NOT LISTED FOR SALE

723 12th St Unit A Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $2,394,000 - $4,123,783

1 Bed
1 Bath
-- Sq Ft
7,536 Sq Ft Lot

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Bonus Room
  • Roosevelt Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

As of May 2021

Imagine living just steps to the Chic Montana Avenue shopping district? With an easy walk to Whole Foods, Pavilions, Starbucks, Peets Coffee and the organic eatery Kreation; daily life just got easier. Leave your car behind and grab your favorite treat and take a casual walk to the Historic Palisades Park, the ocean and even the iconic Santa Monica pier. Newly renovated with high-end designer details throughout. With just 3 units in back of a front house, this property has a garden setting feel too it. This unit is like a guest house as it shares no walls with any other resident ! Unfurnished, 1 bedroom, 1 bath with a Zoom-ready separate office space.This Beautiful unit features hardwood floors, laundry room on the premises, permit street parking, quiet neighborhood, Foodies Dream Gourmet Kitchen with a prep island that doubles as a dining area, refrigerator, range oven, microwave, dishwasher (all stainless steel), no shared living walls, very bright and airy, and much much more! Won't be on the market for long!No Smoking, Cats only, Minimum 13-month lease $3,250.00 monthly rent, $3,550 deposit * AVAILABLE NOW!Thanks for looking.The owner pays for water and trash

Last Agent to Rent the Property

Noam Srolovitz

Kape Property Management, Inc. License #02069623 Listed on: 02/02/2021

Last Renter's Agent

Noam Srolovitz

Kape Property Management, Inc. License #02069623 Listed on: 02/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,823

Year Built

  • 1948

Lot Details

  • Fenced Yard
  • Landscaped
  • Lawn
  • Back Yard

Home Design

  • Entry on the 1st floor
  • Updated or Remodeled

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Bar
  • Living Room
  • Dining Area
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Rain Gutters

Utilities

  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Kape Property Management Association
  • Low-Rise Condominium

Listing and Financial Details

  • Security Deposit $3,550
  • Tenant pays for cable TV, electricity, gas
  • Rent includes gardener, water, trash collection
  • 12-Month Minimum Lease Term
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,823

Year Built

1948

Lot Details

0

Rental Info

  • Credit Report Amount: 45.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Length: 12
  • Rent Includes: Gardener, Water, Trash Collection
  • Security Deposit: 3550
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Style: Garden Condo
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 12th Street Residences
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Year Built (Public Record): 1948

Interior Features

  • Flooring: Wood
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Pantry
  • Laundry: Room, Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Cable, Freezer, Garbage Disposal, Dishwasher, Microwave, Range/Oven

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Utilities

  • Water Heater: Tankless, Water Heater Unit
  • Security: Exterior Security Lights, Smoke Detector

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Management Company: Kape Property Management
  • Mgmt Co Phone: 3109127808|

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Description: Fenced Yard, Lawn, Landscaped, Gutters, Back Yard

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2006
Sold by
Sevy Robert L
Bought by
Sevy Robert L
Current Estimated Value
$3,507,946

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
$349,950
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,157,996

Purchase Details

Closed on
Sep 8, 2005
Sold by
Sevy Robert L and Sevy Jacqueline A
Bought by
Sevy Robert L

Purchase Details

Closed on
Jul 18, 1997
Sold by
Kosters Marvin H and The Marvin H Kosters Trust
Bought by
Sevy Robert L and Sevy Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
7.43%

Purchase Details

Closed on
Oct 12, 1995
Sold by
Kosters Marvin H and Kosters Bonnie M
Bought by
Kosters Marvin H and Kosters Bonnie M
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
Sevy Robert L -- Stewart Title Of Ca Inc
Sevy Robert L -- --
Sevy Robert L $750,000 Continental Lawyers Title Co
Kosters Marvin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sevy Robert L $600,000
Closed Sevy Robert L $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Rented $2,900 -1.5% --
04/16/2021 04/16/21 Price Changed $2,945 -9.4% --
02/02/2021 02/02/21 For Rent $3,250 -- --
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 $14,823 $1,197,554 $750,471 $447,083
2024 $14,823 $1,174,073 $735,756 $438,317
2023 $14,586 $1,151,053 $721,330 $429,723
2022 $14,393 $1,128,485 $707,187 $421,298
2021 $13,933 $1,106,359 $693,321 $413,038
2020 $13,835 $1,095,015 $686,212 $408,803
2019 $13,689 $1,073,545 $672,757 $400,788
2018 $12,829 $1,052,496 $659,566 $392,930
2016 $12,333 $1,011,628 $633,955 $377,673
2015 $12,170 $996,433 $624,433 $372,000
2014 $12,025 $976,916 $612,202 $364,714
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2021

    Noam Srolovitz

    Kape Property Management, Inc.

    (908) 227-5950

    30 Total Sales

    Noam Srolovitz
    Section Image
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Map

Source: The MLS

MLS Number: 21-688388

The MLS

APN: 4280-026-021

California Los Angeles County Santa Monica 90402 North of Montana

723 12th St Unit A, Santa Monica, CA

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