NOT LISTED FOR SALE
26 Beds
29 Baths
19,141 Sq Ft
7,482 Sq Ft Lot

Sale Details

Date Sold: December 15, 2015

Last sale price $11,500,000 $601 Per Sq Ft

13 Days on Market

Highlights

  • Converted Garage
  • Forced Air Heating System
  • Controlled Entrance
  • Air Conditioning

About This Home

As of December 2015

What's not to love in Santa Monica? Year-round perfect temperatures, beautiful ocean side views everywhere you look, enough fun in the sun, swimming, fishing, boating and sight seeing at last a lifetime. Welcome to Santa Monica!
The property is moderated income not to exceed $82,500 per year
1 Bed and Studio comes with 1 parking spot.

Last Agent to Sell the Property

Marios Savvides

Marios C Savvides License #01040033 Listed on: 08/12/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 7,482

Home Design

  • 19,141 Sq Ft Home

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 29 Bathrooms

Parking

  • 32 Parking Spaces
  • Converted Garage
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Forced Air Heating System

Additional Features

  • Oven or Range
  • 7,482 Sq Ft Lot

Community Details

  • 29 Units
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 4291-005-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

7,482 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 19141
  • Manager Expense: 20496.00
  • Stories: 5
  • Year Built: 1999
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 26
  • Total Bathrooms: 29.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 616.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Controlled Entrance, Converted Garage
  • Total Parking: 32

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 9300.00
  • Heating: Forced Air
  • Water Expense: 7500.00

Fee Information

  • Elevator Expense: 1200.00
  • Gas Expense: 4800.00
  • Insurance Expense: 10000.00
  • Maintenance Expense: 11372.00
  • Management Expense: 18500.00

Lot Info

  • Assessed Improvement Value: 2512992
  • Assessed Land Value: 797170
  • Assessor Parcel Number: 4291-005-015
  • Geocode Override: No
  • Lot Size Area: 7482

Rental Info

  • Monthly Gross Income: 51475.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.10
  • Number Of Units: 29
  • Rent Control: 92
  • Type Of Units: 1 story

Tax Info

  • Tax Expense: 147500.00

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
Aug 12, 2015
Closed on
Nov 16, 2015
Sold by
Bought by
Seller's Agent
Marios Savvides
Marios C Savvides
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$11,800,000
Sold Price
$11,500,000
Premium/Discount to List
-$300,000
-2.54%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$11,500,000 Fidelity Sherman Oaks
$600,000 --
$430,000 Chicago Title Co
-- Chicago Title Co
-- Chicago Title Co
$98,000 Chicago Title Co
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 $7,000,000
Previous Owner $3,420,000
Previous Owner $124,326
Previous Owner $2,500,000
Previous Owner $2,400,000
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
03/05/2025 03/05/25 Off Market $2,427 -- --
02/11/2025 02/11/25 For Rent $2,427 0.0% --
02/04/2025 02/04/25 Off Market $2,427 -- --
09/26/2024 09/26/24 For Rent $2,427 0.0% --
12/15/2015 12/15/15 Sold $11,500,000 -2.5% $601 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $11,800,000 -- $616 / 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 $170,455 $13,613,667 $6,102,474 $7,511,193
2024 $160,060 $13,346,733 $5,982,818 $7,363,915
2023 $157,592 $13,085,033 $5,865,508 $7,219,525
2022 $155,797 $12,828,465 $5,750,499 $7,077,966
2021 $152,181 $12,576,928 $5,637,745 $6,939,183
2019 $149,772 $12,203,891 $5,470,527 $6,733,364
2018 $141,060 $11,964,600 $5,363,262 $6,601,338
2016 $135,775 $11,500,000 $5,155,000 $6,345,000
2015 $43,429 $3,376,298 $813,097 $2,563,201
2014 $42,913 $3,310,162 $797,170 $2,512,992
Source: Public Records

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Map

Source: The MLS

MLS Number: 15-931889

The MLS
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