NOT LISTED FOR SALE

Estimated Value: $591,000 - $736,000

1 Bed
1 Bath
628 Sq Ft
10,006 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $630,230 $1,004 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,250/month

Highlights

  • Gated Parking
  • Views of Trees
  • Stone Countertops
  • McKinley Elementary School Rated A
  • Midcentury Modern Architecture
  • Galley Kitchen

About This Home

As of July 2023

Location, location, location! Here's a rare opportunity to find an affordable condo rental in the fantastic Mid-City Santa Monica college-streets neighborhood, just blocks from the Pacific Ocean. Close to all the west side: Downtown Santa Monica; the beach; UCLA, Santa Monica College (SMC); Century City; Beverly Hills; LAX; 10 & 405 freeways; plus DTLA via the Expo Line and more. Very walkable neighborhood with access to public transit and bike lanes right outside your door. Close to restaurants, bars, coffee shops, Whole Foods, Bristol Farms and more. Top floor end unit with no upstairs neighbors. French balcony off bedroom. Recently remodeled, with an upgraded kitchen and bathroom and newer appliances, including a tankless water heater that saves you money on your hot showers! Beautiful newer floors with enhanced soundproofing plus new carpet in the bedroom. One covered and gated parking spot. Don't miss this chance to lease one of the most affordable condos in sunny Santa Monica!

Last Agent to Rent the Property

Bradford Schultze

Coldwell Banker Realty License #02071707 Listed on: 07/19/2023

Coldwell Banker Realty

Co-Listed By

Helene Schultze

Coldwell Banker Realty License #02110754

Coldwell Banker Realty

Last Renter's Agent

Helene Schultze

Coldwell Banker Realty License #02110754

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,132

Year Built

  • Built in 1954

Lot Details

  • 10,006

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Views of Trees

Kitchen

  • Galley Kitchen
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Gated Parking

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $2,895
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4267-011-060

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 8 Units
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,132

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Credit Report Amount: 38.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Excludes: Utilities; Renter's Insurance
  • Security Deposit: 2895
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 628
  • Lot Acreage: 0.2297
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Vinyl Plank, Mixed
  • Appliances: Built-In Gas, Microwave, Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled, Galley Kitchen, Stone Counters
  • Laundry: Laundry Closet Stacked, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Washer, Dryer, Dishwasher, Ceiling Fan, Refrigerator, Microwave, Freezer, Garbage Disposal, Stackable W/D Hookup, Range/Oven
  • Price Per S Q F T: 4.61
  • Windows: Window Blinds

Exterior Features

  • Balcony: French
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated, Carport Detached
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Window Unit(s)
  • Heating: Wall Electric
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • Unit Location: Front

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4267-011-060
  • Lot Size Area: 10004

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 29, 2022
Sold by
Normart Gregory Ara
Bought by
Melcher August Michael
Seller's Agent
Bradford Schultze
Coldwell Banker Realty
Buyer's Agent
Daniel Curet-Rodriguez
Christie's International Real Estate SoCal
List Price
$589,000
Sold Price
$630,230
Premium/Discount to List
$41,230
7%
Current Estimated Value
$676,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,179
Avg. Annual Appreciation
2.08%
Original Mortgage
$580,230
Outstanding Balance
$543,882
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$132,527

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 20, 2013
Sold by
Bock Lisa
Bought by
Normart Gregory Ara
Seller's Agent
Lacy Burke
Lacy Burke Broker
Buyer's Agent
Simon Salloom
Douglas Elliman of California, Inc.
List Price
$399,995
Sold Price
$401,000
Premium/Discount to List
$1,005
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$185,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Bock Lisa
Bought by
Bock Lisa

Purchase Details

Closed on
May 25, 2001
Sold by
Bock Lisa M
Bought by
The Lisa Bock Living Trust

Purchase Details

Closed on
Sep 27, 1996
Sold by
Szpikowski W J
Bought by
Bock Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,150
Interest Rate
7.42%
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
Melcher August Michael $630,500 Equity Title
Normart Gregory Ara $401,000 California Title Company
Bock Lisa -- None Available
The Lisa Bock Living Trust -- --
Bock Lisa M $117,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher August Michael $580,230
Previous Owner Normart Gregory Ara $185,000
Previous Owner Bock Lisa $51,900
Previous Owner Bock Lisa M $52,500
Previous Owner Bock Lisa M $51,150
Closed Bock Lisa M $59,929
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Rented $2,895 0.0% --
07/27/2023 07/27/23 Under Contract -- -- --
07/19/2023 07/19/23 For Rent $2,895 0.0% --
04/08/2022 04/08/22 Sold $630,230 +7.0% $1,004 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $589,000 +46.9% $938 / Sq Ft
12/22/2013 12/22/13 Sold $401,000 +0.3% $617 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
11/09/2013 11/09/13 For Sale $399,995 -0.3% $615 / Sq Ft
11/08/2013 11/08/13 Off Market $401,000 -- --
11/08/2013 11/08/13 For Sale $399,995 0.0% $615 / Sq Ft
11/07/2013 11/07/13 For Sale $399,995 0.0% $615 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
10/24/2013 10/24/13 Price Changed $399,995 -7.0% $615 / Sq Ft
10/16/2013 10/16/13 Price Changed $430,000 +7.5% $662 / Sq Ft
10/15/2013 10/15/13 For Sale $400,000 -- $615 / 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 $8,132 $668,771 $535,060 $133,711
2024 $8,132 $655,659 $524,569 $131,090
2023 $7,997 $642,804 $514,284 $128,520
2022 $6,019 $463,210 $370,570 $92,640
2021 $5,852 $454,128 $363,304 $90,824
2019 $5,745 $440,660 $352,529 $88,131
2018 $5,413 $432,020 $345,617 $86,403
2016 $5,208 $415,247 $332,198 $83,049
2015 $5,138 $409,011 $327,209 $81,802
2014 $5,076 $401,000 $320,800 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-292555

The MLS

APN: 4267-011-060