NOT LISTED FOR SALE

816 17th St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated Value: $4,181,728

6 Beds
6 Baths
-- Sq Ft
7,480 Sq Ft Lot

Last Sold December 02, 2013

Last sale price $2,200,000

Est. 90% increase in value since last sale

Current estimated payment $25,228/month

21 Days on Market

About This Home

As of December 2013

Charming 6 unit income property, Prime Santa Monica Neighborhood,Just South of Montana Ave. Good Earner, Close to shopping, cafe's , all units have hardwood. 1 unit, 3 garages, and non permitted office, delivered empty. all other units are actual rents. Possible development opp.(check with city) Rents for owners unit projected at $1800.00 per month,3 garages delivered empty,rents on those projected at $175 per month.Non permitted office with kitchen and bath projected at $600.00 per month. Existing tenants are on month to month. One unit is Sec.8 housing.PLEASE DO NOT DISTURB TENANTS, PLEASE DO NOT WALK ON PROPERTY.

Last Agent to Sell the Property

Lenny Lloyd da Silva

Compass License #01302621 Listed on: 10/28/2013

Compass

Last Buyer's Agent

kathleen owens

Berkshire Hathaway HomeServices California Properties License #00961809

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,425

Year Built

  • Built in 1948

Lot Details

  • 7,480

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • 7,480 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4281-001-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,425

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Electric Expense: 600.00
  • Heating: Forced Air
  • Water Expense: 3500.00

Fee Information

  • Gas Expense: 600.00
  • Insurance Expense: 3000.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 60680
  • Assessed Land Value: 118859
  • Assessor Parcel Number: 4281-001-004
  • Geocode Override: No
  • Lot Size Area: 7480

Rental Info

  • Total Actual Rent: 73908.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 17.40
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 31450.00
  • Type Of Units: Income
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 3000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2014
Sold by
Jacobson Craig and Brothers Trust
Bought by
1837 Glendon Avenue Llc
Current Estimated Value
$4,181,728

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 14, 2013
Sold by
Phillips Gordon H
Bought by
Jacobson Craig and The Brothers Trust
Seller's Agent
Lenny Lloyd da Silva
Compass
Buyer's Agent
kathleen owens
Berkshire Hathaway HomeServices California Properties
List Price
$1,899,000
Sold Price
$2,200,000
Premium/Discount to List
$301,000
15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$300,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2006
Sold by
Phillips Helen F and The Harold N Phillips & Helen
Bought by
Phillips Gordon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Commercial
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
1837 Glendon Avenue Llc $2,185,021 None Available
Jacobson Craig $2,200,022 None Available
Phillips Gordon H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1837 Glendon Avenue Llc $2,100,000
Closed 1837 Glendon Avenue Llc $1,930,000
Previous Owner Jacobson Craig $300,000
Previous Owner Phillips Gordon H $100,000
Previous Owner Phillips Gordon H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2013 12/02/13 Sold $2,200,000 +15.9% --
11/18/2013 11/18/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $1,899,000 -- --
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 $31,425 $2,626,033 $1,922,956 $703,077
2024 $31,425 $2,574,543 $1,885,251 $689,292
2023 $30,931 $2,524,063 $1,848,286 $675,777
2022 $30,555 $2,474,573 $1,812,046 $662,527
2021 $29,808 $2,426,053 $1,776,516 $649,537
2019 $29,317 $2,354,097 $1,723,825 $630,272
2018 $27,547 $2,307,939 $1,690,025 $617,914
2016 $26,500 $2,218,321 $1,624,400 $593,921
2015 $26,163 $2,185,000 $1,600,000 $585,000
2014 $26,480 $2,200,000 $1,400,000 $800,000
Source: Public Records

Agents Affiliated with this Home

  • kathleen owens

    Buyer's Agent in 2013

    kathleen owens

    Berkshire Hathaway HomeServices California Properties

    (310) 586-0399

    4 Total Sales

    kathleen owens
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Map

Source: The MLS

MLS Number: 13-710325

The MLS

APN: 4281-001-004

California Los Angeles County Santa Monica 90403 Wilshire Montana

816 17th St, Santa Monica, CA

This home is located at 816 17th St, Santa Monica, CA 90403 since 28 October 2013 and is currently estimated at $4,181,728. This property was built in 1948. 816 17th St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

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