NOT LISTED FOR SALE
17 Beds
14 Baths
7,070 Sq Ft
9,110 Sq Ft Lot

Last Sold March 02, 2016

Last sale price $3,490,000 $494 Per Sq Ft

145 Days on Market

Highlights

  • Side by Side Parking
  • Walk-In Closet
  • Laundry Room
  • Will Rogers Elementary Rated A
  • Tile Countertops
  • Ceramic Tile Flooring

About This Home

As of March 2016

Stunning 7-unit 60's apartment building in Santa Monica's sought after Sunset Park neighborhood. 1 mile from the beach and close to Santa Monica College. Nicely landscaped, enclosed front yard. The building has been extremely well maintained. Seller states updated copper plumbing, including main line and new roof. Highly desirable area for renting in Santa Monica. Always fully rented. 1 upstairs 2 bedroom unit is vacant for owner occupancy and/or update. Consists of 3-3 bedroom units, each with 2 parking spaces, 4-2 bedrooms with 1 parking space + extra parking spot for owner. Please do not disturb tenants. Offer subject to 1031 Exchange.

Last Agent to Sell the Property

Evelyn Lauchenauer

Compass License #01765753 Listed on: 08/05/2015

Compass

Co-Listed By

Keith Endow

Berkshire Hathaway HomeServices California Properties License #00481697

Last Buyer's Agent

Andrew Halff

Centennial Real Estate License #01713518

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 9,110 Sq Ft Lot
  • Fenced
  • Front Yard

Parking

  • 11 Car Garage
  • Carport
  • Side by Side Parking
  • Driveway
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,070 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • Walk-In Closet
  • 14 Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4285-001-031

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 7 Units
  • Owner Managed Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

11

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Stunning 7-unit 60's apartment building in Santa Monica's sought after Sunset Park neighborhood. 1 mile from the beach and close to Santa Monica College.
  • Alley: No
  • Living Area: 7070
  • Probate: No
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Bedrooms: 17
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Low Flow Toilet(s)
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: Community, Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 14.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 495.05

Exterior Features

  • Construction: Stucco, Wood Siding
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter
  • Construction: wood frame
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • Roof: Flat
  • View: No

Garage/Parking

  • Garage Spaces: 11
  • Covered Parking: 11
  • Garage Structures: 2
  • Parking Garage: Assigned, Carport Attached, Carport Detached, Driveway - Concrete, Side By Side
  • Total Parking: 11

Utilities

  • Water District: Metropolitian
  • Water Heater: Central Water Heater, Gas
  • Heating: Wall Gas
  • Water: District
  • Water Heaters: No

Condo/Co-op/Association

  • Association Fees Include: Trash, Water and Sewer Paid
  • Management Company: owner managed

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessed Improvement Value: 459248
  • Assessed Land Value: 551097
  • Assessor Parcel Number: 4285-001-031
  • Geocode Override: No
  • Lot Description: Fenced, Front Yard
  • Lot Size Area: 9110

Rental Info

  • Land Lease Type: Fee
  • Lease Per Month Year: Month

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 17.78
  • Number Of Units: 7
  • Total Annual Expense: 59439
  • Type Of Units: Apartment
  • Vacancy Rate: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $3,490,000 -0.3% $494 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $3,500,000 -- $495 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-929263

The MLS