533 W Rustic Rd Santa Monica, CA 90402
6
Beds
3.5
Baths
4,955
Sq Ft
6,050
Sq Ft Lot
Highlights
- Detached Guest House
- 2 Car Attached Garage
- Open Floorplan
- Art Studio
- View of Trees or Woods
- Dual Staircase
About This Home
As of May 2025Remarkable opportunity to own two 3bd/2ba homes on one lot with a short walk to the ocean in beautiful Rustic Canyon with upper home designed by noted Westside architect, John Byers. This property was home and art studio to world renown artists Nicolai Fechin and Sergei Bongart. Front home is a 3-story Dutch Colonial with high vaulted beam ceilings and spectacular light shining through into the massive living room, kitchen, and spacious dining area. Other features include 840 square foot vault to store paintings/valuables, laundry room, modern jet tub in main bathroom, and private terrace to relax and unwind with a glass of wine or read a book as you take in the sounds of running water from the lion's head fountain and soak in the beauty of the terracotta tiles with fancy inlays. The upper home is a 2-story classic design from 1930 with very high vaulted ceilings, stunningly large fireplace in awe-inspiring living room with floor to ceiling windows for lots of natural light, inviting and spacious dining room off the retro kitchen with fancy tile countertops, speak easy from the prohibition days, captivating loft, bedrooms overlooking the majestic trees and beautiful flora. Make this property your own private oasis or entertain family and friends as you meander out to the peaceful patio for a moonlit dinner, libations, conversation, and relaxation. This is a one-of-a-kind property for those who value privacy, quality of life, timeless craftsmanship, and the temperate weather living near the beach in Santa Monica, Pacific Palisades, and Malibu. Ideally located a short drive to 3rd Street Promenade with plenty of quality restaurants and luxury shopping as well as Pacific Palisades with quaint shops, eating establishments, and Riviera Country Club. Where else will find all of this and 2 separate single family homes on the same property? Ideal for artists, musicians, or anyone looking for more creative space. Many options come with this property including the potential for renting out one of the homes while living in the other. Welcome to Paradise!
Last Agent to Sell the Property
Prime Equity Properties, Inc. Brokerage Phone: 949-416-9856 License #01748434 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,421
Year Built
- Built in 1930
Lot Details
- 6,050 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
Property Views
- Woods
- Canyon
- Neighborhood
Interior Spaces
- 4,955 Sq Ft Home
- Open Floorplan
- Dual Staircase
- Built-In Features
- Bar
- Beamed Ceilings
- Cathedral Ceiling
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Loft
- Art Studio
- Workshop
- Pull Down Stairs to Attic
- Basement
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Range
- Granite Countertops
- Tile Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- Retreat
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Living Room Balcony
- Separate Outdoor Workshop
Additional Homes
- Two Homes on a Lot
- Detached Guest House
Schools
- Paul Revere Middle School
Utilities
- Central Heating
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 226
- Tax Tract Number 1719
- Assessor Parcel Number 4410015009
- $291 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5-Story Property
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Apr 22, 2025
Sold by
Schnakenberg Erik and Ford Leanne
Bought by
Buchbinder Jaye Driggs
Seller's Agent
Frank Langen
DPP
Buyer's Agent
Frank Langen
DPP
List Price
$2,800,000
Sold Price
$2,300,000
Premium/Discount to List
-$500,000
-17.86%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.91%
Purchase Details
Listed on
Oct 3, 2024
Closed on
Nov 18, 2024
Sold by
Patricia Darlene Bongart Trust and Barsumian Rich
Bought by
Schnakenberg Erik and Ford Leanne
Seller's Agent
Todd Frelinger
Prime Equity Properties, Inc.
Buyer's Agent
Frank Langen
DPP
List Price
$3,995,000
Sold Price
$4,200,000
Premium/Discount to List
$205,000
5.13%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.10%
Original Mortgage
$2,856,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 1999
Sold by
Bongart Patricia L
Bought by
Bongart Patricia Darlene and Patricia Darlene Bongart 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 |
|---|---|---|---|
| Grant Deed | $2,300,000 | Lawyers Title Company | |
| Grant Deed | $4,200,000 | Lawyers Title Company | |
| Grant Deed | $4,200,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,856,000 | New Conventional | |
| Previous Owner | $104,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Sold | $2,300,000 | -17.9% | $1,137 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $2,800,000 | -33.3% | $1,385 / Sq Ft |
| 12/24/2024 12/24/24 | Sold | $4,200,000 | +5.1% | $848 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $3,995,000 | 0.0% | $806 / Sq Ft |
| 10/01/2013 10/01/13 | Rented | $5,200 | -20.0% | -- |
| 10/01/2013 10/01/13 | Under Contract | -- | -- | -- |
| 08/30/2013 08/30/13 | For Rent | $6,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $4,421 | $2,535,000 | $2,535,000 | -- |
| 2024 | $4,421 | $344,572 | $107,894 | $236,678 |
| 2023 | $4,342 | $337,817 | $105,779 | $232,038 |
| 2022 | $4,149 | $331,194 | $103,705 | $227,489 |
| 2021 | $4,087 | $324,701 | $101,672 | $223,029 |
| 2019 | $3,968 | $315,072 | $98,657 | $216,415 |
| 2018 | $3,892 | $308,895 | $96,723 | $212,172 |
| 2016 | $3,706 | $296,902 | $92,968 | $203,934 |
| 2015 | $3,653 | $292,443 | $91,572 | $200,871 |
| 2014 | $3,675 | $286,716 | $89,779 | $196,937 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Frank Langen
DPP
(310) 963-3891
35 in this area
48 Total Sales
-
Seller's Agent in 2024
Todd Frelinger
Prime Equity Properties, Inc.
(949) 416-9856
1 in this area
27 Total Sales
-
Buyer's Agent in 2013
Nili Hudson
Compass
(310) 486-0807
2 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24204255
APN: 4410-015-009
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 525 Spoleto Dr
- 415 Mesa Rd
- 14924 Camarosa Dr
- 14929 La Cumbre Dr
- 389 Upper Mesa Rd
- 563 Spoleto Dr
- 530 Chapala Dr
- 354 Amalfi Dr
- 630 Hightree Rd
- 327 E Rustic Rd
- 271 Amalfi Dr
- 345 W Channel Rd
- 14941 Pampas Ricas Blvd
- 14903 Pampas Ricas Blvd
- 15225 De Pauw St
- 601 Frontera Dr
- 267 Entrada Dr
- 14827 Pampas Ricas Blvd
- 153 W Channel Rd
- 14801 Pampas Ricas Blvd