NOT LISTED FOR SALE

2546 3rd St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,731,000 - $3,341,000

4 Beds
4 Baths
2,052 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $2,026,000 $987 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,471/month

18 Days on Market

Highlights

  • Bungalow
  • Garage
  • 4-minute walk to Beach Park #1
  • John Muir Elementary School Rated A
  • 1-Story Property

About This Home

As of March 2017

Classic California Bungalows offering four units in the desirable Ocean Park neighborhood just blocks from the beach. Conveniently located moments from trendy Main Street shops and restaurants. These charming well kept units are all 1BR & 1BA configuration with approximately 500 interior square feet each. Features include hardwood floors, tastefully tiled kitchens and bathrooms providing the quintessential beach living. Property has excellent potential offering an over sized lot with spacious backyard, separate four car garage and addition storage spaces. First time on the market in over 50 years! This is a "Trust Sale" with no court confirmation required. Property is being sold in "AS-IS" condition and tenant occupied.

Last Agent to Sell the Property

Susan L Andrews

Compass License #01425843 Listed on: 02/16/2017

Compass

Last Buyer's Agent

Berta Hakimi Negari

Beverly Hills Mint License #00886761

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,106

Year Built

  • Built in 1931

Lot Details

  • 6,485

Home Design

  • Bungalow

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • On-Street Parking

Additional Features

  • 6,485 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-010-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,106

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 2052
  • Probate: No
  • Stories: 1
  • Year Built: 1931
  • Number Of Photos: 30
  • 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
  • Price Per S Q F T: 804.09

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage, On street

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 23175
  • Assessed Land Value: 77020
  • Assessor Parcel Number: 4287-010-010
  • Geocode Override: No
  • Lot Size Area: 6485

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 4393.62
  • Type Of Units: 4 Units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Xyz Rent 10 Llc
Bought by
Live Xyz Lp
Current Estimated Value
$2,505,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,205,141
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,132,444

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 9, 2017
Sold by
Dowler Guerrero Dorit D
Bought by
Xyz Rent 10 Llc
Seller's Agent
Susan L Andrews
Compass
Buyer's Agent
Berta Hakimi Negari
Beverly Hills Mint
List Price
$1,650,000
Sold Price
$2,026,000
Premium/Discount to List
$376,000
22.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%
Original Mortgage
$1,418,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Live Xyz Lp -- Consumers Title Co Of Ca
Xyz Rent 10 Llc $2,026,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Live Xyz Lp $1,365,000
Closed Xyz Rent 10 Llc $1,418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $2,026,000 +22.8% $987 / Sq Ft
02/16/2017 02/16/17 For Sale $1,650,000 -- $804 / 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 $11,106 $865,000 $769,000 $96,000
2024 $11,106 $865,000 $769,000 $96,000
2023 $11,123 $865,000 $769,000 $96,000
2022 $26,921 $2,215,724 $1,968,562 $247,162
2021 $26,264 $2,200,000 $1,700,000 $500,000
2020 $26,087 $2,150,006 $1,910,174 $239,832
2019 $25,825 $2,107,850 $1,872,720 $235,130
2018 $24,254 $2,066,520 $1,836,000 $230,520
2016 $1,952 $100,195 $77,020 $23,175
2015 $1,923 $98,691 $75,864 $22,827
2014 $1,937 $96,758 $74,378 $22,380
Source: Public Records

Agents Affiliated with this Home

  • Susan L Andrews

    Seller's Agent in 2017

    Susan L Andrews

    Compass

    (310) 652-6285

    41 Total Sales

    Susan L Andrews
    Section Image

  • B

    Buyer's Agent in 2017

    Berta Hakimi Negari

    Beverly Hills Mint

    (310) 765-7500

    5 Total Sales

    Berta Hakimi Negari
    Section Image
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Map

Source: The MLS

MLS Number: 17-200208

The MLS

APN: 4287-010-010

California Los Angeles County Santa Monica 90405 Ocean Park

2546 3rd St, Santa Monica, CA

This home is located at 2546 3rd St, Santa Monica, CA 90405 since 16 February 2017 and is currently estimated at $2,505,232, approximately $1,220 per square foot. This property was built in 1931. 2546 3rd St 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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