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122 Strand Street

122 Strand Street, Santa Monica, CA 90405
Land in Ocean Park
1 Units For Sale
Unit for sale at 122 Strand Street, Santa Monica, CA 90405

$2,150,000 ↓ $100K

  • Studio
  • 100 ft²
122 Strand Street, Santa Monica, CA 90405 Listing by Richard Warren

Local assessors in Santa Monica, CA have categorized 122 Strand Street as a unknown type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,091 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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, 6 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 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 122 Strand Street has a total of 2,941 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. 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 unknown 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 - unknown. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 122 Strand Street was last sold in Mar 23, 2022 for $2,712,500. According to our calculations, that's $922.31 per sqft. Prior to that sales transaction, the property was sold for $2,350,000 in Jun 17, 2014. Current property owners are expected to pay $32,552 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 122 Strand Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,766,750. To break that down further, the land itself was valued at $1,935,450. While improvements to the property were assessed at a total of $831,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230418
04/18/2023
6 Bed
4 Bath
2941 ft²
$2,499,000
bedrooms
6 Bed
bathrooms
4 Bath
square feet
2941 ft²
-
-
-
Roya Rashti
Keller Williams-Santa Monica
20210719
07/19/2021
Loft
-
-
$2,995,000
bedrooms
Loft
bathrooms
-
-
-
-
Kerry Ann Sullivan
Pardee Properties
20191028
10/28/2019
Studio
-
-
$3,500,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,091
  • Total Building Area: 2,941
  • Gross Building Area: 2,941
  • Building Area: 2,941
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,941
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SOUTH SANTA MONICA WHARF
  • Land Acres: 0.14
  • Legal Description 1: P M 403-18-20 LOT 1

Ownership

  • Current Owner : ASHBY CONSTRUCTION COMPANY INC
  • Previous Owner : MAV PARTNERS LLC
  • Owner Before Previous Owner: MANSFIELD DANA BRIAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702002

Zoning

  • Zoning: SMOP3*

Geography

  • Parcel: 4289-023-025
  • Lot: 1
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0041
  • Longitude: -118.487

    Address

  • Full Address: 122 Strand St
  • Address - House Number: 122
  • Address - Street Name: Strand
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C001
  • 4-Digit Zip Code: 2214
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,552
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 96
  • Final Value: 2,426,489
  • High Value: 2,590,913
  • Low Value: 2,262,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,766,750
  • Assessed Land Value: $1,935,450
  • Assessed Improvements Value: $831,300

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11883572475
  • Current Sale Price: $2,712,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 353163
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Contract Date: Jun 17, 2014
  • Previous Sale Amount: $2,350,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WILSHIRE QUINN INCOME FUND LLC
  • First Mortgage Transaction Date: Mar 30, 2022
  • First Mortgage Loan Amount: $4,500,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Jul 30, 2014
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $1,610,000
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Ocean Park



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Frequently Asked Questions

What neighborhood is 122 Strand Street located in?
The 122 Strand Street is a land located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
How many listings are currently for sale in 122 Strand Street?
There is one unit for sale right now.
What is the average sales price for listings in 122 Strand Street?
The average sales price for units in 122 Strand Street is $2,150,000 , or $21,500/sqft. currently.

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