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Off market
  • $2,543,700

    514 Ocean Park Blvd, Santa Monica, CA 90405

    5beds
    5baths
    2,010sqft
    MultiFamily
    Built in 1939
    -- sqft lot
    $2,543,700 Zestimate®
    $1,266/sqft
    $6,101 Estimated rent

    Home value

    $2,543,700

    $2.29M - $2.82M

    $6,101/mo

    Zestimate® history
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    $6,101/mo

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    Rent Zestimate®

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    $16,154/mo

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    $16,154/mo

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    What's special

    This is a truly unique investment opportunity in Santa Monica. The property is located in a prime Ocean Park Neighborhood within walking distance to the beach (just 5 blocks) restaurants, and shops. You can feel the cool ocean breeze, even on the hottest summer days. 2/3 units are currently rented out. The property is a mix of 3 fully remodeled units and each have their own washer/dryer. The charming 3 Bed 2 Bath single family offers a contemporary open concept layout. The living room opens to a private deck with steps that lead to a delightful front yard, perfect for entertainment. The building is perfect for artists, architects and those who work in the entertainment and technology industries.

    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: 5
    • Bathrooms: 5
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,010 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Garage - Attached
    Lot
    • Size: 5,723 Square Feet
    Details
    • Parcel number: 4287013018

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Updated/Remodeled
    • Year built: 1939

    Community & HOA

    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $1,266/sqft
    • Tax assessed value: $2,759,140
    • Annual tax amount: $34,176

    Price history

    DateEventPrice
    3/17/2022Sold$2,600,000-3.7%$1,294/sqft
    Source: Public Record Report a problem
    3/3/2022Pending sale$2,699,000$1,343/sqft
    Source: CLAW #21-735146 Report a problem
    12/30/2021Listed for sale$2,699,000$1,343/sqft
    Source: CLAW #21-735146 Report a problem
    12/19/2021Contingent$2,699,000$1,343/sqft
    Source: CLAW #21735146 Report a problem
    6/10/2021Listed for sale$2,699,000+0.3%$1,343/sqft
    Source: CRMLS #21735146 Report a problem
    1/1/2020Listing removed$2,690,000$1,338/sqft
    Source: Keller Williams Realty Westside #19492274 Report a problem
    7/25/2019Listed for sale$2,690,000+59.9%$1,338/sqft
    Source: Keller Williams Realty Westside #19492274 Report a problem
    5/15/2019Listing removed$6,249$3/sqft
    Source: Keller Williams Realty Westside #19458560 Report a problem
    4/26/2019Listed for rent$6,249$3/sqft
    Source: Keller Williams Realty Westside #19458560 Report a problem
    1/17/2018Sold$1,682,403+22.4%$837/sqft
    Source: Public Record Report a problem
    8/11/2006Sold$1,375,000+175%$684/sqft
    Source: Public Record Report a problem
    5/5/2000Sold$500,000$249/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,176 +6.6%$2,759,140 +2%
    2024$32,050 +1.6%$2,705,040 +2%
    2023$31,538 +1.3%$2,652,000 +54.6%
    2022$31,121 +53.1%$1,715,520 +2%
    2021$20,326 +0.7%$1,681,884 +1%
    2020$20,188 $1,664,640 +2%
    2019$20,188 +7.4%$1,632,000 +2%
    2018$18,789 $1,600,000 +0.4%
    2017$18,789 -1%$1,592,938 +2.4%
    2016$18,987 +3.7%$1,556,183 +1.5%
    2015$18,314 +2.8%$1,532,808 +2%
    2014$17,821 $1,502,783 +2.5%
    2012-- $1,466,661 +2%
    2011-- $1,437,904 +0.8%
    2010-- $1,427,158 -0.2%
    2009-- $1,430,550 +2%
    2008-- $1,402,500 +2%
    2007-- $1,375,000 +145.3%
    2006-- $560,579
    2005-- $560,579 +4%
    2004-- $538,813 +1.9%
    2003-- $528,939 +2%
    2002-- $518,568 +8.8%
    2000-- $476,487
    Find assessor info on the county website

    Neighborhood: Ocean Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,543,700
    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
    $2,543,700