NOT LISTED FOR SALE

1511 16th St Unit 201 Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $977,000 - $1,131,000

2 Beds
1 Bath
926 Sq Ft
$399/mo HOA Fee

Last Sold March 29, 2023

Last sale price $948,000 $1,024 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,096/month

45 Days on Market

Highlights

  • Gated Parking
  • 2-minute walk to 17 St/ Smc
  • City Lights View
  • McKinley Elementary School Rated A
  • Gated Community
  • Living Room with Fireplace

About This Home

As of March 2023

Experience the Wow factor with this bright and airy 2 bed, 1 bath loft-style unit boasting an open concept living space with high 17 ft ceilings and an abundance of natural light flooding the unit. The spacious living area features a wall of floor-to-ceiling windows offering breathtaking views of the surroundings, while the kitchen with Caesarstone countertops and stainless steel appliances opens up to the living space. The primary bedroom with high ceilings includes a bonus loft area perfect for a home office, gym or guest room. Dual vanities and shower/tub complete the large bathroom. Also includes 2 secured parking spaces, storage, and a large sun deck with stunning views from the Getty Museum to the Pacific Ocean. Move-in ready, located near Co-Opportunity Health Food Market and Metro Train Station, with a 30-minute ride to USC during rush hour. Ideal Pied--terre!

Last Agent to Sell the Property

Drew Glickman

eXp Realty of Greater Los Angeles License #01493846 Listed on: 01/13/2023

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Naia Waters

Berkshire Hathaway HomeServices California Properties License #01823116

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,783

Year Built

  • Built in 1991

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $399 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 926 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4282-036-027

Community Details

Overview

  • 11 Units

Amenities

  • Sundeck
  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,783

Year Built

Built in 1991

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 1511 16th Street HOA
  • Entry Floor: 2
  • Living Area: 926
  • Lot Acreage: 0.1723
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1991
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Elevator, Garbage Disposal, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 1066.95

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance, Attached, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Elevator, Gated Community, Gated Parking, Onsite Property Management, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 399.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4282-036-027
  • Lot Size Area: 7506

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2018
Closed on
Oct 15, 2018
Sold by
Orang Monica Llc
Bought by
Boyden Lyna R and Lynn R Boyden Trust
Seller's Agent
Cindy Leight
No Firm Affiliation
List Price
$1,150,000
Sold Price
$960,000
Premium/Discount to List
-$190,000
-16.52%
Current Estimated Value
$1,048,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,950
Avg. Annual Appreciation
1.29%
Original Mortgage
$453,101
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 3, 2013
Sold by
Arleans Isa G D
Bought by
Orange Monica Llc
Seller's Agent
Cindy Leight
No Firm Affiliation
Buyer's Agent
Douglas Willits
Seven Gables Real Estate
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 11, 2013
Sold by
Djujich Radivaj
Bought by
Arleans Isa G D
Seller's Agent
Cindy Leight
No Firm Affiliation
Buyer's Agent
Douglas Willits
Seven Gables Real Estate
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%

Purchase Details

Closed on
Jun 27, 1997
Sold by
Grey Bleiberg Investments V
Bought by
Djujich Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.91%
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
Boyden Lyna R $960,000 Fidelity National Title Sher
Orange Monica Llc -- None Available
Arleans Isa G D $660,000 Stewart Title Of California
Djujich Ray $181,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyden Lyna R $453,101
Previous Owner Djujich Ray $140,388
Previous Owner Djujich Ray $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $948,000 -4.0% $1,024 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $988,000 +2.9% $1,067 / Sq Ft
12/04/2018 12/04/18 Sold $960,000 -16.5% $936 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $1,150,000 0.0% $1,121 / Sq Ft
03/21/2014 03/21/14 Rented $2,895 -17.2% --
03/21/2014 03/21/14 Under Contract -- -- --
11/30/2013 11/30/13 For Rent $3,495 0.0% --
10/16/2013 10/16/13 Sold $660,000 +1.5% $643 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $650,000 -- $634 / 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 $11,783 $986,298 $670,953 $315,345
2024 $11,783 $966,960 $657,798 $309,162
2023 $9,924 $810,764 $561,145 $249,619
2022 $9,840 $794,868 $550,143 $244,725
2021 $9,584 $779,283 $539,356 $239,927
2019 $9,084 $725,282 $510,335 $214,947
2018 $8,557 $711,062 $500,329 $210,733
2016 $8,241 $683,451 $480,901 $202,550
2015 $8,132 $673,186 $469,190 $203,996
2014 $8,023 $660,000 $464,400 $195,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-232351

The MLS

APN: 4282-036-027