NOT LISTED FOR SALE

2221 Ocean Ave Unit 301 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $931,090 - $1,460,000

1 Bed
1 Bath
994 Sq Ft
10,019 Sq Ft Lot

Highlights

  • Ocean View
  • Gated Parking
  • Mediterranean Architecture
  • John Muir Elementary School Rated A
  • 10,396 Sq Ft lot
  • 3-minute walk to Crescent Bay Park

About This Home

As of August 2015

FANTASTIC OCEAN VIEWS - ZERO BLOCKS TO THE BEACH!!! SANTA MONICA/BEACH LIFESTYLE AT ITS FINEST! UNIQUE DESIGNER 1 BEDROOM , 1 BATH + LOFT CONDO LOCATED ACROSS FROM THE BEACH ON OCEAN AVENUE. UNIT FEATURES; FULL HEAD ON OCEAN, MOUNTAIN, GREEN BELT AND CITY LIGHTS VIEWS FROM NEARLY EVERY VANTAGE POINT, GREAT NATURAL AND AMBIENT LIGHT,PRIVATE FRONT AND 2ND FLOOR LOFT PATIOS, WASHER & DRYER, WALK IN CLOSETS AND 2 CAR PARKING. WALK TO EVERYTHING: BEACH & BOARDWALK, MAIN ST. SHOPS & RESTAURANTS, SUNDAY'S FARMER'S MARKET AND 3RD STREET PROMENADE. LIVE THE SANTA MONICA LIFESTYLE AT IT'S FINEST!! UNIT COMES WITH AN EXTRA STORAGE UNIT IN FRONT OF PARKING SPACES.

Last Agent to Rent the Property

Thomas Hilal

Nourmand & Associates-BH License #01354379 Listed on: 07/27/2015

Nourmand & Associates-BH

Last Renter's Agent

Thomas Hilal

Nourmand & Associates-BH License #01354379 Listed on: 07/27/2015

Nourmand & Associates-BH

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,122

Year Built

  • Built in 1973

Lot Details

  • 10,019

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 994 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Side by Side Parking
  • Gated Parking
  • Assigned Parking

Additional Features

  • West Facing Home
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $11,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4289-022-071

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 22 Units
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,122

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Lease Option: 1
  • Security Deposit: 11000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 3
  • Lease Terms: 1+Year
  • Living Area: 994
  • Stories: 4
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Tile
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Elevator, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.78

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Tennis Court Y/N: No
  • Exposure: W/N
  • Pool: No
  • View: City Lights, Coastline, Mountains, Ocean, Pier
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Wall

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4289-022-071
  • Geocode Override: No
  • Lot Size Area: 10396

Multi Family

  • Number Of Units: 22

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 1997
Sold by
October Eddie
Bought by
Gerst Jeffrey B
Current Estimated Value
$1,201,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$36,382
Interest Rate
7.12%
Estimated Equity
$1,164,642

Purchase Details

Closed on
Aug 22, 1996
Sold by
Silton Michael
Bought by
October Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
6.62%

Purchase Details

Closed on
Apr 20, 1994
Sold by
T M Associates
Bought by
Silton Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.25%
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
Gerst Jeffrey B $360,000 Old Republic Title
October Eddie $329,000 Fidelity Title
Silton Michael $305,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerst Jeffrey B $210,000
Previous Owner October Eddie $263,200
Previous Owner Silton Michael $274,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2015 08/25/15 Rented $4,750 0.0% --
08/11/2015 08/11/15 Price Changed $4,750 -4.0% $5 / Sq Ft
08/03/2015 08/03/15 Price Changed $4,950 -10.0% $5 / Sq Ft
07/27/2015 07/27/15 For Rent $5,500 -- --
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 $7,122 $574,810 $479,020 $95,790
2024 $7,122 $563,540 $469,628 $93,912
2023 $7,005 $552,491 $460,420 $92,071
2022 $6,907 $541,659 $451,393 $90,266
2021 $6,718 $531,040 $442,543 $88,497
2019 $6,598 $515,291 $429,418 $85,873
2018 $6,222 $505,189 $420,999 $84,190
2016 $5,985 $485,574 $404,652 $80,922
2015 $5,905 $478,281 $398,574 $79,707
2014 $5,830 $468,913 $390,767 $78,146
Source: Public Records

Agents Affiliated with this Home

  • Thomas Hilal

    Landlord's Agent in 2015

    Thomas Hilal

    Nourmand & Associates-BH

    (310) 486-1065

    2 in this area

    85 Total Sales

    Thomas Hilal
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Map

Source: The MLS

MLS Number: 15-926755

The MLS

APN: 4289-022-071

California Los Angeles County Santa Monica 90405 Ocean Park

2221 Ocean Ave Unit 301, Santa Monica, CA

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