NOT LISTED FOR SALE

3011 Pico Blvd Santa Monica, CA 90405

Pico Neighborhood

Estimated Value: $1,154,000 - $1,285,724

-- Bed
3 Baths
1,178 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $995,000 $845 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,627/month

125 Days on Market

About This Home

As of October 2019

Prime location in Santa Monica. Triplex currently has 1 vacant unit and two units occupied with tenants that are month-to-month. Property contains one main house and a back building with two studio units. Bathrooms in two of the units have been updated a few years ago. Zoning is SMC4 so great investment opportunity or Buyer may investigate for potential commercial use based on city zoning.

Last Agent to Sell the Property

Brian Selem

Revel Real Estate License #01056044 Listed on: 04/26/2019

Revel Real Estate

Last Buyer's Agent

Sandra Lew

Keller Williams Realty License #01920376

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,054

Year Built

  • Built in 1946

Lot Details

  • 2,497

Home Design

  • 1,178 Sq Ft Home
  • Triplex

Additional Features

  • Oven or Range
  • 3 Bathrooms
  • 2,497 Sq Ft Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4274-033-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,054

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1178
  • Year Built: 1946
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 844.65

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Utilities

  • Electric Expense: 1339.00
  • Water Expense: 1766.00

Fee Information

  • Gas Expense: 644.00
  • Insurance Expense: 837.00
  • Maintenance Expense: 1500.00
  • Other Expense: 594.00

Lot Info

  • Assessed Improvement Value: 74870
  • Assessed Land Value: 474211
  • Assessor Parcel Number: 4274-033-019
  • Geocode Override: No
  • Lot Size Area: 2497

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.47
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 19619
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6940.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Oct 4, 2019
Sold by
Gurrola Daniel J and Gurrola Joyce M
Bought by
Escobedo Timothy Patrick and Escobedo Jodie Ann
Seller's Agent
Brian Selem
Revel Real Estate
Buyer's Agent
Sandra Lew
Keller Williams Realty
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,200,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,181
Avg. Annual Appreciation
3.27%
Original Mortgage
$746,250
Outstanding Balance
$656,628
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$543,553

Purchase Details

Closed on
Feb 9, 2009
Sold by
Gurrola Daniel J
Bought by
Gurrola Daniel J and Gurrola Joyce M

Purchase Details

Closed on
Aug 9, 2002
Sold by
Gurrola Daniel J and Fannie Magdalene Trust
Bought by
The Carmen C Gurrola Trust

Purchase Details

Closed on
Jul 4, 1998
Sold by
Magdaleno Fannie and Gurrola Fannie
Bought by
Gurrola Daniel J and Fannie Magdaleno Trust
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
Escobedo Timothy Patrick $995,000 Progressive Title Company
Gurrola Daniel J -- None Available
Gurrola Daniel J -- None Available
The Carmen C Gurrola Trust -- --
Gurrola Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobedo Timothy Patrick $746,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $995,000 0.0% $845 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $995,000 -- $845 / 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 $13,054 $1,088,173 $842,105 $246,068
2024 $13,054 $1,066,838 $825,594 $241,244
2023 $12,843 $1,045,920 $809,406 $236,514
2022 $12,676 $1,025,413 $793,536 $231,877
2021 $12,353 $1,005,308 $777,977 $227,331
2020 $12,269 $995,000 $770,000 $225,000
2019 $7,377 $571,262 $493,368 $77,894
2018 $6,939 $560,062 $483,695 $76,367
2016 $6,676 $538,315 $464,913 $73,402
2015 $6,587 $530,230 $457,930 $72,300
2014 $6,515 $519,844 $448,960 $70,884
Source: Public Records

Agents Affiliated with this Home

  • Brian Selem

    Seller's Agent in 2019

    Brian Selem

    Revel Real Estate

    (310) 995-9562

    32 Total Sales

    Section Image
  • Sandra Lew

    Buyer's Agent in 2019

    Sandra Lew

    Keller Williams Realty

    (310) 963-1623

    4 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 19-459574

The MLS

APN: 4274-033-019

California Los Angeles County Santa Monica 90404 Pico

3011 Pico Blvd, Santa Monica, CA

This home is located at 3011 Pico Blvd, Santa Monica, CA 90405 since 26 April 2019 and is currently estimated at $1,200,181, approximately $1,018 per square foot. This property was built in 1946. 3011 Pico Blvd is a home located in Los Angeles County with nearby schools including Edison Language Academy, John Adams Middle School, and Santa Monica High School.

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