NOT LISTED FOR SALE

2901 Wilshire Blvd Santa Monica, CA 90403

Northeast Neighborhood

Estimated Value: $34,184,732

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

About This Home

This home is located at 2901 Wilshire Blvd, Santa Monica, CA 90403 and is currently estimated at $34,184,732. 2901 Wilshire Blvd is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2018
Sold by
Yale Wilshire Ltd
Bought by
2901 Mp Llc and 2091 Dp Llc
Current Estimated Value
$34,184,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000,000
Outstanding Balance
$20,057,368
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$23,266,776

Purchase Details

Closed on
Oct 10, 2012
Sold by
Phinny Patrick S
Bought by
Yale Wilshire Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 1996
Sold by
Phinny Gina Graves
Bought by
Phinny Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,100
Interest Rate
8.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
2901 Mp Llc $30,560,000 Fidelity National Title Comp
Yale Wilshire Ltd $1,500,015 Old Republic Title Co La
Phinny Patrick S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2901 Mp Llc $23,000,000
Previous Owner Yale Wilshire Ltd $7,500,000
Previous Owner Phinny Patrick S $225,000
Previous Owner Phinny Patrick S $140,000
Previous Owner Yale Wilshire Ltd $175,000
Previous Owner Phinny Patrick S $168,100
Source: Public Records

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 $390,748 $32,350,048 $13,386,227 $18,963,821
2024 $390,748 $33,421,823 $13,889,305 $19,532,518
2023 $384,580 $32,766,494 $13,616,966 $19,149,528
2022 $380,111 $32,124,015 $13,349,967 $18,774,048
2021 $371,112 $31,494,133 $13,088,203 $18,405,930
2019 $365,100 $30,560,000 $12,700,000 $17,860,000
2018 $108,356 $9,184,666 $3,826,942 $5,357,724
2016 $104,026 $8,828,016 $3,678,338 $5,149,678
2015 $102,715 $8,695,412 $3,623,086 $5,072,326
2014 $101,383 $8,525,082 $3,552,115 $4,972,967
Source: Public Records

Map

California Los Angeles County Santa Monica 90403 Northeast

2901 Wilshire Blvd, Santa Monica, CA

This home is located at 2901 Wilshire Blvd, Santa Monica, CA 90403 and is currently estimated at $34,184,732. 2901 Wilshire Blvd is a home located in Los Angeles County with nearby schools including Franklin 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.

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