$1,575,000
SOLD FEB 7, 2022
3 Beds
2 Baths
1,371 Sq Ft
4,735 Sq Ft Lot

Recently Sold

$1,149 Per Sq Ft

12% Below List Price

99 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • South Facing Home
  • Will Rogers Elementary Rated A
  • Balcony
  • 4-minute walk to Ozone Park

About This Home

As of February 2022

This home is located at 823 Pier Ave, Santa Monica, CA 90405 and is currently priced at $1,575,000, approximately $1,148 per square foot. This property was built in 1950. 823 Pier Ave is a home located in Los Angeles County with nearby schools including Will Rogers Elementary, John Adams Middle School, and Santa Monica High School.

Last Agent to Sell the Property

Julia Hodges

Crosby Doe Associates, Inc. License #01885197 Listed on: 09/30/2021

Last Buyer's Agent

Jean Provo

Rodeo Realty - Pacific Palisades License #01316847

Rodeo Realty - Pacific Palisades

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,584

Year Built

  • Built in 1950

Lot Details

  • 4,735 Sq Ft Lot
  • South Facing Home

Home Design

  • Traditional Architecture
  • Split Level Home
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,371 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Driveway
  • Gated Parking

Additional Features

  • Balcony
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4285-028-016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,584

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1371
  • Lot Acreage: 0.1087
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 1309.26

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Other Structures: None
  • Paved: Yes
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Gated

Utilities

  • Heating: Wall
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 466650
  • Assessed Land Percent: 70
  • Assessed Land Value: 1088850
  • Total Assessed Value: 1555500
  • Assessor Parcel Number: 4285-028-016
  • Lot Size Area: 4735

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 26, 2022
Sold by
823 Fier Avenue Llc
Bought by
Nawpar Sukaya Maung and Nawpar Rosie Than
Seller's Agent
Julia Hodges
Crosby Doe Associates, Inc.
Buyer's Agent
Jean Provo
Rodeo Realty - Pacific Palisades
List Price
$1,795,000
Sold Price
$1,575,000
Premium/Discount to List
-$220,000
-12.26%
Current Estimated Value
$1,804,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,271
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,181,250
Outstanding Balance
$1,106,063
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$778,868

Purchase Details

Closed on
Oct 19, 2018
Sold by
Baldessari John and The John Baldessari Trust Unde
Bought by
823 Pier Avenue Llc

Purchase Details

Listed on
May 31, 2017
Closed on
Nov 28, 2017
Sold by
Bird Patrick John and Bird Margaret Bernadette
Bought by
Baldessari John and John Baldessari Trust
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
Dannie Cavanaugh
Cavanaugh Realtors
List Price
$1,695,000
Sold Price
$1,525,000
Premium/Discount to List
-$170,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$1,220,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1999
Sold by
Taylor Ronald Gene
Bought by
Schanes Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Schanes Christine E
Bought by
Bird Patrick John and Bird Margaret Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.82%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Gallagher Vincent P
Bought by
Schanes Christine E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,575,000 Lawyers Title
Grant Deed -- None Available
Grant Deed $1,525,000 Lawyers Title Company
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $350,000 Progressive Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,181,250 New Conventional
Previous Owner $1,220,000 New Conventional
Previous Owner $279,000 New Conventional
Previous Owner $302,250 Unknown
Previous Owner $280,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Closed $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $1,575,000 -12.3% $1,149 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,795,000 +17.7% $1,309 / Sq Ft
01/11/2018 01/11/18 Sold $1,525,000 -4.4% $1,069 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
07/07/2017 07/07/17 Price Changed $1,595,000 -5.9% $1,119 / Sq Ft
05/31/2017 05/31/17 For Sale $1,695,000 -- $1,189 / Sq Ft
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
2024 $19,584 $1,638,630 $1,045,602 $593,028
2023 $19,267 $1,606,500 $1,025,100 $581,400
2022 $19,434 $1,603,045 $1,122,132 $480,913
2021 $18,959 $1,571,614 $1,100,130 $471,484
2020 $18,831 $1,555,720 $1,088,850 $466,870
2019 $19,000 $1,555,720 $1,504,500 $51,220
2018 $5,947 $472,983 $285,011 $187,972
2016 $5,722 $454,407 $273,945 $180,462
2015 $5,645 $447,583 $269,831 $177,752
2014 $5,582 $438,817 $264,546 $174,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-786406

The MLS

APN: 4285-028-016