1302 Yale Street

Santa Monica, CA 90404

$1,950,000
Price
2
Beds
1
Bath
1,010 Sq. Ft.
$1,931 / Sq. Ft.
1,010
Sq. Ft.
$1,931
per Sq. Ft.

Description

Charming home on a large corner lot in prime Santa Monica! This charming single family home offers a thoughtfully designed floor plan, featuring a spacious living room bathed in natural light, a formal dining room that sets the stage for memorable gatherings, and a generous kitchen with stainless steel appliances, ensuring both functionality and comfort. Escape to the enchanting private backyard oasis that provides the perfect backdrop for alfresco dining, leisurely afternoons, and year-round California...Charming home on a large corner lot in prime Santa Monica! This charming single family home offers a thoughtfully designed floor plan, featuring a spacious living room bathed in natural light, a formal dining room that sets the stage for memorable gatherings, and a generous kitchen with stainless steel appliances, ensuring both functionality and comfort. Escape to the enchanting private backyard oasis that provides the perfect backdrop for alfresco dining, leisurely afternoons, and year-round California living at its finest. Located just moments away from LA's vibrant dining, shopping, Farmers Markets, and grocery stores like Erewhon, Whole Foods, Trader Joes, and Bristol Farms, every convenience is at your fingertips. Plus, families will appreciate the proximity to Santa Monica's top-rated schools, ensuring a quality education for young learners. Plus, explore the added opportunity of converting the garage into an Accessory Dwelling Unit (ADU), providing additional living space or rental income. Huge Development/Investment Potential: Build up to a 13-unit apartment/condo building on the site with the application of the State Density Bonus Law and State Multifamily ADU Law. Because this property qualifies for the State Density Bonus Law, a developer could build up to 4 stories (instead of 2) and get significantly reduced setbacks on all sides. Because the property is on a corner with an alley, any development would be open on 3 sides - allowing for great sunlight and unobstructed views. Because the development would be replacing a single family home that is not subject to rent control, the new development would also be exempt from both city and state rent control - a huge and rare advantage in a jurisdiction like Santa Monica. This property has the potential to be a true trophy asset and cash cow in one of the strongest rental markets in the nation.
  1. Listed by Daniel Galdjie • DRE #02033945 • Brokerage DRE #02033945 • Cyrus Pacific Realty, Inc.
  2. Listed by Azad Naim • DRE #02152637 • Brokerage DRE #01854200 • KW Advisors

Property Details for 1302 Yale Street

Zoning
SMR2*
Style
Contemporary
Parcel Number
4267010031
Living Area
1010
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Lot Size Area
6219
Source Lot Size Area
Vendor Enhanced

Open Houses

Saturday, May 4th

1:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Cyrus Pacific Realty, Inc., Daniel Galdjie, DRE #02033945; KW Advisors, Azad Naim, DRE #02152637
Add your commute
LISTING UPDATED: 05/02/2024 10:06 AM

Property Details for 1302 Yale Street

StatusActive
MLS #24-381807
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1941
Lot Size0.14 AC / 6,219 SF
CountyLos Angeles County

Location

Listing Courtesy of Cyrus Pacific Realty, Inc., Daniel Galdjie, DRE #02033945; KW Advisors, Azad Naim, DRE #02152637
Add your commute

Building Information for 1302 Yale Street

Stories-Year Built1941Building Size-Lot Size0.14 AC / 6,219 SF

Payment Calculator

$12,281 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,642

Property Taxes

$1,639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1302 Yale Street

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • View: Yes
  • View Description: Tree Top
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1428
  • Lot Size Square Feet: 6219
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom
  • Rooms: Dining Area, Living Room, Master Bedroom
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Hardwood
  • Equipment: Dishwasher, Range/Oven, Washer, Microwave, Dryer, Freezer
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit, Inside, Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-24-2024

Property History for 1302 Yale 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 1302 Yale Street

Taxable ValueLand$1,135,271Additions$494,053Total$1,629,324
Tax Record2023$19,664 ($1,639 / month)
Home Facts
Beds2Total Finished SqFt1,010 SqFtAbove Grade Finished SqFt1,010 SqFtLot Size6,217 SqFtStyleSingle Family ResidenceYear Built1941ZoningSMR2*CountyLOS ANGELESAPN4267-010-031

Schools near 1302 Yale 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
McKinley 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.

Similar Homes

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Similar Sold Homes

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1302 Yale Street is a single family home for sale in Santa Monica, CA 90404. This property was listed for sale on April 24, 2024 by Cyrus Pacific Realty, Inc., it's currently listed at $1,950,000. It has been on the market for a total of 11 days and was last sold on December 4, 2018. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include McKinley Elementary School, Lincoln Middle School and Santa Monica High School. 1302 Yale Street is a 2-bed, 1-bath, 1,010 sqft single family home built in 1941.

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 Cyrus Pacific Realty, Inc., Daniel Galdjie, DRE #02033945; KW Advisors, Azad Naim, DRE #02152637

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.