NOT LISTED FOR SALE

2815 Colorado Ave Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $2,205,000 - $2,839,397

5 Beds
4 Baths
2,760 Sq Ft
$872/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $1,425,000 $516 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $15,088/month

15 Days on Market

About This Home

As of February 2014

Santa Claus has gift wrapped this amazing triplex located right in the heart of SM Studioland. Main house (1,400sf approx. & $3,800 projected rent w/2 private garages) & studio (400sf approx. & $1,200 projected rent w/1 private garage) will be vacant at the close of escrow. 3 + 2 takes up entire 2nd story (nice open space) over 4 private garages & rents for $2,895 & approx. 1,000sf. Huge beautiful lot with a large grassy area between the main house & units/garages. Incredible opportunity. Inside w/accepted offer only. Happy Holidays!

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 12/19/2013

Co-Listed By

Megan Valnes

Create License #01886440

Last Buyer's Agent

Heather Bell

The Agency License #01897826

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,907

Year Built

  • Built in 1941

Lot Details

  • 7,548 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-024-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,907

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2760
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 470.65

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessor Parcel Number: 4267-024-032
  • Geocode Override: No
  • Lot Size Area: 7548

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.70
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: detached
  • Vacancy Rate: 66%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2020
Sold by
Nikfarjam Jonathan and Nikfarjam Nilofar Sedaghatfar
Bought by
Nikfarjam Jonathan and Nikfarjam Nilofar Sedaghatfar
Current Estimated Value
$2,449,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2013
Closed on
Jan 29, 2014
Sold by
Michael T
Bought by
Nikfarjam Jonathan and Sedaghatfar Nilofar
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Heather Bell
The Agency
List Price
$1,299,000
Sold Price
$1,425,000
Premium/Discount to List
$126,000
9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$1,068,750
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Michael T
Bought by
Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bond Michael T and Bond Michael Teri
Bought by
Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2004
Sold by
Bond Michael T and Bond Michael Teri
Bought by
Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Michael T
Bought by
Michael T Michael T and Michael Teri Bond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bond Michael T and Bond Michael Teri
Bought by
Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2000
Sold by
Kianmahd Bahman and Kianmahd Susan N
Bought by
Bond Michael T and Bond Michael Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.96%
Mortgage Type
Stand Alone Second
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
Nikfarjam Jonathan -- Wfg National Title Co Of Ca
Nikfarjam Jonathan $1,425,014 Fidelity Sherman Oaks
Michael T -- Accommodation
Michael T -- --
Michael T -- Ticor Title Co
Michael T Michael T -- --
Michael T -- Financial Title Company
Bond Michael T $590,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikfarjam Jonathan $1,600,000
Closed Nikfarjam Jonathan $1,875,000
Closed Nikfarjam Jonathan $1,045,000
Closed Nikfarjam Jonathan $1,068,750
Previous Owner Michael T $120,000
Previous Owner Michael T $792,000
Previous Owner Michael T $60,000
Previous Owner Michael T $775,000
Previous Owner Michael T $516,000
Previous Owner Michael T $516,000
Previous Owner Michael T $150,000
Previous Owner Michael T Michael $80,000
Previous Owner Michael T $556,000
Previous Owner Michael T $556,000
Previous Owner Michael T $556,000
Previous Owner Michael T $59,000
Previous Owner Bond Michael T $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $1,425,000 +9.7% $516 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $1,299,000 -- $471 / 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 $20,907 $1,746,846 $1,225,859 $520,987
2024 $20,907 $1,712,595 $1,201,823 $510,772
2023 $20,573 $1,679,015 $1,178,258 $500,757
2022 $20,313 $1,646,094 $1,155,155 $490,939
2021 $19,803 $1,613,818 $1,132,505 $481,313
2020 $19,668 $1,597,271 $1,120,893 $476,378
2019 $19,469 $1,565,953 $1,098,915 $467,038
2018 $18,273 $1,535,249 $1,077,368 $457,881
2016 $17,599 $1,475,635 $1,035,534 $440,101
2015 $17,370 $1,453,471 $1,019,980 $433,491
2014 $9,135 $725,226 $523,641 $201,585
Source: Public Records

Agents Affiliated with this Home

  • Stacey Valnes

    Seller's Agent in 2014

    Stacey Valnes

    Create

    (310) 455-0096

    2 in this area

    77 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Megan Valnes

    Create

    Section Image
  • Heather Bell

    Buyer's Agent in 2014

    Heather Bell

    The Agency

    (310) 779-7211

    45 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-724885

The MLS

APN: 4267-024-032

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

2815 Colorado Ave, Santa Monica, CA

This home is located at 2815 Colorado Ave, Santa Monica, CA 90404 since 19 December 2013 and is currently estimated at $2,405,849, approximately $871 per square foot. This property was built in 1941. 2815 Colorado Ave is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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