NOT LISTED FOR SALE

825 Ocean Park Blvd Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $2,464,000 - $3,406,000

8 Beds
5 Baths
3,719 Sq Ft
$772/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,070,000 $557 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $18,449/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property
  • John Muir Elementary School Rated A
  • Ceiling Fan

About This Home

As of May 2021

Incredible opportunity to own this charming fourplex in beautiful Santa Monica. Conveniently located right across from Gelsons and in between the famous Santa Monica Pier and Santa Monica College. You can walk or bike everywhere, this is true California living at its finest. The unit mix consists of (1) 3bed/1bath (2) 2bed/1bath and (1) 1bed/1bath. There are four private one car garages, which are being leased separately, a laundry room and storage area. All units are currently occupied with the exception of the 1bed/1bath. Move-in the vacant unit and use the rental income from the others to pay for the mortgage or pick your own tenant. On the market for the first time in over 35 years don't let this opportunity pass you by!!

Last Agent to Sell the Property

Katia Miramontes

Coldwell Banker Realty License #01909807 Listed on: 04/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,784

Year Built

  • Built in 1955

Lot Details

  • 6,602

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture

Interior Spaces

  • 3,719 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,602 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4284-008-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,784

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3719
  • Lot Acreage: 0.1516
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Carpet
  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Washer, Range/Oven, Dryer
  • Price Per S Q F T: 578.11

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 42.33
  • Assessed Improvement Value: 172384
  • Assessed Land Percent: 57.67
  • Assessed Land Value: 234897
  • Total Assessed Value: 407281
  • Assessor Parcel Number: 4284-008-002
  • Lot Size Area: 6602

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 4
  • Total Annual Expense: 38516
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Open House Investments Llc
Bought by
Takenami Kensetsu Co Ltd
Current Estimated Value
$2,869,302

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 10, 2021
Sold by
Mcginnis Beverly J
Bought by
Open House Investments Llc
Seller's Agent
Katia Miramontes
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,150,000
Sold Price
$2,070,000
Premium/Discount to List
-$80,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Sutherland Daniel D and Sutherland Erma B
Bought by
Sutherland Daniel Donald and Sutherland Erma Barlow
Source: Public Records

Range of Values:

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Average Value
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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
Takenami Kensetsu Co Ltd $2,710,000 Chicago Title Company
Open House Investments Llc $2,070,000 Consumers Title Company
Sutherland Daniel Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Takenami Kensetsu Co Ltd $167,852,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $2,070,000 -3.7% $557 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $2,150,000 -- $578 / 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
2025 $33,784 $2,875,873 $2,212,618 $663,255
2024 $33,784 $2,819,484 $2,169,234 $650,250
2023 $33,247 $2,764,200 $2,126,700 $637,500
2022 $32,841 $2,710,000 $2,085,000 $625,000
2021 $5,942 $411,499 $237,330 $174,169
2020 $5,898 $407,281 $234,897 $172,384
2019 $5,831 $399,296 $230,292 $169,004
2018 $5,410 $391,468 $225,777 $165,691
2016 $5,166 $376,268 $217,010 $159,258
2015 $5,096 $370,617 $213,751 $156,866
2014 $5,062 $363,358 $209,564 $153,794
Source: Public Records

Agents Affiliated with this Home

  • Katia Miramontes

    Seller's Agent in 2021

    Katia Miramontes

    Coldwell Banker Realty

    (310) 310-0324

    1 in this area

    30 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 21-712610

The MLS

APN: 4284-008-002

California Los Angeles County Santa Monica 90405 Sunset Park

825 Ocean Park Blvd, Santa Monica, CA

This home is located at 825 Ocean Park Blvd, Santa Monica, CA 90405 since 01 April 2021 and is currently estimated at $2,870,195, approximately $771 per square foot. This property was built in 1955. 825 Ocean Park Blvd is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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