NOT LISTED FOR SALE

Estimated Value: $3,905,000 - $3,943,065

4 Beds
2.5 Baths
2,444 Sq Ft
$1,607/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $2,795,000 $1,144 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $24,254/month

33 Days on Market

About This Home

As of April 2018

MUST SEE. First time on the market in over 80 years, this is an opportunity for a unique property you don't want to miss. Exuding charm, architectural detailing and curb appeal this duplex captures the character of classic Santa Monica living. Each unit showcases 2 spacious bedrooms and 1.5 bathrooms and private patios. This property has been well maintained and features newer roof, floors and plumbing as well as onsite 4 car parking. Situated in one of the most desirable neighborhoods in Santa Monica, only 1/2 block from Montana Avenue, you are moments from local coffee shops, boutiques and cafes. Make this special property your own - live in one unit, rent them both or combine them to create one home. This property is unlike any others on the market.

Last Agent to Sell the Property

Steve Sawaii

Compass License #00607215 Listed on: 01/18/2018

Compass

Last Buyer's Agent

Steve Sawaii

Compass License #00607215 Listed on: 01/18/2018

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,153

Year Built

  • Built in 1931

Lot Details

  • 4,994

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 4,994 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4281-015-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,153

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2444
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1225.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 12645
  • Assessed Land Value: 99690
  • Assessor Parcel Number: 4281-015-023
  • Geocode Override: No
  • Lot Size Area: 4994

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Townhome
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2019
Sold by
Zelza
Bought by
Scec >Ac
Current Estimated Value
$3,928,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.45%

Purchase Details

Closed on
Oct 16, 2018
Sold by
Zelzah Properties Inc
Bought by
Zp 851 Euclid Inc

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 20, 2018
Sold by
Skorge Norman
Bought by
Zelzah Properties Inc
Seller's Agent
Steve Sawaii
Compass
Buyer's Agent
Steve Sawaii
Compass
List Price
$2,995,000
Sold Price
$2,795,000
Premium/Discount to List
-$200,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
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
Scec >Ac -- --
Zp 851 Euclid Inc -- First American Title Company
Zelzah Properties Inc $2,795,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scec >Ac --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $2,795,000 -6.7% $1,144 / Sq Ft
01/18/2018 01/18/18 For Sale $2,995,000 -- $1,225 / 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 $36,153 $3,117,870 $2,186,415 $931,455
2024 $36,153 $3,056,737 $2,143,545 $913,192
2023 $35,577 $2,996,802 $2,101,515 $895,287
2022 $35,149 $2,938,042 $2,060,309 $877,733
2021 $34,306 $2,880,434 $2,019,911 $860,523
2019 $34,399 $2,850,900 $1,999,200 $851,700
2018 $1,993 $114,580 $101,683 $12,897
2016 $1,883 $110,134 $97,736 $12,398
2015 $1,856 $108,480 $96,268 $12,212
2014 $1,854 $106,356 $94,383 $11,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-304834

The MLS

APN: 4281-015-023