NOT LISTED FOR SALE

1301 Palisades Beach Rd Santa Monica, CA 90401

Downtown Santa Monica Neighborhood

Estimated Value: $4,459,000 - $4,865,506

3 Beds
3 Baths
1,298 Sq Ft
$3,624/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $3,400,000 $2,619 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $27,090/month

64 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 1-Story Property
  • Roosevelt Elementary School Rated A+
  • Cottage

About This Home

As of October 2018

Amazing opportunity to buy an oceanfront bungalow directly on the world famous Santa Monica boardwalk. Currently setup as two separate dwellings with a yard in between. Perfect opportunity to sit back and collect rental income or enjoy an under-built beach house until receiving the plans and permits to build your dream home. Incredible location with instant access to beach, sand, surf, restaurants, shopping, and more. Property is being sold for land value. Showings are only scheduled with an accepted offer. Seller has started the demo permit process and has passed landmark committee(property is not zoned historical landmark).

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 06/05/2018

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 06/05/2018

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,625

Year Built

  • Built in 1930

Lot Details

  • 2,511 Sq Ft Lot
  • Property is zoned SMR2B*

Home Design

  • Cottage

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4291-031-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,625

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1298
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 2812.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4291-031-043
  • Geocode Override: No
  • Lot Size Area: 2511

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 28, 2018
Sold by
Weyand John and Hill Susan E
Bought by
Watters John and Wpba Trust
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
David Solomon
Douglas Elliman of California, Inc.
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Current Estimated Value
$4,283,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,897
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Mar 19, 2013
Sold by
Weyand John F and Hill Susan E
Bought by
Weyand John and Hill Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Weyand John F and Hill Susan E
Bought by
Weyand John F and Hill Susan E

Purchase Details

Closed on
Apr 16, 2004
Sold by
Weyand John and Weyand Robert D
Bought by
Weyand John and Hill Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1996
Sold by
Weyand Robert
Bought by
Weyand Robert D and Weyand Carole E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watters John $3,400,000 Lawyers Title Insurance Comp
Weyand John -- Westminster Title Company
Weyand John F -- Westminster Title Company
Weyand John F -- None Available
Weyand John F -- None Available
Weyand John -- New Century Title
Weyand Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weyand John F $297,000
Previous Owner Weyand John $310,000
Previous Owner Weyand John $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $3,400,000 -6.8% $2,619 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $3,650,000 -- $2,812 / 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 $43,625 $3,792,760 $3,346,555 $446,205
2024 $43,625 $3,718,393 $3,280,937 $437,456
2023 $42,928 $3,645,484 $3,216,605 $428,879
2022 $42,416 $3,574,005 $3,153,535 $420,470
2021 $41,414 $3,503,927 $3,091,701 $412,226
2020 $41,136 $3,468,000 $3,060,000 $408,000
2019 $6,123 $463,262 $440,117 $23,145
2018 $5,749 $454,180 $431,488 $22,692
2016 $5,525 $436,546 $414,734 $21,812
2015 $5,450 $429,990 $408,505 $21,485
2014 $5,397 $421,568 $400,503 $21,065
Source: Public Records

Agents Affiliated with this Home

  • David Solomon

    Seller's Agent in 2018

    David Solomon

    Douglas Elliman of California, Inc.

    (310) 633-4922

    6 in this area

    166 Total Sales

    Section Image
  • Anna Solomon

    Seller Co-Listing Agent in 2018

    Anna Solomon

    Douglas Elliman of California, Inc.

    (310) 866-9306

    6 in this area

    169 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-351586

The MLS

APN: 4291-031-043

California Los Angeles County Santa Monica 90401 Downtown Santa Monica

1301 Palisades Beach Rd, Santa Monica, CA

This home is located at 1301 Palisades Beach Rd, Santa Monica, CA 90401 since 05 June 2018 and is currently estimated at $4,703,502, approximately $3,623 per square foot. This property was built in 1930. 1301 Palisades Beach Rd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes