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827 2nd Street

827 2nd Street, Santa Monica, CA 90403
Property in Wilshire-Montana
Sold Jun 02, 2010
Transfer
$6,921,000 by Pnc Bank Na
Mortgage
Sold Dec 12, 2008
Transfer
Local assessors in Santa Monica, CA have categorized 827 2nd Street as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 12,739 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, 48 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 48 full bathrooms. There are also 48 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 827 2nd Street has a total of 29,250 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 - A. 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 $65,687 in taxes each year. 827 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,401,428. If we break it down further, the land itself was valued at $2,222,112. Improvements to the property, however, were assessed at a total of $3,179,316. 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!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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 48
  • Bathroom Count: 48
  • Full Bathrooms: 48
  • Partial Bathrooms: 48
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 24
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,739
  • Total Building Area: 29,250
  • Gross Building Area: 29,250
  • Building Area: 29,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 29,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE TOWN OF SANTA MONICA
  • Land Acres: 0.292
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SANTA MONICA LOT S AND SE 35 FT OF LOT/SEC T BLK/DIV/TWN 24

Ownership

  • Current Owner : 126 COMPANY LLC
  • Previous Owner : AM REAL PROPERTY 2003 LLC
  • Owner Before Previous Owner: 126 COMPANY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701402

Zoning

  • Zoning: SMR3*

Geography

  • Assessors Map Reference: 40-E6
  • Parcel: 4292-024-017
  • Block: 24
  • Lot: S
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0227
  • Longitude: -118.506

    Address

  • Full Address: 827 2nd St
  • Address - House Number: 827
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C016
  • 4-Digit Zip Code: 1005
  • Zip Code: 90403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,687
  • Tax Rate Code Area: 08-004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,921,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: May 01, 2018
  • First Open Lien Mortgage Loan Amount: $6,921,000
  • 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: $5,401,428
  • Assessed Land Value: $2,222,112
  • Assessed Improvements Value: $3,179,316

    Sales

  • Current Sale Contract Date: Apr 06, 2010
  • Current Sale Recording Date: Jun 02, 2010
  • Current Sale Transaction ID: 1030858935
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-0748116
  • Previous Sale Recording Date: Dec 12, 2008
  • Previous Sale Contract Date: Dec 11, 2008
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 827 2nd Street located in?
The 827 2nd Street is a located in the neighborhood of Wilshire-Montana in Wilshire-Montana, Santa Monica.
What is the average sales price for listings in 827 2nd Street?
The average sales price for units in 827 2nd Street is $0 currently.

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