NOT LISTED FOR SALE

2866 Exposition Blvd Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $1,517,000 - $1,751,000

4 Beds
4 Baths
2,750 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $1,550,000 $564 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,819/month

41 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Lawn
  • 1-minute walk to Ishihara Park
  • Edison Language Academy Rated A+
  • 4 Car Garage

About This Home

As of March 2024

**UPDATE - BACK ON THE MARKET FOR SHORT PERIOD OF TIME! THOSE WHO HAVE SUBMITTED OFFERS WILL BE INVITED TO AN OPENING OF ALL OF THE UNITS NEXT WEEK. THERE WILL BE NO SHOWINGS WITHOUT OFERS! ** Desirable mid century fourplex on a corner lot includes four 1 bd + 1 ba units and detached garages with alley access. Investment and/or development opportunities range from upside rent potential and possible ADU addition (buyer to verify). Cash flows as-is or can be a true value added investment opportunity!

Last Agent to Sell the Property

Dave Miller

Miller & Desatnik Realty Co. License #02105346 Listed on: 01/16/2024

Co-Listed By

Errol Spiro

Miller & Desatnik Realty Co. License #00893163

Last Buyer's Agent

Dave Miller

Miller & Desatnik Realty Co. License #02105346 Listed on: 01/16/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,990 Sq Ft Lot
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4268-019-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,990 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2750
  • Lot Acreage: 0.1146
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Freezer, Range/Oven
  • Price Per S Q F T: 543.64

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached, Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Percent: 38.09
  • Assessed Improvement Value: 127727
  • Assessed Land Percent: 61.91
  • Assessed Land Value: 207565
  • Total Assessed Value: 335292
  • Assessor Parcel Number: 4268-019-030
  • Lot Description: 2-4 Lots, Front Yard, Lawn
  • Lot Size Area: 4990

Rental Info

  • Total Actual Rent: 7344.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.96
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Roohani Iraj
Bought by
Roohani Living Trust and Roohani
Current Estimated Value
$1,597,337

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 15, 2024
Sold by
Kheibari Mojgan
Bought by
Roohani Iraj
Seller's Agent
Dave Miller
Miller & Desatnik Realty Co.
Buyer's Agent
Dave Miller
Miller & Desatnik Realty Co.
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$1,085,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 13, 2024
Sold by
Leeds Family Trust and Leeds Merrill P
Bought by
Roohani Iraj
Seller's Agent
Dave Miller
Miller & Desatnik Realty Co.
Buyer's Agent
Dave Miller
Miller & Desatnik Realty Co.
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Leeds Merrill P and Leeds Nicolle
Bought by
Leeds Merrill P and Leeds Nicolle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2012
Sold by
Leeds Merrill P and Leeds Nicolle
Bought by
Leeds Merrill P and Leeds Nicolle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2004
Sold by
Leeds Merrill P and Leeds Nicolle
Bought by
Leeds Merrill P

Purchase Details

Closed on
Sep 9, 2002
Sold by
Leeds Merrill and Leeds Nicolle
Bought by
Leeds Merrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.17%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Leeds Merrill and Leeds Nicolle
Bought by
Leeds Merrill P

Purchase Details

Closed on
Aug 3, 1995
Sold by
Ishiwata Yayoi and Yayoi Ishiwata 1991 Trust
Bought by
Leeds Merrill
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roohani Living Trust -- None Listed On Document
Roohani Iraj -- Old Republic Title
Roohani Iraj $1,550,000 Old Republic Title
Leeds Merrill P -- Ticor Title Company Of Ca
Leeds Merrill P -- Accommodation
Leeds Merrill P -- First American Title Company
Leeds Merrill P -- --
Leeds Merrill -- First American
Leeds Merrill P -- --
Leeds Merrill $105,000 Continental Lawyers Title Co
Leeds Merrill $105,000 Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roohani Iraj $1,085,000
Previous Owner Leeds Merrill P $402,000
Previous Owner Leeds Merrill P $275,200
Previous Owner Leeds Merrill $263,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $1,550,000 +3.7% $564 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $1,495,000 0.0% $544 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,495,000 -- $544 / Sq Ft
Source: The MLS

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 $5,002 $1,581,000 $1,275,000 $306,000
2024 $5,002 $341,997 $211,716 $130,281
2023 $4,920 $335,292 $207,565 $127,727
2022 $4,841 $328,719 $203,496 $125,223
2021 $4,685 $322,274 $199,506 $122,768
2019 $4,594 $312,718 $193,590 $119,128
2018 $4,313 $306,588 $189,795 $116,793
2016 $4,119 $294,684 $182,426 $112,258
2015 $4,063 $290,258 $179,686 $110,572
2014 $4,042 $284,574 $176,167 $108,407
Source: Public Records

Agents Affiliated with this Home

  • Dave Miller

    Seller's Agent in 2024

    Dave Miller

    Miller & Desatnik Realty Co.

    (310) 939-9300

    1 in this area

    29 Total Sales

    Dave Miller
    Section Image
  • Errol Spiro

    Seller Co-Listing Agent in 2024

    Errol Spiro

    Miller & Desatnik Realty Co.

    (310) 202-9166

    1 in this area

    30 Total Sales

    Errol Spiro
    Section Image
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Map

Source: The MLS

MLS Number: 24-348077

The MLS

APN: 4268-019-030

California Los Angeles County Santa Monica 90404 Pico

2866 Exposition Blvd, Santa Monica, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 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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