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Off market
Street View
  • $2,231,900

    723 Raymond Ave, Santa Monica, CA 90405

    5beds
    3,370sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $2,231,900 Zestimate®
    $662/sqft
    $5,473 Estimated rent

    Home value

    $2,231,900

    $1.90M - $2.61M

    $5,473/mo

    Zestimate® history
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    $5,473/mo

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    Rent Zestimate®

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    $14,172/mo

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    $14,172/mo

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    What's special

    This is a unique property. It has a vintage single-family home facing the street and two rental units over a home office and a garage in a separate building in the rear. For owners who occupy the front house, which has hardwood floors, high ceilings, and a spacious kitchen, the units provide an ongoing source of revenue. The office space, which is equipped with a high-speed, fiber optic Internet connection, is ideal for anyone who works remotely. The solar electric system keeps monthly costs for power at or below zero, while the solar water heating, assisted in Winter by an electric heat pump water heater, minimizes the cost of hot water. Irrigation for the front yard is handled by an underground drip system controlled by an easy-to-modify web app. The sensors in the timing hardware determine whether the ground is wet after (or during) a rainstorm and skip scheduled watering. Walkways, the driveway, and the courtyard are finished with pavers. They add to the timeless look of the property and adapt to Southern California's occasional ground movement (from temblors) that would crack concrete.

    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
    • Full bathrooms: 4
    • 1/4 bathrooms: 1
    Heating
    • Forced air, Heat pump, Wall, Gas, Solar
    Cooling
    • Central, Solar
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,370 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,158 Square Feet
    Details
    • Parcel number: 4287017032

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $662/sqft
    • Tax assessed value: $442,937
    • Annual tax amount: $6,324

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$6,324 +6.2%$442,937 +2%
    2024$5,955 +1.7%$434,253 +2%
    2023$5,857 +1.6%$425,739 +2%
    2022$5,767 +3.1%$417,392 +2%
    2021$5,592 +0.7%$409,209 +1%
    2020$5,551 $405,014 +2%
    2019$5,551 +8.7%$397,073 +2%
    2018$5,105 $389,288 +2%
    2017$5,105 +0.7%$381,656 +2%
    2016$5,069 +3.7%$374,174 +1.5%
    2015$4,887 +2.3%$368,555 +2%
    2014$4,778 $361,336 +2.5%
    2012-- $352,652 +2%
    2011-- $345,738 +0.8%
    2010-- $343,156 -0.2%
    2009-- $343,972 +6.1%
    2006-- $324,136 +4%
    2004-- $311,551 +1.9%
    2003-- $305,841 +2%
    2002-- $299,845
    Find assessor info on the county website

    Neighborhood: Ocean Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,231,900
    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
    $2,231,900