NOT LISTED FOR SALE

1814 Ocean Park Blvd Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $2,030,000 - $2,858,000

9 Beds
5 Baths
4,200 Sq Ft
$599/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $1,295,000 $308 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $15,146/month

56 Days on Market

About This Home

As of May 2013

Ideal for an owner user, this centrally located Santa Monica building has a fully upgraded 3-bedroom apartment with a spacious backyard. The Ocean Park Blvd. is rapidly growing as evidence by newer restaurants, shopping, and specialty markets. Additionally, it is very close to Santa Monica College. Hardwood floors, spacious units and a large lot add to this property's value and rentability. Shown with accepted offer.

Last Agent to Sell the Property

Marny Maslon

Douglas Elliman of California, Inc. License #01322584 Listed on: 01/18/2013

Douglas Elliman of California, Inc.

Last Buyer's Agent

Paul Ferreccio

License #01099719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,304

Year Built

  • Built in 1943

Lot Details

  • 6,996 Sq Ft Lot

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4272-001-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,304

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 1814 Ocean Park Blvd
  • Living Area: 4200
  • Stories: 2
  • Year Built: 1943
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 315.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Lot Info

  • Assessor Parcel Number: 4272-001-003
  • Geocode Override: No
  • Lot Size Area: 6996

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.47
  • Number Of Units: 4
  • Total Annual Expense: 0.00
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 22, 2013
Sold by
Santa Monica Ocean Llc
Bought by
Saporiti Nestor
Seller's Agent
Marny Maslon
Douglas Elliman of California, Inc.
Buyer's Agent
Paul Ferreccio
List Price
$1,325,000
Sold Price
$1,295,000
Premium/Discount to List
-$30,000
-2.26%
Current Estimated Value
$2,515,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,220,223
Avg. Annual Appreciation
5.56%
Original Mortgage
$800,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bennett Carol
Bought by
Santa Monica Ocean Llc

Purchase Details

Closed on
Apr 8, 2004
Sold by
Bennett Carol
Bought by
Black Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Brothers Kamyar Ken
Bought by
Black Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Galvis Alicia
Bought by
Brothers Kamyar Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2000
Sold by
Farag Samir Z and Farag Laila
Bought by
Galvis Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.89%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Farag Samir Z and Farag Laila
Bought by
Farag Samir Z and Farag Laila
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
Saporiti Nestor $1,150,000 Fidelity Van Nuys
Santa Monica Ocean Llc -- --
Santa Monica Ocean Llc -- --
Bennett Carol -- --
Black Keith -- First Southwestern Title Co
Black Keith $1,288,000 First Southwestern Title Co
Brothers Kamyar Ken $950,000 Chicago Title Co
Galvis Alicia $670,000 Progressive Title Company
Farag Samir Z $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saporiti Nestor $800,000
Previous Owner Santa Monica Ocean Llc $910,000
Previous Owner Black Keith $1,030,400
Previous Owner Brothers Kamyar Ken $760,000
Previous Owner Galvis Alicia $545,000
Previous Owner Galvis Alicia $536,000
Previous Owner Farag Samir Z $100,000
Closed Galvis Alicia $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold $1,295,000 -2.3% $308 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $1,325,000 -- $315 / 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 $17,304 $1,416,132 $861,994 $554,138
2024 $17,304 $1,388,366 $845,093 $543,273
2023 $17,029 $1,361,144 $828,523 $532,621
2022 $16,809 $1,334,456 $812,278 $522,178
2021 $16,370 $1,308,291 $796,351 $511,940
2019 $16,090 $1,269,488 $772,732 $496,756
2018 $15,098 $1,244,597 $757,581 $487,016
2016 $14,515 $1,196,269 $728,164 $468,105
2015 $14,326 $1,178,301 $717,227 $461,074
2014 $14,148 $1,155,221 $703,178 $452,043
Source: Public Records

Agents Affiliated with this Home

  • Marny Maslon

    Seller's Agent in 2013

    Marny Maslon

    Douglas Elliman of California, Inc.

    (310) 480-7197

    2 in this area

    67 Total Sales

    Marny Maslon
    Section Image

  • P

    Buyer's Agent in 2013

    Paul Ferreccio

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Map

Source: The MLS

MLS Number: 13-646301

The MLS

APN: 4272-001-003

California Los Angeles County Santa Monica 90405 Sunset Park

1814 Ocean Park Blvd, Santa Monica, CA

This home is located at 1814 Ocean Park Blvd, Santa Monica, CA 90405 since 18 January 2013 and is currently estimated at $2,515,223, approximately $598 per square foot. This property was built in 1943. 1814 Ocean Park Blvd is a home located in Los Angeles County with nearby schools including Grant Elementary School, John Adams Middle School, and Santa Monica High School.

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