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Off market
  • $1,860,600

    508 Bay St, Santa Monica, CA 90405

    6beds
    4baths
    3,249sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $1,860,600 Zestimate®
    $573/sqft
    $4,796 Estimated rent

    Home value

    $1,860,600

    $1.56M - $2.18M

    $4,796/mo

    Zestimate® history
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    $4,796/mo

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    Rent Zestimate®

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    $11,864/mo

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    $11,864/mo

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    What's special

    4 unit value-add apartment building located in the heart of Santa Monica's Ocean Park neighborhood, long considered one of the most desirable and sought-after in all of Southern California. Property has a Walk Score of 94 and is located just 5 blocks from the beach and 3 blocks to bars, restaurants, cafes and retail of Santa Monica's hip Main Street. Other area attractions include the Santa Monica Pier, Third Street Promenade, Venice Beach Boardwalk and Abbot Kinney. Held by the same family for several generations. The property is made up of two (2) structures: a one-bedroom / one-bathroom detached front house and three (3) two-bedroom/one-bathroom apartment units located in the rear of the property. Units feature washer/dryer hookups. One of the two-bedroom/one-bathroom units will be delivered vacant thirty (30) days from the close of escrow. The total building square footage of the property is 3,249 square feet which sits on a 5,918 square foot lot that is SMOP2* zoned.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Cooling
    • None
    Interior area
    • Total interior livable area: 3,249 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 5,919 sqft
    Details
    • Parcel number: 4289009030

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1911

    Community & neighborhood

    Location
    • Region: Santa Monica

    Other

    Other facts
    • County: Los Angeles
    • Heating: Wall
    • PropertyType: Residential Income
    • SourceLotSizeArea: Assessor
    • SourceLivingArea: Assessor
    • ListingArea: Santa Monica
    • ParkingGarage: On street, Covered Parking
    • Flooring: Mixed
    • Style: Bungalow
    • Country: US
    • ListingStatus: Active Under Contract
    • UnitTypeType: 2106, 2107

    Price history

    DateEventPrice
    1/20/2021Listing removed--
    Source: CLAW Report a problem
    1/6/2021Contingent$2,599,900$800/sqft
    Source: CLAW #20627802 Report a problem
    10/28/2020Pending sale$2,599,900$800/sqft
    Source: Coldwell Banker Realty #20627802 Report a problem
    9/3/2020Listed for sale$2,599,900$800/sqft
    Source: Coldwell Banker Realty #20627802 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,704 +6.6%$783,692 +2%
    2024$10,040 +1.6%$768,326 +2%
    2023$9,879 +1.4%$753,262 +2%
    2022$9,742 +2.9%$738,493 +2%
    2021$9,471 +0.7%$724,014 +1%
    2020$9,404 $716,591 +2%
    2019$9,404 +8%$702,541 +2%
    2018$8,710 $688,766 +2%
    2017$8,710 +0.6%$675,262 +2%
    2016$8,662 +3.6%$662,023 +1.5%
    2015$8,359 +2.4%$652,080 +2%
    2014$8,164 $639,307 +4.5%
    2011-- $611,708 +0.8%
    2010-- $607,137 -0.2%
    2009-- $608,580 +2%
    2008-- $596,648 +4%
    2006-- $573,481
    2005-- $573,481 +4%
    2004-- $551,213 +1.9%
    2003-- $541,111 +198.6%
    2002-- $181,188 +4%
    2000-- $174,153

    Find assessor info on the county website

    Neighborhood: Ocean Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,860,600
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    Estimated market value
    $1,860,600