NOT LISTED FOR SALE

647 Strand St Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $2,389,688 - $2,834,000

3 Beds
3 Baths
1,374 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $2,435,000 $1,772 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $16,413/month

14 Days on Market

Highlights

  • Views
  • Bungalow
  • 5-minute walk to Los Amigos Park
  • John Muir Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of June 2022

Fabulous duplex in the coveted Ocean Park neighborhood, just west of Lincoln. The charming main house is flooded with natural light and lush greenery. The living room opens to a large private zen-like yard. The updated kitchen includes all stainless appliances, Viking stove and washer and dryer. The primary bedroom has an updated ensuite bathroom. Central AC/heat in the main house. The second unit is a charming 1 bed/1 bath with a full kitchen. Living room has open views and a separate large office/den downstairs with its own washer/dryer. The second unit also includes its own large private backyard. The main house can be delivered vacant. Located blocks from the beach and shops and restaurants on Main St. Just steps away from Gelson's market and restaurants on Ocean Park Ave. Across the street from a dog park. Don't miss this rare owner/user opportunity!

Last Agent to Sell the Property

Kimberly Kessler

Coldwell Banker Realty License #02017194 Listed on: 03/14/2022

Coldwell Banker Realty

Last Buyer's Agent

Katherine Gallivan

Compass License #02001740

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,029

Year Built

  • Built in 1946

Lot Details

  • 5,971 Sq Ft Lot
  • Property is zoned SMOP2*

Home Design

  • Bungalow

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4289-005-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,029

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Fabulous duplex in the coveted Ocean Park neighborhood, just west of Lincoln. The charming main house is flooded with natural light and lush greenery. The living room opens to a large private zen-like yard. The updated kitchen includes all stainless appliances, Viking stove and washer and dryer. The primary bedroom has an updated ensuite bathroom. Central AC/heat in the main house. The second unit is a charming 1 bed/1 bath with a full kitchen. Living room has open views and a separate large office/den downstairs with its own washer/dryer. The second unit also includes its own large private backyard. The main house can be delivered vacant. Located blocks from the beach and shops and restaurants on Main St. Just steps away from Gelson's market and restaurants on Ocean Park Ave. Across the street from a dog park. Don't miss this rare owner/user opportunity!
  • Living Area: 1374
  • Lot Acreage: 0.1371
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1564.77

Exterior Features

  • Other Structures: None
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 9.09
  • Assessed Improvement Value: 128766
  • Assessed Land Percent: 90.91
  • Assessed Land Value: 1287761
  • Total Assessed Value: 1416527
  • Assessor Parcel Number: 4289-005-024
  • Lot Size Area: 5971

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Margolin Malcolm
Bought by
Margolin Michael
Current Estimated Value
$2,558,172

Purchase Details

Closed on
Aug 14, 2018
Sold by
Margolin Michael
Bought by
Margolin Michael and Margolin Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2004
Sold by
Haro Cheryl and Malcom Mary Lou
Bought by
Margolin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Margolin Michael -- Lawyers Title
Margolin Michael -- Westminster Title Co
Margolin Michael $860,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolin Michael $1,151,000
Closed Margolin Michael $1,140,000
Closed Margolin Michael $150,000
Closed Margolin Michael $980,900
Closed Margolin Michael S $150,000
Closed Margolin Michael $730,000
Closed Margolin Michael $602,000
Closed Margolin Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $2,435,000 +13.3% $1,772 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $2,150,000 -- $1,565 / 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 $30,029 $2,584,040 $1,809,359 $774,681
2024 $30,029 $2,533,374 $1,773,882 $759,492
2023 $29,548 $2,483,700 $1,739,100 $744,600
2022 $17,641 $1,444,857 $1,313,516 $131,341
2021 $17,203 $1,416,527 $1,287,761 $128,766
2020 $17,086 $1,402,003 $1,274,557 $127,446
2019 $16,912 $1,374,514 $1,249,566 $124,948
2018 $15,904 $1,347,564 $1,225,065 $122,499
2016 $15,330 $1,295,240 $1,177,496 $117,744
2015 $15,130 $1,275,785 $1,159,809 $115,976
2014 $14,920 $1,250,795 $1,137,090 $113,705
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Kessler

    Seller's Agent in 2022

    Kimberly Kessler

    Coldwell Banker Realty

    (310) 285-7551

    3 in this area

    30 Total Sales

    Kimberly Kessler
    Section Image

  • K

    Buyer's Agent in 2022

    Katherine Gallivan

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 22-135937

The MLS

APN: 4289-005-024

California Los Angeles County Santa Monica 90405 Ocean Park

647 Strand St, Santa Monica, CA

This home is located at 647 Strand St, Santa Monica, CA 90405 since 14 March 2022 and is currently estimated at $2,558,172, approximately $1,861 per square foot. This property was built in 1946. 647 Strand 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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