$3,360,000 - $5,286,000
RENTED MAR 21, 2025
3 Beds
2 Baths
1,450 Sq Ft
5,959 Sq Ft Lot

Highlights

  • Attached Guest House
  • Views of Trees
  • Modern Architecture
  • John Muir Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of March 2025

This vibrant 3-bedroom, 2-bathroom large corner unit in Ocean Park, Santa Monica, offers an ideal living space in a charming neighborhood just blocks away from Main Street and the beach. Recently remodeled, this top-floor apartment features a spacious living area with luxury custom roller shades, recessed lighting, and new laminate wood floors throughout. The modern kitchen boasts soft-close walnut cabinetry, white quartz countertops, and stainless-steel appliances including a stove, refrigerator, dishwasher, and microwave. The three generously sized bedrooms offer ample closet space, with the large primary suite serving as a peaceful retreat. The primary bathroom includes dual sinks and a walk-in closet, and the guest bathroom is newly remodeled with a walk-in shower. The unit comes with two assigned, gated, side-by-side parking spaces, and there is an option for a third parking space. A stacked washer and dryer are conveniently located in the unit. Ocean Park is a highly sought-after area known for its tranquil, tree-lined streets and proximity to three parks, as well as a variety of trendy shops, cafes, and restaurants. Located less than a mile from the beach, this apartment offers easy access to the shoreline. The security deposit is one month's rent, and pets are not allowed. Perfectly positioned in a peaceful yet lively community, this apartment is a fantastic place to call home.

Last Agent to Rent the Property

Cynthia Perez Brown

Sotheby's International Realty License #01137293 Listed on: 03/04/2025

Sotheby's International Realty

Co-Listed By

Karen Langjahr

Sotheby's International Realty License #02006114

Last Renter's Agent

Harriet Laveau

The Beverly Hills Estates License #02244856

The Beverly Hills Estates

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,518

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • West Facing Home
  • Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Drapes & Rods
  • Dining Area
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater

Additional Features

  • Attached Guest House
  • City Lot

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, gas, insurance
  • Rent includes water, trash collection, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4289-001-015

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,518

Year Built

Built in 1987 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 39.99
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Includes: Water, Trash Collection, Gardener
  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1450
  • Lot Acreage: 0.1368
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1987
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Microwave, Dishwasher, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 3.45
  • Windows: Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Guest House: Attached
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side, Assigned, Attached
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Card/Code Access
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • Unit Location: back

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4289-001-015
  • Lot Description: Fenced, Landscaped
  • Lot Location: City
  • Lot Size Area: 5961

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Lai Maria Meei-Ling Hsu and Lai Sean Cheong
Bought by
S And M Lai Family Limited Partnership
Current Estimated Value
$4,245,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$562,414
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$3,359,253

Purchase Details

Closed on
Aug 7, 2006
Sold by
Lai Sean and Lai Maria
Bought by
S & M Lai Family Lp

Purchase Details

Closed on
Aug 1, 2002
Sold by
S & M Lai Family Ltd Partnership
Bought by
Lai Sean and Lai Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.52%

Purchase Details

Closed on
May 30, 1996
Sold by
Lai Sean Cheong Fay and Lai Maria Meei Ling
Bought by
S & M Lai Family Ltd Partnership

Purchase Details

Closed on
Jan 8, 1996
Sold by
Lai Sean Cheong Fay and Lai Maria Meei Ling Hsu
Bought by
Lai Sean Cheong Fay and Lai Maria Meei Ling Hsu

Purchase Details

Closed on
May 26, 1994
Sold by
Lai Maria M Hsu
Bought by
Lai Sean Cheong Fay
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
S And M Lai Family Limited Partnership -- Lawyers Title
Lai Maria Meei-Ling -- Lawyers Title
S And M Lai Family Limited Partnership -- Lawyers Title
Lai Maria Meei-Ling Hs -- Lawyers Title
S & M Lai Family Lp -- None Available
Lai Sean -- Chicago Title Insurance Co
S & M Lai Family Ltd Partnership -- --
Lai Sean Cheong Fay -- --
Lai Sean Cheong Fay -- --
Lai Sean Cheong Fay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Maria Meei-Ling Hs $600,000
Previous Owner The S & M Family Limited Partnership $350,000
Previous Owner Lai Sean $562,000
Previous Owner Lai Sean $400,000
Previous Owner S & M Lai Family Ltd Partnership $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Rented $5,000 0.0% --
03/19/2025 03/19/25 Under Contract -- -- --
03/04/2025 03/04/25 For Rent $5,000 -3.8% --
01/13/2025 01/13/25 For Rent $5,200 -- --
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 $16,518 $1,341,744 $844,461 $497,283
2024 $16,518 $1,315,436 $827,903 $487,533
2023 $16,257 $1,289,644 $811,670 $477,974
2022 $16,046 $1,264,357 $795,755 $468,602
2021 $15,616 $1,239,566 $780,152 $459,414
2019 $15,349 $1,202,802 $757,013 $445,789
2018 $14,404 $1,179,219 $742,170 $437,049
2016 $13,824 $1,133,430 $713,351 $420,079
2015 $13,646 $1,116,406 $702,636 $413,770
2014 $13,478 $1,094,538 $688,873 $405,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25506199

The MLS

APN: 4289-001-015