NOT LISTED FOR SALE

Estimated Value: $1,878,000 - $3,274,797

4 Beds
4 Baths
2,374 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $1,725,000 $727 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,284/month

13 Days on Market

Highlights

  • Floor Furnace
  • Grant Elementary School Rated A+
  • 1-Story Property

About This Home

As of September 2014

Rare Remodeled Vintage 4Plex on an Oversized Lot in the Heart of Sunset Park!A Storybook flavor pervades the lovingly maintained property.Four 1 Bedroom + 1 Bath Cottage-style apartments,all with Hardwood Floors and lots of natural light, all with Washer/Dryer inside.Each Cottage has it's own design character, & all open to a lovely private gated-courtyard garden.The back 2 Units have been remodeled with Contemporary flair-Gorgeous Kitchens & Bathrooms, Glass block walls, French Doors, and recessed lighting.The front 2 Units have a Vintage Cottage feel,also highly desired as rental Units in Santa Monica.Vines trail over the arbor that spans the driveway to the garages;1 garage is currently used for storage, and the other is a pitched-ceiling Studio with Double French Doors looking out to the back garden.There is a back garden off of the rear unit with its' deck and the Studio witht brickpatio.Close to thriving Ocean Park Boulevard Shops & Restaurants! A very walkable neighborhood!

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 08/06/2014

Last Buyer's Agent

Ted Craddock

License #01753302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,736

Year Built

  • Built in 1940

Lot Details

  • 9,015 Sq Ft Lot

Interior Spaces

  • 2,374 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Parking Permit Required

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4270-015-141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,736

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2374
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Range/Oven, Washer
  • Price Per S Q F T: 693.77

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Permit/Decal
  • Total Parking: 2

Utilities

  • Heating: Combination, Floor Furnace, Wall

Lot Info

  • Assessed Improvement Value: 85760
  • Assessed Land Value: 263914
  • Assessor Parcel Number: 4270-015-141
  • Geocode Override: No
  • Lot Size Area: 9015

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 14868
  • Type Of Units: Cottage apt
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Seaside 28Th Llc
Bought by
Seaside 28Th Llc
Current Estimated Value
$2,693,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,043,180
Interest Rate
2.8%
Estimated Equity
$1,832,006

Purchase Details

Listed on
Aug 6, 2014
Closed on
Nov 20, 2014
Sold by
Clearwater Partners Llc
Bought by
Seaside 28Th Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Ted Craddock
List Price
$1,647,000
Sold Price
$1,725,000
Premium/Discount to List
$78,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 15, 2014
Sold by
Beckonheart Llc
Bought by
Clearwater Partners Llc
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Ted Craddock
List Price
$1,647,000
Sold Price
$1,725,000
Premium/Discount to List
$78,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2010
Sold by
King Marilyn L
Bought by
Beckonheart Llc
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
Seaside 28Th Llc -- Fidelity National Title Co
Seaside 28Th Llc -- None Available
Clearwater Partners Llc $1,725,000 Fidelity National Title Co
Beckonheart Llc -- None Available
King Marilyn L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaside 28Th Llc $1,200,000
Previous Owner Clearwater Partners Llc $1,207,500
Previous Owner Beckonheart Llc $40,000
Previous Owner King Marilyn L $200,000
Previous Owner King Marilyn L $500,000
Previous Owner King Marilyn L $250,000
Previous Owner King Marilyn L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $1,725,000 +4.7% $727 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $1,647,000 -- $694 / 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 $24,736 $2,073,184 $1,442,217 $630,967
2024 $24,736 $2,032,535 $1,413,939 $618,596
2023 $24,340 $1,992,682 $1,386,215 $606,467
2022 $24,035 $1,953,611 $1,359,035 $594,576
2021 $23,439 $1,915,306 $1,332,388 $582,918
2019 $23,044 $1,858,838 $1,292,869 $565,969
2018 $21,638 $1,822,398 $1,267,519 $554,879
2016 $20,855 $1,751,306 $1,218,300 $533,006
2015 $20,584 $1,725,000 $1,200,000 $525,000
2014 -- $351,261 $265,112 $86,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-783619

The MLS

APN: 4270-015-141