NOT LISTED FOR SALE

707 Palisades Beach Rd Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $6,718,000 - $14,546,181

5 Beds
1 Bath
600 Sq Ft
$15,985/Sq Ft Est. Value

Highlights

  • Ocean View
  • Detached Guest House
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Art Studio
  • 1-minute walk to North Beach Playground

About This Home

As of April 2020

Available for lease is this spectacular Beach Bungalow Guest House in prime Santa Monica. Numerous updates throughout with an abundance of charm and warmth. This stunning property offers exceptional privacy with a courtyard entrance and peekaboo ocean views with access to the beach. Enjoy the incomparable location near Santa Monica's shopping and restaurants.

Last Agent to Rent the Property

Magnus Hellberg

Coldwell Banker Realty License #01485652 Listed on: 03/16/2020

Coldwell Banker Realty

Last Renter's Agent

Magnus Hellberg

Coldwell Banker Realty License #01485652 Listed on: 03/16/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,901

Year Built

  • Built in 1931

Lot Details

  • 500 Sq Ft Lot
  • Property is zoned SMR2B*

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Art Studio
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Ice Maker
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for cable TV, electricity, gas, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4293-018-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,901

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 10000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 600
  • Stories: 1
  • Year Built: 1931
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Gas Dryer Hookup, Ice Maker, Refrigerator, Washer
  • Price Per S Q F T: 8.33

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Ocean, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4293-018-017
  • Geocode Override: No
  • Lot Size Area: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jun 6, 2020
Sold by
Greene Browne and The Browne Greene Family Trust
Bought by
Greene Leana
Seller's Agent
Magnus Hellberg
Coldwell Banker Realty
Buyer's Agent
Magnus Hellberg
Coldwell Banker Realty
Sold Price
$3,900
Current Estimated Value
$9,686,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,682,692
Original Mortgage
$5,700,000
Outstanding Balance
$5,040,138
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$4,550,657

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 30, 2020
Sold by
Greene Leana
Bought by
Greene Leana and The Leana Greene Family Trust
Seller's Agent
Magnus Hellberg
Coldwell Banker Realty
Buyer's Agent
Magnus Hellberg
Coldwell Banker Realty
Sold Price
$3,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700,000
Outstanding Balance
$5,040,138
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$4,550,657

Purchase Details

Listed on
Jan 1, 2019
Closed on
Jan 24, 2020
Sold by
Greene Browne
Bought by
Greene Browne and The Browne Greene Family Trust
Seller's Agent
Magnus Hellberg
Coldwell Banker Realty
Buyer's Agent
John Snyder
Compass
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2019
Closed on
Jan 17, 2020
Sold by
Greene Browne and The Browne Greene Family Trust
Bought by
Greene Browne
Seller's Agent
Magnus Hellberg
Coldwell Banker Realty
Buyer's Agent
John Snyder
Compass
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2019
Closed on
Nov 15, 2019
Sold by
Greene Browne
Bought by
Greene Browne and The Browne Greene Family Trust
Seller's Agent
Magnus Hellberg
Coldwell Banker Realty
Buyer's Agent
John Snyder
Compass
Sold Price
$85,000

Purchase Details

Closed on
Jul 24, 1998
Sold by
Greene Browne
Bought by
Greene Browne

Purchase Details

Closed on
Aug 15, 1996
Sold by
Bradley Mary F
Bought by
Greene Browne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
8.42%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Bradley Mary F and Jones Mary
Bought by
Bradley Mary F and Mary F Bradley Trust
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
Greene Leana -- None Available
Greene Leana -- First American Title Company
Greene Browne -- None Available
Greene Browne -- Stewart Title Of Ca Inc
Greene Browne -- None Available
Greene Browne -- None Available
Greene Browne -- --
Greene Browne $3,000,000 Equity Title
Bradley Mary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Leana $5,700,000
Closed Greene Browne $680,000
Closed Greene Browne $860,000
Closed Greene Browne $1,100,000
Closed Greene Browne $500,000
Closed Greene Browne $0
Closed Greene Browne $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Rented $3,900 -22.0% --
03/16/2020 03/16/20 For Rent $5,000 -94.1% --
12/20/2019 12/20/19 Rented $85,000 -15.0% --
01/01/2019 01/01/19 For Rent $100,000 +2122.2% --
09/05/2018 09/05/18 Rented $4,500 -35.7% --
08/15/2018 08/15/18 Price Changed $7,000 -30.0% $12 / Sq Ft
06/13/2018 06/13/18 Price Changed $10,000 -33.3% $17 / Sq Ft
04/23/2018 04/23/18 For Rent $15,000 -- --
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 $64,901 $5,611,982 $4,478,958 $1,133,024
2024 $64,901 $5,501,944 $4,391,136 $1,110,808
2023 $63,876 $5,394,064 $4,305,036 $1,089,028
2022 $116,412 $9,858,103 $7,520,785 $2,337,318
2021 $113,682 $9,664,808 $7,373,319 $2,291,489
2019 $60,521 $5,030,832 $4,015,137 $1,015,695
2018 $56,809 $4,932,189 $3,936,409 $995,780
2016 $54,737 $4,740,667 $3,783,554 $957,113
2015 $54,038 $4,669,459 $3,726,722 $942,737
2014 $53,223 $4,577,992 $3,653,721 $924,271
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2020

    Magnus Hellberg

    Coldwell Banker Realty

    (310) 500-3931

    2 in this area

    24 Total Sales

    Section Image
  • John Snyder

    Buyer's Agent in 2019

    John Snyder

    Compass

    (310) 270-7463

    9 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 20-564436

The MLS

APN: 4293-018-017

California Los Angeles County Santa Monica 90402 North of Montana

707 Palisades Beach Rd, Santa Monica, CA

This home is located at 707 Palisades Beach Rd, Santa Monica, CA 90402 since 16 March 2020 and is currently priced at $9,590,795. This property was built in 1931. 707 Palisades Beach Rd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln 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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