1124 7th St

Santa Monica, CA 90403

$2,550,000
Last Sold Price
2
Beds
1,256 Sq. Ft.
$2,030 / Sq. Ft.
1,256
Sq. Ft.
$2,030
per Sq. Ft.

Description

The subject property is a historical home with potential to rehabilitate the existing cottage on the property and add 3 units as per plans. The comparables used to evaluate the property are recent townhome sales in the area. The comparable with the most effective data to project a value is 954-956 A-C 5th St. This property had development potential at the time of sale, the existing historic home on the property was rehabilitated and the developer added 3 additional units all approximately the same...The subject property is a historical home with potential to rehabilitate the existing cottage on the property and add 3 units as per plans. The comparables used to evaluate the property are recent townhome sales in the area. The comparable with the most effective data to project a value is 954-956 A-C 5th St. This property had development potential at the time of sale, the existing historic home on the property was rehabilitated and the developer added 3 additional units all approximately the same size as our subject property's architectural assumptions. Condominiums in this highly desired pocket of Santa Monica sell for $2,500,000 on average, and a developer would have the opportunity to build 3 more units behind the existing cottage and later sell all four (4) condos for a total of $10,000,000. This is a huge spread and a great value-add opportunity for any developer to capitalize on the hot condominium market in Santa Monica.
  1. Listed by David Harrington • DRE #01320460 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services

Property Details for 1124 7th Street

Zoning
SMR2*
Style
Cottage
Property Attached YN
true
Parcel Number
4292005004
Total Units
1.0
Living Area
1256
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
LISTING UPDATED: 05/23/2019 03:57 PM

Property Details for 1124 7th Street

StatusSold
MLS #19-444468
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1907
Lot Size0.17 AC / 7,511 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Sold By Compass, Darlene Hutton, DRE #01342721

Add your commute

Building Information for 1124 7th Street

Stories1Year Built1907Building Size-Lot Size0.17 AC / 7,511 SF

Payment Calculator

$16,114 per month

30 year fixed, 6.845% Interest

Principal and Interest

$13,360

Property Taxes

$2,754

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1124 7th Street

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 1
Structure Info
Structure Info
  • Building Type: Attached
  • Number Of Stories: 1
  • View: Yes
  • View Description: Other
  • View: See Remarks
  • Maids Room: false
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7511
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Other
  • Parking Features: Other
Interior Features
Interior Features
  • Room Type: See Remarks
  • Rooms: Other
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: See Remarks
  • Cooling Type: Other
  • Heating: See Remarks
  • Heating Type: Other
  • Flooring: Other
  • Equipment: Other
  • Laundry: Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 03-15-2019

Property History for 1124 7th Street

DateEvent & SourcePriceAppreciation
Jul 1, 2025

Price Change

CLAW #25541433

$3,790,000—
Jul 1, 2025

Price Change

CRMLS #25541433

$3,790,000—
May 19, 2025

Listed (Active)

CRMLS #25541433

$3,950,000—
May 19, 2025

Listed (Active)

CLAW #25541433

$3,950,000—
Nov 30, 2024

Expired

CLAW #24-372053

—
Oct 1, 2024

Price Change

CLAW #24-372053

$3,895,000—
Oct 1, 2024

Listed (Active)

CLAW #24-372053

$4,195,000—
Sep 30, 2024

Expired

CRMLS #24372053

—
Sep 30, 2024

Expired

CLAW #24-372053

$3,895,000—
Jun 9, 2024

Price Change

CRMLS #24372053

$3,895,000—
May 3, 2024

Price Change

CLAW #24-372053

$3,995,000—
May 2, 2024

Price Change

CRMLS #24372053

$3,995,000—
Mar 25, 2024

Listed (Active)

CLAW #24-372053

$4,195,000—
Mar 25, 2024

Listed (Active)

CRMLS #24372053

$4,195,000—
Jun 19, 2023

Expired

CRMLS #23234263

$4,195,000—
Jun 19, 2023

Expired

CLAW #23-234263

$4,195,000—
Jan 19, 2023

Listed (Active)

CRMLS #23234263

$4,195,000—
Jan 19, 2023

Listed (Active)

CLAW #23-234263

$4,195,000—
Apr 18, 2019

Sold

CRMLS #19444468

$2,550,000—
Apr 18, 2019

Sold

CLAW #19-444468

$2,550,000—
Mar 29, 2019

Sold (Public Record)

Public Record #642968288

$2,550,000

+15.5% / yr

Mar 26, 2019

Pending

CLAW #19-444468

—
Mar 26, 2019

Pending

CRMLS #19444468

—
Mar 15, 2019

Listed (Active)

CLAW #19-444468

$2,550,000—
Mar 15, 2019

Listed (Active)

CRMLS #19444468

$2,550,000—
Feb 27, 2014

Sold

CRMLS #13717041

$1,221,000—
Feb 27, 2014

Sold

CLAW #13-717041

$1,221,000—
Feb 25, 2014

Pending

CRMLS #13717041

—
Feb 25, 2014

Pending

CLAW #13-717041

—
Feb 19, 2014

Sold (Public Record)

Public Record #410248269

$1,221,000—
Jan 14, 2014

Listed (Active)

CLAW #13-717041

$1,350,000—
Nov 7, 2013

Listed (Active)

CRMLS #13717041

$1,350,000—
Oct 3, 2013

Withdrawn / Cancelled

CRMLS #12627387

$1,550,000—
Oct 3, 2013

Withdrawn / Cancelled

CLAW #12-627387

—
Apr 1, 2013

Listed (Active)

CRMLS #12627387

$1,550,000—
Apr 1, 2013

Listed (Active)

CLAW #12-627387

$1,550,000—
DateEvent & SourcePrice
07/01/2025

Price Change

CLAW #25541433

$3,790,000
07/01/2025

Price Change

CRMLS #25541433

$3,790,000
05/19/2025

Listed (Active)

CRMLS #25541433

$3,950,000
05/19/2025

Listed (Active)

CLAW #25541433

$3,950,000
11/30/2024

Expired

CLAW #24-372053

—
10/01/2024

Price Change

CLAW #24-372053

$3,895,000
10/01/2024

Listed (Active)

CLAW #24-372053

$4,195,000
09/30/2024

Expired

CRMLS #24372053

—
09/30/2024

Expired

CLAW #24-372053

$3,895,000
06/09/2024

Price Change

CRMLS #24372053

$3,895,000
05/03/2024

Price Change

CLAW #24-372053

$3,995,000
05/02/2024

Price Change

CRMLS #24372053

$3,995,000
03/25/2024

Listed (Active)

CLAW #24-372053

$4,195,000
03/25/2024

Listed (Active)

CRMLS #24372053

$4,195,000
06/19/2023

Expired

CRMLS #23234263

$4,195,000
06/19/2023

Expired

CLAW #23-234263

$4,195,000
01/19/2023

Listed (Active)

CRMLS #23234263

$4,195,000
01/19/2023

Listed (Active)

CLAW #23-234263

$4,195,000
04/18/2019

Sold

CRMLS #19444468

$2,550,000
04/18/2019

Sold

CLAW #19-444468

$2,550,000
03/29/2019

Sold (Public Record)

Public Record #642968288

$2,550,000

+15.5% / yr

03/26/2019

Pending

CLAW #19-444468

—
03/26/2019

Pending

CRMLS #19444468

—
03/15/2019

Listed (Active)

CLAW #19-444468

$2,550,000
03/15/2019

Listed (Active)

CRMLS #19444468

$2,550,000
02/27/2014

Sold

CRMLS #13717041

$1,221,000
02/27/2014

Sold

CLAW #13-717041

$1,221,000
02/25/2014

Pending

CRMLS #13717041

—
02/25/2014

Pending

CLAW #13-717041

—
02/19/2014

Sold (Public Record)

Public Record #410248269

$1,221,000
01/14/2014

Listed (Active)

CLAW #13-717041

$1,350,000
11/07/2013

Listed (Active)

CRMLS #13717041

$1,350,000
10/03/2013

Withdrawn / Cancelled

CRMLS #12627387

$1,550,000
10/03/2013

Withdrawn / Cancelled

CLAW #12-627387

—
04/01/2013

Listed (Active)

CRMLS #12627387

$1,550,000
04/01/2013

Listed (Active)

CLAW #12-627387

$1,550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1124 7th Street

Taxable ValueLand$2,231,037Additions$557,758Total$2,788,795
Tax Record2024$33,045 ($2,754 / month)
Home Facts
Beds2Total Finished SqFt1,256 SqFtAbove Grade Finished SqFt1,256 SqFtLot Size7,511 SqFtStyleSingle Family ResidenceYear Built1907ZoningSMR2*CountyLOS ANGELESAPN4292-005-004

Schools near 1124 7th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, David Harrington, DRE #01320460

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.