NOT LISTED FOR SALE

Sea Colony 122 Ocean Park Blvd Unit 408 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,472,000 - $1,849,000

2 Beds
2 Baths
1,427 Sq Ft
4.5 Acres

Last Sold July 21, 2016

Last sale price $1,500,000 $1,051 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,092/month

30 Days on Market

Highlights

  • Ocean View
  • Steam Room
  • 24-Hour Security
  • John Muir Elementary School Rated A
  • Fitness Center
  • 2-minute walk to Beach Park #1

About This Home

As of July 2016

Elegant 4th floor 2-BR, 2-Bath, Ocean View Condo in Santa Monica's Sea Colony 3; 1427 SQFT. Highly sought after Sea Colony 3 Condo located immediately adjacent to Santa Monica Beach, on the corner of Ocean Park Blvd and Nielson Way in Santa Monica's desirable Ocean Park neighborhood. Ocean, City and Pools views from balcony, and living room. Two bedrooms, with Master Bath en-suite, balcony and fireplace in cozy living room. Wall to wall carpeting in living areas, fresh neutral carpeting and paint. Gourmet kitchen, granite counter tops, double oven, all appliances. Underground, side by side, secure parking for two cars. 24x7 security personal onsite. Tastefully furnished in contemporary style. Photos & panoramas may be viewed on virtual tour. Floorplan with dimensions available as PDF.

Last Agent to Sell the Property

Peter Sale

Spalding & Associates License #01424220 Listed on: 04/29/2016

Last Buyer's Agent

Randi Pollock

Equity Union License #01035913

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,302

Year Built

  • Built in 1987

Lot Details

  • 4.5

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,427 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Auto Driveway Gate
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 4288-021-123

Community Details

Overview

  • 154 Units
  • Horizon Management Association
  • Low-Rise Condominium
  • 6-Story Property

Amenities

  • Steam Room
  • Sauna
  • Meeting Room
  • Card Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,302

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Barnard Way HOA
  • Entry Floor: 4
  • Living Area: 1427
  • Planned Urban Dev: 1
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1987
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Dining, Living Room
  • Flooring: Carpet, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1051.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Community, Fenced, Heated And Filtered, In Ground
  • Pool: Yes
  • View: City Lights, Green Belt, Mountains, Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Door Opener, Driveway Gate, Gated Underground, Parking for Guests - Onsite

Utilities

  • Water District: Santa Monica
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air, Hot Water Circulator
  • Security: 24 Hour, Carbon Monoxide Detector(s), Gated Community with Guard, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Card Room, Conference, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community Guard, Gated Parking, Guest Parking, Onsite Property Management, Sauna, Steam Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 930.00
  • Management Company: Horizon Management

Lot Info

  • Special Zoning: Coastal Commission, Seismic Hazard
  • Assessor Parcel Number: 4288-021-123
  • Geocode Override: No
  • Lot Size Area: 196170

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 10, 2016
Sold by
Db Real Estate Investments Llc
Bought by
Goldchain Scott and Goldchain Daniele
Seller's Agent
Peter Sale
Spalding & Associates
Buyer's Agent
Randi Pollock
Equity Union
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%
Current Estimated Value
$1,728,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,573
Avg. Annual Appreciation
1.57%
Original Mortgage
$1,125,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2016
Sold by
Box David O and The David O Box 2005 Trust
Bought by
Db Real Estate Investments Llc

Purchase Details

Listed on
Sep 11, 2015
Closed on
Sep 18, 2015
Sold by
Db Real Estate Investments Llc
Bought by
Box David O and The David O Box 2005 Trust
Seller's Agent
Peter Sale
Spalding & Associates
Buyer's Agent
Wendy Moore
Compass
Sold Price
$5,500

Purchase Details

Listed on
Feb 20, 2014
Closed on
May 6, 2014
Sold by
Leavitt Joseph Korey and Leavitt Joseph Separate Proper
Bought by
Db Real Estate Investments Llc
Seller's Agent
Dana Cataldi
Compass
Buyer's Agent
Peter Sale
Spalding & Associates
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.93%
Original Mortgage
$1,260,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2014
Sold by
Leavitt Joseph Korey
Bought by
Leavitt Joseph Korey and Leavitt Joseph Separate Proper

Purchase Details

Closed on
May 5, 2005
Sold by
Grainge Niguel John
Bought by
Leavitt Joseph Korey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,600
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2003
Sold by
Geller Diane H
Bought by
Grainge Nigel John

Purchase Details

Closed on
Sep 16, 1997
Sold by
Newman Judith R
Bought by
Newman Alan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.75%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Newman Alan B
Bought by
Geller Diane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Goldchain Scott $1,500,000 Lawyers Title Company
Db Real Estate Investments Llc -- Accommodation
Box David O -- Accommodation
Db Real Estate Investments Llc $1,395,000 Chicago Title Company
Leavitt Joseph Korey -- None Available
Leavitt Joseph Korey $1,012,000 Fidelity National Title Co
Grainge Nigel John $745,000 Fidelity National Title
Newman Alan B -- Progressive Title Company
Geller Diane H $450,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldchain Scott $1,137,500
Closed Goldchain Scott $1,125,000
Previous Owner Db Real Estate Investments Llc $1,260,000
Previous Owner Leavitt Joseph Korey $806,108
Previous Owner Leavitt Joseph K $806,250
Previous Owner Leavitt Joseph Korey $809,600
Previous Owner Geller Diane H $250,000
Previous Owner Geller Diane H $100,000
Previous Owner Geller Diane H $200,000
Closed Leavitt Joseph Korey $101,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $1,500,000 0.0% $1,051 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/27/2016 05/27/16 Price Changed $1,500,000 +0.3% $1,051 / Sq Ft
05/03/2016 05/03/16 Price Changed $1,495,000 -14.6% $1,048 / Sq Ft
04/29/2016 04/29/16 For Sale $1,750,000 0.0% $1,226 / Sq Ft
09/25/2015 09/25/15 Rented $5,500 +10.1% --
09/23/2015 09/23/15 Under Contract -- -- --
09/22/2015 09/22/15 For Rent $4,995 0.0% --
09/18/2015 09/18/15 Under Contract -- -- --
09/16/2015 09/16/15 Price Changed $4,995 -9.2% $4 / Sq Ft
09/11/2015 09/11/15 For Rent $5,500 0.0% --
06/11/2014 06/11/14 Sold $1,395,000 0.0% $978 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $1,395,000 -- $978 / 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 $20,302 $1,740,872 $1,392,699 $348,173
2024 $20,302 $1,706,739 $1,365,392 $341,347
2023 $19,974 $1,673,274 $1,338,620 $334,654
2022 $19,724 $1,640,466 $1,312,373 $328,093
2021 $19,238 $1,608,301 $1,286,641 $321,660
2019 $18,913 $1,560,600 $1,248,480 $312,120
2018 $17,800 $1,530,000 $1,224,000 $306,000
2016 $16,940 $1,444,569 $1,155,656 $288,913
2015 $16,721 $1,422,871 $1,138,297 $284,574
2014 $13,684 $1,150,730 $1,023,380 $127,350
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Sale

    Spalding & Associates

    Section Image
  • Randi Pollock

    Buyer's Agent in 2016

    Randi Pollock

    Equity Union

    (310) 699-1050

    8 in this area

    11 Total Sales

    Randi Pollock
    Section Image
  • Wendy Moore

    Buyer's Agent in 2015

    Wendy Moore

    Compass

    (310) 496-9832

    22 Total Sales

    Wendy Moore
    Section Image
  • Dana Cataldi

    Seller's Agent in 2014

    Dana Cataldi

    Compass

    (310) 804-9207

    57 Total Sales

    Dana Cataldi
    Section Image
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About Sea Colony

Map

Source: The MLS

MLS Number: 16-121130

The MLS

APN: 4288-021-123

California Los Angeles County Santa Monica 90405 Ocean Park

122 Ocean Park Blvd Unit 408, Santa Monica, CA

This home is located at 122 Ocean Park Blvd Unit 408, Santa Monica, CA 90405 since 29 April 2016 and is currently estimated at $1,728,573, approximately $1,211 per square foot. This property was built in 1987. 122 Ocean Park Blvd Unit 408 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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