NOT LISTED FOR SALE

2231 Virginia Ave Santa Monica, CA 90404

Pico Neighborhood
11 Beds
8 Baths
5,756 Sq Ft
6,899 Sq Ft Lot

Last Sold October 03, 2013

Last sale price $1,780,000 $309 Per Sq Ft

59 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 4-minute walk to Virginia Avenue Park
  • Edison Language Academy Rated A
  • Laundry Room

About This Home

As of October 2013

Do you know Santa Monica's best kept Real Estate Secret?It's the 2200 block of Virginia. Here's why- 1. It's directly across from verdant Virginia Ave Park; like having a 413,820 SF front yard: playgrounds, expansive lawn, picnic BBQ areas and programs for toddlers to seniors. Bonus- You don't have to pay the gardener or the taxes on this "front yard" 2. Saturday Farmers Market steps from your front door. 3. Freeway access in about 2-3 minutes. 4. Walking distance to planned 26th St./Bergamot Metro Rail Station, Santa Monica College and a plethora of dining options: ethnic, retro, fast food, and fine dining. Subject property (2231 Virginia) is an ideal owner user. A front 2-BR townhouse is vacant, move-in ready and on lock box. Realistically priced. Laundry Income of approx 500/yr is included in the Gross Operating Income and rent for unit A is projected based on its last rental amount.

Last Agent to Sell the Property

Wesley Wellman

Wellman Realty Co. License #00467451 Listed on: 07/22/2013

Last Buyer's Agent

Austin Chen

Keller Williams Beverly Hills License #01898306

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,899

Interior Spaces

  • 5,756 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 6,899 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4274-023-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5756
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas, Gas and Wood, Living Room
  • Flooring: Carpet, Hardwood, Laminate
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 277.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Electric Expense: 801.00
  • Heating: Wall Electric, Wall Gas
  • Water Expense: 5014.00

Fee Information

  • Gas Expense: 1414.00
  • Insurance Expense: 2436.00
  • Maintenance Expense: 12915.00
  • Other Expense: 11948.00

Lot Info

  • Assessor Parcel Number: 4274-023-014
  • Geocode Override: No
  • Lot Size Area: 6899

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.52
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 57243
  • Type Of Units: Residential
  • Vacancy Rate: 5%

Tax Info

  • Tax Expense: 19140.00

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

Property History

Date Event Price Change Sq Ft Price
10/03/2013 10/03/13 Sold $1,780,000 +11.6% $309 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $1,595,000 -- $277 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wesley Wellman

    Seller's Agent in 2013

    Wesley Wellman

    Wellman Realty Co.

    (424) 265-8872

    1 in this area

    17 Total Sales

    Wesley Wellman
    Section Image
  • Austin Chen

    Buyer's Agent in 2013

    Austin Chen

    Keller Williams Beverly Hills

    (310) 432-6400

    23 Total Sales

    Austin Chen
    Section Image
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Map

Source: The MLS

MLS Number: 13-700437

The MLS
California Los Angeles County Santa Monica 90404 Pico

2231 Virginia Ave, Santa Monica, CA

This home is located at 2231 Virginia Ave, Santa Monica, CA 90404 since 22 July 2013. This property was built in 1963. 2231 Virginia Ave is a home located in Los Angeles County with nearby schools including Edison Language Academy, John Adams Middle School, and Santa Monica High School.

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