NOT LISTED FOR SALE

Estimated Value: $1,242,000 - $2,969,000

1 Bed
1 Bath
797 Sq Ft
$275/mo HOA Fee

Last Sold August 25, 2023

Last sale price $750,000 $941 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $16,345/month

18 Days on Market

Highlights

  • Peek-A-Boo Views
  • Midcentury Modern Architecture
  • Corner Lot
  • Will Rogers Elementary Rated A
  • Wood Flooring
  • Outdoor Cooking Area

About This Home

As of August 2023

Modern and Beautiful remodeled condo consisting of 1 large bedroom and 1 full bathroom located in the sought after Sunset Park neighborhood of Santa Monica with a partial peak a boo ocean view from the breakfast room. This wonderful condo went through an extensive renovation in 2020 with brand new real white oak hardwood floors throughout the unit. There is something special about real wood flooring, not laminate. The bathroom has modern black fixtures with brass accents, black modern floor tile work with accented wallpaper to give that extra cool touch. The kitchen has new white cabinetry with wood butcher block countertops and floating wood shelves. There is built in L shaped kitchen seating with storage all complemented with brass fixtures, recessed lighting and decorator brass light fixtures. The unit has a new HVAC system with new black dual pane windows. Don't worry about dealing with community laundry, this unit has laundry inside the unit with storage. Out front there is a redwood deck and common area courtyard with seating, perfect to entertain guests all hidden behind beautiful landscaping and hedges for privacy. There is a 1 car attached carport with a lockable storage space and plenty of street parking if needed. This is a TIC sale.

Last Agent to Sell the Property

David Orenstein

Ryker Flint Commercial Inc. License #01907467 Listed on: 07/07/2023

Co-Listed By

Ricky Otterstrom

Ryker Flint Commercial Inc. License #01865671

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,328

Year Built

  • Built in 1956

Lot Details

  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 797 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • Will Rogers Elementary School
  • John Adams Middle School
  • Santa Monica High School

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 343
  • Assessor Parcel Number 4283027020

Community Details

Overview

  • 4 Units
  • 1943 12Th St. Tic Association, Phone Number (415) 912-0582
  • Homworks HOA

Amenities

  • Outdoor Cooking Area
  • Community Storage Space

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,328

Year Built

Built in 1956

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: 213-400-8541
  • Other Phone Number: 310-528-7187
  • Property Attached: Yes
  • View: Yes
  • Zoning: SMR4*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4283027020
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 797.00 Square Feet
  • Stories: 2
  • Entry Location: living room
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 941.03
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Storage
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: 1943 12th st. TIC
  • Phone: 415-912-0582
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks
  • Association Management: HomWorks

Schools

  • School District: Santa Monica-Malibu Unified
  • Elementary School: Will Rogers
  • Middle School: John Adams
  • High School: Santa Monica
  • Elementary School: Will Rogers
  • High School: Santa Monica
  • Middle Or Junior School: John Adams
  • Elementary School #2: WILROG
  • High School2: SANMON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4799.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4799.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 7018.02
  • Tax Lot: 343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 2, 2023
Sold by
Dela Rosa Andy and Dela Diana Edith
Bought by
Chan Rachael Lei Jieh
Seller's Agent
David Orenstein
Ryker Flint Commercial Inc.
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Views
107
Current Estimated Value
$2,316,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,566,333
Avg. Annual Appreciation
88.55%
Original Mortgage
$600,000
Outstanding Balance
$589,520
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,912,980

Purchase Details

Closed on
Jan 5, 2021
Sold by
Pico Fargo Lp
Bought by
Brown Sandra and Davie Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2020
Sold by
Pico Fargo Lp
Bought by
Titus Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2020
Sold by
Pico Fargo Lp
Bought by
Faruqui Uzair Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,750
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2019
Sold by
Hornback Eric and Hornback Donna
Bought by
Pico Fargo Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,693,138
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2018
Sold by
Hornback Eric
Bought by
Hornback Eric and Hornback Donna

Purchase Details

Closed on
Jul 6, 2012
Sold by
Hornback Eric E
Bought by
Hornback Eric and Mcloughlin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1999
Sold by
Mcloughlin Helen
Bought by
Mcloughlin Helen and The Mcloughlin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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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
Chan Rachael Lei Jieh $750,000 Provident Title Company
Brown Sandra $1,115,000 Chicago Title Company
Titus Stephanie $649,000 Chicago Title Company
Faruqui Uzair Ali $610,000 Chicago Title Company
Dela Rosa Andy $635,000 Chicago Title Company
Pico Fargo Lp $1,550,000 Lawyers Title Corporation
Hornback Eric -- None Available
Hornback Eric -- None Available
Hornback Eric E -- None Available
Mcloughlin Helen -- Chicago Title Co
Mcloughlin Helen -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Rachael Lei Jieh $600,000
Previous Owner Brown Sandra $836,250
Previous Owner Titus Stephanie $486,750
Previous Owner Dela Rosa Andy $508,000
Previous Owner Faruqui Uzair Ali $488,000
Previous Owner Pico Fargo Lp $1,693,138
Previous Owner Hornback Eric E $450,000
Previous Owner Mcloughlin Helen $230,850
Previous Owner Mcloughlin Helen $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $750,000 -3.2% $941 / Sq Ft
07/07/2023 07/07/23 For Sale $775,000 -- $972 / 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
2024 $39,328 $3,310,284 $2,437,215 $873,069
2023 $36,858 $3,085,826 $2,340,900 $744,926
2022 $36,412 $3,025,320 $2,295,000 $730,320
2021 $27,071 $2,238,500 $1,712,500 $526,000
2020 $19,122 $1,550,000 $1,000,000 $550,000
2019 $5,733 $399,799 $203,140 $196,659
2018 $5,358 $391,960 $199,157 $192,803
2016 $5,109 $376,741 $191,424 $185,317
2015 $5,041 $371,083 $188,549 $182,534
2014 $5,006 $363,815 $184,856 $178,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23122021

California Regional Multiple Listing Service (CRMLS)

APN: 4283-027-020