NOT LISTED FOR SALE

1421 Princeton St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,832,000 - $2,366,297

4 Beds
4.5 Baths
2,717 Sq Ft
$802/Sq Ft Est. Value

Highlights

  • Attached Guest House
  • Maid or Guest Quarters
  • Mediterranean Architecture
  • McKinley Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of August 2020

Coastal Mediterranean living in the heart of mid-city Santa Monica. This 4-bed, 5-bath luxury Villa offers indoor/outdoor living with secluded front and back yard areas perfect for lounging, and multiple work from home options including an attached guest suite with a separate entrance. Formal entry leads to open concept family room and dining area, where you can enjoy delicious meals prepared in the Gourmet Chefs Kitchen. Elegant living room opens up to the exclusive backyard. As you go up the spiral staircase you will find the main suite and bathroom with a soaking tub, walk-in closet, and balcony, 2 additional bedrooms with balconies and separate bathrooms, plus a bonus den area/office space with its own balcony. The 4th bedroom is located in the attached guest suite with its own living space and private entrance from outside. 3 detached 1bed/1bath units in the back. 6-month minimum lease term. Available furnished or unfurnished. Some furnishing may be excluded or replaced.

Last Agent to Rent the Property

Ripsime Barsamian

Engel & Völkers License #01991753 Listed on: 07/30/2020

Engel & Völkers

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,715

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 7,410 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Property is zoned SMR2*

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,717 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room on Second Floor
  • Living Room
  • Dining Area
  • Den
  • Bonus Room
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Additional Features

  • Open Patio
  • Attached Guest House
  • Central Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4267-020-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,715

Year Built

Built in 1922 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 15000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Coastal Mediterranean living in the heart of mid-city Santa Monica. This 4-bed, 5-bath luxury Villa offers indoor/outdoor living with secluded front and back yard areas perfect for lounging, and multiple work from home options including an attached guest suite with a separate entrance. Formal entry leads to open concept family room and dining area, where you can enjoy delicious meals prepared in the Gourmet Chefs Kitchen. Elegant living room opens up to the exclusive backyard. As you go up the spiral staircase you will find the main suite and bathroom with a soaking tub, walk-in closet, and balcony, 2 additional bedrooms with balconies and separate bathrooms, plus a bonus den area/office space with its own balcony. The 4th bedroom is located in the attached guest suite with its own living space and private entrance from outside. 3 detached 1bed/1bath units in the back. 6-month minimum lease term. Available furnished or unfurnished. Some furnishing may be excluded or replaced.
  • Lease Terms: 1-Year
  • Living Area: 2717
  • Lot Acreage: 0.1701
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Room, Laundry Area, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Refrigerator, Range/Oven, Intercom
  • Price Per S Q F T: 2.76

Exterior Features

  • Direction Faces: West
  • Guest House: Attached
  • Pool: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4267-020-015
  • Lot Size Area: 7410

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2003
Sold by
Martinez Pedro and Martinez Lorena
Bought by
Martinez Pedro and Cueva Lorena
Current Estimated Value
$2,180,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Martinez Maria
Bought by
Martinez Pedro and Martinez Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.97%

Purchase Details

Closed on
Jan 8, 1999
Sold by
Stearns David G and Stearns Richard J
Bought by
Martinez Pedro and Martinez Lorena

Purchase Details

Closed on
Feb 5, 1996
Sold by
Stearns David G
Bought by
Stearns David G and Stearns Richard J

Purchase Details

Closed on
Jan 31, 1996
Sold by
Stearns Phyllis
Bought by
Stearns David G

Purchase Details

Closed on
Nov 20, 1995
Sold by
First Bank National Assn
Bought by
Stearns David G

Purchase Details

Closed on
Sep 14, 1995
Sold by
Obrenski Timothy and First Bank National Assn
Bought by
First Bank National Assn and The United Mtg Securities Corp Conduit
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Pedro -- North American Title Co
Martinez Pedro -- North American Title Co
Martinez Pedro $475,000 Progressive Title Company
Stearns Richard J -- Progressive Title Company
Stearns David G -- --
Stearns David G -- Chicago Title Co
Stearns David G $280,000 Chicago Title Co
First Bank National Assn $235,839 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Pedro $1,250,000
Closed Cueva Lorena $801,950
Closed Cueva Lorena $801,950
Closed Martinez Pedro $784,000
Closed Martinez Pedro $368,000
Closed Martinez Pedro $380,000
Previous Owner Stearns David G $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Rented $7,700 +2.7% --
07/30/2020 07/30/20 For Rent $7,500 -- --
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 $15,715 $1,266,066 $671,335 $594,731
2024 $15,715 $1,241,242 $658,172 $583,070
2023 $15,466 $1,216,905 $645,267 $571,638
2022 $15,264 $1,193,045 $632,615 $560,430
2021 $14,857 $1,169,653 $620,211 $549,442
2020 $14,754 $1,157,661 $613,852 $543,809
2019 $14,602 $1,134,963 $601,816 $533,147
2018 $13,662 $1,112,710 $590,016 $522,694
2016 $13,122 $1,069,505 $567,106 $502,399
2015 $12,952 $1,053,441 $558,588 $494,853
2014 $12,796 $1,032,807 $547,647 $485,160
Source: Public Records

Agents Affiliated with this Home

  • Ripsime Barsamian

    Landlord's Agent in 2020

    Ripsime Barsamian

    Engel & Volkers Santa Monica

    (213) 280-0247

    18 Total Sales

    Ripsime Barsamian
    Section Image

  • S

    Tenant's Agent in 2020

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 20-611578

The MLS

APN: 4267-020-015

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

1421 Princeton St, Santa Monica, CA

This home is located at 1421 Princeton St, Santa Monica, CA 90404 since 30 July 2020 and is currently priced at $2,180,074. This property was built in 1922. 1421 Princeton 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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