$1,599,000 Price Analysis   ♡   Santa Monica, CA 90404 2 bed 1 bath 1,010 SqFt ($1583/SqFt) 6,219SqFt lot. Built 1941 Listed 2024-04-24, Taxes $19,417 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
Charming home on a large corner lot in prime Santa Monica!
This charmi ng single family home offers a thoughtfully designed floor plan, featuring a big living room bathed in natural light, a formal dining room that sets the stage for memorable gatherings and a generous kitchen with stainless steel appliances, ensuring both functionality and comfort. Escape to the enchanting private backyard oasis that provides the perfect backdrop for alfresco dining, leisurely afternoons and year-round California living at its finest. Located moments away from LA's vibrant dining, shopping, Farmers Markets and grocery stores like Erewhon, Whole Foods, Trader Joes and Bristol Farms, every convenience is at your fingertips. Plus, families will appreciate the proximity to Santa Monica's top-rated schools, ensuring a quality education for young learners.
Plus, explore the added opportunity of converting the garage into an Accessory Dwelling Unit (ADU), providing additional living space or rental income. Huge Development/Investment Potential: Build up to a 13-unit apartment/condo building on the site with the application of the State Density Bonus Law and State Multifamily ADU Law. Because this property qualifies for the State Density Bonus Law, a developer could build up to 4 stories (instead of 2) and get significantly reduced setbacks on all sides. Because the property is on a corner with an alley, any development would be open on 3 sides - allowing for exceptional sunlight and unobstructed views. Because the development would be replacing a single family hme that is not subject to rent control, the new development would also be exempt from both city and state rent control - a huge and rare advantage in a jurisdiction like Santa Monica. This property has the potential to be a true trophy asset and cash cow in one of the strongest rental markets in the nation.
Presented by Daniel Galdjie at
Cyrus Pacific Realty, Inc.
Property MLS #24-381807 from TheMLSCLAW
Full Bathrooms: 1
Laundry Features: In Unit, Inside, Laundry Area
Flooring: Hardwood
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6219
Parking Total: 2
Other Equipment: Dishwasher, Range/Oven, Washer, Microwave, Dryer, Freezer
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: North of Santa Monica Blvd, West of Bundy Dr
Source Property Type: Residential
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4267-010-031
Postal Code Plus 4: 2412
Zoning: SMR2
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $484,366 + $1,113,011 $1,597,377 | $19,417 |
| 2021 | $474,869 + $1,091,188 $1,566,057 | $18,941 |
| 2020 | $311,100 + $1,244,400 $1,555,500 | $18,876 |
| 2019 | $305,000 + $1,220,000 $1,525,000 | $18,685 |
| 2018 | $10,311 + $81,428 $91,739 | $1,612 |
| 2017 | $10,109 + $79,832 $89,941 | $1,589 |
| 2016 | $9,911 + $78,267 $88,178 | $1,530 |
| 2015 | $9,763 + $77,092 $86,855 | $1,505 |
| 2014 | $9,572 + $75,582 $85,154 | $1,503 |
| 2013 | $9,529 + $75,241 $84,770 | $1,489 |
| 2012 | $9,343 + $73,766 $83,109 | $1,456 |
| 2010 | $9,160 + $72,320 $81,480 | $1,417 |
| 2009 | $9,114 + $71,951 $81,065 | $1,384 |
| 2009 | $9,092 + $71,780 $80,872 | $1,384 |
| 2008 | $8,936 + $70,541 $79,477 | $1,363 |
| 2007 | $8,761 + $69,158 $77,919 | $1,342 |
$1,599,000
TheMLSCLAW
Listed 2024-04-24
$1,950,000
TheMLSCLAW
Listing removed 2018-12-31
$1,695,000
TheMLSCLAW
Sold 2018-12-28
$1,525,000
TheMLSCLAW
Price Changed 2018-08-01
$1,695,000
TheMLSCLAW
Price Changed 2018-06-27
$1,750,000
TheMLSCLAW
Price Changed 2018-06-08
$1,795,000
TheMLSCLAW
Listed 2018-05-24
$1,995,000
TheMLSCLAW
Listing removed 2011-08-03
$1,000,000
TheMLSCLAW
Listing removed 2011-08-01
$3,000
TheMLSCLAW
Listed for rent 2011-07-07
$3,000
TheMLSCLAW
Price Changed 2011-06-28
$1,000,000
TheMLSCLAW
Listing removed 2011-06-02
$2,800
TheMLSCLAW
Listed 2011-06-01
$1,099,000
TheMLSCLAW
Listing removed 2010-10-30
$1,100,000
TheMLSCLAW
Listing removed 2010-06-03
$2,800
TheMLSCLAW
Listed for rent 2010-04-26
$2,800
TheMLSCLAW
Listed for rent 2010-04-26
$2,800
TheMLSCLAW
Listed 2010-04-26
$1,100,000
TheMLSCLAW
Listing removed 2009-06-21
$2,800
TheMLSCLAW
Listing removed 2009-05-29
$2,800
TheMLSCLAW
Listing removed 2009-04-23
$1,100,000
TheMLSCLAW
Price Changed for rent 2009-04-16
$2,850
TheMLSCLAW
Listed for rent 2009-04-04
$3,000
TheMLSCLAW
Listed for rent 2009-03-16
$2,800
TheMLSCLAW
Listing removed 2009-02-22
$1,199,000
TheMLSCLAW
Price Changed 2009-02-13
$1,199,000
TheMLSCLAW
Price Changed 2008-09-04
$1,495,000
TheMLSCLAW
Listed 2008-06-13
$1,199,000
TheMLSCLAW
Sold 1989-06-01
$450,000
Public Record
Year Built: 1941
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 83
Structure Type: Detached
House Style: Contemporary
Year Built Source: Vendor Enhanced
Architectural Style: Contemporary
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.