NOT LISTED FOR SALE

1531 Stanford St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $2,406,000 - $4,350,855

6 Beds
5 Baths
3,212 Sq Ft
$981/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $1,650,000 $514 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $20,217/month

30 Days on Market

Highlights

  • Spanish Architecture
  • Central Heating
  • 4 Car Garage
  • McKinley Elementary School Rated A

About This Home

As of June 2012

Stunning Spanish style fourplex. Strong rents for your investor clients. Unique layout, perfect for owner-users. Front unit is a stand-alone, 3+2 house that was completely redone in 2008. The house features an open floor plan, tons of style and great light. It sits on an approximately 4,500 square foot pad, which is gated and very private. Upgrades include a new roof, central heat, new kitchen, new bathrooms, hardwood floors, recessed lighting and French doors. Three 1+1 units in the rear. Two were totally remodeled. The downstairs unit has no shared walls and a large, private yard. 4 garages and laundry on site. No deferred maintenance. Easy to manage. Do not disturb tenants.

Last Agent to Sell the Property

Scott Ezra

Rootstock Investment Group, Inc. License #01791168 Listed on: 04/04/2012

Last Buyer's Agent

Audrey Judson

License #00872303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,724

Year Built

  • Built in 1928

Lot Details

  • 8,124 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,212 Sq Ft Home
  • Spanish Architecture

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4267-026-013

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,724

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3212
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 3
  • Number Disposal: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor
  • Price Per S Q F T: 527.71

Exterior Features

  • Number Patio: 2
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Covered Parking: 4
  • Number Rented Garages: 4
  • Parking Garage: Private Garage
  • Total Parking: 4

Utilities

  • Heating: Central, Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Expense: 2968.00

Fee Information

  • Insurance Expense: 1910.00
  • Maintenance Expense: 3375.00
  • Trash Expense: 900.00

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessed Improvement Value: 408000
  • Assessed Land Value: 994500
  • Assessor Parcel Number: 4267-026-013
  • Lot Size Area: 8124

Rental Info

  • Number Leased: 4
  • Monthly Gross Income: 112830.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Gross Scheduled Income: 112380.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 32225
  • Type Of Units: SFR, Apt
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 211875.00

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2014
Sold by
Tung Douglas Warren
Bought by
Warren T Properties Llc
Current Estimated Value
$3,332,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.38%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Warren T Properties Llc
Bought by
Tung Douglas Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.38%

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jun 18, 2012
Sold by
Fry Amanda Florence
Bought by
Tung Douglas Warren
Seller's Agent
Scott Ezra
Rootstock Investment Group, Inc.
Buyer's Agent
Audrey Judson
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 30, 2012
Sold by
1531 Stanford Street Llc
Bought by
Warren T Properties Llc
Seller's Agent
Scott Ezra
Rootstock Investment Group, Inc.
Buyer's Agent
Audrey Judson
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 10, 2012
Sold by
Lynn Ezra Scott and Lynn Ezra Stacy
Bought by
1531 Stanford Street Llc
Seller's Agent
Scott Ezra
Rootstock Investment Group, Inc.
Buyer's Agent
Audrey Judson
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%

Purchase Details

Closed on
Oct 3, 2007
Sold by
Abraham Timm and Lopez April Dawn Abraham
Bought by
Lynn Ezra Scott and Lynn Ezra Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1998
Sold by
Irene L Abraham Trust and Dale
Bought by
Abraham Timm and Lopez April Dawn Abraham
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
Warren T Properties Llc -- None Available
Tung Douglas Warren -- Usa National Title Co
Tung Douglas Warren -- Usa National Title Co
Tung Douglas Warren -- Usa Title
Warren T Properties Llc $1,650,016 Usa Title
1531 Stanford Street Llc -- Usa Title
Lynn Ezra Scott $1,375,000 Multiple
Abraham Timm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tung Douglas Warren $800,000
Previous Owner Lynn Ezra Scott $999,999
Previous Owner Abraham April D $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $1,650,000 -2.7% $514 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $1,695,000 -- $528 / 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 $24,724 $2,072,485 $1,450,742 $621,743
2024 $24,724 $2,031,849 $1,422,297 $609,552
2023 $24,330 $1,992,009 $1,394,409 $597,600
2022 $24,025 $1,952,951 $1,367,068 $585,883
2021 $23,425 $1,914,659 $1,340,263 $574,396
2020 $23,265 $1,895,028 $1,326,521 $568,507
2019 $23,030 $1,857,871 $1,300,511 $557,360
2018 $21,632 $1,821,443 $1,275,011 $546,432
2016 $20,837 $1,750,715 $1,225,501 $525,214
2015 $20,567 $1,724,418 $1,207,093 $517,325
2014 $20,292 $1,690,640 $1,183,448 $507,192
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Ezra

    Rootstock Investment Group, Inc.

    Section Image

  • A

    Buyer's Agent in 2012

    Audrey Judson

See All Agents

Map

Source: The MLS

MLS Number: 12-591909

The MLS

APN: 4267-026-013

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

1531 Stanford St, Santa Monica, CA

This home is located at 1531 Stanford St, Santa Monica, CA 90404 since 04 April 2012 and is currently estimated at $3,150,285, approximately $980 per square foot. This property was built in 1928. 1531 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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