NOT LISTED FOR SALE

Estimated Value: $1,607,000 - $1,862,000

2 Beds
2 Baths
1,800 Sq Ft
$492/mo HOA Fee

Last Sold December 30, 2022

Last sale price $1,550,000 $861 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,455/month

158 Days on Market

Highlights

  • Automatic Gate
  • Gated Community
  • 0.54 Acre Lot
  • John Muir Elementary School Rated A
  • City View
  • 5-minute walk to South Beach Park

About This Home

As of December 2022

Modern live/work loft located right on Main Street. This stunning unit has two separate enclosed rooms that can be used for private office or bedroom space. Beautiful wood floors, open floor plan, and high ceilings. Large windows and industrial roll top glass door that dramatically opens to one of two private balconies. True creative space that allows you to layout your perfect work/home vision. Chef's kitchen with center island and high-end stainless steel appliances.Standing just one block from the beach, Main Street benefits from the ocean breeze while being situated among world-class dining, first-rate couture, and upscale boutiques. Perched on the Pacific Ocean with expansive vistas and promenades, Santa Monica is the cutting-edge city by the sea that defines the essence of the California lifestyle. Tenant Occupied Month to Month

Last Agent to Sell the Property

Lee Johnson

Berkshire Hathaway HomeServices California Properties License #01259992 Listed on: 05/23/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Dan Nessel

Berkshire Hathaway HomeServices California Properties License #01349526

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,940

Year Built

  • Built in 2006

Lot Details

  • Gated Home
  • Sprinkler System

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area
  • Home Office
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway
  • Automatic Gate
  • Guest Parking
  • Parking Garage Space

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4288-005-022

Community Details

Overview

  • 22 Units

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,940

Year Built

Built in 2006

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: SAILHOUSE LOFTS
  • Entry Floor: 2
  • Living Area: 1800
  • Lot Acreage: 0.5439
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2006
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Mixed, Tile, Hardwood, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, In Kitchen
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 888.33

Exterior Features

  • Balcony: yes
  • Exposure: North
  • Patio: Covered
  • Pool: No
  • View: Walk Street, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Gated Underground, Shared Driveway, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Fire Sprinklers, Gated, Smoke Detector, Automatic Gate

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Elevator, Guest Parking, Gated Community, Gated Parking
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 492.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4288-005-022
  • Lot Location: Corner Lot
  • Lot Size Area: 23692

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Dec 30, 2022
Sold by
Haseeb Abdul M and Haseeb Saba R
Bought by
Mrm Llc
Seller's Agent
Lee Johnson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Dan Nessel
Berkshire Hathaway HomeServices California Properties
List Price
$1,849,000
Sold Price
$1,550,000
Premium/Discount to List
-$299,000
-16.17%
Views
17
Current Estimated Value
$1,722,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,445
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2022
Closed on
Nov 18, 2022
Sold by
Yang Robert A
Bought by
Haseeb Abdul M and Haseeb Saba R
Seller's Agent
Lee Johnson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Dan Nessel
Berkshire Hathaway HomeServices California Properties
List Price
$1,849,000
Sold Price
$1,550,000
Premium/Discount to List
-$299,000
-16.17%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Crusberg Pamela Jeanne
Bought by
Crusberg Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,499
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 23, 2006
Sold by
Sailhouse Llc
Bought by
Yang Robert A and Crusberg Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
6.37%
Mortgage Type
Negative Amortization
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
Mrm Llc -- --
Haseeb Abdul M $1,550,000 Fidelity National Title
Crusberg Gary -- Fidelity National Title Co
Yang Robert A $1,175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haseeb Abdul M $1,000,000
Previous Owner Crusberg Gary $117,499
Previous Owner Yang Robert A $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $1,550,000 -3.1% $861 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $1,599,000 -5.9% $888 / Sq Ft
07/20/2022 07/20/22 Price Changed $1,699,000 -8.1% $944 / Sq Ft
05/23/2022 05/23/22 For Sale $1,849,000 -- $1,027 / 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 $18,940 $1,612,619 $1,143,503 $469,116
2024 $18,940 $1,581,000 $1,121,082 $459,918
2023 $18,636 $1,550,000 $1,099,100 $450,900
2022 $18,327 $1,513,114 $856,386 $656,728
2021 $17,873 $1,483,446 $839,595 $643,851
2019 $17,573 $1,439,448 $814,693 $624,755
2018 $16,539 $1,411,224 $798,719 $612,505
2016 $15,938 $1,356,426 $767,704 $588,722
2015 $15,731 $1,336,052 $756,173 $579,879
2014 $15,503 $1,309,881 $741,361 $568,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-159999

The MLS

APN: 4288-005-022