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423 Ashland Avenue

423 Ashland Avenue, Santa Monica, CA 90405
Multifamily in Ocean Park
1 Units For Sale
Unit for sale at 423 Ashland Ave, Santa Monica, CA 90405

$2,925,000 In Contract

  • 11 Beds
423 Ashland Ave, Santa Monica, CA 90405 Listing by Barak Cassilly

Local assessors in Santa Monica, CA have categorized 423 Ashland Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 7,021 square feet. 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, 11 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 12 full bathrooms. There are also 12 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 423 Ashland Avenue has a total of 5,120 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 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 - B. 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, 423 Ashland Avenue sold most recently in Mar 22, 2023 for a total of $1,613,000. If you work out the math, that's approximately a cost of $315.04 per sqft. Before that, the property was also sold for $5,454 in Mar 21, 2023. 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 $23,664 in taxes each year. 423 Ashland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,919,010. If we break it down further, the land itself was valued at $1,035,258. Improvements to the property, however, were assessed at a total of $883,752. The property's total assessed value has been marked as more than the total market value 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!

Building Features

Parking

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 11
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,021
  • Total Building Area: 5,120
  • Gross Building Area: 5,120
  • Building Area: 5,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA FE TRACT
  • Land Acres: 0.161
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SANTA FE TRACT LOT/SEC 6 BLK/DIV/TWN G

Ownership

  • Current Owner : YEROUSHALMI REUBEN
  • Current Owner 2: YEROUSHALMI BEN
  • Previous Owner : KHALIL KAMRAN
  • Previous Owner 2: KHALIL REUBEN
  • Owner Before Previous Owner: YEROUSHALMI TANAZ
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702102

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B3
  • Parcel: 4287-020-017
  • Block: G
  • Lot: 6
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0019
  • Longitude: -118.478

    Address

  • Full Address: 423 Ashland Ave
  • Address - House Number: 423
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C021
  • 4-Digit Zip Code: 4348
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,664
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 1,845,121
  • High Value: 2,058,992
  • Low Value: 1,631,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,919,010
  • Assessed Land Value: $1,035,258
  • Assessed Improvements Value: $883,752

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904385154
  • Current Sale Price: $1,613,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 202630
  • Previous Sale Recording Date: Mar 30, 2023
  • Previous Sale Contract Date: Mar 21, 2023
  • Previous Sale Amount: $5,454
  • Previous Sale Document Type: Deed

About Ocean Park



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Frequently Asked Questions

What neighborhood is 423 Ashland Avenue located in?
The 423 Ashland Avenue is a multifamily located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
How many listings are currently for sale in 423 Ashland Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 423 Ashland Avenue?
The average sales price for units in 423 Ashland Avenue is $2,925,000 currently.

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