA 90405 since 21 January 2014 and is currently estimated at $890,333, approximately $1,481 per square foot. This property was built in 1947. 121 Strand St Unit 4 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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