
1533 Yale St Santa Monica, CA 90404
Mid-City Santa Monica NeighborhoodEstimated payment $15,323/month
Highlights
- Converted Garage
- Central Heating and Cooling System
- Laundry Facilities
- McKinley Elementary School Rated A
- Ceiling Fan
About This Home
Excellent investment opportunity with strong future income potential through renovations and possible expansion. Located on a quiet, tree-lined street in a highly sought-after neighborhood with top-rated schools, this well-maintained property offers charm and stability. Enjoy a peaceful central courtyard - ideal for relaxing, reading, or a morning coffee. The property consists of three 2 bed/1 bath units and three 1 bed/1 bath units, all occupied by reliable long-term tenants. Each unit is separately metered for gas and electricity and comes with garage or covered parking. Possible to build ADU in the courtyard. Please do not disturb tenants. Please ask agent for tenancy's situation. Buyer to independently verify square footage and all property details. Subject to inspection.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,795
Year Built
- Built in 1957
Lot Details
- 8,140 Sq Ft Lot
- Lot Dimensions are 50x163
- Sprinkler System
Interior Spaces
- 4,851 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Leased Washer and Dryer
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- Converted Garage
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4267-025-015
Community Details
Overview
- 2 Buildings
- 6 Units
- Person Realty, Inc.. Association
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $34,795 | $2,925,488 | $2,164,864 | $760,624 |
2024 | $34,795 | $2,868,126 | $2,122,416 | $745,710 |
2023 | $34,248 | $2,811,889 | $2,080,800 | $731,089 |
2022 | $33,834 | $2,756,754 | $2,040,000 | $716,754 |
2021 | $26,325 | $2,127,500 | $1,500,000 | $627,500 |
2020 | $17,900 | $1,398,511 | $1,033,650 | $364,861 |
2019 | $17,722 | $1,371,106 | $1,013,383 | $357,723 |
2018 | $16,665 | $1,344,238 | $993,513 | $350,725 |
2016 | $16,029 | $1,291,283 | $954,935 | $336,348 |
2015 | $15,825 | $1,271,887 | $940,591 | $331,296 |
2014 | $15,645 | $1,246,974 | $922,167 | $324,807 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | For Sale | $2,280,000 | +7.2% | $470 / Sq Ft |
11/18/2020 11/18/20 | Sold | $2,127,500 | -0.8% | $439 / Sq Ft |
09/25/2020 09/25/20 | Pending | -- | -- | -- |
08/03/2020 08/03/20 | For Sale | $2,145,000 | -- | $442 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,703,000 | Chicago Title Co Com Div | |
Interfamily Deed Transfer | -- | North American Title Company | |
Grant Deed | $2,127,500 | North American Title Company | |
Grant Deed | -- | None Available | |
Quit Claim Deed | -- | Lawyers Title Company | |
Interfamily Deed Transfer | -- | Lawyers Title Company | |
Interfamily Deed Transfer | -- | Lawyers Title Company | |
Grant Deed | $1,246,500 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $900,000 | Construction | |
Previous Owner | $750,100 | Commercial | |
Previous Owner | $750,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $750,000 | Negative Amortization | |
Previous Owner | $1,800,000 | Commercial |
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Source: The MLS
MLS Number: 25559723

APN: 4267-025-015
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