See Home Value
$3,759,306*
House - Off Market

159 FRASER AVE

SANTA MONICA, CA 90405
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2820 Sqft
$3,015,000 - $3,683,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Aug 14, 2020
$3,150,000
Sold May 16, 1996
$432,000
$345,800 by Downey S/l
Mortgage Due Jun 01, 2026

About This Property

Once in a lifetime opportunity to own a rare 1905 craftsman beach home on one of Santa Monica's most desirable walking streets. Come relax where the sun meets the sea. This home was extensively remodeled to include 5 bedrooms, 4 baths and a 4 car subterranean garage. Enjoy a 60 second walk to the beach or find yourself on trendy Main Street enjoying some of Santa Monica's best shopping and restaurants.

The manager has listed the unit size as 2820 square feet.
Unit Size
2,820Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1905

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 8, 2020 In contract -
In contract
Jul 18, 2020 Price Decreased $3,349,000
↓ $150K (4.3%)
Price Decreased
Jul 8, 2020 Price Decreased $3,499,000
↓ $100K (2.8%)
Price Decreased
Mar 30, 2020 Listed $3,599,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,325
  • Total Building Area: 2,820
  • Building Area: 2,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL BEACH TRACT
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CENTRAL BEACH TRACT SW 20 FT OF LOT 25 AND NE 15 FT OF LOT/SEC 26 BLK/DIV/TWN B

Ownership

  • Current Owner : WILCOX JOHN GORDEN
  • Current Owner 2: SY JOANNE
  • Previous Owner : REISMAN EDWARD S
  • Previous Owner 2: REISMAN ELLEN K
  • Owner Before Previous Owner: SUSKIN MARTIN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SMR2R*

Geography

  • Assessors Map Reference: 49-A2
  • Parcel: 4288-018-021
  • Block: B
  • Lot: 25
  • Municipality: WEST /VENICE SOUTH
  • Latitude: 34.0025
  • Longitude: -118.485

    Address

  • Full Address: 159 Fraser Ave
  • Address - House Number: 159
  • Address - Street Name: Fraser
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C001
  • 4-Digit Zip Code: 3502
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,381
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 3,166,356
  • High Value: 3,879,415
  • Low Value: 2,453,296

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,277,259
  • Assessed Land Value: $2,077,678
  • Assessed Improvements Value: $1,199,581

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11781420367
  • Current Sale Price: $3,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0948037
  • Previous Sale Recording Date: May 16, 1996
  • Previous Sale Contract Date: May 07, 1996
  • Previous Sale Amount: $432,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: DOWNEY S/L
  • Previous Mortgage Transaction Date: May 16, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $345,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Condo
3 Beds
3.5 Baths
2,300 ft²
$1,173/ft²
$2,699,000 Feb 6, 2023
-
$895/mo
Condo
2 Beds
2.5 Baths
-
$3,825,000 Mar 7, 2023
-
$1,782/mo
Multifamily
11 Beds
-
-
$2,925,000 Oct 14, 2021
-
-
Multifamily
2 Beds
-
-
$2,700,000 May 16, 2022
-
-
Land
Loft
-
-
$2,700,000 May 11, 2021
-
-

About Ocean Park


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Frequently Asked Questions

When was property at 159 Fraser Avenue built and last sold?
The property at 159 Fraser Avenue was built in 1905 and last sold on Aug 5, 2020 for $3,150,000.
How much is this home worth?
The estimated value of the home located at 159 Fraser Avenue is $3,382,490.
What are some comparable homes to 159 Fraser Avenue?
There are currently no comparable homes to 159 Fraser Avenue.

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