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Sold for $1,600,000
  • $1,600,000

    3040 Exposition Blvd, Santa Monica, CA 90404

    4beds
    4baths
    2,340sqft
    MultiFamily
    Built in 1959
    -- sqft lot
    $1,618,900 Zestimate®
    $684/sqft
    $5,089 Estimated rent

    Home value

    $1,618,900

    $1.47M - $1.78M

    $5,089/mo

    Zestimate® history
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    $5,089/mo

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    Rent Zestimate®

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    $10,047/mo

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    $10,047/mo

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    What's special

    Reduced!! Seller motivated.Well maintained, 2 Story 4 Unit apartment complex located in the heart of Santa Monica, one of the most desirable areas in all of Los Angeles. Separate meters, spacious apartments, consisting of a living area of approximately 2,340 square feet, all one bedroom one bath units, nestled on approximately a 5,006 square foot lot. The current monthly rental income is approximately $4,708 with an additional income of $350 per month for storage. The property has two 2 car garages in the rear of the property for parking. Subject property is south of Olympic Blvd., west of Centinela Avenue near Ishihara Park. Nice residential neighborhood mixed in with industrial/office , which may work for corporate housing. Perfect for investors or owner/user looking to own and live in the lovely city of Santa Monica.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Refrigerator
    • Laundry: Area
    Features
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 2,340 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 5,005 sqft
    • Features: Front Yard
    Details
    • Parcel number: 4268023008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1959

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Santa Monica

    Other

    Other facts
    • CommunityFeatures: Curbs, Sidewalks, Street Lighting
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard
    • CommonWalls: 2+ common walls
    • LaundryFeatures: Area
    • PreviousStandardStatus: Active Under Contract
    • LotFeatures: Front Yard
    • MLSAreaMajor: C14 - Santa Monica
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • LotSizeSource: Assessor
    • WaterSource: Public

    Price history

    DateEventPrice
    8/21/2023Sold$1,600,000-3%$684/sqft
    Source: Public Record Report a problem
    8/14/2023Pending sale$1,650,000$705/sqft
    Source: CLAW #23-275035 Report a problem
    7/10/2023Contingent$1,650,000$705/sqft
    Source: CLAW #23-275035 Report a problem
    6/1/2023Listed for sale$1,650,000+35.8%$705/sqft
    Source: CLAW #23-275035 Report a problem
    7/20/2018Sold$1,215,000-6.2%$519/sqft
    Source: Public Record Report a problem
    6/13/2018Pending sale$1,295,000$553/sqft
    Source: Keller Williams Encino-Sherman #SR18085067 Report a problem
    6/4/2018Listed for sale$1,295,000$553/sqft
    Source: Keller Williams Encino-Sherman #SR18085067 Report a problem
    5/25/2018Pending sale$1,295,000$553/sqft
    Source: Keller Williams Encino-Sherman #SR18085067 Report a problem
    5/15/2018Price change$1,295,000-4.1%$553/sqft
    Source: Keller Williams Encino-Sherman #SR18085067 Report a problem
    4/14/2018Listed for sale$1,350,000+6328.6%$577/sqft
    Source: Keller Williams Encino-Sherman #SR18085067 Report a problem
    4/13/2018Sold$21,000-98.6%$9/sqft
    Source: Public Record Report a problem
    2/5/2018Listed for sale$1,515,000+68.3%$647/sqft
    Source: Richard J. Ringer Inc. #18310352 Report a problem
    5/29/2017Listing removed$2,295$1/sqft
    Source: Zillow Rental Network Report a problem
    5/22/2017Listed for rent$2,295$1/sqft
    Source: Zillow Rental Network Report a problem
    9/2/2016Sold$900,000$385/sqft
    Source: GAVAR #16007653 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,772 +6.6%$1,632,000 +2%
    2024$19,480 +21%$1,600,000 +22.8%
    2023$16,092 +1.3%$1,302,723 +2%
    2022$15,885 +2.6%$1,277,180 +2%
    2021$15,480 +0.7%$1,252,138 +1%
    2020$15,373 $1,239,300 +2%
    2019$15,373 +37.2%$1,215,000 +32.4%
    2018$11,205 $918,000 +2%
    2017$11,205 +0.5%$900,000 +965.7%
    2016$11,149 +550.8%$84,452 +1.5%
    2015$1,713 +0.6%$83,184 +2%
    2014$1,704 $81,556 +2.5%
    2012-- $79,597 +2%
    2011-- $78,037 +0.8%
    2010-- $77,455 -0.2%
    2009-- $77,640 +2%
    2008-- $76,118 +2%
    2007-- $74,626 +2%
    2006-- $73,164
    2005-- $73,164 +4%
    2004-- $70,325 +1.9%
    2003-- $69,038 +2%
    2002-- $67,686 +4%
    2000-- $65,059

    Find assessor info on the county website

    Neighborhood: Pico District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,618,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,618,900