NOT LISTED FOR SALE

Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $832,000 - $3,527,000

4 Beds
4 Baths
2,476 Sq Ft
$731/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $1,700,000 $687 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $14,313/month

21 Days on Market

Highlights

  • 4 Car Detached Garage
  • John Muir Elementary School Rated A
  • Laundry Room

About This Home

As of August 2015

1 (2034)of 3 (2028,2102 on 5th street) parcels to be Sold and Close, all at same time. Buyer to participate in 1031 exchange. "Properties are in Santa Monica and subject to rent control, buyer to check with rent control for status, buyer to do due diligence with City of Santa Monica Building & Safety for what can be permitted or constructed, and Seller makes no warranties or guarantees." No leases with any tenant or security deposits. 3 adjacent parcels sold as assemblage for a greater structure?? One unit is vacant and will be delivered vacant at COE. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

John Isaac

Cargile & Company License #00931978 Listed on: 04/20/2015

Last Buyer's Agent

Stacey Valnes

Create License #00989680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,095

Year Built

  • Built in 1950

Lot Details

  • 5,663

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Detached Garage
  • Driveway
  • Uncovered Parking

Additional Features

  • 5,663 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4289-010-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,095

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2476
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 726.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Driveway, Uncovered
  • Total Parking: 4

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 207039
  • Assessed Land Value: 138021
  • Assessor Parcel Number: 4289-010-005
  • Geocode Override: No
  • Lot Size Area: 5663

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 5
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Stoddard Sadie Ariel
Bought by
Roberts Scott and Roberts Joyce
Current Estimated Value
$2,217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,500
Outstanding Balance
$367,023
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,442,977

Purchase Details

Closed on
Mar 24, 2023
Sold by
Hendricks Tina N
Bought by
Morrison Robert M and Morrison Annabel Cherry

Purchase Details

Closed on
Jul 24, 2020
Sold by
Hendricks Matthew W
Bought by
Hendricks Tina N

Purchase Details

Closed on
May 5, 2020
Sold by
2034 Sth Lp
Bought by
Hendricks Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2020
Sold by
2034 5Th Lp
Bought by
Stoddard Sadie Arie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2020
Sold by
2034 5Th Lp
Bought by
Herrin Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2015
Sold by
Foster Adam R
Bought by
2034 5Th Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,445,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage
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
Roberts Scott $751,000 Fidelity National Title
Morrison Robert M $745,000 Equity Title Company
Hendricks Tina N -- Chicago Title
Hendricks Tina $635,000 Chicago Title
Stoddard Sadie Arie $663,000 Chicago Title
Herrin Anna $1,300,000 Chicago Title
Amitin Boris $680,000 Chicago Title
2034 5Th Lp $1,700,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Brandon $375,500
Previous Owner Hendricks Tina $508,000
Previous Owner Stoddard Sadie Arie $530,400
Previous Owner Herrin Anna $1,106,273
Previous Owner 2034 5Th Lp $1,962,484
Previous Owner 2034 5Th Lp $1,518,000
Previous Owner 2034 5Th Lp $1,315,000
Previous Owner 2034 5Th Lp $1,445,000
Previous Owner Foster Adam R $121,900
Previous Owner Godwin Martin Bay $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $1,700,000 -5.6% $687 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $1,800,000 -- $727 / 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 $26,095 $2,222,263 $1,753,753 $468,510
2024 $26,095 $2,178,690 $1,719,366 $459,324
2023 $27,488 $2,285,691 $1,782,420 $503,271
2022 $27,149 $2,240,874 $1,747,471 $493,403
2021 $26,484 $2,196,936 $1,713,207 $483,729
2020 $22,405 $1,840,333 $1,288,093 $552,240
2019 $22,179 $1,804,253 $1,262,837 $541,416
2018 $20,871 $1,768,880 $1,238,076 $530,804
2016 $20,112 $1,700,000 $1,190,000 $510,000
2015 $4,789 $351,953 $140,778 $211,175
2014 $4,758 $345,060 $138,021 $207,039
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Isaac

    Cargile & Company

    (310) 215-0788

    2 in this area

    2 Total Sales

    Section Image
  • Stacey Valnes

    Buyer's Agent in 2015

    Stacey Valnes

    Create

    (310) 455-0096

    12 in this area

    78 Total Sales

    Section Image
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Source: The MLS

MLS Number: 15-898829

The MLS

APN: 4289-010-005

California Los Angeles County Santa Monica 90405

Ocean Park

This home since 20 April 2015 and is currently estimated at $1,810,000, approximately $731 per square foot. This property was built in 1950. This home is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

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