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110 Pico Boulevard

110 Pico Boulevard, Santa Monica, CA 90405
Property in Ocean Park
Sold Apr 22, 2021
$39,500,000
$251,650,060 by New York Life Insurance Compan
Mortgage
Sold Apr 16, 2003
Transfer
Local assessors in Santa Monica, CA have categorized 110 Pico Boulevard as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 35,902 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 1,500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 66 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 84 full bathrooms. There are also 84 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 110 Pico Boulevard has a total of 40,510 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 8,560 sqft. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a flat style roof that was made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Apr 15, 2021 for $39,500,000. That's $975.07 per sqft. 110 Pico Boulevard was last assessed in 2023. The total value of the property was assessed at $41,095,800. Specifically, the land the property is located on was valued at $21,848,400. While improvements on the property were assessed at a total of $19,247,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $476,762. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 66
  • Bathroom Count: 84
  • Full Bathrooms: 84
  • Partial Bathrooms: 84
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 68
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 8,560
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,902
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 40,510
  • Gross Building Area: 40,510
  • Building Area: 40,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 40,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH SANTA MONICA
  • Land Acres: 0.824
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SOUTH SANTA MONICA LOTS 1,2 AND 3 AND EX OF ST LOT/SEC 9 BLK/DIV/TWN 1

Ownership

  • Current Owner : FL SUNRISE CIRUS SUITES TIC LLC
  • Current Owner 2: UT 634 CHALLENGER TIC LLC
  • Previous Owner : ASN SANTA MONICA LP
  • Owner Before Previous Owner: 1915 OCEAN WAY LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702201

Zoning

  • Zoning: SMR4-R3*

Geography

  • Assessors Map Reference: 49-A2
  • Parcel: 4289-026-008
  • Block: 1
  • Lot: 1,2,3
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0068
  • Longitude: -118.491

    Address

  • Full Address: 110 Pico Blvd
  • Address - House Number: 110
  • Address - Street Name: Pico
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Santa Monica
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $476,762
  • Tax Rate Code Area: 08-004

    Open Liens

  • Total Open Liens: 1
  • First Open Lien Mortgage Lender: NEW YORK LIFE INSURANCE COMPAN
  • First Open Lien Mortgage Recording Date: Nov 06, 2013
  • First Open Lien Mortgage Loan Amount: $251,650,060
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,095,800
  • Assessed Land Value: $21,848,400
  • Assessed Improvements Value: $19,247,400

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11831673226
  • Current Sale Price: $39,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0640270
  • Previous Sale Recording Date: Apr 16, 2003
  • Previous Sale Contract Date: Apr 14, 2003
  • Previous Sale Document Type: Grant Deed

About Ocean Park



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Frequently Asked Questions

What neighborhood is 110 Pico Boulevard located in?
The 110 Pico Boulevard is a located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 110 Pico Boulevard?
The average sales price for units in 110 Pico Boulevard is $0 currently.

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