34
Baths
27,170 Sq. Ft.
$453 / Sq. Ft.
27,170
Sq. Ft.
$453
per Sq. Ft.

Description

" The Surfrider", a 22 unit beauty located at the intersection of 4th Street and Ashland in prime Ocean Park. Unit mix is a blend of 1,2 and 3 bedrooms, some units offer views of the Santa Monica Bay, Santa Monica mountains and Downtown LA. 34 onsite parking, security cameras, and solid glass security entry. Major system upgrades and unit renovations have been recently completed, elevator. plumbing, roof etc." The Surfrider", a 22 unit beauty located at the intersection of 4th Street and Ashland in prime Ocean Park. Unit mix is a blend of 1,2 and 3 bedrooms, some units offer views of the Santa Monica Bay, Santa Monica mountains and Downtown LA. 34 onsite parking, security cameras, and solid glass security entry. Major system upgrades and unit renovations have been recently completed, elevator. plumbing, roof etc.
  1. Listed by Allen Sarlo • DRE #00635905 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES
  2. Listed by Michael Sarlo • DRE #00432270 • Brokerage DRE #01164364 • REMAX COMMERCIAL & INVESTMENT REALTY

Property Details for 2901 4th Street

Zoning
SMOP2*
Parcel Number
4287026001
Total Units
22.0
Living Area
27170
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
0
Lot Size Area
15003
LISTING UPDATED: 06/17/2022 08:58 AM

Property Details for 2901 4th Street

StatusSold
MLS #22-163773
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.34 AC / 15,003 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Allen Sarlo, DRE #00635905; REMAX COMMERCIAL & INVESTMENT REALTY, Michael Sarlo, DRE #00432270

Sold By Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

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Building Information for 2901 4th Street

Stories-Residences-Year Built1972Building Size-Lot Size0.34 AC / 15,003 SF

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$73,421 per month

30 year fixed, 6.15% Interest

Principal and Interest

$59,948

Property Taxes

$13,473

HOA Dues

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Property Information for 2901 4th Street

Community / Development
Community / Development
  • Number Of Units: 22
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Flat
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right With Exception
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $818,892
  • Net Operating Income: $556,840.00
  • Gross Income: $818,892
  • Gross Scheduled Income: $818,892
  • Gross Rent Multiplier: $15.60
  • Lease Per Month Year: Full Term
  • Total Annual Expense: 262052
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3444
  • Lot Size Square Feet: 15003
Parking Details
Parking Details
  • Parking Garage: Community Garage
  • Total Parking: 34
  • Parking Features: Community Structure
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Forced Air
  • Cooling Type: Air Conditioning
  • Heating Type: Wall Gas
  • Flooring: Stone, Mixed, Wood
  • Equipment: Ceiling Fan, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Microwave, Intercom, Built-Ins
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-02-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,460.00
  • Unit Actual Rent: $4,460.00
  • Unit Projected Rent: $4,700.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,014.00
  • Unit Actual Rent: $4,014.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 7
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,495.00
  • Unit Actual Rent: $3,495.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,669.00
  • Unit Actual Rent: $2,669.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $3,573,547.00
  • Assessed Improvement Percent: 58.12
  • Assessed Land Value: $2,575,526.00
  • Assessed Land Percent: 41.88
  • Assessed Total Value: $6,149,073.00

Property History for 2901 4th Street

DateEvent & SourcePriceAppreciation
May 25, 2022

Sold

CLAW #22-163773

$12,300,000
May 25, 2022

Sold

CRMLS #22163773

$12,300,000
May 25, 2022

Sold

SDMLS #22-163773

$12,300,000
Mar 8, 2022

Sold (Public Record)

Public Record #1490565589

$12,300,000

+5.7% / yr

Feb 22, 2022

Pending

SDMLS #22-163773

Feb 22, 2022

Listed (Active)

SDMLS #22-163773

$12,500,000
Feb 22, 2022

Pending

CLAW #22-163773

Feb 22, 2022

Listed (Active)

CRMLS #22163773

$12,500,000
Feb 22, 2022

Listed (Active)

CLAW #22-163773

$12,500,000
Feb 10, 2005

Sold (Public Record)

Public Record #154087103

$4,775,000
Dec 31, 2004

Expired

CLAW #04-054816

$4,825,000
Nov 12, 2004

Listed (Active)

CLAW #04-054816

$4,775,000
DateEvent & SourcePrice
05/25/2022

Sold

CLAW #22-163773

$12,300,000
05/25/2022

Sold

CRMLS #22163773

$12,300,000
05/25/2022

Sold

SDMLS #22-163773

$12,300,000
03/08/2022

Sold (Public Record)

Public Record #1490565589

$12,300,000

+5.7% / yr

02/22/2022

Pending

SDMLS #22-163773

02/22/2022

Listed (Active)

SDMLS #22-163773

$12,500,000
02/22/2022

Pending

CLAW #22-163773

02/22/2022

Listed (Active)

CRMLS #22163773

$12,500,000
02/22/2022

Listed (Active)

CLAW #22-163773

$12,500,000
02/10/2005

Sold (Public Record)

Public Record #154087103

$4,775,000
12/31/2004

Expired

CLAW #04-054816

$4,825,000
11/12/2004

Listed (Active)

CLAW #04-054816

$4,775,000

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

Public Records for 2901 4th Street

Taxable ValueLand$9,126,388Additions$3,935,269Total$13,061,657
Tax Record2025$161,673 ($13,473 / month)
Home Facts
Total Finished SqFt27,170 SqFtAbove Grade Finished SqFt27,170 SqFtLot Size15,003 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningSMOP2*CountyLOS ANGELESAPN4287-026-001

Schools near 2901 4th 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
John Muir Elementary School
PublicK to 5

John Adams 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 RE/MAX ESTATE PROPERTIES, Allen Sarlo, DRE #00635905; REMAX COMMERCIAL & INVESTMENT REALTY, Michael Sarlo, DRE #00432270

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.