$1,775,000
SOLD OCT 31, 2012
-- Bed
-- Bath
5,262 Sq Ft
8,081 Sq Ft Lot

Recently Sold

$337 Per Sq Ft

29 Days on Market

Highlights

  • 8,081 Sq Ft lot
  • John Muir Elementary School Rated A
  • Built-In Features

About This Home

As of December 2021

This 7-unit building located in the Ocean Park neighborhood of Santa Monica has been owned, managed and carefully maintained by the same family since 1986. Unit mix consists of four 1br/1ba units and three 2br/1ba units. Improvements include copper plumbing (1997), new roof (2004), "tenting" for wood-destroying pests (2004) and new sewerline (2011.) The property includes five tuck-under parking spaces and laundry room. All units separately metered for gas and electricity. Ocean Park Boulevard is currently undergoing a major renovation that will be completed in early 2013 and will result in an enhanced streetscape environment that is pedestrian- and bicycle-oriented, with wider sidewalks, 100 new trees and major traffic improvements. This quintessential Westside property is close to jobs yet is only .6 miles from one of the city's best beaches and near all the excitement of Downtown Santa Monica and Venice. Do not disturb tenants.

Last Agent to Sell the Property

James Adner

Keller Williams Realty License #01716093 Listed on: 08/13/2012

Keller Williams Realty

Last Buyer's Agent

Greg Eckhardt

PAR Commercial Brokerage License #01255469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,081 Sq Ft Lot

Interior Spaces

  • 5,262 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Oven or Range

Parking

  • 5 Parking Spaces
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4287-003-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5262
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Built-Ins, Range/Oven
  • Price Per S Q F T: 337.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 5

Utilities

  • Electric Expense: 593.00
  • Heating: Wall
  • Sewer: In Street
  • Water Expense: 5798.00

Fee Information

  • Gas Expense: 273.00
  • Insurance Expense: 2900.00
  • Maintenance Expense: 4605.00
  • Management Expense: 3845.00
  • Trash Expense: 955.00

Lot Info

  • Assessed Improvement Value: 333730
  • Assessed Land Value: 222480
  • Assessor Parcel Number: 4287-003-012
  • Lot Size Area: 8081

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 14.80
  • Number Of Units: 7
  • Total Annual Expense: 42736
  • Type Of Units: Apartment
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 20160.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Price Changed $3,100,000 +14.9% $589 / Sq Ft
02/23/2024 02/23/24 For Sale $2,699,000 0.0% $513 / Sq Ft
03/15/2022 03/15/22 Rented $3,300 0.0% --
02/02/2022 02/02/22 For Rent $3,300 0.0% --
12/13/2021 12/13/21 Sold $3,178,000 -4.4% $604 / Sq Ft
11/17/2021 11/17/21 For Sale $3,325,000 0.0% $632 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $3,325,000 0.0% $632 / Sq Ft
10/21/2021 10/21/21 For Sale $3,325,000 +2.3% $632 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $3,250,000 +83.1% $618 / Sq Ft
10/31/2012 10/31/12 Sold $1,775,000 0.0% $337 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $1,775,000 -- $337 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-618485

The MLS