NOT LISTED FOR SALE

Estimated Value: $1,741,000 - $2,745,000

4 Beds
3 Baths
2,341 Sq Ft
$961/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $1,605,000 $686 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,008/month

8 Days on Market

About This Home

As of March 2017

First time on the market in 70 years. Excellent opportunity to own a charming triplex in a great Santa Monica location. Two one bedroom, one bath houses in the front and one two bedroom, one bath house in the rear. Located on a quiet street in a serene residential neighborhood in Sunset Park, just South of Pico. Walk to Santa Monica College, restaurants, Trader Joe's, cafes, and shops. Enjoy Santa Monica's incredible lifestyle! Please do not disturb tenants. Inside with accepted offer.

Last Agent to Sell the Property

William Yarbro

Forward Inglewood, Inc. License #01441649 Listed on: 01/01/2017

Last Buyer's Agent

mary sun

Mary Sun, Broker License #01236970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,214

Year Built

  • Built in 1928

Lot Details

  • 8,985 Sq Ft Lot

Home Design

  • Additions or Alterations

Interior Spaces

  • 2,341 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4270-005-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,214

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2341
  • Property Condition: Additions/Alter
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 726.19

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 1 Car
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 37425
  • Assessed Land Value: 81990
  • Assessor Parcel Number: 4270-005-005
  • Geocode Override: No
  • Lot Size Area: 8985

Rental Info

  • Total Actual Rent: 45516.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 37.34
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: detached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2017
Closed on
Mar 9, 2017
Sold by
Tani Karen and Alice G Garcia Revocable Trust
Bought by
Ashkar George V and Ashkar Margaret S
Seller's Agent
William Yarbro
Forward Inglewood, Inc.
Buyer's Agent
mary sun
Mary Sun, Broker
List Price
$1,700,000
Sold Price
$1,605,000
Premium/Discount to List
-$95,000
-5.59%
Current Estimated Value
$2,248,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,548
Avg. Annual Appreciation
4.36%
Original Mortgage
$1,198,750
Outstanding Balance
$998,817
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$1,303,844

Purchase Details

Closed on
Apr 5, 2011
Sold by
Garcia Alice G
Bought by
Garcia Alice G and Alice G Garcia Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ashkar George V $1,605,000 Equity Title Los Angeles
Ashkar George Jordan -- Equity Title
Garcia Alice G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashkar George Jordan $1,198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2017 03/23/17 Sold $1,605,000 -5.6% $686 / Sq Ft
01/01/2017 01/01/17 For Sale $1,700,000 -- $726 / 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 $22,214 $1,862,734 $1,648,029 $214,705
2024 $22,214 $1,826,211 $1,615,715 $210,496
2023 $21,858 $1,790,404 $1,584,035 $206,369
2022 $21,581 $1,755,299 $1,552,976 $202,323
2021 $21,042 $1,720,882 $1,522,526 $198,356
2020 $20,898 $1,703,238 $1,506,915 $196,323
2019 $20,685 $1,669,842 $1,477,368 $192,474
2018 $19,382 $1,637,100 $1,448,400 $188,700
2016 $2,229 $119,415 $81,990 $37,425
2015 $2,195 $117,622 $80,759 $36,863
2014 $2,201 $115,319 $79,178 $36,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-190770

The MLS

APN: 4270-005-005