$1,508,000
SOLD JUL 17, 2025
2 Beds
3 Baths
1,558 Sq Ft
5,492 Sq Ft Lot

Recently Sold

$968 Per Sq Ft

15% Below List Price

53 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Traditional Architecture
  • John Muir Elementary School Rated A
  • Living Room with Fireplace
  • 4-minute walk to Ozone Park

About This Home

As of July 2025

First time on the market in nearly 54 years! Rare opportunity to own a vintage 1936 duplex nestled in the coveted Ocean Park neighborhood of Santa Monica -- just 8 blocks to the beach, with views! Situated on an approximately 5,500 sq. ft. lot (50' x 110') and zoned SMOP2, this property suits a variety of buyers: (1) first-time fixer-upper buyers wanting a foothold in this desirable area; (2) buyers looking for a major restoration or expansion; or (3) spec builders/investors seeking to maximize potential in a prime location. Located on a quiet street, the property features two charming 1-bedroom units, plus a bonus basement room with ensuite bath and a detached garage. Fully gated, the inviting front yard is accented by mature trees. Front Unit (711 Pier Ave): Set gracefully on a hill with city views, this unit feels private, like a single-family home. Bright and airy, the spacious living area features a cozy gas fireplace, hardwood floors, and beamed ceilings -- creating a warm, inviting atmosphere. The original kitchen opens easily to the dining area, living room, and a balcony ideal for enjoying city and treetop views. The bedroom includes multiple closets and an ensuite bathroom. Rear Unit (711 1/2 Pier Ave): This delightful 1-bedroom, 2-bath unit has a charming front porch, hardwood floors, and an open living room with beamed ceilings. The living area flows naturally into an adjacent dining area or den -- perfect for a home office -- and connects nicely to the kitchen. The bedroom offers generous storage, an ensuite bathroom, and direct access to the backyard. The second bathroom would easily convert to a convenient laundry room. Enjoy the convenience of an outstanding location -- only blocks to retail, and Main Street's vibrant shops and restaurants. Whether renovating the existing structure or starting fresh, don't miss your chance to own a special property in Ocean Park's eclectic community. Property will be delivered vacant.

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 04/17/2025

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

Trisha Paschke

Rodeo Realty License #01387274

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 5,492 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Hillside Location
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • City
  • Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,558 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Skylights in Kitchen
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Engineered Wood Flooring
  • Laundry in Kitchen
  • Basement

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 3 Bathrooms
  • Bathtub with Shower
  • Shower Only

Outdoor Features

  • Balcony
  • Open Patio
  • Shed
  • Front Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Floor Furnace
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4287-030-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Living Room
  • Living Area: 1558
  • Lot Acreage: 0.1261
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement, Built-Ins, Living Room Deck Attached, Common Walls, Mirrored Closet Door(s)
  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood
  • Appliances: Microwave, Cooktop - Gas, Oven, Built-Ins
  • Bedrooms: 2
  • Bedroom Features: Primary Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub, Shower Stall
  • Kitchen Features: Skylight(s), Tile Counters, Counter Top
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Hood Fan, Microwave
  • Price Per S Q F T: 962.13
  • Windows: Skylights

Exterior Features

  • Direction Faces: South
  • Construction: Stucco, Wood Siding
  • Other Features: Sliding Glass Doors, Balcony
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Patio: Balcony, Porch - Front
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Security: Gated
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 12.50
  • Assessed Improvement Value: 255000
  • Assessed Land Percent: 87.5
  • Assessed Land Value: 1785000
  • Total Assessed Value: 2040000
  • Assessor Parcel Number: 4287-030-018
  • Lot Description: Yard, Back Yard, Fenced, Single Lot
  • Lot Location: City, Near Public Transit, Hillside
  • Lot Size Area: 5492

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Jun 13, 2025
Sold by
Cherico Sergio D
Bought by
Medeirosman Ryan and Medeirosman Jessica
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Trisha Paschke
Rodeo Realty
List Price
$1,779,000
Sold Price
$1,508,000
Premium/Discount to List
-$271,000
-15.23%
Views
60
Current Estimated Value
$1,625,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,275
Avg. Annual Appreciation
15.18%
Original Mortgage
$1,131,000
Outstanding Balance
$1,123,194
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$502,081

Purchase Details

Closed on
Feb 3, 2023
Sold by
Geng Jiemei
Bought by
Cherico Sergio D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2020
Sold by
Cherico Ruth and Cherico Family Trust
Bought by
Cherico Ruth and Cherico Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,400
Interest Rate
3.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 16, 2018
Sold by
Cherico Ruth
Bought by
Cherico Ruth and Cherico Family Trust

Purchase Details

Closed on
Jul 20, 2011
Sold by
Cherico Ruth and Cherico Family Trust 1982
Bought by
Cherico Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,508,000 Equity Title Company
Grant Deed -- Vantage Point Title
Interfamily Deed Transfer -- Fnc Title Services Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,131,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $1,148,400 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $1,508,000 +0.6% $968 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $1,499,000 -10.7% $962 / Sq Ft
05/12/2025 05/12/25 Price Changed $1,679,000 -5.6% $1,078 / Sq Ft
04/17/2025 04/17/25 For Sale $1,779,000 -- $1,142 / Sq Ft
Source: The MLS

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 $24,357 $2,080,800 $1,820,700 $260,100
2024 $24,357 $2,040,000 $1,785,000 $255,000
2023 $1,702 $81,933 $59,828 $22,105
2022 $1,661 $80,327 $58,655 $21,672
2021 $1,585 $78,753 $57,505 $21,248
2019 $1,544 $76,419 $55,800 $20,619
2018 $1,426 $74,921 $54,706 $20,215
2016 $1,344 $72,014 $52,583 $19,431
2015 $1,322 $70,934 $51,794 $19,140
2014 $1,326 $69,546 $50,780 $18,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25525581

The MLS

APN: 4287-030-018