$7,958,000 - $15,849,781
RENTED JAN 21, 2025
6 Beds
9 Baths
10,218 Sq Ft
$1,063 Price per Sq Ft

Last Sold February 27, 2023

Last sale price $15,434,000 $1,510 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $72,823/month

Highlights

  • Detached Guest House
  • Home Theater
  • Sauna
  • Roosevelt Elementary School Rated A+
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of January 2025

Introducing an unparalleled gem North of Montana, a newly built transitional contemporary home that redefines luxury. Nestled on one of Santa Monica's most coveted streets, this architectural masterpiece boasts exceptional materials and craftsmanship. As you meander past majestic old-growth olive trees, you'll be welcomed into a sun-drenched residence of extraordinary scale. The home's formal spaces including an elegant living room, refined home office, and distinguished dining area flow effortlessly into more relaxed zones. Here, the gourmet kitchen and inviting family room, complete with a wet bar and dramatic fireplace, create the perfect blend of sophistication and comfort. Ascend the graceful staircase or take the elevator to a chic lounge that anchors the upper level. The lavish primary suite is a sanctuary of tranquility, featuring a cozy fireplace, a spa-inspired bathroom, a private balcony, and two expansive walk-in closets that rival the elegance of high-end boutiques. Three additional bedrooms on this level ensure ample space, with a fifth bedroom on the main floor and a sixth on the lower level. The lower level is an entertainer's paradise, featuring a climate-controlled wine room, a wet bar, a second family room, a professional-grade home theater, a spacious mirrored gym, a dry sauna, a steam room with a shower, and a private massage room. Outside, the expansive rear yard is a coastal oasis, complete with an outdoor kitchen equipped with a smoker and pizza oven, a resort-style pool, tranquil patios, a covered cabana, a dedicated pool bathroom, and a generous three-car garage. This home, combining unparalleled elegance with an enviable location, is truly one of a kind. Lease price is for long term and unfurnished. Price for shorter term and furnished will be increased based on terms.

Last Agent to Rent the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 08/19/2024

Christie's International Real Estate SoCal

Last Renter's Agent

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 08/19/2024

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182,289

Year Built

  • Built in 2022

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 60x210
  • Property is zoned SMR1*

Parking

  • 3 Covered Spaces

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 10,218 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Recreation Room
  • Bonus Room
  • Sauna
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $160,000
  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 4293-008-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$182,289

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 160000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Lease Terms: Short Term Lease
  • Living Area: 10218
  • Lot Acreage: 0.2856
  • Lot Dimensions: 60x210
  • Year Built: 2022
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Patio, Primary Bedroom, Family Room
  • Flooring: Mixed, Wood
  • Bedrooms: 6
  • Full Bathroom: 7
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Microwave, Dryer, Washer, Freezer, Range/Oven, Refrigerator, Barbeque, Garbage Disposal, Elevator
  • Price Per S Q F T: 7.73

Exterior Features

  • Guest House: Detached
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Spa: Heated, Private, In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4293-008-043
  • Lot Size Area: 12440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 21, 2023
Sold by
210 Marguerita Llc
Bought by
210 Marg Llc
Seller's Agent
David Kramer
Compass
Buyer's Agent
Nicole Gozini
Nicole Gozini
List Price
$16,995,000
Sold Price
$15,434,000
Premium/Discount to List
-$1,561,000
-9.19%
Views
176
Current Estimated Value
$10,859,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,574,406
Avg. Annual Appreciation
-12.48%
Original Mortgage
$4,000,000
Outstanding Balance
$3,846,114
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$7,242,189

Purchase Details

Closed on
Dec 8, 2021
Sold by
210 Marguerita Avenue Llc
Bought by
210 Marguerita Llc

Purchase Details

Closed on
Oct 14, 2021
Sold by
210 Marguerita Llc
Bought by
210 Marguerita Llc

Purchase Details

Closed on
May 3, 2021
Sold by
Omyomy Llc
Bought by
210 Marguerita Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,325,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2021
Sold by
210 Marguerita Avenue Llc
Bought by
Omyomy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,325,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2017
Sold by
Licata Rand Charles
Bought by
210 Marguerita Avenue Llc

Purchase Details

Closed on
Jun 2, 2011
Sold by
Licata Bonnie Ruth
Bought by
Licata Bonnie Ruth and Licata Bypass Trust

Purchase Details

Closed on
Jul 25, 1994
Sold by
Licata Leonard
Bought by
Licata Leonard and Licata Bonnie R

Purchase Details

Closed on
Jun 16, 1994
Sold by
Licata Leonard
Bought by
Licata Leonard

Purchase Details

Closed on
Oct 22, 1993
Sold by
Licata Leonard
Bought by
Licata Leonard and Licata Bonnie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4%
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
210 Marg Llc $15,434,000 Fidelity National Title
210 Marguerita Llc -- Accommodation/Courtesy Recordi
210 Marguerita Llc -- Priority Title Camarillo
210 Marguerita Avenue Llc -- Accommodation
Omyomy Llc $7,100,000 Fidelity National Title Co
210 Marguerita Avenue Llc $5,500,000 Fidelity National Title Co
Licata Bonnie Ruth -- None Available
Licata Leonard -- --
Licata Leonard -- --
Licata Leonard -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 210 Marg Llc $4,000,000
Open 210 Marg Llc $15,434,000
Previous Owner Omyomy Llc $8,325,000
Previous Owner 210 Marguerita Avenue Llc $4,240,000
Previous Owner Licata Leonard $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Rented $86,900 +10.0% --
08/19/2024 08/19/24 For Rent $79,000 0.0% --
08/17/2024 08/17/24 Off Market $79,000 -- --
08/16/2024 08/16/24 For Rent $79,000 0.0% --
02/27/2023 02/27/23 Sold $15,434,000 -9.2% $1,510 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $16,995,000 -- $1,663 / 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 $182,289 $16,057,533 $11,240,481 $4,817,052
2024 $182,289 $15,742,680 $11,020,080 $4,722,600
2023 $86,317 $7,386,840 $7,386,840 $0
2022 $85,307 $7,242,000 $7,242,000 $0
2021 $68,010 $5,781,481 $5,781,481 $0
2020 $67,557 $5,722,200 $5,722,200 $0
2019 $67,123 $5,610,000 $4,488,000 $1,122,000
2018 $63,054 $5,500,000 $4,400,000 $1,100,000
2017 $86 $478,472 $163,182 $315,290
2016 $6,006 $469,091 $159,983 $309,108
2015 $5,926 $462,045 $157,580 $304,465
2014 $5,859 $452,995 $154,494 $298,501
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-428969

The MLS

APN: 4293-008-043