NOT LISTED FOR SALE

3218 Pennsylvania Ave Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $1,974,000 - $2,247,000

5 Beds
4 Baths
2,185 Sq Ft
$943/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $1,310,018 $600 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,733/month

80 Days on Market

Highlights

  • 4 Car Attached Garage
  • McKinley Elementary School Rated A
  • 1-Story Property

About This Home

As of February 2018

NEW PRICE AND BACK ON MARKET. WHAT AN INCREDIBLE OPPORTUNITY TO OWN IN SANTA MONICA, PRIME FOR OWNER/USER OR DEVELOPER. MOMENTS FROM THE EXPO LINE, THE COLORADO CORRIDOR SHOPS AND CAFES, BERGAMONT STATION AND LOCATED IN THE SANTA MONICA SCHOOL DISTRICT. THIS IS A WELL MAINTAINED 4 UNIT PROPERTY WITH PRIDE OF OWNERSHIP FEATURING ONE 2 BEDROOM UNIT AND THREE 1 BEDROOM UNITS LOCATED ON A LARGE CORNER LOT WITH A GRASS FRONT YARD AND 4 ONE CAR GARAGES.

Last Agent to Sell the Property

Gabriele Schkud

Coldwell Banker Realty License #01178267 Listed on: 11/07/2017

Coldwell Banker Realty

Last Buyer's Agent

John Chelius

License #01936287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,058

Year Built

  • Built in 1952

Lot Details

  • 7,497 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 2,185 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4268-007-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,058

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2185
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 629.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 45184
  • Assessed Land Value: 75605
  • Assessor Parcel Number: 4268-007-001
  • Geocode Override: No
  • Lot Size Area: 7497

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Davidyan Ronit and Davidyan Ran
Bought by
Davidyan Ronit and Ever-Hadani Ran
Current Estimated Value
$2,060,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$340,461
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,726,221

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 7, 2018
Sold by
Tolentino Investments
Bought by
Davidyan Ronit and Hadani Ran Ever
Seller's Agent
Gabriele Schkud
Coldwell Banker Realty
Buyer's Agent
John Chelius
List Price
$1,450,000
Sold Price
$1,310,018
Premium/Discount to List
-$139,982
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Dec 2, 2008
Sold by
Tolentino Theodore A
Bought by
Tolentino Investments Llc

Purchase Details

Closed on
May 23, 2008
Sold by
Tolentino Nazaria A
Bought by
Tolentino Nazaria A and Tolentino Trust A

Purchase Details

Closed on
Dec 6, 2007
Sold by
Lentz Jill Elaine
Bought by
Lentz Robert E
Source: Public Records

Range of Values:

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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
Davidyan Ronit -- Stewart Title Company
Davidyan Ronit $1,310,500 Lawyers Title Company
Tolentino Investments Llc -- None Available
Tolentino Theodore A -- None Available
Tolentino Theodore A -- None Available
Tolentino Nazaria A -- None Available
Tolentino Nazaria A -- None Available
Lentz Robert E -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidyan Ronit $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $1,310,018 -4.7% $600 / Sq Ft
01/16/2018 01/16/18 Price Changed $1,375,000 -5.2% $629 / Sq Ft
11/07/2017 11/07/17 For Sale $1,450,000 -- $664 / 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 $18,058 $1,490,553 $1,376,772 $113,781
2024 $18,058 $1,461,327 $1,349,777 $111,550
2023 $17,769 $1,432,674 $1,323,311 $109,363
2022 $17,540 $1,404,583 $1,297,364 $107,219
2021 $17,096 $1,377,043 $1,271,926 $105,117
2019 $16,804 $1,336,200 $1,234,200 $102,000
2018 $2,333 $123,204 $77,117 $46,087
2016 $2,215 $118,422 $74,123 $44,299
2015 $2,182 $116,644 $73,010 $43,634
2014 $2,194 $114,360 $71,580 $42,780
Source: Public Records

Agents Affiliated with this Home

  • Gabriele Schkud

    Seller's Agent in 2018

    Gabriele Schkud

    Coldwell Banker Realty

    (310) 291-5800

    8 Total Sales

    Gabriele Schkud
    Section Image

  • J

    Buyer's Agent in 2018

    John Chelius

See All Agents

Map

Source: The MLS

MLS Number: 17-287612

The MLS

APN: 4268-007-001

California Los Angeles County Santa Monica 90025 Pico

3218 Pennsylvania Ave, Santa Monica, CA

This home is located at 3218 Pennsylvania Ave, Santa Monica, CA 90404 since 07 November 2017 and is currently estimated at $2,060,670, approximately $943 per square foot. This property was built in 1952. 3218 Pennsylvania Ave is a home located in Los Angeles County with nearby schools including McKinley 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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