NOT LISTED FOR SALE

Estimated Value: $1,673,000 - $2,768,117

2 Beds
1 Bath
850 Sq Ft
$2,603/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $1,803,750 $2,122 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,984/month

Highlights

  • No HOA
  • Views
  • Central Air
  • Will Rogers Elementary Rated A
  • Laundry Room

About This Home

As of March 2018

Lovely and bright two bedroom, one bath in a well-maintained triplex for rent. central air conditioner, stove,refrigerator, dishwasher, washer and dryer
are all included. private patio and large backyard. Quite neighborhood. Two parking spaces. One mile from the beach and Santa Monica College.
Quick access to 3rd street Promenade,beach bike paths, restaurants

Last Agent to Rent the Property

Kin-Chih Wang

Al Mar Company License #00841439 Listed on: 03/15/2018

Last Renter's Agent

Kin-Chih Wang

Al Mar Company License #00841439 Listed on: 03/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,291

Year Built

  • Built in 1925

Lot Details

  • 7,510 Sq Ft Lot
  • 1 Common Wall
  • Backyard Sprinklers
  • Density is 16-20 Units/Acre

Home Design

  • 850 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Sewer Paid

Additional Features

  • Property Views

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/18/18
  • Tax Lot 111
  • Tax Tract Number 111
  • Assessor Parcel Number 4283027016

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,291

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2018-03-18
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 400
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: SMR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Lease
  • Parcel Number: 4283027016
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 16-20 Units/Acre, Sprinklers In Rear
  • Lot Size Sq Ft: 7510.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 7018.02
  • Tax Lot: 111
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jan 23, 2018
Sold by
Barker Barry Mayhew
Bought by
Wang David Chih Wen and Wang Claudia
Seller's Agent
Kin-Chih Wang
Al Mar Company
Buyer's Agent
Kin-Chih Wang
Al Mar Company
Sold Price
$3,700
Current Estimated Value
$2,212,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,208,579
Avg. Annual Appreciation
2.81%
Original Mortgage
$1,225,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 31, 2017
Sold by
Ferry Joseph P
Bought by
Evans Cynthia Ann and Barker Barry Mayhew

Purchase Details

Closed on
Aug 14, 2008
Sold by
Barker Betty A
Bought by
Barker Betty Ann and Betty Ann Barker Survivors Trust
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
Wang David Chih Wen $1,804,000 Fidelity National Title Comp
Evans Cynthia Ann -- None Available
Barker Betty Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang David Chih Wen $1,161,500
Closed Wang David Chih Wen $1,225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Rented $3,700 0.0% --
03/15/2018 03/15/18 For Rent $3,700 0.0% --
02/15/2018 02/15/18 Sold $1,803,750 +6.2% $838 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $1,699,000 -- $789 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,291 $2,052,354 $1,938,573 $113,781
2024 $24,291 $2,012,112 $1,900,562 $111,550
2023 $23,902 $1,972,660 $1,863,297 $109,363
2022 $23,604 $1,933,981 $1,826,762 $107,219
2021 $23,022 $1,896,061 $1,790,944 $105,117
2019 $22,635 $1,839,825 $1,737,825 $102,000
2018 $1,548 $59,862 $48,454 $11,408
2016 $1,457 $57,539 $46,573 $10,966
2015 $1,434 $56,676 $45,874 $10,802
2014 $1,449 $55,567 $44,976 $10,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18060876

California Regional Multiple Listing Service (CRMLS)

APN: 4283-027-016