NOT LISTED FOR SALE

Estimated Value: $882,249 - $1,225,000

2 Beds
2 Baths
833 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $860,000 $1,032 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,619/month

14 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Contemporary Architecture
  • Built-In Features

About This Home

As of May 2021

Once in a lifetime opportunity to own a remodeled condo only 5 blocks to the beach with no shared walls, on the top floor and the only unit on the top floor, with laundry inside and views for under a million dollars. From the main living areas you can see palm trees, snow capped mountains and a sliver of ocean. Watch the sunrise from your living area and sunset from the bedroom. Everything inside has been updated - kitchen, bathrooms, lighting and floors. This unit has a balcony on one side and a private deck on the other. Live around the corner from Palisades Bluffs, Third Street Promenade and Montana Avenue. Parking for one car and storage included.

Last Agent to Sell the Property

Staci Siegel

Engel & Völkers License #01711008 Listed on: 04/06/2021

Engel & Völkers

Last Buyer's Agent

Michel Bron

Beverly and Company, Inc. License #01315435

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,156

Year Built

  • Built in 1960

Lot Details

  • 7,508 Sq Ft Lot
  • Gated Home
  • Property is zoned SMR2*

HOA Fees

  • $367 Monthly HOA Fees

Property Views

  • City Lights
  • Trees
  • Peek-A-Boo
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 833 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4292-010-092

Community Details

Overview

  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,156

Year Built

Built in 1960

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 937 5th Street
  • Entry Floor: 3
  • Living Area: 833
  • Lot Acreage: 0.1724
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1960
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 959.18

Exterior Features

  • Pool: No
  • View: City Lights, Peek-A-Boo, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Heating: Wall
  • Security: Exterior Security Lights, Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Extra Storage, Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 367.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4292-010-092
  • Lot Size Area: 7508

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 28, 2021
Sold by
Hassine Avner and Hassine Miriam
Bought by
Person Keith and Winston Antionette M
Seller's Agent
Staci Siegel
Engel & Völkers
Buyer's Agent
Michel Bron
Beverly and Company, Inc.
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Current Estimated Value
$998,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,812
Avg. Annual Appreciation
3.36%
Original Mortgage
$560,000
Outstanding Balance
$508,577
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$483,285

Purchase Details

Listed on
Feb 20, 2013
Closed on
Feb 28, 2013
Sold by
Matthews Gary E and Matthews Andrea L
Bought by
Hassine Avner and Hassine Miriam
Seller's Agent
Brian Maser
The Condo Experts
Buyer's Agent
Staci Siegel
Engel & Völkers
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$417,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
Le Cindy
Bought by
Matthews Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Lippiner Joshua L and Elliott Timothy David
Bought by
Le Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,440
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2002
Sold by
Altshuler Michael and Altshuler Yelena
Bought by
Lippiner Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.3%
Source: Public Records

Range of Values:

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Average Value
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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
Person Keith $860,000 Fidelity National Title Co
Hassine Avner $630,006 Fidelity Van Nuys
Matthews Gary E $509,000 Chicago Title Company
Le Cindy $637,000 Chicago Title Co
Lippiner Joshua L $345,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Person Keith $560,000
Previous Owner Hassine Avner $417,000
Previous Owner Matthews Gary E $118,457
Previous Owner Matthews Gary E $120,000
Previous Owner Le Cindy $516,000
Previous Owner Le Cindy $59,000
Previous Owner Le Cindy $509,440
Previous Owner Lippiner Joshua L $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $860,000 +7.6% $1,032 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $799,000 0.0% $959 / Sq Ft
03/15/2019 03/15/19 Rented $3,400 -2.6% --
02/04/2019 02/04/19 Price Changed $3,490 -5.4% $4 / Sq Ft
01/07/2019 01/07/19 Price Changed $3,690 -5.1% $4 / Sq Ft
12/07/2018 12/07/18 For Rent $3,890 0.0% --
03/29/2013 03/29/13 Sold $630,000 +5.2% $756 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $599,000 -- $719 / 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 $11,156 $930,888 $744,712 $186,176
2024 $11,156 $912,636 $730,110 $182,526
2023 $10,974 $894,743 $715,795 $178,948
2022 $10,830 $877,200 $701,760 $175,440
2021 $8,887 $716,713 $568,822 $147,891
2020 $8,826 $709,365 $562,990 $146,375
2019 $8,732 $695,456 $551,951 $143,505
2018 $8,224 $681,821 $541,129 $140,692
2016 $7,920 $655,347 $520,117 $135,230
2015 $7,815 $645,504 $512,305 $133,199
2014 $7,711 $632,860 $502,270 $130,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-714632

The MLS

APN: 4292-010-092