NOT LISTED FOR SALE

Estimated Value: $1,640,000 - $1,812,593

4 Beds
1.5 Baths
1,319 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $1,295,000 $982 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,766/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Edison Language Academy Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2020

Not since 2904 Kansas sold in Sept 2018 has an opportunity of this magnitude come around in Santa Monica. Larry Ellison's newly built Institute for Transformative Medicine is on the horizon of this rare & unspoiled 4-bedroom traditional home which is ripe for restoration and offers a super simple canvas to create a contemporary abode - knock down the wall between the kitchen & living rooms, refinish the hardwood floors, modernize the baths, add some popping paint colors, change the windows, do a little landscaping, or convert the garage to an ADU... just watch your sweat equity start piling up! Partial copper plumbing & a new electrical panel will get you started while SM schools and services add reassurance. With interest rates below 3%, explore for yourself this one-of-a-kind deal which is sure to excite eager end users, flippers & 1031 exchangers alike. Only a quick jaunt to the EXPO light rail line, new Google campus, RIOT Games, Silicon Beach, SMC & UCLA. Dare to compare!

Last Agent to Sell the Property

Eric Akutagawa

Compass License #01432257 Listed on: 08/14/2020

Compass

Last Buyer's Agent

Eric Akutagawa

Compass License #01432257 Listed on: 08/14/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,708

Year Built

  • Built in 1951

Lot Details

  • 5,484 Sq Ft Lot
  • Lot Dimensions are 50x110
  • South Facing Home
  • Block Wall Fence
  • Front Yard Sprinklers
  • Property is zoned SMR1*

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Living Room

Kitchen

  • Oven or Range
  • Freezer
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4268-026-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,708

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1319
  • Lot Acreage: 0.1259
  • Lot Dimensions: 50x110
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Carpet, Vinyl
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Kitchen Features: Tile Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Washer, Dryer, Refrigerator, Range/Oven, Freezer, Garbage Disposal
  • Price Per S Q F T: 795.30

Exterior Features

  • Direction Faces: South
  • Other Features: Partial Copper Plumbing, French Doors, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Block
  • Patio: Covered Porch, Concrete Slab
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway - Concrete, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace, Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Front
  • Horses: No
  • Assessor Parcel Number: 4268-026-006
  • Lot Size Area: 5484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 27, 2020
Sold by
Uchimura Jane and The Uchimura Trust
Bought by
Cholewinski Patrick
Seller's Agent
Eric Akutagawa
Compass
Buyer's Agent
Eric Akutagawa
Compass
List Price
$1,049,000
Sold Price
$1,295,000
Premium/Discount to List
$246,000
23.45%
Current Estimated Value
$1,759,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,398
Avg. Annual Appreciation
6.04%
Original Mortgage
$600,000
Outstanding Balance
$533,668
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,203,526

Purchase Details

Closed on
Jun 16, 2012
Sold by
Uchimura Daido and Uchimura Noriko
Bought by
Uchimura Daido and Uchimura Noriko
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
Cholewinski Patrick $1,295,000 Lawyers Title
Uchimura Daido -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cholewinski Patrick $0
Open Cholewinski Patrick $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $1,295,000 +23.5% $982 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,049,000 -- $795 / 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 $16,708 $1,401,748 $1,121,399 $280,349
2024 $16,708 $1,374,263 $1,099,411 $274,852
2023 $16,439 $1,347,317 $1,077,854 $269,463
2022 $16,229 $1,320,900 $1,056,720 $264,180
2021 $15,824 $1,295,000 $1,036,000 $259,000
2020 $1,495 $69,657 $45,475 $24,182
2019 $1,048 $68,292 $44,584 $23,708
2018 $936 $66,954 $43,710 $23,244
2016 $884 $64,356 $42,013 $22,343
2015 $872 $63,390 $41,382 $22,008
2014 $873 $62,149 $40,572 $21,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-618012

The MLS

APN: 4268-026-006