NOT LISTED FOR SALE

516 San Vicente Blvd Unit 305 Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $1,353,334 - $1,739,000

3 Beds
2 Baths
1,542 Sq Ft
0.54 Acres

Highlights

  • Heated In Ground Pool
  • 0.54 Acre Lot
  • 2 Car Attached Garage
  • Roosevelt Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of April 2024

Welcome to this large, bright and airy top floor unit with 3 bedrooms and 2 full bathrooms plus enclosed balcony; recently remodeled, open concept kitchen; washer and dryer; central HVAC; hard surface floors throughout. All of the bedrooms have large closets with mirrored, sliding glass doors. The unit also comes with a storage unit and side-by-side parking for 2 cars. The building amenities include a pool, garden area and a recreation room with gym equipment. The property is located just a few blocks away from ocean access and Palisades Park. Shopping and restaurants on Montana Ave are just a few blocks away.

Last Agent to Rent the Property

David 'Randy' Stevenson

Stevenson Real Estate Services Brokerage Phone: 818-634-3281 License #01228475 Listed on: 04/02/2024

Last Renter's Agent

David 'Randy' Stevenson

Stevenson Real Estate Services Brokerage Phone: 818-634-3281 License #01228475 Listed on: 04/02/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,267

Year Built

  • Built in 1962

Lot Details

  • 0.54

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,542 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Heated In Ground Pool
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,200
  • 12-Month Minimum Lease Term
  • Available 5/20/24
  • Tax Lot 1
  • Tax Tract Number 32544
  • Assessor Parcel Number 4293004059

Community Details

Overview

  • No Home Owners Association
  • 30 Units

Recreation

  • Community Pool
  • Water Sports

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,267

Year Built

Built in 1962

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-05-20
  • Credit Check Paid By: Tenant
  • Deposit Security: 12200
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit

Listing Details

  • Structure Type: Multi Family
  • Other Phone Number: (310)7407028
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 4293004059
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1542.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.96
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association, Heated, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 23426.00
  • Lot Size Acres: 0.5378

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 23426.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Hakhamzadeh Bijan
Bought by
Hakhamzadeh Bijan and The Bijan Hakhamzadeh Family T
Current Estimated Value
$1,562,084

Purchase Details

Closed on
Apr 26, 2004
Sold by
Hakahamzadeh Bijan and Harouni Jacklin
Bought by
Hakhamzadeh Bijan and Harouni Jacklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2001
Sold by
Niknia Hamid and Niknia Forouzan
Bought by
Hakhamzadeh Bijan and Harouni Jacklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.84%

Purchase Details

Closed on
Mar 21, 1996
Sold by
Niknia Kamran
Bought by
Niknia Hamid and Niknia Forouzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Emc Mtg Corp
Bought by
Niknia Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Emc Mtg Corp
Bought by
Niknia Kamran

Purchase Details

Closed on
Feb 1, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Dec 29, 1994
Sold by
Mattalia Cielo Albarracin and Great Western Bank
Bought by
Great Western Bank

Purchase Details

Closed on
Oct 10, 1993
Sold by
Lluya Rafael
Bought by
Dealbarracin Elena M

Purchase Details

Closed on
Sep 10, 1993
Sold by
Mattalia Cielo
Bought by
Lluya Rafael
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
Hakhamzadeh Bijan -- None Available
Hakhamzadeh Bijan -- United Title Company Westlak
Hakhamzadeh Bijan $399,000 Gateway Title Company
Niknia Hamid -- Investors Title Company
Niknia Kamran -- Investors Title Company
Niknia Kamran $169,000 Chicago Title Co
Emc Mtg Corp $132,000 Chicago Title Insurance Co
Great Western Bank $27,422 Chicago Title Company
Dealbarracin Elena M -- --
Lluya Rafael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakhamzadeh Bijan $250,000
Closed Hakhamzadeh Bijan $272,000
Closed Hakhamzadeh Bijan $100,000
Closed Hakhamzadeh Bijan $160,000
Closed Hakhamzadeh Bijan $316,000
Closed Hakhamzadeh Bijan $320,000
Closed Hakhamzadeh Bijan $77,250
Closed Hakhamzadeh Bijan $319,200
Previous Owner Niknia Kamran $225,000
Previous Owner Niknia Kamran $75,000
Previous Owner Niknia Kamran $130,000
Closed Hakhamzadeh Bijan $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Rented $6,100 0.0% --
04/02/2024 04/02/24 For Rent $6,100 +10.9% --
06/06/2022 06/06/22 Rented $5,500 0.0% --
05/25/2022 05/25/22 For Rent $5,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,267 $589,421 $409,792 $179,629
2024 $7,267 $577,864 $401,757 $176,107
2023 $7,147 $566,534 $393,880 $172,654
2022 $7,045 $555,426 $386,157 $169,269
2021 $6,848 $544,536 $378,586 $165,950
2019 $6,722 $528,387 $367,358 $161,029
2018 $6,335 $518,027 $360,155 $157,872
2016 $6,084 $497,914 $346,171 $151,743
2015 $6,002 $490,436 $340,972 $149,464
2014 $5,924 $480,830 $334,293 $146,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24065172

California Regional Multiple Listing Service (CRMLS)

APN: 4293-004-059