See Home Value
$1,930,000 - $2,358,000
House - Off Market

740 Navy St

Santa Monica, CA 90405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1344 Sqft
Sold May 16, 2022
$1,330,000
$931,000 by First Republic Bank
Mortgage Due Jun 01, 2052
Sold Sep 04, 2009
$656,500
$492,000 by Surety Financial Services
Mortgage Due Sep 01, 2039

About This Property

Experience the epitome of Ocean Park's beach lifestyle in this meticulously reimagined property that seamlessly blends simplicity, beauty, and unparalleled quality. This fully renovated 3-bedroom, 2-bathroom home is nestled in the coveted Ocean Park neighborhood of Santa Monica, offering an open floor plan and high ceilings that enhance the overall sense of space. As you enter the Dutch door, the beautiful hardwood floors guide you through an inviting interior. The chic kitchen, adorned with Cafe' appliances and a large center island with bar seating, is a culinary masterpiece. An adjacent Cafe' wet bar, complete with a wine refrigerator, adds an element of sophistication to your entertaining space. The seamless flow from the indoors to the outdoor deck and yard creates the perfect setting for al fresco dining, BBQs, or simply basking in the cool ocean air. The guest bedrooms are bright and airy, while the primary suite is a retreat featuring exposed wood beams and sliding glass doors that open to the backyard oasis. Every detail of this home has been carefully considered, with all-new components and a Nest system ensuring a modern and efficient living experience. Convenience is at your doorstep, with Whole Foods, Starbucks, Main Street shopping, and the renowned beaches of Santa Monica and Venice just a stone's throw away. Embrace the true essence of beach-style living in Ocean Park, Santa Monica's most sought-after location. Leave the car at home and immerse yourself in the vibrant coastal lifestyle that this special property offers a harmonious blend of design, functionality, and prime location. Owner is a licensed real estate broker. **Offer Deadline is Tuesday, March 5th at 11:00am

The manager has listed the unit size as 1344 square feet.
Unit Size
1,344Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$1,595
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Apr 26, 2024 No longer available -
No longer available
Mar 24, 2024 In contract -
In contract
Feb 23, 2024 Listed $2,144,000
Listed
May 16, 2022 Sold $1,330,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,996
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOUNTAIN GLEN
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOUNTAIN GLEN NO 2 LOT 16 AND SW 12.5 FT OF LOT/SEC 17 BLK/DIV/TWN 2

Ownership

  • Current Owner : 740 NAVY LLC
  • Previous Owner : TAKCO NAVY LLC
  • Owner Before Previous Owner: HACKETT BARBARA A
  • Owner Before Previous Owner 2: THE BERNICE MYERS FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: SMOP1*

Geography

  • Assessors Map Reference: 49-B2
  • Subdivision Tract Number: 2
  • Parcel: 4287-033-015
  • Block: 2
  • Lot: 16
  • Municipality: WEST /SM/OCEAN PARK
  • Latitude: 34.0023
  • Longitude: -118.472

    Address

  • Full Address: 740 Navy St
  • Address - House Number: 740
  • Address - Street Name: Navy
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C010
  • 4-Digit Zip Code: 5637
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,091
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 2,154,300
  • High Value: 2,300,034
  • Low Value: 2,008,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $931,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $931,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,356,600
  • Assessed Land Value: $1,085,280
  • Assessed Improvements Value: $271,320

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11887529326
  • Current Sale Price: $1,330,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 528822
  • Previous Sale Recording Date: Sep 04, 2009
  • Previous Sale Contract Date: Jul 22, 2009
  • Previous Sale Amount: $656,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $931,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SURETY FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Sep 04, 2009
  • Previous Mortgage Loan Amount: $492,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,400 ft²
$1,285/ft²
$1,799,000 Jan 23, 2024
-
-
House
3 Beds
1 Bath
1,029 ft²
$1,842/ft²
$1,895,000 Jan 2, 2024
-
-
House
3 Beds
2 Baths
1,700 ft²
$1,171/ft²
$1,990,000 Jan 11, 2024
-
-
House
3 Beds
1 Bath
1,020 ft²
$1,858/ft²
$1,895,000 Feb 20, 2024
-
-
House
3 Beds
2 Baths
1,850 ft²
$1,295/ft²
$2,395,000 Mar 7, 2024
-
-
House
2 Beds
1 Bath
1,539 ft²
$1,169/ft²
$1,799,000 Mar 17, 2024
-
-
House
2 Beds
2 Baths
1,200 ft²
$1,583/ft²
$1,899,000 Mar 13, 2024
-
-
Townhouse
3 Beds
2.5 Baths
1,720 ft²
$1,392/ft²
$2,395,000 Mar 7, 2024
-
$645/mo
Condo
3 Beds
2 Baths
1,757 ft²
$996/ft²
$1,750,000 Mar 8, 2024
-
$438/mo
Condo
3 Beds
2 Baths
2,228 ft²
$895/ft²
$1,995,000 Jan 19, 2024
-
$884/mo
Condo
2 Beds
2 Baths
1,436 ft²
$1,253/ft²
$1,800,000 Oct 31, 2023
-
$1,320/mo
Condo
3 Beds
2.5 Baths
-
$2,200,000 Feb 7, 2024
-
$743/mo

About Ocean Park


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Frequently Asked Questions

When was property at 740 Navy Street built and last sold?
The property at 740 Navy Street was built in 1920 and last sold on Apr 14, 2022 for $1,330,000.
How much is this home worth?
The estimated value of the home located at 740 Navy Street is $2,140,780.
What are some comparable homes to 740 Navy Street?
Homes that are comparable to 740 Navy Street include a house property at 857 Rose Avenue, 335 5th Avenue, 1057 Indiana Avenue.

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