NOT LISTED FOR SALE

811 18th St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $2,929,183 - $3,129,000

7 Beds
5 Baths
3,462 Sq Ft
$878/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2018

Last sale price $2,850,000 $823 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $20,088 / mo

29 Days on Market

About This Home

As of May 2018

VACANT 4 UNIT BUILDING WITH POOL ON OVERSIZED 8,017 SF LOT (PER ASSESSOR) IS STEPS FROM MONTANA AVENUE! THIS WELL-MAINTAINED BUILDING IN FRANKLIN SCHOOL DISTRICT CONSISTS OF 1 THREE BEDROOM/TWO BATH UNIT (SEPARATE BUILDING), 1 TWO BEDROOM/ONE BATH UNIT AND 2 ONE BEDROOM/ONE BATH UNITS. IDEAL DEVELOPMENT SITE, OWNER USER/FAMILY COMPOUND OR RE-RENT THE UNITS. OWNER HAS PRELIMINARY PLANS FOR HIGH END DUPLEX (NOT SUBMITTED TO CITY) AVAILABLE FOR REVIEW. FIVE (5) COVERED PARKING SPACES IN REAR ACCESSIBLE FROM ALLEY.

Last Agent to Sell the Property

Arthur Peter

PAR Commercial Brokerage License #01068613 Listed on: 04/13/2018

Last Buyer's Agent

Arthur Peter

PAR Commercial Brokerage License #01068613 Listed on: 04/13/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,017 Sq Ft Lot

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Covered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4277-008-062

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

8,017 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3462
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Equipment: Cable, Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 837.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 113660
  • Assessed Land Value: 477131
  • Assessor Parcel Number: 4277-008-062
  • Geocode Override: No
  • Lot Size Area: 8017

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 25.52
  • Number Of Units: 4
  • Type Of Units: apartment

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jun 13, 2018
Sold by
Bought by
Seller's Agent
Arthur Peter
PAR Commercial Brokerage
Buyer's Agent
Arthur Peter
PAR Commercial Brokerage
List Price
$2,900,000
Sold Price
$2,850,000
Premium/Discount to List
-$50,000
-1.72%
Current Estimated Value
$3,041,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,061
Avg. Annual Appreciation
0.79%
Original Mortgage
$1,690,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 8, 2018
Sold by
Bought by
Seller's Agent
Arthur Peter
PAR Commercial Brokerage
Buyer's Agent
Arthur Peter
PAR Commercial Brokerage
List Price
$2,900,000
Sold Price
$2,850,000
Premium/Discount to List
-$50,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,150
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wilshire Montana, CA

  • Sierus Erdelyi Real Estate Agent - TruLine Realty

    Sierus Erdelyi

    TruLine Realty

    (424) 374-0268

    178 Total Sales

    1 in Wilshire Montana

    $1,660,000 Price

    Sierus Erdelyi
     Section Image
  • Haleh Dolatshahi Real Estate Agent - Rodeo Realty- Brentwood

    Haleh Dolatshahi

    Rodeo Realty- Brentwood

    (424) 301-8260

    12 Total Sales

    2 in Wilshire Montana

    $1.7M - $2.6M Price Range

    Haleh Dolatshahi
     Section Image
  • Raymond Dominguez Real Estate Agent - Engel & Völkers

    Raymond Dominguez

    Engel & Völkers

    (424) 359-1336

    12 Total Sales

    1 in Wilshire Montana

    $1,729,000 Price

    Raymond Dominguez
     Section Image
  • Susan Kastner Real Estate Agent - Compass

    Susan Kastner

    Compass

    (424) 577-6015

    46 Total Sales

    9 in Wilshire Montana

    $723K - $6.5M Price Range

    Susan Kastner
     Section Image
  • Chris Hicks Real Estate Agent - The Agency

    Chris Hicks

    The Agency

    (310) 294-8277

    30 Total Sales

    3 in Wilshire Montana

    $1.6M - $7.3M Price Range

    Chris Hicks
     Section Image
  • Sheila Hume Real Estate Agent - Compass

    Sheila Hume

    Compass

    (424) 391-8089

    19 Total Sales

    3 in Wilshire Montana

    $1.2M - $2.2M Price Range

    Sheila Hume
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$2,850,000 North American Title
-- Provident Title Company
-- --
-- --
$421,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,690,000
Previous Owner $641,150
Previous Owner $695,000
Previous Owner $665,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2018 05/22/18 Sold $2,850,000 -1.7% $823 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $2,900,000 -- $838 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $40,493 $3,242,808 $2,958,354 $284,454
2024 $37,983 $3,179,225 $2,900,348 $278,877
2023 $37,378 $3,116,888 $2,843,479 $273,409
2022 $36,923 $3,055,774 $2,787,725 $268,049
2021 $36,078 $2,995,858 $2,733,064 $262,794
2019 $35,431 $2,907,000 $2,652,000 $255,000
2018 $7,855 $602,606 $486,673 $115,933
2017 $7,808 $590,791 $477,131 $113,660
2016 $7,531 $579,208 $467,776 $111,432
2015 $7,431 $570,509 $460,750 $109,759
2014 $7,361 $559,334 $451,725 $107,609
Source: Public Records

Agents Affiliated with this Home

  • Arthur Peter Real Estate Agent - PAR Commercial Brokerage

    Seller's Agent in 2018

    Arthur Peter

    PAR Commercial Brokerage

    (310) 395-2663

    1 in this area

    2 Total Sales

    Arthur Peter
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Map

Source: The MLS

MLS Number: 18-333244

The MLS

APN: 4277-008-062

California Los Angeles County Santa Monica 90403 Wilshire Montana

811 18th St, Santa Monica, CA

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The MLS © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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