$1,850,000
SOLD JUL 22, 2025
7 Beds
3 Baths
2,957 Sq Ft
8,009 Sq Ft Lot

Recently Sold

$626 Per Sq Ft

12% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Will Rogers Elementary Rated A
  • 1-Story Property

About This Home

As of July 2025

VACANT VACANT VACANT! Rare Opportunity in Santa Monica Multifamily: 3 Houses on One Lot 8,100 Sq. Ft. Lot. First time on the market in 70 years. Family-owned, never rented, and now completely VACANT. Located just half a block from Santa Monica City College and two blocks from the hospital close to Beach , in one of Santa Monica's most desirable neighborhoods. Existing Structures (All Vacant): * Front House: 3 bed / 1 bath approx. 1,157 sq. ft. * Second House: 3 bed / 1 bath approx. 1,350 sq. ft. *Detached ADU: 1 bed / 1 bath approx. 450 sq. ft. Total Living Area: 2,957 sq. ft. Development Possibilities: * Remodel + Add 2 More ADUs * Build 3-4 Luxury Townhomes (2,000-3,000 sq. ft. each) * 10-Unit Apartment or Condo Project (SB 684 10 unit streamline approval applies) * Student Housing, Sober Living, or Treatment Center. Large Lot. Priced Aggressively at Under $575 per Sq. Ft. Offers will be looked at as they come. Owner has his Real Estate Brokers License.

Last Agent to Sell the Property

Tanya Toledo

Compass License #01337956 Listed on: 05/15/2025

Compass

Last Buyer's Agent

Erik Lim

Hollywood Estates License #02141592

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 8,009 Sq Ft Lot
  • Property is zoned SMR2*

Interior Spaces

  • 2,957 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4274-019-039

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2957
  • Lot Acreage: 0.1839
  • Probate: No
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 557.83

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 20.28
  • Assessed Improvement Value: 72315
  • Assessed Land Percent: 79.72
  • Assessed Land Value: 284183
  • Total Assessed Value: 356498
  • Assessor Parcel Number: 4274-019-039
  • Lot Size Area: 8009

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 6, 2025
Sold by
Home Growth Investments Llc
Bought by
Assemble Capital Iv Llc
Seller's Agent
Tanya Toledo
Compass
Buyer's Agent
Erik Lim
Hollywood Estates
List Price
$1,649,500
Sold Price
$1,850,000
Premium/Discount to List
$200,500
12.16%
Views
29
Current Estimated Value
$2,106,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,375
Avg. Annual Appreciation
40.71%
Original Mortgage
$1,871,000
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 6, 2023
Closed on
Feb 25, 2025
Sold by
Brown Clarence Alvin and Brown Nancy L
Bought by
Home Growth Investments Llc
Seller's Agent
Jay Dharmasuriya
Realty Brokerage Group Inc
Buyer's Agent
Cleman Thompson
Thompson Capital Co
List Price
$1,895,000
Sold Price
$1,475,000
Premium/Discount to List
-$420,000
-22.16%
Views
277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.51%
Original Mortgage
$1,401,500
Interest Rate
7.04%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 19, 2019
Sold by
Fleming Sytra Latrice and Wyatt Sytna Latrice
Bought by
Alexander Stephen

Purchase Details

Closed on
Jul 23, 2018
Sold by
Fleming Sytra Latrice and Wyatt Sytra Latrice
Bought by
Alexander Stephen and Fleming Sytra Latrice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,850,000 Old Republic Title Company
Grant Deed $1,475,000 Old Republic Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,871,000 Construction
Previous Owner $1,401,500 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2025 07/22/25 Sold $1,850,000 +12.2% $626 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $1,649,500 +11.8% $558 / Sq Ft
03/04/2025 03/04/25 Sold $1,475,000 -22.2% $677 / Sq Ft View Prior Sale
10/24/2024 10/24/24 For Sale $1,895,000 +900.0% $870 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
03/06/2023 03/06/23 For Sale $189,500 -- $87 / 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 $5,169 $363,627 $289,866 $73,761
2024 $5,169 $356,498 $284,183 $72,315
2023 $5,086 $349,509 $278,611 $70,898
2022 $5,007 $342,657 $273,149 $69,508
2021 $4,854 $335,940 $267,794 $68,146
2020 $1,491 $47,246 $35,839 $11,407
2019 $1,467 $46,321 $35,137 $11,184
2018 $1,273 $45,414 $34,449 $10,965
2016 $1,192 $43,652 $33,112 $10,540
2015 $1,173 $42,997 $32,615 $10,382
2014 $1,184 $42,156 $31,977 $10,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25539647

The MLS

APN: 4274-019-039