NOT LISTED FOR SALE

Estimated Value: $2,612,491 - $2,837,000

3 Beds
2.5 Baths
1,773 Sq Ft
$1,512/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,071,875 $1,169 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $16,750/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • No HOA
  • Grant Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2021

First time on the market in decades! RARE opportunity to own a vintage Santa Monica traditional home, situated on an oversized approx. 7,795 sq.ft. lot (53 x 147), which can suit a variety of buyers, including: (1) first time fixer-upper buyers looking for good square footage/room count and a foothold in the area, (2) major restoration/expansion buyers, or (3) spec builders/tear-down buyers looking to maximize the potential offered by this large lot and prime Sunset Park location. A long covered pedestrian portico introduces this diamond in the rough. Features: 3 bedrooms (including convertible den with fireplace), 2.5 bathrooms, living room with fireplace opening across the back of the house to yard and patio, original kitchen with breakfast area, large dining room, hardwood and tile floors and attached front of home garage (currently converted into bonus room with bath). A perfect mid-block position, on one of the best streets in Sunset Park, with alley access, providing great ADU possibilities. Located in a highly sought-after neighborhood where new construction is selling for $4.2+MM. Only a few blocks to Grant Elementary School, parks, restaurants, shopping, grocery stores and coffee shops. Sold for land value!

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 08/05/2021

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

David Mouallem

David Mouallem License #01152326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,714

Year Built

  • Built in 1939

Lot Details

  • 7,795 Sq Ft Lot
  • Lot Dimensions are 53x147
  • West Facing Home
  • Block Wall Fence
  • Back and Front Yard
  • Value in Land
  • Property is zoned SMR1*

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Tile Countertops
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Bathtub with Shower

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4270-003-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,714

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1773
  • Lot Acreage: 0.1789
  • Lot Dimensions: 53x147
  • Planned Urban Dev: 0
  • Property Condition: Fixer, Value Mainly In Land
  • Stories: 1
  • Year Built: 1939
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Living Room, Den, Exterior
  • Flooring: Hardwood, Tile
  • Appliances: Built-Ins
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: In Kitchen, Formal Dining Rm
  • Kitchen Features: Tile Counters
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 1125.21

Exterior Features

  • Direction Faces: West
  • Construction: Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Porch - Front, Patio Open
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Driveway, Garage
  • Total Parking: 4

Utilities

  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4270-003-029
  • Lot Description: Back Yard, Alley Paved, Front Yard, Curbs, Sidewalks
  • Lot Location: City
  • Lot Size Area: 7795

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 24, 2021
Sold by
Dela Cerda Andres and Bertha De La Cerda Living Trus
Bought by
Mouallem David E
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
David Mouallem
David Mouallem
List Price
$1,995,000
Sold Price
$2,071,875
Premium/Discount to List
$76,875
3.85%
Current Estimated Value
$2,680,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,998
Avg. Annual Appreciation
6.50%
Original Mortgage
$1,243,125
Outstanding Balance
$1,133,614
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,510,177

Purchase Details

Closed on
Jan 6, 2009
Sold by
The Bertha De La Cerda Living Trust
Bought by
Dela Cerda Bertha

Purchase Details

Closed on
Jan 12, 2006
Sold by
Dela Cerda Bertha
Bought by
The Bertha De La Cerda Living Trust

Purchase Details

Closed on
Sep 19, 2005
Sold by
Dela Cerda Hilda
Bought by
Dela Cerda Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,285
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2000
Sold by
Delacerda Bertha De
Bought by
Delacerda Hilda and Delacerda Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
7.71%

Purchase Details

Closed on
Mar 19, 1993
Sold by
Delacerda Andres R
Bought by
Delacerda Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.2%
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
Mouallem David E $2,072,000 Equity Title Company
Dela Cerda Bertha -- None Available
The Bertha De La Cerda Living Trust -- None Available
Dela Cerda Bertha -- Fidelity National Title Co
Delacerda Hilda -- Lawyers Title Company
Delacerda Bertha -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mouallem David E $1,243,125
Previous Owner Dela Cerda Bertha $938,250
Previous Owner Dela Cerda Bertha $134,285
Previous Owner Delacerda Hilda $40,000
Previous Owner Delacerda Hilda $91,700
Previous Owner Delacerda Hilda $89,500
Previous Owner Delacerda Bertha $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,071,875 +3.9% $1,169 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,995,000 -- $1,125 / 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 $25,714 $2,198,689 $2,016,295 $182,394
2024 $25,714 $2,155,578 $1,976,760 $178,818
2023 $2,321 $119,273 $83,394 $35,879
2022 $2,192 $116,935 $81,759 $35,176
2021 $2,104 $114,643 $80,156 $34,487
2020 $2,086 $113,469 $79,335 $34,134
2019 $2,054 $111,245 $77,780 $33,465
2018 $1,859 $109,064 $76,255 $32,809
2016 $1,760 $104,831 $73,295 $31,536
2015 $1,732 $103,258 $72,195 $31,063
2014 $1,727 $101,236 $70,781 $30,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-769036

The MLS

APN: 4270-003-029