H
Seller's Agent in 2016
Helen Chong , CCIM
Haylen
2618 2nd St Santa Monica, CA 90405
Ocean Park NeighborhoodEstimated Value: $2,181,000 - $3,052,000
6
Beds
6
Baths
2,366
Sq Ft
$1,126/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Open Floorplan
- Granite Countertops
- John Muir Elementary School Rated A
- Wood Flooring
- 2-minute walk to Beach Park #1
About This Home
As of September 2016over 5 cap...rare return in Santa Monica for such prime location! 3 beautiful units can be delivered vacant upon request! It is located in the historical Ocean Park neighborhood just 1 block from the Main Street and 2 blocks from the Sand! The front house (Unit A), is a 2 bedroom 2 bath and has been completely updated and retrofitted in recent years, includes updated kitchen and baths, central AC and open floor plan. Behind the front house, it sits a separate building with two units with their own separate entrances. Top unit is a 2 bedroom and 2 bathroom, large patio with a view, inside includes tons of natural light and an original fireplace. Downstairs unit which also includes a separate private entrance with 2 bedrooms plus den and 2 bathrooms with updated bathrooms, ceiling fans and kitchen. Buyer to cooperate with Seller on 1031 exchange at no cost to buyer. Offer subject to inspection, but video tour of interior is available to show. Please inquire with your agent.
Last Agent to Sell the Property
Helen Chong , CCIM
Haylen License #01700495 Listed on: 04/07/2016
Last Buyer's Agent
David Brizendine
The Address, Inc. License #01879711
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,536
Year Built
- Built in 1907 | Remodeled
Lot Details
- 2,502 Sq Ft Lot
- No Common Walls
- Wood Fence
- Fence is in excellent condition
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Shingle Roof
Interior Spaces
- 2,366 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Living Room with Fireplace
- Den
- Wood Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Updated Kitchen
- Gas Range
- Microwave
- Ice Maker
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Additional Features
- Balcony
- Urban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 7 / Q
- Assessor Parcel Number 4288002003
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,562
- Maintenance Expense $2,400
- Other Expense $180
- Professional Management Expense $11,815
- Water Sewer Expense $2,154
- New Taxes Expense $28,600
- Gross Income $14,500
- Net Operating Income $123,202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2021
Sold by
Fluent Mark and Fluent Justine
Bought by
Mjdg Family Trust and Fluent
Current Estimated Value
Purchase Details
Listed on
Apr 7, 2016
Closed on
Aug 8, 2016
Sold by
Magnus Windsor Llc
Bought by
Fluent Mark and Fluent Justine
Seller's Agent
Helen Chong , CCIM
Haylen
Buyer's Agent
David Brizendine
The Address, Inc.
List Price
$2,288,800
Sold Price
$2,035,000
Premium/Discount to List
-$253,800
-11.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$1,424,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 12, 2012
Closed on
Sep 4, 2012
Sold by
Shabtay Ann
Bought by
Liu Tzu Shang Thomas and Liu Winnie
Seller's Agent
E. Ronnie Shabtay
Realty Source Incorporated
Buyer's Agent
Helen Chong
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$780,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2011
Sold by
Shabtay Issachar
Bought by
Shabtay Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 2009
Sold by
Hirsch Anthony Dean
Bought by
Shabtay Ann
Purchase Details
Closed on
Jan 30, 2006
Sold by
Lauer Andrew and Lauer Melisa
Bought by
Hirsch Anthony Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mjdg Family Trust | -- | Fidelity National Title | |
| Fluent Mark | $2,035,000 | Chicago Title | |
| Liu Tzu Shang Thomas | $1,300,000 | Chicago Title Company | |
| Shabtay Ann | -- | -- | |
| Shabtay Ann | -- | None Available | |
| Hirsch Anthony Dean | $870,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fluent Mark | $1,424,000 | |
| Previous Owner | Fluent Mark | $1,424,500 | |
| Previous Owner | Liu Tzu Shang Thomas | $780,000 | |
| Previous Owner | Shabtay Ann | $750,000 | |
| Previous Owner | Hirsch Anthony Dean | $609,000 | |
| Previous Owner | Lauer Andrew | $562,500 | |
| Previous Owner | Lauer Andrew | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2016 09/29/16 | Sold | $2,035,000 | -11.1% | $860 / Sq Ft |
| 05/19/2016 05/19/16 | Pending | -- | -- | -- |
| 04/07/2016 04/07/16 | For Sale | $2,288,800 | +76.1% | $967 / Sq Ft |
| 09/07/2012 09/07/12 | Sold | $1,300,000 | -5.5% | $473 / Sq Ft |
| 07/25/2012 07/25/12 | Pending | -- | -- | -- |
| 06/23/2012 06/23/12 | For Sale | $1,375,000 | +5.8% | $500 / Sq Ft |
| 06/19/2012 06/19/12 | Off Market | $1,300,000 | -- | -- |
| 06/17/2012 06/17/12 | Price Changed | $1,375,000 | -0.2% | $500 / Sq Ft |
| 06/14/2012 06/14/12 | Price Changed | $1,378,000 | -1.4% | $501 / Sq Ft |
| 06/12/2012 06/12/12 | For Sale | $1,398,000 | -- | $508 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $27,536 | $2,361,785 | $969,086 | $1,392,699 |
| 2024 | $27,536 | $2,315,477 | $950,085 | $1,365,392 |
| 2023 | $27,096 | $2,270,076 | $931,456 | $1,338,620 |
| 2022 | $26,765 | $2,225,566 | $913,193 | $1,312,373 |
| 2021 | $26,114 | $2,181,929 | $895,288 | $1,286,641 |
| 2020 | $25,937 | $2,159,557 | $886,108 | $1,273,449 |
| 2019 | $25,680 | $2,117,214 | $868,734 | $1,248,480 |
| 2018 | $24,151 | $2,075,700 | $851,700 | $1,224,000 |
| 2016 | $17,985 | $1,529,145 | $1,071,442 | $457,703 |
| 2015 | $17,753 | $1,506,176 | $1,055,348 | $450,828 |
| 2014 | $17,507 | $1,476,673 | $1,034,676 | $441,997 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2016
David Brizendine
The Address, Inc.
-
E
Seller's Agent in 2012
E. Ronnie Shabtay
Realty Source Incorporated
-
M
Seller Co-Listing Agent in 2012
Maya Vander
The Oppenheim Group, Inc.
-
H
Buyer's Agent in 2012
Helen Chong
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16072737
APN: 4288-002-003
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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