NOT LISTED FOR SALE

425 Marine St Unit 2 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,666,000 - $2,221,000

2 Beds
2.5 Baths
1,402 Sq Ft
$600/mo HOA Fee

Last Sold November 04, 2020

Last sale price $1,532,500 $1,093 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,139/month

31 Days on Market

Highlights

  • City Lights View
  • 7,497 Sq Ft lot
  • Living Room with Fireplace
  • John Muir Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2020

New construction completed August 21, 2020! Remarkable opportunity for a brand new condo in the heart of highly coveted Santa Monica just minutes from the beach. This voluminous 2 bed & 2.5 bath loft-style condo features a spacious open floor plan, grand windows for an abundance of light, soaring ceilings, wide plank European oak floors & 3 private balconies for indoor/outdoor living. Gourmet kitchen w/German-made Leicht custom cabinetry, Caesarstone counters, Bosch appliances, wine cooler, island & porcelain tile backsplash. Serene master with decadent bath w/double vanity w/marble counter, tub, towel warmer & barn style door. Amenities include well-appointed guest room w/en-suite bath w/porcelain tiles, teak vanity & barn style door, fireplace in main living, in-unit laundry, side-by-side reserved parking & loft w/huge balcony. Relish your premier location, just blocks from the beach, Rose Ave, Main St., & local shops, restaurants & more. A true SM gem ready for its next chapter!

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 08/25/2020

Compass

Co-Listed By

Meredith Schlosser

Berkshire Hathaway HomeServices California Properties License #01910316

Last Buyer's Agent

Victoria Velazquez

Compass License #02038302

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,454

Year Built

  • Built in 1975

Lot Details

  • 7,405

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,402 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • City Lights Views
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4287-027-060

Community Details

Overview

  • 6 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,454

Year Built

Built in 1975

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 425 Marine
  • Entry Floor: 1
  • Living Area: 1402
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1123.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4287-027-060
  • Lot Size Area: 7497

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 5, 2020
Sold by
Feher David and Feher Gwendolen S
Bought by
Kurzweil Ami
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Victoria Velazquez
Compass
List Price
$1,649,000
Sold Price
$1,532,500
Premium/Discount to List
-$116,500
-7.06%
Current Estimated Value
$1,820,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,720
Avg. Annual Appreciation
3.67%
Original Mortgage
$1,226,000
Outstanding Balance
$1,101,973
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$718,247

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 22, 2017
Sold by
Lobikis Michael Aaron
Bought by
Feher David and Feher Gwendolen S
Seller's Agent
Meredith Schlosser
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sally Forster Jones
Compass
List Price
$1,349,000
Sold Price
$1,330,000
Premium/Discount to List
-$19,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,064,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 12, 2015
Sold by
Clifford Jaclyn R
Bought by
Lobikis Michael Aaron and Lobikis Evelyn
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Sally Forster Jones
Compass
List Price
$1,099,000
Sold Price
$1,175,000
Premium/Discount to List
$76,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$775,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2014
Sold by
Clifford Jaclyn R
Bought by
Clifford Jaclyn R and Jrc S/P Trust

Purchase Details

Closed on
Apr 14, 2012
Sold by
Rosenson Daniel and Daniel Rosenson Trust
Bought by
Rosenson Jaclyn

Purchase Details

Closed on
Apr 9, 2012
Sold by
Linrose Llc
Bought by
Rosenson Daniel and Daniel Rosenson Trust

Purchase Details

Closed on
Mar 14, 2011
Sold by
Rosenson Daniel and The Daniel Rosenson Trust
Bought by
Linrose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Linrose Llc
Bought by
Rosenson Daniel and The Daniel Rosenson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
King Lydia L
Bought by
King Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
King Michael D
Bought by
Rosenson Linda and The Linda Rosenson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1994
Sold by
425 Marine Street
Bought by
King Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.75%
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
Kurzweil Ami $1,532,500 Fidelity National Title Co
Feher David $1,330,000 Fidelity National Title
Lobikis Michael Aaron $1,175,000 Fidelity
Clifford Jaclyn R -- Fidelity
Clifford Jaclyn R -- None Available
Rosenson Jaclyn -- None Available
Rosenson Jacklyn -- None Available
Rosenson Daniel -- None Available
Linrose Llc -- Accommodation
Rosenson Daniel -- Chicago Title Company
King Michael D -- Gateway Title Company
Rosenson Linda $525,000 Gateway Title Company
King Michael D $254,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurzweil Ami $1,226,000
Previous Owner Feher David $1,064,000
Previous Owner Lobikis Michael Aaron $775,000
Previous Owner Rosenson Daniel $400,000
Previous Owner Loc Linrose $400,000
Previous Owner Linrose Llc $400,000
Previous Owner Rosenson Linda $420,000
Previous Owner King Michael D $203,200
Previous Owner King Michael D $15,000
Previous Owner King Michael D $203,000
Closed King Michael D $25,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $1,532,500 -2.7% $1,093 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $1,575,000 -4.5% $1,123 / Sq Ft
08/25/2020 08/25/20 For Sale $1,649,000 +24.0% $1,176 / Sq Ft
09/15/2017 09/15/17 Sold $1,330,000 -1.4% $949 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $1,349,000 +14.8% $962 / Sq Ft
03/16/2015 03/16/15 Sold $1,175,000 +6.9% $838 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $1,099,000 -- $784 / 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 $19,454 $1,658,824 $1,327,060 $331,764
2024 $19,454 $1,626,299 $1,301,040 $325,259
2023 $19,141 $1,594,412 $1,275,530 $318,882
2022 $18,903 $1,563,150 $1,250,520 $312,630
2021 $18,437 $1,532,500 $1,226,000 $306,500
2019 $16,590 $1,356,600 $1,085,280 $271,320
2018 $15,614 $1,330,000 $1,064,000 $266,000
2016 $13,998 $1,192,918 $954,335 $238,583
2015 $7,718 $632,660 $500,107 $132,553
2014 $7,616 $620,268 $490,311 $129,957
Source: Public Records

Agents Affiliated with this Home

  • Sally Forster Jones

    Seller's Agent in 2020

    Sally Forster Jones

    Compass

    (310) 341-7238

    4 in this area

    379 Total Sales

    Sally Forster Jones
    Section Image
  • Meredith Schlosser

    Seller Co-Listing Agent in 2020

    Meredith Schlosser

    Berkshire Hathaway HomeServices California Properties

    (310) 923-5811

    1 in this area

    179 Total Sales

    Meredith Schlosser
    Section Image
  • Victoria Velazquez

    Buyer's Agent in 2020

    Victoria Velazquez

    Compass

    (310) 614-4240

    2 in this area

    71 Total Sales

    Victoria Velazquez
    Section Image
  • Anthony Marguleas

    Buyer Co-Listing Agent in 2020

    Anthony Marguleas

    Amalfi Estates

    (310) 293-9280

    10 in this area

    310 Total Sales

    Anthony Marguleas
    Section Image
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Map

Source: The MLS

MLS Number: 20-623090

The MLS

APN: 4287-027-060

California Los Angeles County Santa Monica 90405 Ocean Park

425 Marine St Unit 2, Santa Monica, CA

This home is located at 425 Marine St Unit 2, Santa Monica, CA 90405 since 25 August 2020 and is currently estimated at $1,820,220, approximately $1,298 per square foot. This property was built in 1975. 425 Marine St Unit 2 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, 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.

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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