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300 Bay Street

300 Bay Street, Santa Monica, CA 90405
Property in Ocean Park
Sold Jun 08, 2006
Transfer
$9,200,000 by Jpmorgan Chase Bank Na
Mortgage
Local assessors in Santa Monica, CA have categorized 300 Bay Street as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1973. The property's lot size has been calculated to be 18,003 square feet. The linear feet between the front and back of the lot was measured at 1,200 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, 28 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 26 full bathrooms. There are also 26 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 300 Bay Street has a total of 20,001 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 10,212 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. The home's a radiant heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $100,085 in taxes each year. 300 Bay Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $8,406,525. If we break it down further, the land itself was valued at $5,779,490. Improvements to the property, however, were assessed at a total of $2,627,035. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 28
  • Bathroom Count: 26
  • Full Bathrooms: 26
  • Partial Bathrooms: 26
  • 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: 26
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 10,212
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,003
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 20,001
  • Gross Building Area: 20,001
  • Building Area: 20,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 20,001
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA MONICA TRACT
  • Land Acres: 0.413
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SOUTH SANTA MONICA LOTS 1 AND LOT/SEC 2 BLK/DIV/TWN 10

Ownership

  • Current Owner : BAY STREET SANTA MONICA LLC
  • Previous Owner : LEFCOE GEORGE
  • Ownership Rights Codes: Company/Corporation
  • 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-A2
  • Parcel: 4289-013-025
  • Block: 10
  • Lot: 1
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0082
  • Longitude: -118.487

    Address

  • Full Address: 300 Bay St
  • Address - House Number: 300
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C036
  • 4-Digit Zip Code: 1154
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,085
  • Tax Rate Code Area: 08-604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,200,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 25, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $9,200,000
  • 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: $8,406,525
  • Assessed Land Value: $5,779,490
  • Assessed Improvements Value: $2,627,035

    Sales

  • Current Sale Contract Date: May 31, 2006
  • Current Sale Recording Date: Jun 08, 2006
  • Current Sale Transaction ID: 1031751922
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1260683

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Jun 08, 2006
  • First Mortgage Loan Amount: $3,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Ocean Park



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Frequently Asked Questions

What neighborhood is 300 Bay Street located in?
The 300 Bay Street is a located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 300 Bay Street?
The average sales price for units in 300 Bay Street is $0 currently.

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