Seller's Agent in 2024
Richard Warren
RE/MAX
(310) 902-0084
2 in this area
19 Total Sales
122 Strand St Santa Monica, CA 90405
Ocean Park NeighborhoodEstimated Value: $1,656,000 - $2,578,000
0.14
Acre
$14,121,994
Price per Acre
6,093
Sq Ft Lot
Highlights
- Marina
- White Water Ocean Views
- Community Stables
- John Muir Elementary School Rated A
- Beach Access
- 4-minute walk to Crescent Bay Park
About This Lot
As of December 2024Rare development opportunity located in one of LA's most prestigious neighborhoods-Ocean Park. This rarely available development lot is ready to be built-Just steps away from famed Santa Monica beach, Santa Monica's main street with its trendy boutiques and restaurants. Maximize the potential of this rare lot and build to your heart's content with a little over 6,000 sq. ft. of prime A++ real estate. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, Malibu State Park, The Viceroy Hotel, 3rd Street Promenade and quaint Abbot Kinney neighborhood, this property is truly unique. Don't miss out on this rare opportunity! It doesn't get better than this! And, won't last long.
Last Agent to Sell the Property
Estate Properties Brokerage Phone: 310.902.0084 License #01518362 Listed on: 08/13/2024
Last Buyer's Agent
Estate Properties Brokerage Phone: 310.902.0084 License #01518362 Listed on: 08/13/2024
Property Details
Property Type
- Land
Lot Details
- 6,093 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned SMOP3*
Property Views
- White Water Ocean
- Coastline
- Peek-A-Boo
- Neighborhood
Home Design
- Planned Development
Location
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 4289023025
Community Details
Overview
- No Home Owners Association
- Foothills
- Mountainous Community
- Property is near a preserve or public land
- Property is near a ravine
Recreation
- Marina
- Fishing
- Park
- Dog Park
- Water Sports
- Community Stables
- Horse Trails
- Hiking Trails
- Bike Trail
- Beach Access
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2024
Closed on
Dec 6, 2024
Sold by
Wilshire Quinn Income Fund Reit Llc
Bought by
Strand & Ocean Llc
Seller's Agent
Richard Warren
Estate Properties
Buyer's Agent
Richard Warren
Estate Properties
List Price
$1,975,000
Sold Price
$1,600,000
Premium/Discount to List
-$375,000
-18.99%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$924,667
Avg. Annual Appreciation
21.79%
Purchase Details
Closed on
Jan 11, 2024
Sold by
Ashby Construction Company Inc
Bought by
Wilshire Quinn Income Fund Rei
Purchase Details
Listed on
Jul 19, 2021
Closed on
Mar 23, 2022
Sold by
Mav Partners Llc
Bought by
Ashby Construction Company Inc
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Emily Emerson
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,712,500
Premium/Discount to List
-$282,500
-9.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.04%
Original Mortgage
$4,500,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2018
Sold by
Mav Partners Llc
Bought by
Mav Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 30, 2014
Closed on
Sep 25, 2014
Sold by
Mavredakis John G
Bought by
Mav Partners Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Ted Craddock
List Price
$2,599,000
Sold Price
$2,350,000
Premium/Discount to List
-$249,000
-9.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%
Purchase Details
Listed on
May 30, 2014
Closed on
Jun 17, 2014
Sold by
Mansfield Dana Brian
Bought by
Mavredakis John G and Mavredakis Christie A
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Ted Craddock
List Price
$2,599,000
Sold Price
$2,350,000
Premium/Discount to List
-$249,000
-9.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 9, 2004
Sold by
Mansfield Dana Brian and Mansfield Dana Brian
Bought by
Mansfield Dana Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2002
Sold by
Mansfield Francesca D
Bought by
Mansfield Dana Brian
Purchase Details
Closed on
Oct 1, 2002
Sold by
Slevin Tim T
Bought by
Ganezer Daniel L and Ganezer Ariel
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strand & Ocean Llc | $1,600,000 | Chicago Title Company | |
| Strand & Ocean Llc | $1,600,000 | Chicago Title Company | |
| Wilshire Quinn Income Fund Rei | -- | First American Title | |
| Ashby Construction Company Inc | $2,712,500 | Orange Coast Title | |
| Mav Partners Llc | -- | Fidelity National Title | |
| Mav Partners Llc | -- | None Available | |
| Mavredakis John G | $2,350,000 | Old Republic Title Company | |
| Mansfield Dana Brian | -- | Southland Title Corporation | |
| Mansfield Dana Brian | -- | -- | |
| Ganezer Daniel L | $35,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ashby Construction Company Inc | $4,500,000 | |
| Previous Owner | Mav Partners Llc | $1,610,000 | |
| Previous Owner | Mavredakis John G | $1,610,000 | |
| Previous Owner | Mansfield Dana Brian | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,600,000 | 0.0% | $544 / Sq Ft | |
| 12/13/2024 12/13/24 | Sold | $1,600,000 | -19.0% | $16,000 / Sq Ft | View Prior Sale |
| 11/14/2024 11/14/24 | For Sale | $1,975,000 | 0.0% | $19,750 / Sq Ft | |
| 11/14/2024 11/14/24 | For Sale | $1,975,000 | 0.0% | $672 / Sq Ft | |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- | |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- | |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- | |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- | |
| 08/13/2024 08/13/24 | For Sale | $1,975,000 | 0.0% | $672 / Sq Ft | |
| 08/13/2024 08/13/24 | For Sale | $1,975,000 | -27.2% | $19,750 / Sq Ft | |
| 03/30/2022 03/30/22 | Sold | $2,712,500 | -4.7% | $922 / Sq Ft | View Prior Sale |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | Price Changed | $2,845,000 | -5.0% | $967 / Sq Ft | |
| 07/19/2021 07/19/21 | For Sale | $2,995,000 | +27.4% | $1,018 / Sq Ft | |
| 07/30/2014 07/30/14 | Sold | $2,350,000 | -9.6% | $799 / Sq Ft | View Prior Sale |
| 07/21/2014 07/21/14 | Pending | -- | -- | -- | |
| 05/30/2014 05/30/14 | For Sale | $2,599,000 | -- | $884 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $33,706 | $3,050,000 | $3,050,000 | -- |
| 2024 | $33,706 | $2,822,085 | $1,974,159 | $847,926 |
| 2023 | $33,168 | $2,766,750 | $1,935,450 | $831,300 |
| 2022 | $32,552 | $2,694,284 | $2,038,553 | $655,731 |
| 2021 | $31,812 | $2,641,456 | $1,998,582 | $642,874 |
| 2020 | $31,168 | $2,614,372 | $1,978,089 | $636,283 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Warren
-
Kerry Ann Sullivan
Seller's Agent in 2022
Kerry Ann Sullivan
Pardee Properties
(310) 621-2662
8 in this area
174 Total Sales
-
Tamra Pardee
Seller Co-Listing Agent in 2022
Tamra Pardee
Pardee Properties
(310) 907-6517
24 in this area
853 Total Sales
-
E
Buyer's Agent in 2022
Emily Emerson
Coldwell Banker Realty
-
Joshua Altman
Seller's Agent in 2014
Joshua Altman
Douglas Elliman of California, Inc.
(323) 610-0231
1 in this area
505 Total Sales
-
Matthew J. Altman
Seller Co-Listing Agent in 2014
Matthew J. Altman
Douglas Elliman of California, Inc.
(323) 791-9398
178 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24167655
APN: 4289-023-025
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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