NOT LISTED FOR SALE

1736 Ocean Park Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $3,303,269

0.16 Acre
$20,645,431 Price per Acre
7,027 Sq Ft Lot

Last Sold December 31, 2014

Last sale price $1,750,000

Est. 89% increase in value since last sale

Current estimated payment $20,200/month

38 Days on Market

About This Lot

As of December 2014

The property is a former 1,404 SF vacant liquor store situated on a nearly 7,000 (50x140) square foot parcel. It is zoned SMC2 and is located in a pedestrian friendly section of Sunset Park, a quaint Santa Monica neighborhood. The City of Santa Monica recently approved a conditional use permit for the property for a new restaurant that will expand the current structure to approximately a 2,500 square foot building with about 50 seats for indoor/outdoor dining. The approved CUP type 47 liquor license allows for the on-site consumption & off-site sale of alcohol. The property is being sold in its As-Is condition, with the CUP and Building Plans. This is an excellent opportunity for an owner-user or investor to own a property located in a high demand neighborhood where few properties come up for sale and where the barriers to entry are very present. Seller has a tenant in tow that will occupy the space as well.

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 09/09/2014

Keller Williams Beverly Hills

Co-Listed By

Tim Byrne

Compass License #01186465

Last Buyer's Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 09/09/2014

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,827

Lot Details

  • 7,027 Sq Ft Lot

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4285-006-004

Property Details

Property Type

Land

Est. Annual Taxes

$26,827

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4285-006-004
  • Geocode Override: No
  • Lot Size Area: 7027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2016
Sold by
Lkwb Ocean Park Blvd Llc
Bought by
Lkwb Ocean Park Blvd Llc
Current Estimated Value
$3,303,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,132,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 17, 2014
Sold by
1736 Ocean Park Blvd
Bought by
Lkwb Ocean Park Blvd
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Dario Svidler
Keller Williams Beverly Hills
List Price
$1,900,000
Sold Price
$1,750,000
Premium/Discount to List
-$150,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$1,100,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 19, 2013
Sold by
Jurong Inc
Bought by
1736 Ocean Park Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2011
Sold by
Kim Yong Kwan
Bought by
Jurong Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2007
Sold by
Kim Duk Min
Bought by
Kim Yong Kwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2007
Sold by
Helal Nazmul Haque and Johnson David Ernest
Bought by
Kim Yongkwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2003
Sold by
Johnson Annie Silvia
Bought by
Johnson David Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2003
Sold by
Hossain Khondaker Masud and Chowdhury Samim
Bought by
Helal Nazmul Haque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2000
Sold by
Chowdhury Redwana Rahman
Bought by
Chowdhury Samim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
8.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2000
Sold by
Aktar Bakul
Bought by
Helal Nazmul Haque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
8.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2000
Sold by
Trust Polisuk Lisa Tr Martin Polisuk Dec
Bought by
Hossain Khondoker Masud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lkwb Ocean Park Blvd Llc -- Ticor Title Company Of Ca
Lkwb Ocean Park Blvd $1,750,000 Chicago Title Company
1736 Ocean Park Blvd Llc $1,070,000 Chicago Title Company
Jurong Inc $635,000 Fidelity National Title
Kim Yong Kwan -- Stewart Title Company
Kim Yongkwan $1,100,000 Stewart Title Company
Johnson David Ernest -- Chicago Title Co
Helal Nazmul Haque -- Chicago Title Co
Helal Nazmul Haque $570,000 Chicago Title Co
Chowdhury Samim -- Progressive Title Company
Helal Nazmul Haque -- Progressive Title Company
Hossain Khondoker Masud $420,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lkwb Ocean Park Blvd Llc $2,326,310
Closed Lkwb Ocean Park Blvd Llc $1,132,000
Previous Owner Lkwb Ocean Park Blvd $1,100,000
Previous Owner Lkwb Ocean Park Blvd $1,375,000
Previous Owner 1736 Ocean Park Blvd Llc $535,000
Previous Owner Jurong Inc $50,000
Previous Owner Jurong Inc $535,000
Previous Owner Kim Yongkwan $1,190,000
Previous Owner Helal Nazmul Haque $662,000
Previous Owner Helal Nazmul Haque $399,000
Previous Owner Hossain Khondoker Masud $342,000
Closed Helal Nazmul Haque $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2014 12/31/14 Sold $1,750,000 -7.9% --
10/17/2014 10/17/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $1,900,000 -- --
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 $26,827 $2,261,388 $1,742,680 $518,708
2024 $26,827 $2,217,048 $1,708,510 $508,538
2023 $26,399 $2,173,577 $1,675,010 $498,567
2022 $26,071 $2,130,959 $1,642,167 $488,792
2021 $25,433 $2,089,176 $1,609,968 $479,208
2019 $25,007 $2,027,212 $1,562,216 $464,996
2018 $21,806 $1,848,464 $1,531,585 $316,879
2016 $21,028 $1,776,687 $1,472,112 $304,575
2015 $20,755 $1,750,000 $1,450,000 $300,000
2014 -- $1,074,857 $803,632 $271,225
Source: Public Records

Agents Affiliated with this Home

  • Dario Svidler

    Seller's Agent in 2014

    Dario Svidler

    Keller Williams Beverly Hills

    (424) 600-7633

    56 Total Sales

    Dario Svidler
    Section Image
  • Tim Byrne

    Seller Co-Listing Agent in 2014

    Tim Byrne

    Compass

    (310) 801-3442

    2 in this area

    48 Total Sales

    Tim Byrne
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-792437

The MLS

APN: 4285-006-004

California Los Angeles County Santa Monica 90405 Sunset Park

1736 Ocean Park, Santa Monica, CA

This home is located at 1736 Ocean Park, Santa Monica, CA 90405 since 09 September 2014 and is currently estimated at $3,303,269. 1736 Ocean Park is a home located in Los Angeles County with nearby schools including Grant 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes