NOT LISTED FOR SALE

Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $1,724,000 - $2,265,000

0.13 Acre
$15,408,618 Price per Acre
5,865 Sq Ft Lot

Last Sold July 15, 2024

Last sale price $2,085,003

Est. 1% decrease in value since last sale

Current estimated payment $11,354/month

1,091 Days on Market

About This Lot

As of July 2024

Highly desirable Santa Monica lot ... builder's delight for development. .........part of 2 parcel sale (619 / 621 Pacific) for development opportunity - sold together. Seller is doing a 1031 exchange at COE and Buyer to cooperate at no expense to the Buyer. Reduced priced to move and submit all offers.

Last Agent to Sell the Property

John Isaac

Cargile & Company License #00931978 Listed on: 05/11/2021

Co-Listed By

Paul Cargile

Cargile & Company License #00840733

Last Buyer's Agent

Paresh Lal

Integrity Realtors Inc. License #01239876

Property Details

Property Type

  • Land

Lot Details

  • 5,865 Sq Ft Lot
  • Property is zoned SMOP2*

Location

  • City Lot

Utilities

  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4289-005-013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • Lot Acreage: 0.1346
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fenced: Link
  • Public Street: Yes
  • Road Frontage: Pacific Street
  • Street Description: Asphalt
  • View: No

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Sewer: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4289-005-013
  • Current Geological: No
  • Land Value: 3500000.00
  • Lot Location: City
  • Lot Size Area: 5865
  • Site Decription: City
  • Tract Lot: Final

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 8, 2024
Sold by
Adam R Foster Revocable Trust and Foster Adam R
Bought by
Gulnar Llc
Seller's Agent
John Isaac
Cargile & Company
Buyer's Agent
Paresh Lal
Integrity Realtors Inc.
List Price
$2,700,000
Sold Price
$2,085,003
Premium/Discount to List
-$614,997
-22.78%
Views
109
Current Estimated Value
$2,074,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,003
Avg. Annual Appreciation
-0.36%

Purchase Details

Listed on
May 11, 2021
Closed on
May 17, 2024
Sold by
Adam R Foster Revocable Trust and Foster Adam R
Bought by
Gulnar Llc
Seller's Agent
John Isaac
Cargile & Company
Buyer's Agent
Paresh Lal
Integrity Realtors Inc.
List Price
$2,700,000
Sold Price
$2,085,003
Premium/Discount to List
-$614,997
-22.78%
Views
109

Purchase Details

Closed on
Dec 1, 2016
Sold by
Foster Adam Rockwood
Bought by
Foster Adam R and Adam R Foster Revocable Trust

Purchase Details

Closed on
Apr 26, 1999
Sold by
Webb Fay
Bought by
Foster Adam Rockwood

Purchase Details

Closed on
Dec 16, 1998
Sold by
Pearson Gilbert Revocable Trust
Bought by
Webb Fay

Purchase Details

Closed on
Aug 23, 1995
Sold by
Pearson Gilbert G
Bought by
Pearson Gilbert G and The Gilbert G Pearson Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gulnar Llc $4,170,500 Stewart Title Of California In
Gulnar Llc $4,170,500 Stewart Title Of California In
Foster Adam R -- None Available
Foster Adam Rockwood $300,000 Provident Title
Webb Fay -- --
Pearson Gilbert G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $2,085,003 -7.3% --
05/06/2024 05/06/24 Pending -- -- --
09/19/2023 09/19/23 Price Changed $2,250,000 -6.3% --
05/19/2023 05/19/23 Price Changed $2,400,000 -4.0% --
04/06/2023 04/06/23 Price Changed $2,500,000 -7.4% --
11/20/2022 11/20/22 For Sale $2,700,000 +29.5% --
11/17/2022 11/17/22 Off Market $2,085,003 -- --
08/16/2022 08/16/22 Price Changed $2,700,000 -6.9% --
06/21/2022 06/21/22 Price Changed $2,900,000 -6.5% --
05/20/2022 05/20/22 Price Changed $3,100,000 0.0% --
05/20/2022 05/20/22 For Sale $3,100,000 +48.7% --
05/19/2022 05/19/22 Off Market $2,085,003 -- --
11/19/2021 11/19/21 For Sale $3,500,000 +67.9% --
11/11/2021 11/11/21 Off Market $2,085,003 -- --
05/11/2021 05/11/21 For Sale $3,500,000 -- --
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 $5,844 $1,792,000 $1,792,000 --
2024 $5,844 $461,083 $461,083 --
2023 $5,746 $452,043 $452,043 $0
2022 $5,662 $443,180 $443,180 $0
2021 $5,508 $434,491 $434,491 $0
2019 $5,407 $421,604 $421,604 $0
2018 $5,105 $413,338 $413,338 $0
2016 $4,919 $397,289 $397,289 $0
2015 $4,853 $391,322 $391,322 $0
2014 $4,786 $383,657 $383,657 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Isaac

    Cargile & Company

    (310) 215-0788

    2 in this area

    2 Total Sales

    John Isaac
    Section Image
  • Paul Cargile

    Seller Co-Listing Agent in 2024

    Paul Cargile

    Cargile & Company

    (310) 592-7888

    2 in this area

    4 Total Sales

    Paul Cargile
    Section Image
  • Paresh Lal

    Buyer's Agent in 2024

    Paresh Lal

    Integrity Realtors Inc.

    (818) 634-3637

    3 in this area

    26 Total Sales

    Paresh Lal
    Section Image
See All Agents

Source: The MLS

MLS Number: 21-730344

The MLS

APN: 4289-005-013

California Los Angeles County Santa Monica 90405

Ocean Park

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes