NOT LISTED FOR SALE

Estimated Value: $2,767,000 - $4,325,000

3 Beds
2 Baths
1,685 Sq Ft
$2,132/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $3,425,000 $2,033 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $22,845/month

15 Days on Market

Highlights

  • Ocean View
  • Room in yard for a pool
  • No HOA
  • Will Rogers Elementary Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2022

An ocean view lot this size in Sunset Park is a rare commodity, but after a lifetime of being loved by the same family this trophy property is now available to be claimed by its new owners! The modest home sits on a magnificent lot of approximately 12,000 square feet on what many consider to be the most desirable street in the neighborhood. The lot measures 84' x 138' and is one of the largest in the neighborhood as a result of 2 parcels being tied together. Remodel the existing home and add a second story or build your dream home with sweeping ocean views from Palos Verdes to Catalina and beyond. Santa Monica's building rules mean if you want to build a bigger home you need a bigger lot , there's plenty of room for that here as well as an ADU and Jr. ADU, swimming pool and STILL have yard space to entertain and play. With a little TLC the existing home could be a great place to live while you work on plans for the home of your dreams. Just over a mile to the beach this home is filled with natural light and ocean breezes. In close proximity to Santa Monica's much sought after public schools, and all the great stores and restaurants on Ocean Park, Main Street and Abbott Kinney this location can't be beat. It's been over 25 years since a comparable lot was available for sale in Sunset Park ... don't miss out and risk having to wait another 25 years ... these lots are extremely rare!

Last Agent to Sell the Property

Janet Heinzle

Douglas Elliman of California, Inc. License #02080077 Listed on: 08/26/2022

Douglas Elliman of California, Inc.

Last Buyer's Agent

Alice Cannington

The Agency License #01957601

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,420

Year Built

  • Built in 1946

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88 x 138
  • Fenced Yard
  • Back and Front Yard
  • Property is zoned SMR1*

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Peek-A-Boo

Home Design

  • Bungalow
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 1,685 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

  • Floor Furnace
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4285-026-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,420

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1685
  • Lot Acreage: 0.2676
  • Lot Dimensions: 88 x 138
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1946
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Vinyl
  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Built-Ins, Hood Fan, Washer, Range/Oven
  • Price Per S Q F T: 1896.14

Exterior Features

  • Other Structures: Other, Shed(s)
  • Pool Description: Room For
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Coastline, Catalina, Peek-A-Boo, Panoramic, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached, Private Garage, Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Floor
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4285-026-020
  • Lot Description: Back Yard, Fenced Yard, Front Yard
  • Lot Size Area: 11657

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Ferrer Santiago and Ferrer Andrea
Bought by
Ashland Del Mar Llc
Current Estimated Value
$3,592,964

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 21, 2022
Sold by
Exemption Trust
Bought by
Ferrer Santiago and Ferrer Andrea
Seller's Agent
Janet Heinzle
Douglas Elliman of California, Inc.
Buyer's Agent
Alice Cannington
The Agency
List Price
$3,195,000
Sold Price
$3,425,000
Premium/Discount to List
$230,000
7.2%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$3,082,157
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1999
Sold by
Family Trust Hirt Marguerite J Tr William F H
Bought by
Hirt Marguerite Jane and The William F Hirt Family Trust
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
Ashland Del Mar Llc $3,700,000 Progressive Title Company
Ferrer Santiago $3,425,000 Lawyers Title
Hirt Marguerite Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrer Santiago $3,082,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $3,425,000 +7.2% $2,033 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $3,195,000 -- $1,896 / 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 $44,420 $3,849,480 $3,079,584 $769,896
2024 $44,420 $3,774,000 $3,019,200 $754,800
2023 $40,531 $3,425,000 $2,618,100 $806,900
2022 $1,955 $138,973 $106,475 $32,498
2021 $1,894 $136,249 $104,388 $31,861
2019 $1,860 $132,210 $101,293 $30,917
2018 $1,694 $129,618 $99,307 $30,311
2016 $1,612 $124,586 $95,451 $29,135
2015 $1,591 $122,716 $94,018 $28,698
2014 $1,585 $120,313 $92,177 $28,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-183941

The MLS

APN: 4285-026-020