NOT LISTED FOR SALE
10 Beds
9 Baths
6,029 Sq Ft
6,623 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $2,900,000 $481 Per Sq Ft

51 Days on Market

About This Home

As of July 2018

5 unit building in the happening World Renowned Silicon Beach & Prime Santa Monica location! Prime pride of ownership building was built by the family & was occupied by the owner in Unit #1 with ample storage space, a classic fireplace with mid-century modern design. All units have private patios. Property has NEVER been offered for sale, 6029 square feet on a 6622 square foot lot built in 1965. Located in one the most desirable locations in the heart of Santa Monica, walking distance to happening shops, dining & nightlife on Montana Avenue & close to the 3rd Street Promenade and Santa Monica Pier. Individual meters for gas & electric. 2 car garage located in front of the property with 2 open spaces & 4 covered parking spaces in the rear of the property along with 4 storage spaces. Situated in a very high demand rental market with scarce inventory.

Last Listed By

Francyne Lambert

Lambert Investments, Inc. License #00827267 Listed on: 03/27/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,623 Sq Ft Lot

Interior Spaces

  • 6,029 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • Attached Carport
  • Driveway

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4277-027-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6029
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop - Electric, Cooktop - Gas
  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 496.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Carport, Carport Attached, Driveway - Concrete, Garage - 2 Car, Garage Is Attached
  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 263853
  • Assessed Land Value: 278420
  • Assessor Parcel Number: 4277-027-016
  • Geocode Override: No
  • Lot Size Area: 6623

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 20.18
  • Number Of Units: 5
  • Total Annual Expense: 18551.91
  • Type Of Units: flat
  • Vacancy Rate: 0%

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

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $2,900,000 -3.2% $481 / Sq Ft
03/27/2018 03/27/18 For Sale $2,995,000 -- $497 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-327924

The MLS