NOT LISTED FOR SALE

3032 Exposition Blvd Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $1,705,000 - $2,003,035

3 Beds
3 Baths
1,495 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,750,000 $1,171 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,744/month

38 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Landscaped
  • Edison Language Academy Rated A
  • Laundry Room
  • 4-minute walk to Ishihara Park

About This Home

As of December 2021

Welcome to 3032 Exposition Blvd. The best Owner-User triplex on the Westside. The minute you arrive, you’ll love the turf landscaping and drought tolerant plants. Ensuring a perfect yard everyday while reducing your need for gardening services and additional water use. Inside, we’ve completely remodeled and restored the vacant units consistent with what you would find in new construction homes. White shaker cabinets, quartz marble counter tops, restored original hardwood floors and large, private patios. It’s all been redone. This property features an extremely desirable location being close to the Metro Rail Station, Beach Bodies Corp, Riot Games, etc. With two units open for occupancy, move into one unit and rent the others for top dollar.

Last Agent to Sell the Property

Anthony Kelly

Coldwell Banker Realty License #01450642 Listed on: 10/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Joyce Goldstein

CB Richard Ellis L.A. North Universal City License #01903737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,906

Year Built

  • Built in 1953

Lot Details

  • 5,000 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • 1,495 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 7993
  • Assessor Parcel Number 4268023007
  • $813 per year additional tax assessments

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,212
  • Operating Expense $5,923
  • Gross Income $600
  • Net Operating Income $23,572

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,906

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 599667
  • Property Attached: Yes
  • Zoning: SMR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4268023007
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 1170.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Street Lights, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 600.00
  • Gross Scheduled Income: 31047.00
  • Insurance Expense: 1212.00
  • Laundry Income: 600.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 23572.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5923.00
  • Rent Control: Yes
  • Total Expenses: 5923.00

Tax Info

  • Tax Census Tract: 7018.01
  • Tax Lot: 33
  • Tax Tract Number: 7993
  • TaxOtherAnnualAssessmentAmount: 813.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Dec 14, 2021
Sold by
Swartz Bruce and Johns Linda
Bought by
Variel Court Lp
Seller's Agent
Anthony Kelly
Coldwell Banker Realty
Buyer's Agent
Joyce Goldstein
CB Richard Ellis L.A. North Universal City
List Price
$1,699,000
Sold Price
$1,750,000
Premium/Discount to List
$51,000
3%
Current Estimated Value
$1,834,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,509
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Jan 14, 2021
Sold by
Swartz Bruce and Johns Linda
Bought by
Swartz Bruce and Johns Linda

Purchase Details

Closed on
Jun 8, 2011
Sold by
Rice Christina and Rice Zander
Bought by
Swartz Bruce and Johns Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Rice Christina Swinehart
Bought by
Rice Christina and Rice Zander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Swinehart Christina
Bought by
Exposition Apartments Llc

Purchase Details

Closed on
Oct 10, 2005
Sold by
Ghassemi Jason
Bought by
Swinehart Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2005
Sold by
Ghassemi Masood
Bought by
Ghassemi Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Ando Koshi and Ando Florence T
Bought by
Ghassemi Jason
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
Variel Court Lp $1,750,000 First American Title
Swartz Bruce -- Accommodation
Swartz Bruce -- Accommodation
Swartz Bruce $987,509 Fidelity Van Nuys
Rice Christina -- Accommodation
Rice Christina Swinehart -- Accommodation
Exposition Apartments Llc -- None Available
Swinehart Christina $950,000 Commonwealth Title
Ghassemi Jason -- Commonwealth Title
Ghassemi Jason $675,000 Equity Title
Ghassemi Masood -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swartz Bruce $500,000
Previous Owner Swartz Bruce $592,500
Previous Owner Swinehart Christina $175,000
Previous Owner Swinehart Christina $665,000
Previous Owner Ghassemi Jason $95,000
Previous Owner Ghassemi Jason $540,000
Closed Ghassemi Jason $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,750,000 -2.7% $1,171 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/02/2021 11/02/21 Price Changed $1,799,000 +5.9% $1,203 / Sq Ft
10/09/2021 10/09/21 For Sale $1,699,000 -- $1,136 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,906 $1,857,114 $1,591,812 $265,302
2024 $21,906 $1,820,700 $1,560,600 $260,100
2023 $21,555 $1,785,000 $1,530,000 $255,000
2022 $21,286 $1,750,000 $1,500,000 $250,000
2021 $14,140 $1,145,889 $1,029,853 $116,036
2020 $14,043 $1,134,141 $1,019,294 $114,847
2019 $13,898 $1,111,904 $999,308 $112,596
2018 $13,057 $1,090,103 $979,714 $110,389
2016 $12,579 $1,047,774 $941,671 $106,103
2015 $12,415 $1,032,037 $927,527 $104,510
2014 $12,255 $1,011,822 $909,359 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Anthony Kelly

    Seller's Agent in 2021

    Anthony Kelly

    Coldwell Banker Realty

    (310) 802-5700

    1 in this area

    26 Total Sales

    Anthony Kelly
    Section Image

  • J

    Buyer's Agent in 2021

    Joyce Goldstein

    CB Richard Ellis L.A. North Universal City

    (818) 502-6700

    1 in this area

    8 Total Sales

    Joyce Goldstein
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21219530

California Regional Multiple Listing Service (CRMLS)

APN: 4268-023-007

California Los Angeles County Santa Monica 90404 Pico

3032 Exposition Blvd, Santa Monica, CA

This home is located at 3032 Exposition Blvd, Santa Monica, CA 90404 since 09 October 2021 and is currently estimated at $1,834,509, approximately $1,227 per square foot. This property was built in 1953. 3032 Exposition 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.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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