$11,830,953
SOLD JUL 2, 2025
4 Beds
5 Baths
3,431 Sq Ft
5,701 Sq Ft Lot

Recently Sold

$3,448 Per Sq Ft

21% Below List Price

95 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Spa
  • Roosevelt Elementary School Rated A+
  • Detached Guest House
  • Sauna

About This Home

As of July 2025

Located on the iconic Palisades Beach Road, this recently remodeled beach-front California bungalow is positioned on the famous Gold Coast of Santa Monica. Embodying the casual beach lifestyle with refined finishes, the open floor plan offers views from nearly every room. The primary bedroom is a special light-filled sanctuary with expansive windows allowing for amazing views. The primary bathroom features a jacuzzi tub with a separate shower featuring beautiful ocean views. The backyard is an entertainer's dream, featuring beautiful landscaping, covered hot tub, and fireplace just steps from the iconic Santa Monica bike path. The private courtyard offers ample parking for guests or large families. Other amenities include a gym, sauna, detached guest house and 3-car garage plus additional storage. The property was taken down to the studs in 2018 and reimagined with new flooring, insulation, drywall, plumbing, electrical, fixtures, windows, appliances, fireplace, sprinkler system, tankless water heater, roofing, and more. Walking distance to restaurants, shopping, and the Santa Monica pier. The best Santa Monica has to offer!

Last Agent to Sell the Property

Madison Hildebrand

Compass License #01413280 Listed on: 01/31/2025

Compass

Co-Listed By

Jennifer Chrisman

Compass License #01325526

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,386

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,701 Sq Ft Lot
  • Beach Front
  • West Facing Home
  • Property is zoned SMR2B*

Parking

  • 3 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 3,431 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Sauna
  • Home Gym
  • Wood Flooring

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Spa
  • Oceanside
  • Deck
  • Covered patio or porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4293-018-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,386

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3431
  • Lot Acreage: 0.1309
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Recessed Lighting, Turnkey, Detached/No Common Walls
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Freezer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3934.42

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), Sauna Private
  • Other Structures: None
  • Guest House: Detached
  • Patio: Deck(s), Patio Open, Porch - Front, Porch - Rear
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Ocean, White Water, Water, Pier, City Lights, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Private, Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4293-018-013
  • Lot Location: Beach Front, Ocean Front, Ocean Side Of Highway 1
  • Lot Size Area: 5701

Rental Info

  • Lease Option: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Rusconi John B and Negyesi Anna
Bought by
Rusconi-Negyesi Trust and Rusconi

Purchase Details

Closed on
May 9, 2019
Sold by
Rusconi John B
Bought by
John B Rusconi Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 2019
Sold by
The John B Rusconi Revocable Trust
Bought by
Rusconi John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2018
Sold by
Rusconi John B
Bought by
Rusconi John B and John B Rusconi Revocable Trust Dated Dec

Purchase Details

Listed on
Nov 16, 2017
Closed on
Apr 25, 2018
Sold by
Pbm Property Llc
Bought by
Rusconi John B
Seller's Agent
Blair Chang
The Agency
Buyer's Agent
Madison Hildebrand
Compass
List Price
$6,995,000
Sold Price
$6,100,000
Premium/Discount to List
-$895,000
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$3,000,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jul 5, 2013
Sold by
Kanin Josh
Bought by
Pbm Property Llc
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Blair Chang
The Agency
List Price
$4,995,000
Sold Price
$5,500,000
Premium/Discount to List
$505,000
10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Nov 2, 1994
Sold by
Kanin Fay and Bamberger Henry J
Bought by
Kanin Fay
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Accommodation
Grant Deed $6,100,000 Lawyers Title
Grant Deed $5,500,055 Equity Title Los Angeles
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,300,000 New Conventional
Previous Owner $625,000 Construction
Previous Owner $4,550,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Commercial
Previous Owner $5,920,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $11,830,953 -12.4% $3,448 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $13,499,000 -3.5% $3,934 / Sq Ft
02/03/2025 02/03/25 Price Changed $13,995,000 -6.7% $4,079 / Sq Ft
01/31/2025 01/31/25 For Sale $15,000,000 +26.8% $4,372 / Sq Ft
01/30/2025 01/30/25 Off Market $11,830,953 -- --
01/23/2025 01/23/25 For Sale $15,000,000 +145.9% $4,372 / Sq Ft
05/31/2018 05/31/18 Sold $6,100,000 -12.8% $2,509 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $6,995,000 +27.2% $2,877 / Sq Ft
07/25/2013 07/25/13 Sold $5,500,000 +10.1% $2,262 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $4,995,000 -- $2,055 / 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 $79,386 $6,940,756 $6,258,060 $682,696
2024 $79,386 $6,804,663 $6,135,353 $669,310
2023 $78,122 $6,671,239 $6,015,052 $656,187
2022 $77,204 $6,540,431 $5,897,110 $643,321
2021 $75,401 $6,412,188 $5,781,481 $630,707
2020 $74,897 $6,346,440 $5,722,200 $624,240
2019 $74,171 $6,222,000 $5,610,000 $612,000
2018 $67,758 $5,925,534 $5,386,850 $538,684
2016 $65,385 $5,695,440 $5,177,673 $517,767
2015 $64,548 $5,609,890 $5,099,900 $509,990
2014 $63,560 $5,500,000 $5,000,000 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-487633

The MLS

APN: 4293-018-013