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2431 3rd Street

2431 3rd Street, Santa Monica, CA 90405
Condo in Ocean Park
2431 3rd Street is a condo located in Ocean Park, Santa Monica. The building was first built in 1964 and is 60 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 5 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 42 days and tend to sell above the original asking price of $972,000 by 6.83%. Meaning, listings tend to sell at a median of $1,019 price per square foot. The transaction that took the longest to complete was unit 7, listed on Aug 05, 2021 for $1,295,000. This particular unit ultimately sold 47 days later for $1,410,000. The most recent transaction was for unit 7, which was first advertised on Aug 05, 2021, sold for $1,410,000 on Sep 21, 2021. Fun fact, the oldest transaction we have on record took place on Nov 22, 2000. See the full transaction history for 2431 3rd Street below.

Ocean Park, where 2431 3rd Street is located, has a median asking price of $1,299,000 for condo buildings. Meanwhile, the building itself has a median asking price of $972,000. For interested buyers, that means the building's median asking price is around 0.25% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
Tandem Parking
Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210805 Unit 7
08/05/2021
7
2 Bed
2 Bath
1265 ft²
$1,295,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1265 ft²
$1,410,000 +8.88%
09/21/2021
Thomas Davila
Compass
20210513 Unit 9
05/13/2021
9
1 Bed
1 Bath
640 ft²
$649,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
640 ft²
$680,000 +4.78%
06/18/2021
Tara Rodgers

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,735
  • Total Building Area: 971
  • Building Area: 971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 45720
  • Land Acres: 0.178
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=45720 LOT 1 CONDO UNIT 1 (AIRSPACE AND 1/11 INT IN COMMON AREA)

Ownership

  • Current Owner : SILVER FAMILY TRUST
  • Previous Owner : MCDONALD
  • Previous Owner 2: CELIA
  • Owner Before Previous Owner: FUNKHOUSER ROBERT B
  • Owner Before Previous Owner 2: FUNKHOUSER MARGARET C
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B2
  • Subdivision Tract Number: 45720
  • Parcel: 4287-008-037
  • Lot: 1
  • Municipality: WEST /VEN/MARINA/M.V.
  • Latitude: 34.0046
  • Longitude: -118.483

    Address

  • Full Address: 2431 3rd St
  • Address - House Number: 2431
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C029
  • 4-Digit Zip Code: 3616
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,436
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,070,126
  • High Value: 1,309,190
  • Low Value: 831,062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,377,000
  • Assessed Land Value: $1,101,600
  • Assessed Improvements Value: $275,400

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11889473403
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 579221
  • Previous Sale Recording Date: Aug 14, 2013
  • Previous Sale Contract Date: Aug 06, 2013
  • Previous Sale Document Type: Grant Deed

About Ocean Park



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Frequently Asked Questions

What neighborhood is 2431 3rd Street located in?
The 2431 3rd Street is a condo located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 2431 3rd Street?
The average sales price for units in 2431 3rd Street is $972,000 , or $1,019/sqft. currently.

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