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1847 18th Street

1847 18th Street, Santa Monica, CA 90404
Multifamily in Pico
Sold Feb 28, 2020
$1,850,000
$596,000 by Global Equity Finance Inc
Mortgage Due Oct 01, 2050
Sold Apr 02, 2012
$1,069,000
$700,000 by Union Bank Na
Mortgage Due Apr 01, 2052
1847 18th Street in Santa Monica, CA was first built in 1944 and is 80 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1847 18th Street has 2,451 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,422 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1847 18th Street sold most recently in Feb 3, 2020 for a total of $1,850,000. If you work out the math, that's approximately a cost of $754.79 per sqft. Before that, the property was also sold for $1,069,000 in Mar 8, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,252 in taxes each year. 1847 18th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,944,678. If we break it down further, the land itself was valued at $1,366,531. Improvements to the property, however, were assessed at a total of $578,147. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Permit Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,422
  • Total Building Area: 2,451
  • Gross Building Area: 2,451
  • Building Area: 2,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ERKENBRECHER SYNDICATE SANTA MONICA
  • Land Acres: 0.147
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: ERKENBRECHER SYNDICATE SANTA MONICA TRACT LOT/SEC 20 BLK/DIV/TWN 14

Ownership

  • Current Owner : ONODERA BRUCE T
  • Current Owner 2: BRASEL JOHN S
  • Previous Owner : YALOM BENJAMIN
  • Previous Owner 2: YALOM ANISA
  • Owner Before Previous Owner: RESTON CRAIG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701802

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-B6
  • Parcel: 4274-012-019
  • Block: 14
  • Lot: 20
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0207
  • Longitude: -118.474

    Address

  • Full Address: 1847 18th St
  • Address - House Number: 1847
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C008
  • 4-Digit Zip Code: 7106
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,252
  • Tax Rate Code Area: 08-004

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,257,134
  • High Value: 2,761,614
  • Low Value: 1,752,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $596,000
  • First Open Lien Mortgage Lender: GLOBAL EQUITY FINANCE INC
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $596,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,944,678
  • Assessed Land Value: $1,366,531
  • Assessed Improvements Value: $578,147

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11741808651
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0240188
  • Previous Sale Recording Date: Apr 02, 2012
  • Previous Sale Contract Date: Mar 08, 2012
  • Previous Sale Amount: $1,069,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $582,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK NA
  • Previous Mortgage Transaction Date: Apr 02, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 479
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2052

About Pico



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Nearby Rentals

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$20,500 /mo

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  • 2 Baths
  • 1,480 ft²
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Unit for rent at

$20,000 /mo

  • 3 Beds
  • 3 Baths
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Frequently Asked Questions

What neighborhood is 1847 18th Street located in?
The 1847 18th Street is a multifamily located in the neighborhood of Pico in Pico, Santa Monica.
What is the average sales price for listings in 1847 18th Street?
The average sales price for units in 1847 18th Street is $0 currently.

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