NOT LISTED FOR SALE

Estimated Value: $4,010,742 - $5,618,000

3 Beds
3.5 Baths
2,735 Sq Ft
$1,753/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $4,675,000 $1,709 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $27,001/month

10 Days on Market

Highlights

  • Ocean View
  • 0.4 Acre Lot
  • Room in yard for a pool
  • Franklin Elementary School Rated A+
  • Midcentury Modern Architecture
  • Hilltop Location

About This Home

As of April 2024

A rare opportunity to own a meticulously maintained, mid century modern home at the top of coveted Franklin Hill, high above Santa Monica. This updated, single level home sits on an expansive 17,257sf lot, the second largest on the street, and features uninterrupted indoor and outdoor views of the SM mountain range, the Getty, downtown and twinkling city lights. The back of the house opens to an entertainer's yard and patio that slopes gently to an additional, easily accessible lawn with fruit trees. The light filled interior includes a welcoming foyer, eat-in kitchen, open living and family room with bar, raised beamed ceilings, and 2 sided fireplace. There are 3 generous bedrooms each with an ensuite bath. The spacious primary bedroom features built-ins, walls of glass, walk in closet and luxurious bath with jetted tub. Many upgrades include premium appliances, newer plumbing, tankless water heater, new sprinklers, bbq, security system, tons of attic storage and a generous 2 car garage with direct entrance. Glimpses of ocean from first floor hint at even greater view potential with the addition of a second story. Move in and enjoy as is, expand or build new. Unlimited possibilities.

Last Agent to Sell the Property

Jane Gavens

Compass License #01468938 Listed on: 02/07/2024

Compass

Co-Listed By

Thomas Serra

Compass License #02147564

Last Buyer's Agent

Amir Ahobim

Clear Cut Realty License #02021835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 75x230
  • Hilltop Location
  • Property is zoned SMR1*

Parking

  • 2 Car Direct Access Garage
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,735 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-003-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Exclusions: Butcher block island, garage refrigerator
  • Living Area: 2735
  • Lot Acreage: 0.3962
  • Lot Dimensions: 75x230
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1606.95

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Direct Entrance, Garage Is Attached, Garage - 2 Car, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-003-022
  • Lot Location: Hilltop
  • Lot Size Area: 17257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 27, 2024
Sold by
Kohan Lynn
Bought by
Kohan Joseph Navid
Seller's Agent
Jane Gavens
Compass
Buyer's Agent
Amir Ahobim
Clear Cut Realty
List Price
$4,395,000
Sold Price
$4,675,000
Premium/Discount to List
$280,000
6.37%
Views
68
Current Estimated Value
$4,878,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,802
Avg. Annual Appreciation
1.86%
Original Mortgage
$3,000,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 22, 2024
Sold by
Daniel And Mildred Disipio Living Surviv and Disipio Catherine Ricchini
Bought by
Kohan Joseph Navid
Seller's Agent
Jane Gavens
Compass
Buyer's Agent
Amir Ahobim
Clear Cut Realty
List Price
$4,395,000
Sold Price
$4,675,000
Premium/Discount to List
$280,000
6.37%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2013
Sold by
Disipio Daniel J and Disipio Daniel
Bought by
Disipio Daniel J and Disipio Catherine Ricchini
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
Kohan Joseph Navid -- Consumers Title Company
Kohan Joseph Navid $4,675,000 Consumers Title Company
Disipio Daniel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohan Joseph Navid $2,980,000
Closed Kohan Joseph Navid $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $4,675,000 +6.4% $1,709 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $4,395,000 -- $1,607 / 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 $5,001 $4,768,500 $4,590,000 $178,500
2024 $5,001 $347,027 $225,432 $121,595
2023 $4,920 $340,223 $221,012 $119,211
2022 $4,842 $333,553 $216,679 $116,874
2021 $4,689 $327,014 $212,431 $114,583
2019 $4,179 $317,317 $206,131 $111,186
2018 $3,820 $311,096 $202,090 $109,006
2016 $3,652 $299,018 $194,244 $104,774
2015 $3,982 $294,528 $191,327 $103,201
2014 $3,572 $288,760 $187,580 $101,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-355937

The MLS

APN: 4266-003-022