NOT LISTED FOR SALE

1212 Ocean Park Blvd Unit 5 Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $1,082,000 - $1,202,711

2 Beds
2 Baths
1,168 Sq Ft
$962/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $530,000 $454 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,384/month

Highlights

  • Fireplace
  • Laundry Room
  • Washer and Dryer
  • Will Rogers Elementary Rated A
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of April 2022

Serene condo home in the perfect location in Santa Monica is now available! This wood finished home comes with separate living and dining areas, and a cheerful, double-sided fireplace. Meal prep will be a delight in the newly renovated kitchen with brand new appliances at your disposal! Sliding glass doors keep this home sunkissed and warm, and open to a spacious patio perfect for morning coffee. Two relaxing bedrooms are available - each comes with easy access to a full bath! The master suite includes a walk-in closet as a bonus. Two garage parking spots plus underground parking for guests are also included. This home is conveniently located near the Big Blue Bus stops, and the Expo line station making commuting a breeze. Less than a mile from the beach, it is the perfect address for those who enjoy the ocean, as well as the shops and restaurants on Main street!

Last Agent to Rent the Property

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 02/12/2022

Last Renter's Agent

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 02/12/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,124

Year Built

  • 1996

Lot Details

  • 1,167 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,168 Sq Ft Home
  • Fireplace
  • Dining Area
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Security Deposit $4,400
  • Property Available on 2/12/22
  • 12-Month Minimum Lease Term

Community Details

Overview

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,124

Year Built

1996

Lot Details

0

Parking

2

Rental Info

  • Available: 02/12/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 4400

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Allowed
  • Age: 26
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1996

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher
  • Fireplace: Yes
  • Living Sq Ft: 1168
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Lot Acres: 0.0268
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1168.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1168.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2018
Sold by
Xu Edwin and Cai Yinghua Wei
Bought by
Cai Yinghua Wei
Current Estimated Value
$1,123,928

Purchase Details

Closed on
Dec 26, 2017
Sold by
Xu Edwin
Bought by
Xu Edwin and Cai Yinghua Wei

Purchase Details

Closed on
Oct 1, 2016
Sold by
Lin Zong Wei Lin
Bought by
Lin Zong Wei Lin and Xu Edwin

Purchase Details

Listed on
May 11, 2012
Closed on
Sep 17, 2012
Sold by
1212 Ocean Park Boulevard #5 Llc
Bought by
Lin Zong Wei Lin
Seller's Agent
Monty Iceman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Victoria Conway
Britt Cooper, Broker
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Warshawsky David Alan and Daw Trust
Bought by
1212 Ocean Park Boulevard #5 Llc

Purchase Details

Closed on
Jan 19, 2005
Sold by
Derketsch Lisa
Bought by
Warshawsky David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1997
Sold by
1212 Ocean Park Blvd Llc
Bought by
Derketsch Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
7.3%
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
Cai Yinghua Wei -- None Available
Xu Edwin -- None Available
Lin Zong Wei Lin -- None Available
Lin Zong Wei Lin $530,000 California Title Company
1212 Ocean Park Boulevard #5 Llc -- None Available
Warshawsky David A $600,000 Stewart Title Of Ca Inc
Derketsch Lisa $224,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warshawsky David A $480,000
Previous Owner Derketsch Lisa $143,500
Previous Owner Derketsch Lisa A $214,000
Previous Owner Derketsch Lisa A $190,000
Previous Owner Derketsch Lisa $201,000
Closed Warshawsky David A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Rented $4,400 0.0% --
03/18/2022 03/18/22 Under Contract -- -- --
02/25/2022 02/25/22 Price Changed $4,400 -5.4% $4 / Sq Ft
02/12/2022 02/12/22 For Rent $4,650 0.0% --
11/07/2012 11/07/12 Sold $530,000 -1.7% $454 / Sq Ft
08/20/2012 08/20/12 Price Changed $539,000 -1.8% $461 / Sq Ft
08/08/2012 08/08/12 For Sale $549,000 +3.6% $470 / Sq Ft
07/30/2012 07/30/12 Off Market $530,000 -- --
07/10/2012 07/10/12 Price Changed $549,000 -1.8% $470 / Sq Ft
06/21/2012 06/21/12 Price Changed $559,000 -1.8% $479 / Sq Ft
06/12/2012 06/12/12 Price Changed $569,000 -1.0% $487 / Sq Ft
06/04/2012 06/04/12 Price Changed $575,000 -0.7% $492 / Sq Ft
05/11/2012 05/11/12 For Sale $579,000 -- $496 / Sq Ft
Source: MLSListings

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 $15,124 $1,276,640 $765,985 $510,655
2024 $15,124 $1,251,609 $750,966 $500,643
2023 $14,880 $1,227,069 $736,242 $490,827
2022 $14,690 $1,203,009 $721,806 $481,203
2021 $14,322 $1,179,421 $707,653 $471,768
2019 $14,078 $1,144,440 $686,664 $457,776
2018 $13,173 $1,122,000 $673,200 $448,800
2016 $6,702 $551,323 $341,925 $209,398
2015 $6,612 $543,042 $336,789 $206,253
2014 $6,525 $532,405 $330,192 $202,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81878096

MLSListings

APN: 4285-002-035