NOT LISTED FOR SALE

2644 4th St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $2,429,000 - $2,991,000

4 Beds
3 Baths
1,656 Sq Ft
$1,680/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $2,100,000 $1,268 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,316/month

134 Days on Market

Highlights

  • Central Heating
  • John Muir Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2018

PRICE REDUCTION! Don't miss out on this once in a lifetime opportunity to own a pristine turn of the century Santa Monica beach house with a second unit. Both units to be delivered vacant. The perfectly maintained main home features 2 bedrooms and 2 full bathrooms, original hard wood flooring, stunning original wood siding, wood cabinets and counter tops. All plumbing has been updated within the last 7 years, both units have new flash heating units and the main line connection was replaced as well. The 2nd unit features 2 bedrooms and 1 bath. This well maintained and cozy cottage has tremendous income potential considering it is blocks from main street, the beach, and downtown Santa Monica. Don't let this rare opportunity to own California history pass!

Last Agent to Sell the Property

Sean Thomas

MHC Properties License #01837009 Listed on: 04/16/2018

Last Buyer's Agent

Todd Mitchell

Coldwell Banker Realty License #00973400

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,276

Year Built

  • Built in 1904

Lot Details

  • 5,737

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,737 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-011-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,276

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: PRICE REDUCTION! Don't miss out on this once in a lifetime opportunity to own a pristine turn of the century Santa Monica beach house with a second unit. Both units to be delivered vacant. The perfectly maintained main home features 2 bedrooms and 2 full bathrooms, original hardwood flooring, stunning original wood siding, wood cabinets and countertops. All plumbing has been updated within the last 7 years, both units have new flash heating units and the main line connection was replaced as well. The 2nd unit features 2 bedrooms and 1 bath. This well maintained and cozy cottage has tremendous income potential considering it is blocks from main street, the beach, and downtown Santa Monica. Don't let this rare opportunity to own California history pass!
  • Living Area: 1656
  • Stories: 1
  • Year Built: 1904
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 1382.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 8

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 11594
  • Assessed Land Value: 72647
  • Assessor Parcel Number: 4287-011-001
  • Geocode Override: No
  • Lot Size Area: 5737

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Sep 26, 2018
Sold by
Famil Roukas Alexandros Marios and Famil Alexandros Marios Roukas
Bought by
Druckman Myles Christopher and Druckman Christine Jane
Seller's Agent
Sean Thomas
MHC Properties
Buyer's Agent
Todd Mitchell
Coldwell Banker Realty
List Price
$2,325,000
Sold Price
$2,100,000
Premium/Discount to List
-$225,000
-9.68%
Current Estimated Value
$2,782,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,268
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,470,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2006
Sold by
Testamentar Roukas Alexandros Marios and Testamentar James T Anastasiou
Bought by
Famil Roukas Alexandros Marios and Famil Alexandros Marios Roukas
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
Druckman Myles Christopher $2,100,000 Fidelity National Title Comp
Famil Roukas Alexandros Marios -- Equity Title Company
Famil Roukas Alexandros Marios -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Druckman Family Trust $2,936,250
Closed Druckman Myles Christopher $1,470,000
Previous Owner Roukas Alexandros Marios $350,000
Previous Owner Anastasiou Margarita $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $2,100,000 -8.3% $1,268 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
07/05/2018 07/05/18 Price Changed $2,290,000 -1.5% $1,383 / Sq Ft
07/02/2018 07/02/18 For Sale $2,325,000 0.0% $1,404 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/09/2018 06/09/18 Price Changed $2,325,000 -2.1% $1,404 / Sq Ft
05/28/2018 05/28/18 Price Changed $2,375,000 -4.6% $1,434 / Sq Ft
04/30/2018 04/30/18 Price Changed $2,490,000 -5.1% $1,504 / Sq Ft
04/16/2018 04/16/18 For Sale $2,625,000 -- $1,585 / 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 $27,276 $2,342,586 $1,673,277 $669,309
2024 $27,276 $2,296,654 $1,640,468 $656,186
2023 $26,839 $2,251,622 $1,608,302 $643,320
2022 $26,509 $2,207,473 $1,576,767 $630,706
2021 $25,866 $2,164,190 $1,545,850 $618,340
2020 $25,691 $2,142,000 $1,530,000 $612,000
2019 $25,434 $2,100,000 $1,500,000 $600,000
2018 $1,643 $85,924 $74,099 $11,825
2016 $1,555 $82,590 $71,223 $11,367
2015 $1,532 $81,351 $70,154 $11,197
2014 $1,535 $79,758 $68,780 $10,978
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sean Thomas

    MHC Properties

    Section Image
  • Todd Mitchell

    Buyer's Agent in 2018

    Todd Mitchell

    Coldwell Banker Realty

    (310) 720-7222

    20 Total Sales

    Todd Mitchell
    Section Image
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Map

Source: The MLS

MLS Number: 18-333744

The MLS

APN: 4287-011-001

California Los Angeles County Santa Monica 90405 Ocean Park

2644 4th St, Santa Monica, CA

This home is located at 2644 4th St, Santa Monica, CA 90405 since 16 April 2018 and is currently estimated at $2,782,268, approximately $1,680 per square foot. This property was built in 1904. 2644 4th 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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