825 15th Street

Santa Monica, CA 90403

$3,098,000
Price
6
Beds
4.5
Baths
2,981 Sq. Ft.
$1,039 / Sq. Ft.
2,981
Sq. Ft.
$1,039
per Sq. Ft.

Description

Extraordinary Santa Monica location, on the highly sought-after 15th Street, just south of popular, upscale Montana Avenue, sits a legacy compound, the first time on the market since 1985. Exceptional opportunity for Owner-users, Builders, and Investors with this 7,496 sq. ft. lot and 3 individual buildings on the property. The first building is a traditional Spanish single-story, 3-bedroom, 1.5-bath home set behind tall landscaping, creating a beautiful, secluded front yard. The second building...Extraordinary Santa Monica location, on the highly sought-after 15th Street, just south of popular, upscale Montana Avenue, sits a legacy compound, the first time on the market since 1985. Exceptional opportunity for Owner-users, Builders, and Investors with this 7,496 sq. ft. lot and 3 individual buildings on the property. The first building is a traditional Spanish single-story, 3-bedroom, 1.5-bath home set behind tall landscaping, creating a beautiful, secluded front yard. The second building is a free-standing separate one-bedroom, one-bath casita apartment at the end of the long driveway, ideal for additional parking. At the back of the property sits the 3rd structure, which includes two upper 1 bedroom & 1 bath apartments with hardwood floors and plenty of natural light with windows on three sides. Below are 5 private garages, a community laundry, and an oversized storage room. The property has a spacious, well-maintained yard with lush landscaping, and a separate courtyard, a quiet retreat to enjoy the garden. The main home and two apartments will be delivered vacant.

Listing Agent

  1. Magda Rodriguez

    Magda Rodriguez

    Listing Agent

    Compass

    DRE #00837207

Property Details for 825 15th Street

Zoning
SMR2*
Parcel Number
4281008020
Total Units
4.0
Living Area
2981
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
3
Lot Size Area
7498
LISTING UPDATED: 11/11/2024 11:22 AM

Property Details for 825 15th Street

StatusActive Under Contract
MLS #24-451249
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.17 AC / 7,498 SF
CountyLos Angeles County
Compensation RemarksSeller agrees to consider fulfilling the Buyer’s obligation to pay Buyer’s Broker if requested by Buyer in the Residential Purchase Agreement at an amount agreeable to Seller subject to Seller approval of the terms & conditions in Purchase Agreement.

Building Information for 825 15th Street

Stories-Residences-Year Built1949Building Size-Lot Size0.17 AC / 7,498 SF

Property Information for 825 15th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Fourplex
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1721
  • Lot Size Square Feet: 7498
Parking Details
Parking Details
  • Parking Garage: Private Garage, Driveway - Concrete, Garage - 4+ Car
  • Total Parking: 5
  • Garage Spaces Total: 5
  • Parking Features: Private, Concrete
Interior Features
Interior Features
  • Levels: One, Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: Garbage Disposal, Refrigerator, Range/Oven, Gas Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $7,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,046.00
  • Unit Actual Rent: $1,046.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Disposal: 1
  • Number Range: 3
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $130,139.00
  • Assessed Improvement Percent: 25.66
  • Assessed Land Value: $377,067.00
  • Assessed Land Percent: 74.34
  • Assessed Total Value: $507,206.00

Property History for 825 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 825 15th Street

Taxable ValueLand$384,608Additions$132,741Total$517,349
Tax Record2024$7,128 ($594 / month)
Home Facts
Total Finished SqFt2,981 SqFtAbove Grade Finished SqFt2,981 SqFtLot Size7,496 SqFtStyleQuadraplexYear Built1949ZoningSMR2*CountyLOS ANGELESAPN4281-008-020

Schools near 825 15th 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 - 9 to 12
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

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 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 Compass, Magda Rodriguez, DRE #00837207

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.