NOT LISTED FOR SALE

Estimated Value: $2,452,000 - $3,242,000

3 Beds
3 Baths
2,147 Sq Ft
$810/mo HOA Fee

Last Sold December 23, 2021

Last sale price $2,600,000 $1,211 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,359/month

50 Days on Market

Highlights

  • Ocean View
  • Penthouse
  • Primary Bedroom Suite
  • Roosevelt Elementary School Rated A+
  • Rooftop Deck
  • 4-minute walk to Santa Monica Mountains National Recreation Area Visitor Center

About This Home

As of December 2021

This home is located at 401 California Ave Unit 5, Santa Monica, CA 90403 since 29 September 2021 and is currently estimated at $2,755,233, approximately $1,283 per square foot. This property was built in 1991. 401 California Ave Unit 5 is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Last Agent to Sell the Property

Kerry Ann Sullivan

Pardee Properties License #01927932 Listed on: 09/29/2021

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Katie Pardee

Pardee Properties License #01902338

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,836

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 9,901

HOA Fees

  • $810 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights
  • Trees
  • Mountain

Home Design

  • Penthouse
  • Split Level Home
  • Turnkey

Interior Spaces

  • 2,147 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Split Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom

Parking

  • 3 Parking Spaces
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Water Heater
  • Water Purifier
  • Sewer in Street

Additional Features

  • Rooftop Deck
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4292-014-055

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, water, maintenance paid
  • 8 Units
  • Maintained Community

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,836

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$810 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 401 California
  • Entry Floor: 3
  • Entry Location: Penthouse
  • Living Area: 2147
  • Lot Acreage: 0.2273
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1991
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Recessed Lighting, High Ceilings (9 Feet+), Intercom, Turnkey
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Tile, Mixed, Carpet, Vinyl, Wood
  • Appliances: Oven-Gas, Cooktop - Gas
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Stall, Split Bath, Tub Only, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar, In Kitchen
  • Kitchen Features: Skylight(s)
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Intercom, Hood Fan, Water Purifier, Freezer, Vented Exhaust Fan, Dryer, Washer
  • Price Per S Q F T: 1205.40
  • Windows: Skylights, Custom Window Covering, Window Blinds

Exterior Features

  • Other Features: High Ceilings (9 Feet+)
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Ocean, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Community Garage, Controlled Entrance, Assigned, Subterranean
  • Total Parking: 3

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Exterior Security Lights, Fire Sprinklers, Fire and Smoke Detection System
  • Sewer: In Street

Association/Amenities

  • Amenities: Sun Deck, Assoc Maintains Landscape, Controlled Access, Elevator, Guest Parking, Gated Parking
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Water, Maintenance Paid
  • HOA Fees: 810.00
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4292-014-055
  • Lot Description: Sidewalks, Street Lighting, Exterior Security Lights
  • Lot Location: City
  • Lot Size Area: 9900

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 8

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 8, 2021
Sold by
Daugenti Gary F and Wilen Tracey
Bought by
Karu Hannu Pekka and Karu Yuliia
Seller's Agent
Kerry Ann Sullivan
Pardee Properties
Buyer's Agent
Katie Pardee
Pardee Properties
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%
Current Estimated Value
$2,755,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,233
Avg. Annual Appreciation
1.58%
Original Mortgage
$1,950,000
Outstanding Balance
$1,794,089
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$961,144

Purchase Details

Closed on
Feb 10, 2012
Sold by
Daugenti Gary F and Wilen Tracey
Bought by
Daugenti Gary F and Wilen Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,300
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Treadway Ty and Treadway Monica L
Bought by
Daugenti Gary F and Wilen Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Treadway Monica L and Surrett Monica
Bought by
Treadway Ty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2003
Sold by
Hoffmeyer Ronald
Bought by
Surratt Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,800
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2000
Sold by
Brown Richard D
Bought by
Lund Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2000
Sold by
Lund Pamela
Bought by
Hoffmeyer Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.27%
Mortgage Type
Credit Line Revolving
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
Karu Hannu Pekka $2,600,000 Clearmark Title Company
Daugenti Gary F -- Placer Title Company
Daugenti Gary F -- Placer Title Company
Daugenti Gary F $1,465,000 Equity Title Los Angeles
Treadway Ty -- Chicago Title Co
Surratt Monica $1,101,000 Equity Title Company
Lund Pamela -- Equity Title
Hoffmeyer Ronald $825,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karu Hannu Pekka $1,950,000
Previous Owner Daugenti Gary F $450,000
Previous Owner Daugenti Gary F $561,300
Previous Owner Daugenti Gary F $565,000
Previous Owner Treadway Ty R $250,000
Previous Owner Treadway Ty $1,000,000
Previous Owner Surratt Monica $132,000
Previous Owner Surratt Monica $880,800
Previous Owner Hoffmeyer Ronald $50,000
Previous Owner Hoffmeyer Ronald $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $2,600,000 +0.5% $1,211 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $2,588,000 -4.0% $1,205 / Sq Ft
09/29/2021 09/29/21 For Sale $2,695,000 -- $1,255 / 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 $31,836 $2,759,140 $689,785 $2,069,355
2024 $31,836 $2,705,040 $676,260 $2,028,780
2023 $31,326 $2,652,000 $663,000 $1,989,000
2022 $30,945 $2,600,000 $650,000 $1,950,000
2021 $20,413 $1,699,981 $1,276,438 $423,543
2019 $20,070 $1,649,561 $1,238,579 $410,982
2018 $18,896 $1,617,218 $1,214,294 $402,924
2016 $18,210 $1,554,422 $1,167,143 $387,279
2015 $17,975 $1,531,074 $1,149,612 $381,462
2014 $17,712 $1,501,083 $1,127,093 $373,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-788512

The MLS

APN: 4292-014-055