NOT LISTED FOR SALE

159 Fraser Ave Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $3,642,838 - $4,750,000

5 Beds
4 Baths
2,820 Sq Ft
$1,483/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $3,150,000 $1,117 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $25,574/month

123 Days on Market

Highlights

  • Craftsman Architecture
  • Maid or Guest Quarters
  • Wood Flooring
  • John Muir Elementary School Rated A
  • Living Room with Fireplace
  • 3-minute walk to Dorothy Green Park

About This Home

As of August 2020

Once in a lifetime opportunity to own a rare 1905 craftsman beach home on one of Santa Monica's most desirable walking streets. Come relax where the sun meets the sea. This home was extensively remodeled to include 5 bedrooms, 4 baths and a 4 car subterranean garage. Enjoy a 60 second walk to the beach or find yourself on trendy Main Street enjoying some of Santa Monica's best shopping and restaurants.

Last Agent to Sell the Property

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 03/30/2020

Co-Listed By

Zander Diamont

Compass License #02080188

Last Buyer's Agent

Li-Chwen Sy

License #00574402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,478

Year Built

  • Built in 1905

Lot Details

  • 3,325 Sq Ft Lot
  • Property is zoned SMR2R*

Parking

  • 5 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,820 Sq Ft Home
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Gym
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Home Security

  • Intercom
  • Alarm System

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4288-018-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,478

Year Built

Built in 1905

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2820
  • Year Built: 1905
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Hood Fan, Ice Maker, Intercom, Refrigerator
  • Price Per S Q F T: 1187.59

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Parking Garage: Garage - 4+ Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4288-018-021
  • Geocode Override: No
  • Lot Size Area: 3325

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Wilcox Family Trust and Wilcox John Gorden
Bought by
159 Fraser Avenue Llc
Current Estimated Value
$4,182,460

Purchase Details

Listed on
Mar 30, 2020
Closed on
Aug 5, 2020
Sold by
Reisman Edward S and Reisman Ellen K
Bought by
Wilcox John Gorden and Sy Joanne
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Li-Chwen Sy
List Price
$3,599,000
Sold Price
$3,150,000
Premium/Discount to List
-$449,000
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
May 7, 1996
Sold by
Suskin Martin
Bought by
Reisman Edward S and Reisman Ellen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,800
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
159 Fraser Avenue Llc -- None Listed On Document
Wilcox John Gorden $3,150,000 Fidelity National Title Co
Reisman Edward S $432,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reisman Edward S $1,024,000
Previous Owner Reisman Edward S $1,500,000
Previous Owner Reisman Edward S $1,000,000
Previous Owner Reisman Edward S $256,000
Previous Owner Reisman Edward S $345,800
Closed Reisman Edward S $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $3,150,000 -5.9% $1,117 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $3,349,000 -4.3% $1,188 / Sq Ft
07/06/2020 07/06/20 Price Changed $3,499,000 -2.8% $1,241 / Sq Ft
03/30/2020 03/30/20 For Sale $3,599,000 -- $1,276 / 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 $39,478 $3,409,658 $2,161,615 $1,248,043
2024 $39,478 $3,342,803 $2,119,231 $1,223,572
2023 $38,849 $3,277,259 $2,077,678 $1,199,581
2022 $38,381 $3,213,000 $2,036,940 $1,176,060
2021 $37,461 $3,150,000 $1,997,000 $1,153,000
2020 $11,578 $927,583 $383,544 $544,039
2019 $11,455 $909,396 $376,024 $533,372
2018 $10,750 $891,565 $368,651 $522,914
2016 $10,330 $856,946 $354,337 $502,609
2015 $10,193 $844,075 $349,015 $495,060
2014 $10,054 $827,542 $342,179 $485,363
Source: Public Records

Agents Affiliated with this Home

  • Cindy Ambuehl

    Seller's Agent in 2020

    Cindy Ambuehl

    Christie's International Real Estate SoCal

    (310) 498-5259

    2 in this area

    122 Total Sales

    Cindy Ambuehl
    Section Image

  • Z

    Seller Co-Listing Agent in 2020

    Zander Diamont

    Compass

  • L

    Buyer's Agent in 2020

    Li-Chwen Sy

See All Agents

Map

Source: The MLS

MLS Number: 20-567632

The MLS

APN: 4288-018-021

California Los Angeles County Santa Monica 90405 Ocean Park

159 Fraser Ave, Santa Monica, CA

This home is located at 159 Fraser Ave, Santa Monica, CA 90405 since 30 March 2020 and is currently estimated at $4,182,460, approximately $1,483 per square foot. This property was built in 1905. 159 Fraser Ave is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams 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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