NOT LISTED FOR SALE

1235 17th St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood
9 Beds
6 Baths
4,308 Sq Ft
7,484 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $2,330,000 $541 Per Sq Ft

22 Days on Market

About This Home

As of February 2018

Prime Santa Monica Investment property just off Wilshire Blvd. Four Bedroom House plus 5 one bedroom units with over 30% upside in rental income. This is a great opportunity for an owner user or for an income producing property in a Prime Santa Monica location. Perfect option for a 1031 exchange. Separately metered with on site laundry facility and parking. Close to restaurants and easy access to the freeways. Inside with accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Michael Springer

Compass License #01265333 Listed on: 11/14/2017

Compass

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Nadia Villarreal

Avenue 8, Inc. License #01267278

Avenue 8, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,484 Sq Ft Lot

Interior Spaces

  • 4,308 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4276-011-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4308
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 580.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 145246
  • Assessed Land Value: 425906
  • Assessor Parcel Number: 4276-011-014
  • Geocode Override: No
  • Lot Size Area: 7484

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 19.09
  • Number Of Units: 6
  • Rent Control: 100%
  • Total Annual Expense: 49731
  • Type Of Units: house/units
  • Vacancy Rate: 0%

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

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $2,330,000 -6.8% $541 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $2,500,000 -- $580 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Springer

    Seller's Agent in 2018

    Michael Springer

    Compass

    (310) 745-8569

    5 Total Sales

    Michael Springer
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2018

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    5 in this area

    917 Total Sales

    Tamra Pardee
    Section Image

  • N

    Buyer's Agent in 2018

    Nadia Villarreal

    Avenue 8, Inc.

    Section Image

  • N

    Buyer's Agent in 2018

    Nadia Nada Villarreal

    Sotheby's International Realty

See All Agents

Map

Source: The MLS

MLS Number: 17-289176

The MLS
California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

1235 17th St, Santa Monica, CA

This home is located at 1235 17th St, Santa Monica, CA 90404 since 14 November 2017. This property was built in 1956. 1235 17th St is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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