NOT LISTED FOR SALE
8 Beds
6 Baths
6,318 Sq Ft
7,478 Sq Ft Lot

Sale Details

Date Sold: February 14, 2022

Last sale price $3,020,000 $478 Per Sq Ft

2 Days on Market

About This Home

As of February 2022

Prime Location just south of Montana Avenue & North Of Wilshire Blvd in Santa Monica CA. Opportunity to add value to a premiere location building that has been in the same family for decades. 4 - 1 Bedroom 1 Baths & 2 - 2 Bedroom 1 bath units. One of the most high demand & desirable rental areas in California & the United States. Santa Monica is known for our beautiful beaches shops restaurants & evolving employment hubs & home to the Santa Monica Pier. Located in Santa Monica Malibu School District & close to Santa Monica College Close to the neighboring communities of Prime West LA, Brentwood, Westwood, Pacific Palisades, Venice Beach, Marina Del Rey, Playa Del Rey & Playa Vista. For more information & photos please see offering memorandum. Inside with Accepted Offer, DO NOT Disturb Tenants.

Last Agent to Sell the Property

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 01/14/2022

Last Buyer's Agent

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 01/14/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,478 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 6,318 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4281-002-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,478 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6318
  • Lot Acreage: 0.1717
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 474.04

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 47.50
  • Assessed Improvement Value: 124775
  • Assessed Land Percent: 52.5
  • Assessed Land Value: 137921
  • Total Assessed Value: 262696
  • Assessor Parcel Number: 4281-002-006
  • Lot Size Area: 7478

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 18.10
  • Number Of Units: 6
  • Type Of Units: Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 20, 2022
Sold by
Bought by
Seller's Agent
Francyne Lambert
Lambert Investments, Inc.
Buyer's Agent
Francyne Lambert
Lambert Investments, Inc.
List Price
$2,995,000
Sold Price
$3,020,000
Premium/Discount to List
$25,000
0.83%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 1994
Sold by
Bought by
Source: Public Records
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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
$3,020,000 Old Republic Title
-- --
$315,000 Investors Title Company
-- --
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/14/2022 02/14/22 Sold $3,020,000 +0.8% $478 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,995,000 -- $474 / Sq Ft
Source: The MLS

Tax 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.

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 $40,623 $3,204,847 $2,244,454 $960,393
2024 $38,132 $3,142,008 $2,200,446 $941,562
2023 $37,534 $3,080,400 $2,157,300 $923,100
2022 $4,989 $267,949 $140,679 $127,270
2021 $4,815 $262,696 $137,921 $124,775
2019 $4,728 $254,906 $133,831 $121,075
2018 $4,380 $249,908 $131,207 $118,701
2016 $4,105 $240,206 $126,113 $114,093
2015 $4,054 $236,599 $124,219 $112,380
2014 $4,059 $231,965 $121,786 $110,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-118673

The MLS
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