$2,142,000 - $2,351,000
RENTED DEC 30, 2024

25 Arcadia Terrace Unit 2 Santa Monica, CA 90401

Downtown Santa Monica Neighborhood
1 Bed
1 Bath
470 Sq Ft
3,337 Sq Ft Lot

Highlights

  • Ocean View
  • Wood Flooring
  • Loft
  • John Muir Elementary School Rated A
  • Mediterranean Architecture
  • 1-minute walk to Muscle Beach Park

About This Home

As of December 2024

A one-bedroom loft with a spacious walk-in closet just seconds away from the beach on a prestigious gated walk street in Santa Monica. This beachside pad boasts stunning hardwood floors, high ceilings, a living room area, a cozy breakfast nook, and a fully equipped kitchen with stainless steel appliances. Additionally, it includes a washer and dryer conveniently located within the unit.

Last Agent to Rent the Property

Steven Walter

Engel & Völkers License #01755443 Listed on: 12/12/2024

Engel & Völkers

Co-Listed By

Sandra Miller

Engel & Völkers License #01446377

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,386

Year Built

  • Built in 1998

Lot Details

  • 3,337

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 470 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $3,300
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4290-018-009

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,386

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Security Deposit: 3300
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 470
  • Lot Acreage: 0.0766
  • Year Built: 1998
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 7.02

Exterior Features

  • Pool: No
  • View: Ocean, Walk Street
  • View: Yes

Utilities

  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4290-018-009
  • Lot Size Area: 3337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2018
Sold by
Edwards John S
Bought by
Edwards John S and Johon S Edwards Iii Living Trust
Current Estimated Value
$2,246,500

Purchase Details

Closed on
May 31, 2013
Sold by
Edwards Cleia Aguir
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Edwards Catherine Elizabeth
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Edwards John S and Edwards John S
Bought by
Edwards John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Edwards John S -- None Available
Edwards John S -- Servicelink
Edwards John S -- Gateway Title Company
Edwards John S -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Edwards John S $735,000
Closed Edwards John S $350,000
Closed Edwards John S $850,000
Closed Edwards John S $700,000
Closed Edwards John S $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Rented $3,300 0.0% --
12/12/2024 12/12/24 For Rent $3,300 0.0% --
02/21/2023 02/21/23 Rented $3,300 0.0% --
02/21/2023 02/21/23 Under Contract -- -- --
02/20/2023 02/20/23 Price Changed $3,300 +26.9% --
02/16/2023 02/16/23 For Rent $2,600 -21.2% --
12/01/2021 12/01/21 Rented $3,300 0.0% --
11/05/2021 11/05/21 Price Changed $3,300 -2.9% --
08/23/2021 08/23/21 For Rent $3,400 -- --
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 $12,386 $1,005,580 $562,968 $442,612
2024 $12,386 $985,864 $551,930 $433,934
2023 $12,189 $966,534 $541,108 $425,426
2022 $12,027 $947,584 $530,499 $417,085
2021 $11,703 $929,005 $520,098 $408,907
2019 $11,500 $901,673 $504,673 $397,000
2018 $10,819 $883,998 $494,778 $389,220
2016 $10,388 $849,462 $475,566 $373,896
2015 $10,253 $836,703 $468,423 $368,280
2014 $10,134 $820,314 $459,248 $361,066
Source: Public Records

Agents Affiliated with this Home

  • Steven Walter

    Landlord's Agent in 2024

    Steven Walter

    Engel & Volkers Santa Monica

    (310) 717-7255

    3 Total Sales

    Steven Walter
    Section Image
  • Sandra Miller

    Landlord's Co-Listing Agent in 2024

    Sandra Miller

    Engel & Volkers Santa Monica

    (213) 364-9815

    55 Total Sales

    Sandra Miller
    Section Image

  • S

    Tenant's Agent in 2024

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 24-471811

The MLS

APN: 4290-018-009

California Los Angeles County Santa Monica 90401 Downtown Santa Monica

25 Arcadia Terrace Unit 2, Santa Monica, CA

This home is located at 25 Arcadia Terrace Unit 2, Santa Monica, CA 90401 since 12 December 2024 and is currently priced at $2,246,500. This property was built in 1998. 25 Arcadia Terrace Unit 2 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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