1118 3rd Street, Unit 502

Santa Monica, CA 90403

$1,775,000
Last Sold Price
2
Beds
2
Baths
1,501 Sq. Ft.
$1,183 / Sq. Ft.
1,501
Sq. Ft.
$1,183
per Sq. Ft.

Description

Charm and elegance meets incredible location. Walk a block to the Third Street Promenade to shop/eat or two blocks to Palisades Park to get Zen, exercise or walk your pooch. The neighborhood doesn't get any better than this. Large windows allow tons of natural light in. High living room ceilings and hardwood floors throughout give it charm and warmth. Galley kitchen with nice appliances and marble countertops. Master bedroom with large walk in closet and in suite bathroom. Second bedroom has lots...Charm and elegance meets incredible location. Walk a block to the Third Street Promenade to shop/eat or two blocks to Palisades Park to get Zen, exercise or walk your pooch. The neighborhood doesn't get any better than this. Large windows allow tons of natural light in. High living room ceilings and hardwood floors throughout give it charm and warmth. Galley kitchen with nice appliances and marble countertops. Master bedroom with large walk in closet and in suite bathroom. Second bedroom has lots of light and an adjacent bathroom and closet.
  1. Listed by Rhonda Kohn • DRE #01241664 • Brokerage DRE #01854200 • KW Advisors

Property Details for 1118 3rd Street, Unit 502

Water Front
None
Zoning
SMR3*
Style
High or Mid-Rise Condo
Cross Streets
Just north of Wilshire
Association Fee Frequency
Monthly
Parcel Number
4292021052
Total Units
43.0
Living Area
1501

Location

Listing Courtesy of KW Advisors, Rhonda Kohn, DRE #01241664

Sold By Sotheby's International Realty, Jeffrey Lemen, DRE #01314776

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LISTING UPDATED: 11/07/2023 05:34 PM

Property Details for 1118 3rd Street, Unit 502

StatusSold
MLS #23-280777
Days on Market145
Taxes-
HOA Fees$800 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1982
CountyLos Angeles County

Building

Wilshire Ocean Terrace

43 Units6 StoriesBuilt in 1982

Location

Listing Courtesy of KW Advisors, Rhonda Kohn, DRE #01241664

Sold By Sotheby's International Realty, Jeffrey Lemen, DRE #01314776

Add your commute

Virtual Tour

Building Information for 1118 3rd Street, Unit 502

Building/ComplexWilshire Ocean TerraceFloor5Stories6Residences43Pet PolicyAllowedYear Built1982

Payment Calculator

$11,196 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,687

Property Taxes

$709

HOA Dues

$800

The Payment Calculator is for illustrative purposes only.

Property Information for 1118 3rd Street, Unit 502

Community / Development
Community / Development
  • HOA Amount: $800
  • HOA: Yes
  • Complex Name: Wilshire Ocean Terrace
  • Number Of Units: 43
  • Pets Allowed: Assoc Pet Rules, Pets Permitted, Yes
  • Amenities: Elevator, Extra Storage, Clubhouse, Spa, Pool, Sauna, Guest Parking, Fitness Center, Security
  • Association Amenities: Clubhouse, Spa/Hot Tub, Pool, Sauna, Security
  • High Mid Rise Amenities: Trash Chute, Private Storage Lockers for Res, Lounge
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Condominium, High Rise, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 6
  • Unit Floor In Building: 5
  • Unit Location: SW.
  • Unit Number: 502
  • View: Yes
  • View Description: Ocean
  • View: Ocean
  • Planned Urban Dev: 0
  • Balcony: Yes
  • Entry Floor Number: 5
  • Security Features: Automatic Gate, Card/Code Access, Resident Manager
  • Direction Faces: South
  • Exposure: SW
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Financing: Cash To New Loan, Cash, Conventional
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Coastal Commission
  • Lot Acreage: 0.6889
  • Lot Size Square Feet: 30007
Parking Details
Parking Details
  • Parking Garage: Assigned, Side By Side, Controlled Entrance, Parking for Guests
  • Total Parking: 0
  • Covered Parking: 2
  • Parking Features: Assigned, Side by Side, Controlled Entrance, Guest
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Living Room
  • Levels: One
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Gas, Living Room
  • Fireplace Rooms: Gas, Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Kitchen Features: Marble Counters, Galley Kitchen
  • Common Walls: Attached
  • Laundry: In Unit
  • Eating Areas: Breakfast Area, In Kitchen
  • Eating Area: In Kitchen
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: In Ground, Community
  • Pool Features: In Ground, Community
  • Spa: Yes
  • Spa: In Ground
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Balcony
  • New Construction: No
  • Other Structural Features: End Unit
Lease Terms
Lease Terms
  • Entry Date: 06-14-2023

Property History for 1118 3rd Street, Unit 502

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1118 3rd Street, Unit 502

Taxable ValueLand$430,646Additions$254,944Total$685,590
Tax Record2023$8,512 ($709 / month)
Home Facts
Beds2Total Finished SqFt1,501 SqFtAbove Grade Finished SqFt1,501 SqFtLot Size30,007 SqFtStyleCondominiumYear Built1982ZoningSMR3*CountyLOS ANGELESAPN4292-021-052

Schools near 1118 3rd Street, Unit 502

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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Similar Sold 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Rhonda Kohn, DRE #01241664

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.