NOT LISTED FOR SALE

Estimated Value: $1,754,000 - $2,534,000

3 Beds
2 Baths
1,676 Sq Ft
$1,279/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2024

Last sale price $1,725,000 $1,029 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,885 / mo

30 Days on Market

Highlights

  • Art Studio
  • Gated Parking
  • Outdoor Fireplace
  • Will Rogers Elementary Rated A
  • City Lights View
  • 3-minute walk to Ozone Park

About This Home

As of January 2024

This bright and airy Santa Monica gem is not just a house; it's an artistic haven, a place where your creativity can flourish, your dreams can take shape, and your heart can find its true home near the beach. Step inside this charming 3-bedroom, 1.5-bath cottage, and admire the glow of gleaming wood floors, freshly painted walls, intricate shiplap details and original built-in cabinets that exude character and warmth. The vintage-style eat in kitchen with an adjacent laundry room and powder room offer both convenience and a touch of nostalgia. A cozy wood-burning outdoor fireplace and flagstone patio beckons you to sit and sip your favorite drink. The rear 2-car garage featuring a modern glass door hides a delightful secret on its second floor a light-filled, 400-square-foot artist studio, office, or home gym. With a convenient half bath, this space is primed for a potential ADU, making it ideal for guests or additional rental income. Ascend the staircase, and you'll reach the expansive rooftop deck, your personal sanctuary with a front-row seat to the magical 4th of July fireworks display.But what truly sets this haven apart is the touch of Ramona Otto, an artist whose unique vision adorns the exterior with one-of-a-kind art installations. Here, every nook and cranny tells a story, with treasures collected over three decades that ignite the imagination. Located less than 1 mile from world-famous Venice Beach and Santa Monica beaches offering endless opportunities for outdoor activities, eateries and entertainment. The neighborhood is surrounded by amenities, including a nearby Whole Foods, Gelson's, Marine Park, Penmar Public Golf Course, and the vibrant Abbot Kinney Boulevard with its premier restaurants and shops.

Last Agent to Sell the Property

Jodi Rubin

Sotheby's International Realty License #01402265 Listed on: 11/03/2023

Sotheby's International Realty

Last Buyer's Agent

Omid Shokoufandeh

SHK Realty License #01938930

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 4,560 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Property is zoned SMR1*

Property Views

  • City Lights
  • Trees

Home Design

  • Bungalow

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Art Studio
  • Alarm System

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway
  • Gated Parking

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Fireplace
  • Shed
  • Rear Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4285-036-009

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

4,560 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Exclusions: Vintage stove/oven
  • Living Area: 1676
  • Lot Acreage: 0.1047
  • Lot Dimensions: 50x90
  • Probate: No
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior
  • Flooring: Wood, Laminate, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dryer, Refrigerator, Washer, Built-Ins
  • Price Per S Q F T: 1118.74

Exterior Features

  • Other Structures: Other, Shed(s)
  • Patio: Balcony, Porch - Rear, Rock/Stone, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway, Gated
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4285-036-009
  • Lot Size Area: 4560

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jan 5, 2024
Sold by
Ramona Otto Revocable Trust and Otto Ramona
Bought by
Caloyeras Alexander and Middleton Katie
Seller's Agent
Jodi Rubin
Sotheby's International Realty
Buyer's Agent
Omid Shokoufandeh
SHK Realty
List Price
$1,875,000
Sold Price
$1,725,000
Premium/Discount to List
-$150,000
-8%
Views
50
Current Estimated Value
$2,142,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,806
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,380,000
Outstanding Balance
$1,347,405
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$795,401

Purchase Details

Closed on
Nov 16, 2021
Sold by
Otto Ramona R
Bought by
Ramona Otto Revocable Trust and Otto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caloyeras Alexander $1,725,000 Equity Title Company
Ramona Otto Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caloyeras Alexander $1,380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $1,725,000 -8.0% $1,029 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $1,875,000 -- $1,119 / 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 $7,222 $1,759,500 $1,619,352 $140,148
2024 $7,222 $554,733 $346,218 $208,515
2023 $7,103 $543,857 $339,430 $204,427
2022 $6,999 $533,194 $332,775 $200,419
2021 $6,801 $522,740 $326,250 $196,490
2019 $6,675 $507,237 $316,574 $190,663
2018 $6,230 $497,292 $310,367 $186,925
2016 $5,981 $477,983 $298,316 $179,667
2015 $5,899 $470,805 $293,836 $176,969
2014 $5,827 $461,584 $288,081 $173,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-326469

The MLS

APN: 4285-036-009

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