NOT LISTED FOR SALE

1511 16th St Unit 203 Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $914,000 - $1,127,000

2 Beds
1 Bath
1,131 Sq Ft
$905/Sq Ft Est. Value

About This Home

2BR 2BATH with 2 underground parking spaces.

1511 16th Street, Santa Monica, CA 90404

$5,250/ Month

Newly renovated/modern/2-story condo with in-unit laundry and underground parking.
Elevator access
Bamboo Hardwood Floors
Cooks Kitchen with Stainless Appliances
Private Balcony
Dishwasher
Central AC/Heat
Gas Fireplace
In Unit Washer/ Dryer
Controlled Access Garage Parking x 2 Vehicles 18’ Ceilings
Communal rooftop deck with views to the ocean
This unit is located on 16th Street, between Broadway and Colorado in the heart of the Santa Monica Arts district. It's a quiet, safe, and friendly neighborhood with excellent transit options—great freeway access/light rail/bike friendly/walking distance to some of the best coffee/bars/restaurants/co-op market that Santa Monica has to offer.

Santa Monica – Malibu Unified School District

- 1 Year+ Lease
- No Smoking
- Pet Disclosure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2020
Sold by
Callaghan John
Bought by
Callaghan John and The Hillhurst Trust
Current Estimated Value
$1,023,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$243,232
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$796,246

Purchase Details

Closed on
Apr 1, 2009
Sold by
Callaghan John and Callaghan John S
Bought by
Callaghan John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Suh Jung B
Bought by
Callaghan John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Siegel Steven J
Bought by
Suh Jung B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,400
Interest Rate
6.78%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Gray Bleiberg Investments V
Bought by
Siegel Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
8.32%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Purchase History

Date Buyer Sale Price Title Company
Callaghan John -- First American Title
Callaghan John -- First American Title Company
Callaghan John S $563,000 Equity Title Los Angeles
Suh Jung B $210,500 Progressive Title Company
Siegel Steven J $151,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callaghan John $350,000
Closed Callaghan John $353,000
Closed Callaghan John S $300,000
Previous Owner Suh Jung B $360,000
Previous Owner Suh Jung B $100,000
Previous Owner Suh Jung B $163,000
Previous Owner Suh Jung B $168,400
Previous Owner Siegel Steven J $11,800
Previous Owner Siegel Steven J $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Off Market $5,250 -- --
11/25/2024 11/25/24 Price Changed $5,250 +5.0% $5 / Sq Ft
11/22/2024 11/22/24 For Rent $5,000 -- --

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 $8,920 $739,497 $457,887 $281,610
2024 $8,920 $724,998 $448,909 $276,089
2023 $8,773 $710,783 $440,107 $270,676
2022 $8,652 $696,847 $431,478 $265,369
2021 $8,422 $683,184 $423,018 $260,166
2019 $8,272 $662,922 $410,472 $252,450
2018 $7,791 $649,924 $402,424 $247,500
2016 $7,497 $624,690 $386,799 $237,891
2015 $7,397 $615,307 $380,989 $234,318
2014 $7,297 $603,255 $373,526 $229,729
Source: Public Records

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