NOT LISTED FOR SALE

2534 7th St Unit 4 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,853,000 - $2,893,000

2 Beds
1 Bath
820 Sq Ft
7,967 Sq Ft Lot

Highlights

  • Ocean View
  • 0.18 Acre Lot
  • Wood Flooring
  • John Muir Elementary School Rated A
  • Traditional Architecture
  • Open Patio

About This Home

As of March 2024

Discover a delightful, distinctive 2-bedroom, 1-bathroom residence nestled on a hill in the tranquil Ocean Park area just west of Lincoln. Enjoy the secluded rear location with abundant natural light, sweeping views, gorgeous hardwood floors and a cozy wood-burning fireplace. Convenient amenities include a dishwasher, stove, refrigerator and washer/dryer ensuring a comfortable and convenient living experience. The residence boasts 2 private patio decks ideal for al fresco dining and a shared rear yard with a built-in BBQ pit, surrounded by lush mature foliage, providing a serene outdoor retreat. The unit also features a private garage with a washer/dryer and sink, offering versatility for use as an office space or to park your car. Additionally, there is driveway parking in front of the garage. Situated in a wonderful residential neighborhood near Main Street's enticing shops, restaurants, and the beach, offering stunning ocean and mountain views. The unit is offered unfurnished and prefers no pets.

Last Agent to Rent the Property

Jennifer Hughes

Compass License #01440438 Listed on: 02/27/2024

Compass

Last Renter's Agent

Jennifer Hughes

Compass License #01440438 Listed on: 02/27/2024

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,275

Year Built

  • Built in 1938

Lot Details

  • 7,967

Property Views

  • Ocean
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 820 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Driveway

Additional Features

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

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Security Deposit $10,500
  • Tenant pays for electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 4287-003-010

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,275

Year Built

Built in 1938

Lot Details

0

Rental Info

  • Security Deposit: 10500
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 820
  • Lot Acreage: 0.1829
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Wood Burning, Living Room
  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Hood Fan, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 6.40

Exterior Features

  • Pool: No
  • View: Ocean, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 4287-003-010
  • Lot Size Area: 7966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2003
Sold by
Zambas Walter Nicholas and Zambas Janet Lynn
Bought by
Zambas Walter Nicholas and Zambas Janet Lynn
Current Estimated Value
$2,354,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.85%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Zambas Walter N and Zambas Janet Lynn
Bought by
Zambas Walter Nicholas and Zambas Janet Lynn

Purchase Details

Closed on
Oct 19, 1999
Sold by
Zambas Anthony
Bought by
Zambas Walter N and Zambas Janet Lynn

Purchase Details

Closed on
Feb 2, 1999
Sold by
Zambas Anthony and Zambas Walter N
Bought by
Zambas Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,500
Interest Rate
6.73%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Hansen Zambas Anthony and Hansen Zambas Annette
Bought by
Zambas Anthony and Zambas Walter N

Purchase Details

Closed on
Apr 2, 1997
Sold by
Eileen Golden Trust
Bought by
Zambas Walter N and Zambas Janet Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,500
Interest Rate
7.96%
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
Zambas Walter Nicholas -- --
Zambas Walter Nicholas -- First American Title Co
Zambas Walter Nicholas -- --
Zambas Walter N -- --
Zambas Anthony -- Investors Title Company
Zambas Anthony -- --
Hansen Zambas Anthony -- --
Zambas Walter N $430,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zambas Walter Nicholas $300,000
Closed Zambas Walter Nicholas $440,000
Previous Owner Zambas Anthony $303,500
Previous Owner Zambas Walter N $300,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Rented $5,250 0.0% --
03/07/2024 03/07/24 Under Contract -- -- --
02/27/2024 02/27/24 For Rent $5,250 +25.1% --
06/17/2016 06/17/16 Rented $4,195 0.0% --
06/08/2016 06/08/16 For Rent $4,195 -- --
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 $9,275 $699,663 $488,599 $211,064
2024 $9,275 $685,945 $479,019 $206,926
2023 $9,127 $672,496 $469,627 $202,869
2022 $8,997 $659,311 $460,419 $198,892
2021 $8,739 $646,385 $451,392 $194,993
2019 $8,582 $628,014 $438,004 $190,010
2018 $8,010 $615,716 $429,416 $186,300
2016 $7,679 $591,041 $412,743 $178,298
2015 $7,577 $582,164 $406,544 $175,620
2014 $7,506 $570,761 $398,581 $172,180
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hughes

    Landlord's Agent in 2024

    Jennifer Hughes

    Compass

    (310) 383-7299

    24 Total Sales

    Jennifer Hughes
    Section Image

  • A

    Seller's Agent in 2016

    Arin Larson

    Redwood Realty

See All Agents

Map

Source: The MLS

MLS Number: 24-361477

The MLS

APN: 4287-003-010

California Los Angeles County Santa Monica 90405 Ocean Park

2534 7th St Unit 4, Santa Monica, CA

This home is located at 2534 7th St Unit 4, Santa Monica, CA 90405 since 27 February 2024 and is currently priced at $2,354,441. This property was built in 1938. 2534 7th St Unit 4 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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