NOT LISTED FOR SALE

Estimated Value: $2,532,000 - $3,377,000

9 Beds
8 Baths
5,304 Sq Ft
$536/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2024

Last sale price $2,850,000 $537 Per Sq Ft

Current estimated payment $18,075 / mo

126 Days on Market

About This Home

As of July 2024

Don't miss this rare opportunity to own a one of a kind fourplex in a highly sought after Santa Monica neighborhood! This property boasts a front unit ideal for an owner-user, designed as a spacious 2-level townhouse with all the comforts of a home. The 3 bedroom & 2 bath unit features a large primary bedroom with sitting area and convenient ensuite bath on the first floor with the other two large bedrooms and one bath on the second floor all with ample closet space. A dedicated washer and dryer room with back door as well as a 1-car garage provides secure parking and storage space. The remaining 3 units each offer 2 bedrooms and 1.5 bathrooms with balcony. All 4 units have beautifully renovated open kitchens, stainless steel appliances, tile, wood flooring and overall fantastic layouts providing comfortable living spaces.. The property offers private gated entrances with keyless entry as well as a digital door lock for each unit. A shared laundry room on site adds convenience for all residents. The building underwent a seismic soft story retrofit in 2020. This property's ideal proximity to the area's finest amenities, from trendy shops and restaurants to parks and just a short distance to Whole Foods and Trader Joe's makes this the ideal lucrative investment and a place to call home.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 03/21/2024

Co-Listed By

Don Favia

Realty Investment Advisors, Inc. License #01841258

Last Buyer's Agent

Yar Meshkaty

Coldwell Banker Realty License #01060780

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,326 Sq Ft Lot

Interior Spaces

  • 5,304 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 4276-017-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

5,326 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5304
  • Lot Acreage: 0.1223
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 8.00
  • Equipment: Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 564.67

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Carport Attached, Garage - 1 Car
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 37.04
  • Assessed Improvement Value: 643876
  • Assessed Land Percent: 62.96
  • Assessed Land Value: 1094594
  • Total Assessed Value: 1738470
  • Assessor Parcel Number: 4276-017-029
  • Lot Size Area: 5326

Rental Info

  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.53
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jul 19, 2024
Sold by
Bought by
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Yar Meshkaty
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Views
33
Current Estimated Value
$2,845,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,806
Avg. Annual Appreciation
-0.09%
Original Mortgage
$1,000,000
Outstanding Balance
$987,964
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,857,230

Purchase Details

Closed on
Nov 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$2,850,000 Old Republic Title Company
-- None Available
-- None Available
-- First American Title Lenders
-- First American Title Lenders
-- None Available
-- None Available
-- Stewart Title
$820,000 Chicago Title Co
-- Stewart Title
-- Stewart Title
$750,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $2,850,000 -4.8% $537 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $2,995,000 0.0% $565 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $2,995,000 -- $565 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $35,702 $2,850,000 $2,500,000 $350,000
2024 $21,742 $1,773,238 $1,116,485 $656,753
2023 $21,398 $1,738,470 $1,094,594 $643,876
2022 $21,129 $1,704,383 $1,073,132 $631,251
2021 $20,587 $1,670,965 $1,052,091 $618,874
2019 $20,240 $1,621,406 $1,020,887 $600,519
2018 $18,989 $1,589,615 $1,000,870 $588,745
2017 $18,906 $1,558,447 $981,246 $577,201
2016 $18,257 $1,527,890 $962,006 $565,884
2015 $18,022 $1,500,000 $950,000 $550,000
2014 $17,785 $1,475,461 $928,995 $546,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-370605

The MLS

APN: 4276-017-029

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