401 Mesa Rd Santa Monica, CA 90402
4
Beds
2.5
Baths
2,595
Sq Ft
0.38
Acres
Highlights
- Wood Flooring
- Bonus Room
- Views
- Spanish Architecture
- No HOA
- Laundry Room
About This Home
As of September 2018Once in a lifetime development opportunity in highly desirable Santa Monica Canyon! This special offering, for sale for the first time since 1923, includes three adjacent parcels being sold together totaling 16,732 sf of land. There is currently one house on site, a vintage Spanish Colonial Revival built by Frank E. Bundy. With 4 bedrooms, 2.5 bathrooms and offering an abundance of original detail, this utterly unique estate can be transformed, repurposed or reimagined. Property has a Santa Monica mailing address but is located in the city of Los Angeles. Trust Sale. NO court confirmation. Contact listing agent for Buyer's Package.
Last Agent to Sell the Property
Douglas Elliman License #01255977 Listed on: 09/29/2017
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $57,776
Year Built
- Built in 1928
Lot Details
- 0.38 Acre Lot
- Tear Down
- Property is zoned LAR1
Parking
- 2 Car Garage
Home Design
- Spanish Architecture
- Fixer Upper
- Clay Roof
Interior Spaces
- 2,595 Sq Ft Home
- 2-Story Property
- Formal Entry
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Oven or Range
- Laundry Room
- Property Views
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Community Details
- No Home Owners Association
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4410-016-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2021
Sold by
Ryder Rebecca A and The Skp Family Trust
Bought by
Ryder Rebecca A and The Berkshire Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,646,172
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$875,953
Purchase Details
Closed on
Apr 30, 2020
Sold by
Panitch Sanford and Panitch Kristen
Bought by
Ryder Rebecca A and The Skp Family Trust
Purchase Details
Listed on
Jul 9, 2018
Closed on
Aug 17, 2018
Sold by
Laura Robinson Llc
Bought by
Panitch Sanford and Panitch Kristen
Seller's Agent
Frank Langen
DPP
Buyer's Agent
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
List Price
$4,850,000
Sold Price
$4,500,000
Premium/Discount to List
-$350,000
-7.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$3,600,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 29, 2017
Closed on
Nov 9, 2017
Sold by
Bank Of America Na
Bought by
Laura Robinson Llc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$400,000
-8.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,370,000
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2013
Sold by
Bank Of America Na
Bought by
Madsen Carl and Madsen John
Purchase Details
Closed on
Dec 18, 2012
Sold by
Madsen Carl and Madsen John
Bought by
Bank Of America Na and Madsen Brothers Trust
Similar Homes in Santa Monica, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $4,500,000 | California Title Company | |
| Deed | $4,500,000 | First American Title Co La | |
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | New Conventional | |
| Open | $5,000,000 | New Conventional | |
| Closed | $5,000,000 | No Value Available | |
| Closed | $500,000 | Commercial | |
| Previous Owner | $3,600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Construction | |
| Previous Owner | $2,370,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2018 09/06/18 | Sold | $4,500,000 | -7.2% | $1,734 / Sq Ft |
| 07/24/2018 07/24/18 | Pending | -- | -- | -- |
| 07/09/2018 07/09/18 | For Sale | $4,850,000 | +7.8% | $1,869 / Sq Ft |
| 11/29/2017 11/29/17 | Sold | $4,500,000 | -8.2% | $1,734 / Sq Ft |
| 10/13/2017 10/13/17 | Pending | -- | -- | -- |
| 09/29/2017 09/29/17 | For Sale | $4,900,000 | -- | $1,888 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $57,776 | $4,785,840 | $3,745,440 | $1,040,400 |
| 2023 | $56,640 | $4,692,000 | $3,672,000 | $1,020,000 |
| 2022 | $53,976 | $4,600,000 | $3,600,000 | $1,000,000 |
| 2021 | $43,940 | $3,710,041 | $2,679,474 | $1,030,567 |
| 2020 | $44,405 | $3,672,000 | $2,652,000 | $1,020,000 |
| 2019 | $42,610 | $3,600,000 | $2,600,000 | $1,000,000 |
| 2018 | $38,521 | $3,200,000 | $1,850,000 | $1,350,000 |
| 2017 | $2,263 | $168,951 | $96,518 | $72,433 |
| 2016 | $2,183 | $165,639 | $94,626 | $71,013 |
| 2015 | $16,187 | $1,157,384 | $1,071,199 | $86,185 |
| 2014 | $14,051 | $1,134,713 | $1,050,216 | $84,497 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Langen
Seller's Agent in 2018
Frank Langen
DPP
(310) 963-3891
36 in this area
49 Total Sales
-
Isabelle Mizrahi
Buyer's Agent in 2018
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
(310) 850-1136
16 in this area
33 Total Sales
-
Rachelle Rosten
Seller's Agent in 2017
Rachelle Rosten
Douglas Elliman
(310) 710-5151
3 in this area
70 Total Sales
-
S
Buyer's Agent in 2017
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 17-275512
APN: 4410-016-023
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© 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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