NOT LISTED FOR SALE

2918 3rd St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $4,004,000 - $4,852,000

7 Beds
6 Baths
3,763 Sq Ft
$1,209/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2015

Last sale price $2,602,415 $692 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $27,812 / mo

6 Days on Market

Highlights

  • Laundry Room
  • Detached Carport Space
  • Central Heating
  • John Muir Elementary School Rated A

About This Home

As of January 2015

PRICE REDUCTION. Motivated sellers. This NON-rent controlled Santa Monica beach triplex is one of those rare opportunities to own a pride of ownership beach property with NO rent control with 3 spacious apartments and no leases. 3 bedroom takes up the entire upper floor with a glimpse of the ocean and private balcony. 2 bedroom in front enjoys a brick garden courtyard with large private patio. 2 bedroom in back enjoys its own private balcony. To be a part of the Santa Monica and Venice community lifestyle, where a bicycle is all that is required is pretty cool. Rents are projected. Inside with accepted offer only.

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 12/06/2014

Co-Listed By

Heather Bell

The Agency License #01897826

Last Buyer's Agent

Vincent Muselli

Muselli Commercial Realtors License #00825237

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,548

Interior Spaces

  • 3,763 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Parking

  • 6 Parking Spaces
  • Detached Carport Space

Additional Features

  • 6,548 Sq Ft Lot
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-024-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,548 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3763
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Room
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 716.18

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 484044
  • Assessed Land Value: 429394
  • Assessor Parcel Number: 4287-024-005
  • Geocode Override: No
  • Lot Size Area: 6548

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Attached

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bought by
Current Estimated Value
$4,547,592

Purchase Details

Closed on
Aug 5, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 6, 2014
Closed on
Dec 18, 2014
Sold by
Bought by
Seller's Agent
Stacey Valnes
Create
Buyer's Agent
Vincent Muselli
Muselli Commercial Realtors
List Price
$2,695,000
Sold Price
$2,602,415
Premium/Discount to List
-$92,585
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Oct 21, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Stewart Title
-- Chicago Title
$2,552,272 Fidelity
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $2,602,415 -3.4% $692 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
12/06/2014 12/06/14 For Sale $2,695,000 -- $716 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $38,986 $3,127,809 $2,187,365 $940,444
2024 $36,590 $3,066,480 $2,144,476 $922,004
2023 $36,009 $3,006,354 $2,102,428 $903,926
2022 $35,573 $2,947,406 $2,061,204 $886,202
2021 $34,711 $2,889,615 $2,020,789 $868,826
2020 $34,476 $2,862,187 $2,000,069 $862,118
2019 $34,137 $2,806,109 $1,960,852 $845,257
2018 $32,041 $2,751,131 $1,922,404 $828,727
2016 $30,881 $2,642,188 $1,847,755 $794,433
2015 $11,455 $931,688 $437,973 $493,715
2014 $11,314 $913,438 $429,394 $484,044
Source: Public Records

Agents Affiliated with this Home

  • Stacey Valnes

    Seller's Agent in 2015

    Stacey Valnes

    Create

    (310) 455-0096

    10 in this area

    55 Total Sales

    Stacey Valnes
    Section Image
  • Heather Bell

    Seller Co-Listing Agent in 2015

    Heather Bell

    The Agency

    (310) 779-7211

    50 Total Sales

    Heather Bell
    Section Image

  • V

    Buyer's Agent in 2015

    Vincent Muselli

    Muselli Commercial Realtors

    (310) 458-4100

    2 Total Sales

    Vincent Muselli
    Section Image
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Map

Source: The MLS

MLS Number: 14-814541

The MLS

APN: 4287-024-005

California Los Angeles County Santa Monica 90405 Ocean Park

2918 3rd St, Santa Monica, CA

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