Seller's Agent in 2016
Nubar Garibyan
SoCal Real Estate Services
(818) 368-8778
24 Total Sales
808 26th St Santa Monica, CA 90403
Northeast NeighborhoodEstimated Value: $1,886,848 - $2,853,000
3
Beds
4
Baths
2,978
Sq Ft
$832/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Property is near public transit
- No HOA
- Franklin Elementary School Rated A+
- Wood Flooring
- Laundry Room
About This Home
As of June 2016Another significant price reduction! Excellent opportunity for an investor or for an owner who wants to live in one and collect rent from the other 3 units. Desirable central Santa Monica property situated on the corner of Montana Ave and 26th Street. The property consists of a 2+1 house in the front, built in 1926 and 3 units (one 1+1 and two studio units) in a separate building built in 1948. Buyer to cooperate with seller to complete a 1031 Exchange at no additional cost or liability to buyer.
Last Agent to Sell the Property
SoCal Real Estate Services License #01101586 Listed on: 02/20/2016
Last Buyer's Agent
SoCal Real Estate Services License #01101586 Listed on: 02/20/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,940
Year Built
- Built in 1924
Lot Details
- 6,274 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 4 Car Garage
Home Design
- Cape Cod Architecture
- Cottage
Interior Spaces
- 2,978 Sq Ft Home
- 2-Story Property
- Utility Room
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 8530
- Assessor Parcel Number 4277001025
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,400
- Maintenance Expense $2,000
- Supplies Expense $240
- Water Sewer Expense $2,400
- New Taxes Expense $24,360
- Gross Income $5,050
- Net Operating Income $28,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2016
Closed on
Jun 2, 2016
Sold by
Borekcian Harry and Borekcian Hilda
Bought by
Yerelek Enterprises Llc
Seller's Agent
Nubar Garibyan
SoCal Real Estate Services
Buyer's Agent
Nubar Garibyan
SoCal Real Estate Services
List Price
$1,999,900
Sold Price
$1,700,000
Premium/Discount to List
-$299,900
-15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,462
Avg. Annual Appreciation
5.22%
Purchase Details
Closed on
Jul 12, 2013
Sold by
Borekcian Harry and Borekcian Hilda
Bought by
Borekcian Harry and Borekcian Hilda
Purchase Details
Closed on
Sep 6, 1996
Sold by
Trust Valantine Rubye C Tr Rubye C Valan and Valantine Richard M
Bought by
Borekcian Harry and Borekcian Hilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.14%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yerelek Enterprises Llc | $1,700,000 | North American Title Company | |
| Borekcian Harry | -- | None Available | |
| Borekcian Harry | -- | None Available | |
| Borekcian Harry | $365,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borekcian Harry | $285,000 | |
| Previous Owner | Borekcian Harry | $100,000 | |
| Previous Owner | Borekcian Harry | $291,000 | |
| Previous Owner | Borekcian Harry | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2016 06/17/16 | Sold | $1,700,000 | -15.0% | $571 / Sq Ft |
| 03/12/2016 03/12/16 | Pending | -- | -- | -- |
| 02/20/2016 02/20/16 | For Sale | $1,999,900 | -- | $672 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,940 | $2,012,450 | $1,538,934 | $473,516 |
| 2024 | $23,940 | $1,972,991 | $1,508,759 | $464,232 |
| 2023 | $23,558 | $1,934,306 | $1,479,176 | $455,130 |
| 2022 | $23,264 | $1,896,379 | $1,450,173 | $446,206 |
| 2021 | $22,685 | $1,859,196 | $1,421,739 | $437,457 |
| 2020 | $22,531 | $1,840,133 | $1,407,161 | $432,972 |
| 2019 | $22,304 | $1,804,053 | $1,379,570 | $424,483 |
| 2018 | $20,929 | $1,768,680 | $1,352,520 | $416,160 |
| 2016 | $6,550 | $502,164 | $412,743 | $89,421 |
| 2015 | $6,462 | $494,622 | $406,544 | $88,078 |
| 2014 | $6,406 | $484,934 | $398,581 | $86,353 |
Source: Public Records
Agents Affiliated with this Home
-
Nubar Garibyan
-
Angie Garibyan
A
Seller Co-Listing Agent in 2016
Angie Garibyan
SoCal Real Estate Services
(818) 599-5224
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR15133309
APN: 4277-001-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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