NOT LISTED FOR SALE

1508 Stanford St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood
14 Beds
12 Baths
5,712 Sq Ft
8,119 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $3,045,000 $533 Per Sq Ft

20 Days on Market

About This Home

As of July 2018

Prime Santa Monica renovated Mid-century built in 1957. Great mix of four, 2bed 2bath and two, 3bed 2bath. Property shows Pride of ownership with lots of upgrades including 4 remodeled units with updated kitchens & baths, stainless steel appliances, hardwood floors and granite counter tops. Heaters have been replaced in all 6 units. The exterior has been repainted. Copper plumbing including main line to street. Laundry room...machines owned by sellerapprox. $1,100+ additional yearly income. Easy walk to shops & restaurants. No soft story issue. Note: All income and expense are actual...Expenses and CAP rate based on Property taxes at Sales price. *Please do not disturb tenants or walk property. Showings upon acceptance of offer. Buyers to cooperate with seller's 1031 exchange at no cost to Buyer.

Last Agent to Sell the Property

Ron Goldhammer

Berkshire Hathaway HomeServices California Properties License #01173657 Listed on: 05/07/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Ariella Banayan

Coldwell Banker Realty License #02024586

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,119

Parking

  • 10 Car Garage
  • 5 Attached Carport Spaces
  • Driveway

Interior Spaces

  • 5,712 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Additional Features

  • 8,119 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-025-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Prime Santa Monica renovated Mid-century built in 1957. Great mix of four, 2bed 2bath and two, 3bed 2bath. Property shows Pride of ownership with lots of upgrades including 4 remodeled units with updated kitchens & baths, stainless steel appliances, hardwood floors and granite counter tops. Heaters have been replaced in all 6 units. The exterior has been repainted. Copper plumbing including main line to street. Laundry room...machines owned by sellerapprox. $1,100+ additional yearly income. Easy walk to shops & restaurants. No soft story issue. *Please do not disturb tenants or walk property. Showings upon acceptance of offer. Buyers to cooperate with seller's 1031 exchange at no cost to Buyer. To see please call Ronald @ 310-927-5222 or email at ronaldgoldhammer@mac.com
  • Living Area: 5712
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 542.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 5
  • Garage Spaces: 10
  • Garage Structures: 5
  • Parking Garage: Carport Attached, Driveway
  • Total Parking: 10

Utilities

  • Electric Expense: 2045.00
  • Heating: Wall Gas
  • Water Expense: 3650.00

Fee Information

  • Insurance Expense: 1901.00
  • Maintenance Expense: 4541.00
  • Management Expense: 500.00
  • Other Expense: 115.00

Lot Info

  • Assessed Improvement Value: 667329
  • Assessed Land Value: 914240
  • Assessor Parcel Number: 4267-025-005
  • Geocode Override: Yes
  • Lot Size Area: 8119

Rental Info

  • Total Actual Rent: 160344.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 19.33
  • Number Of Units: 6
  • Total Annual Expense: 54433
  • Type Of Units: Flat
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 37800.00

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

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $3,045,000 -1.8% $533 / Sq Ft
05/07/2018 05/07/18 For Sale $3,100,000 -- $543 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ron Goldhammer

    Seller's Agent in 2018

    Ron Goldhammer

    Berkshire Hathaway HomeServices California Properties

    (310) 927-5222

    18 Total Sales

    Ron Goldhammer
    Section Image
  • Ariella Banayan

    Buyer's Agent in 2018

    Ariella Banayan

    Coldwell Banker Realty

    (310) 405-9192

    4 Total Sales

    Ariella Banayan
    Section Image

  • C

    Buyer Co-Listing Agent in 2018

    Craig O'Rourke

See All Agents

Map

Source: The MLS

MLS Number: 18-339898

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

1508 Stanford St, Santa Monica, CA

This home is located at 1508 Stanford St, Santa Monica, CA 90404 since 07 May 2018. This property was built in 1959. 1508 Stanford 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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