NOT LISTED FOR SALE

631 Navy St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,801,000 - $2,818,000

5 Beds
4 Baths
2,540 Sq Ft
$944/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $1,600,000 $630 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $14,428/month

339 Days on Market

About This Home

As of February 2019

***THIS PROPERTY IS CURRENTLY PENDING SALE***

Last Agent to Sell the Property

Solo Scott

Compass License #01340093 Listed on: 01/04/2018

Compass

Co-Listed By

Allen Sarlo

Estate Properties License #00635905

Last Buyer's Agent

Morgan McMullin

Keller Williams Beverly Hills License #01716570

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,156

Year Built

  • Built in 1957

Lot Details

  • 3,994

Home Design

  • Quadruplex

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Carport Space

Additional Features

  • 3,994 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-035-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,156

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2540
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 767.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 1
  • Parking Garage: Garage - 3 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 241264
  • Assessed Land Value: 258334
  • Assessor Parcel Number: 4287-035-021
  • Geocode Override: No
  • Lot Size Area: 3994

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.40
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 25000
  • Type Of Units: 4plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Merritt Lorraine K and Jay Lederman Living Trust
Bought by
Park Navy Llc
Current Estimated Value
$2,398,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2016
Sold by
Lederman Jay and Kelly Lynn M
Bought by
The Jay Lederman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,950
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2014
Sold by
Lederman Jay and Kelly Lynn M
Bought by
Lederman Jay and The Jay Lederman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Lederman Jay and Kelly Lynn M
Bought by
Lederman Jay and The Jay Lederman Living Trust

Purchase Details

Closed on
Oct 22, 2004
Sold by
Lederman Jay and The Jay Lederman Living Trust
Bought by
Lederman Jay and Kelly Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Lederman Jay
Bought by
Lederman Jay and The Jay Lederman Living Trust

Purchase Details

Closed on
Jan 27, 1999
Sold by
Lederman Jay
Bought by
Lederman Jay and Kelly Lynn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
6.73%
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
Park Navy Llc $1,600,000 Lawyers Title Co
The Jay Lederman Living Trust -- First American Title Company
Lederman Jay -- First American Title Company
Lederman Jay -- First American Title Company
Lederman Jay -- First American Title Company
Lederman Jay -- --
Lederman Jay -- Southland Title Company
Lederman Jay -- --
Lederman Jay -- First American
Lederman Jay -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Navy Llc $1,120,000
Previous Owner Lederman Jay $505,950
Previous Owner Lederman Jay $515,000
Previous Owner Lederman Jay $215,000
Previous Owner Lederman Jay $222,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $1,600,000 0.0% $630 / Sq Ft
12/10/2018 12/10/18 Off Market $1,600,000 -- --
12/09/2018 12/09/18 Pending -- -- --
08/07/2018 08/07/18 Price Changed $1,950,000 -7.1% $768 / Sq Ft
06/18/2018 06/18/18 Price Changed $2,100,000 +0.2% $827 / Sq Ft
06/07/2018 06/07/18 For Sale $2,095,000 +30.9% $825 / Sq Ft
06/04/2018 06/04/18 Off Market $1,600,000 -- --
05/21/2018 05/21/18 Price Changed $2,095,000 -4.6% $825 / Sq Ft
03/29/2018 03/29/18 Price Changed $2,195,000 -8.5% $864 / Sq Ft
01/04/2018 01/04/18 For Sale $2,400,000 -- $945 / 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 $21,156 $1,784,826 $1,115,517 $669,309
2024 $21,156 $1,749,831 $1,093,645 $656,186
2023 $20,818 $1,715,521 $1,072,201 $643,320
2022 $20,557 $1,681,884 $1,051,178 $630,706
2021 $20,045 $1,648,907 $1,030,567 $618,340
2019 $12,575 $994,814 $776,495 $218,319
2018 $6,546 $509,589 $263,500 $246,089
2016 $6,279 $489,803 $253,269 $236,534
2015 $6,195 $482,447 $249,465 $232,982
2014 $6,140 $472,998 $244,579 $228,419
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Solo Scott

    Compass

    (310) 403-1800

    2 in this area

    24 Total Sales

    Solo Scott
    Section Image
  • Allen Sarlo

    Seller Co-Listing Agent in 2019

    Allen Sarlo

    Estate Properties

    (310) 714-5499

    1 in this area

    7 Total Sales

    Allen Sarlo
    Section Image
  • Morgan McMullin

    Buyer's Agent in 2019

    Morgan McMullin

    Keller Williams Beverly Hills

    (310) 968-2454

    11 Total Sales

    Morgan McMullin
    Section Image
  • Mark Kitching

    Buyer Co-Listing Agent in 2019

    Mark Kitching

    Douglas Elliman

    (310) 902-0221

    40 Total Sales

    Mark Kitching
    Section Image
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Map

Source: The MLS

MLS Number: 18-299880

The MLS

APN: 4287-035-021

California Los Angeles County Santa Monica 90405 Ocean Park

631 Navy St, Santa Monica, CA

This home is located at 631 Navy St, Santa Monica, CA 90405 since 04 January 2018 and is currently estimated at $2,398,333, approximately $944 per square foot. This property was built in 1957. 631 Navy St 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.

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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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