NOT LISTED FOR SALE

Estimated Value: $2,288,000 - $3,896,444

7 Beds
5 Baths
4,072 Sq Ft
$710/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2024

Last sale price $2,450,000 $602 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $18,274 / mo

28 Days on Market

Highlights

  • Central Heating and Cooling System
  • John Muir Elementary School Rated A
  • Garage

About This Home

As of February 2024

Fantastic development opportunity in the heart of Santa Monica. Currently 3 units on the property. Front house is 3 bedroom 2 bath and there is a duplex like structure in the rear with a 2 bedroom with a den and 2 bathroom unit and a 2 bedroom and 1 bathroom unit on top. City states that up to 7 units can be built on the site with two of them being low income (or 6 units with one being low income). Property is currently owner occupied and will be delivered vacant.

Last Agent to Sell the Property

Daniel Lowe

Compass License #01893579 Listed on: 11/15/2023

Compass

Last Buyer's Agent

Melanie Sommers

Compass License #01303647

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,116 Sq Ft Lot

Interior Spaces

  • 4,072 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Floor Furnace

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4284-003-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,116 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4072
  • Lot Acreage: 0.1633
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 613.70

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central, Floor

Lot Info

  • Assessed Improvement Percent: 37.79
  • Assessed Improvement Value: 410407
  • Assessed Land Percent: 62.21
  • Assessed Land Value: 675550
  • Total Assessed Value: 1085957
  • Assessor Parcel Number: 4284-003-011
  • Lot Size Area: 7116

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex, SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 25, 2024
Sold by
Silva Geri
Bought by
Granadospuvvula Family Trust and Granados
Seller's Agent
Daniel Lowe
Compass
Buyer's Agent
Melanie Sommers
Compass
List Price
$2,499,000
Sold Price
$2,450,000
Premium/Discount to List
-$49,000
-1.96%
Views
23
Current Estimated Value
$2,900,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,061
Avg. Annual Appreciation
7.59%
Original Mortgage
$1,960,000
Outstanding Balance
$1,927,078
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$965,283

Purchase Details

Closed on
Oct 17, 2014
Sold by
Ghizgillies Marguerite and Silva Geraldine Franklin
Bought by
Silva Geri and Ghiz Gillies Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 9, 2011
Sold by
Ghizgillies Marguerite and Silva Geraldine Franklin
Bought by
Ghizgillies Marguerite and Silva Geraldine Franklin

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
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Franklin Fanny
Bought by
Ghiz Marguerite Louise and Silva Geraldine Franklin

Purchase Details

Closed on
Feb 13, 2009
Sold by
Gillies Ian
Bought by
Ghiz Marguerite Louise and Silva Geraldine Franklin

Purchase Details

Closed on
Feb 9, 2009
Sold by
Ghiz Marguerite Louise and Margaret Ayoob Ghiz Living Tru
Bought by
Ghiz Marguerite Louise and Silva Geraldine Franklin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Granadospuvvula Family Trust $2,450,000 Wfg National Title
Silva Geri -- Fidelity National Title Co
Ghizgillies Marguerite -- None Available
Ghiz Marguerite Louise -- None Available
Ghiz Marguerite Louise -- None Available
Ghiz Marguerite Louise -- None Available
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
Open Granadospuvvula Family Trust $1,960,000
Previous Owner Silva Geri $938,250
Previous Owner Ghizgillies Marguerite $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $2,450,000 -2.0% $602 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $2,499,000 -- $614 / Sq Ft
Source: The MLS

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 $30,590 $2,499,000 $2,142,000 $357,000
2024 $8,627 $670,231 $361,183 $309,048
2023 $7,994 $657,090 $354,101 $302,989
2022 $7,903 $1,085,957 $675,550 $410,407
2021 $7,779 $631,576 $340,351 $291,225
2020 $7,725 $625,101 $336,862 $288,239
2019 $7,656 $612,845 $330,257 $282,588
2018 $7,120 $600,830 $323,782 $277,048
2016 $7,211 $577,501 $311,210 $266,291
2015 $6,741 $568,828 $306,536 $262,292
2014 $6,658 $557,687 $300,532 $257,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-331801

The MLS

APN: 4284-003-011

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