NOT LISTED FOR SALE
12 Beds
6 Baths
4,397 Sq Ft
9,388 Sq Ft Lot

Last Sold October 24, 2023

Last sale price $2,292,500 $521 Per Sq Ft

15 Days on Market

About This Home

As of October 2023

4 Large Units + 1 Separate Owners Unit located in the heart of Santa Monica nested between Santa Monica Blvd and Colorado Blvd this property boasts 3 bedroom and 2 bedroom units across 4,397 SF. Originally constructed in 1939, units have been renovated by current ownership and meticulously maintained. The offering presents an astute investor with the opportunity to acquire a unique and very well maintained property in one the primer beach cities in California.

Last Agent to Sell the Property

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641 Listed on: 06/26/2023

REMAX COMMERCIAL & INVESTMENT REALTY

Last Buyer's Agent

David Schuchman

Roque & Mark Company, Inc. License #01472937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 9,388

Home Design

  • Split Level Home

Interior Spaces

  • 4,397 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Additional Features

  • 9,388 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-024-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4397
  • Lot Acreage: 0.2155
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 534.46

Exterior Features

  • Other Structures: Accessory Bldgs

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Driveway - Combination
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 35.48
  • Assessed Improvement Value: 577942
  • Assessed Land Percent: 64.52
  • Assessed Land Value: 1050811
  • Total Assessed Value: 1628753
  • Assessor Parcel Number: 4267-024-015
  • Lot Size Area: 9388

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.70
  • Number Of Units: 5
  • Total Annual Expense: 38475
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Range of Values:

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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
10/24/2023 10/24/23 Sold $2,292,500 -2.4% $521 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $2,350,000 -- $534 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-284665

The MLS