925 Marine Street

Santa Monica, CA 90405

$1,425,000
Last Sold Price
3
Beds
2
Baths
1,013 Sq. Ft.
$1,407 / Sq. Ft.
1,013
Sq. Ft.
$1,407
per Sq. Ft.

Description

FIRST TIME ON MARKET, duplex with two separate structures on tree-lined Marine St. Front house has 2-BR and 1 bath and private driveway. Rear house is a studio with driveway from rear ally. The property offers investor the ability to live in one unit, and lease the other while developing for new homes or townhouses in this highly desirable Sunset Park. The front house is occupied but the property will be delivered VACANT. This will allow for easy development of the property per Santa Monica R2 requirements.FIRST TIME ON MARKET, duplex with two separate structures on tree-lined Marine St. Front house has 2-BR and 1 bath and private driveway. Rear house is a studio with driveway from rear ally. The property offers investor the ability to live in one unit, and lease the other while developing for new homes or townhouses in this highly desirable Sunset Park. The front house is occupied but the property will be delivered VACANT. This will allow for easy development of the property per Santa Monica R2 requirements.
  1. Listed by Robert Gomez • DRE #01876591 • Brokerage DRE #01509879 • Westside Property Group
  2. Listed by Ty Cueva • DRE #01509879 • Brokerage DRE #01509879 • Westside Property Group

Property Details for 925 Marine Street

Zoning
SMR2*
Style
A-Frame
Parcel Number
4285029014
Total Units
2.0
Living Area
1013
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
0

Location

Listing Courtesy of Westside Property Group, Robert Gomez, DRE #01876591; Westside Property Group, Ty Cueva, DRE #01509879

Sold By Key Home Group, Mila Evans, DRE #01263108

Add your commute
LISTING UPDATED: 08/02/2023 03:05 PM

Property Details for 925 Marine Street

StatusSold
MLS #23-268361
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.11 AC / 4,791 SF
CountyLos Angeles County

Location

Listing Courtesy of Westside Property Group, Robert Gomez, DRE #01876591; Westside Property Group, Ty Cueva, DRE #01509879

Sold By Key Home Group, Mila Evans, DRE #01263108

Add your commute

Building Information for 925 Marine Street

Stories1Residences-Year Built1923Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$8,087 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$310

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 925 Marine Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Separate
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $54,400
  • Net Operating Income: $35,000.00
  • Gross Income: $54,400
  • Gross Rent Multiplier: $29.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 18000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.11
  • Lot Size Square Feet: 4791
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 2
  • Covered Parking: 0
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: None
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Window Unit(s)
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Bamboo, Ceramic Tile
  • Equipment: Ceiling Fan, Dishwasher, Dryer
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Granite Counters
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Asphalt
  • Patio Features: Concrete Slab, Covered
  • Entry Location: Ground Level w/steps
  • Windows: Vertical Blinds
  • New Construction: No
  • Exterior Construction: Hard Coat
  • Foundation Details: Raised, Slab
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-25-2023
  • Garage Rental Rate: 0
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $39,732.00
  • Assessed Improvement Percent: 15.83
  • Assessed Land Value: $211,333.00
  • Assessed Land Percent: 84.17
  • Assessed Total Value: $251,065.00

Property History for 925 Marine 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 925 Marine Street

Taxable ValueLand$215,559Additions$40,526Total$256,085
Tax Record2023$3,723 ($310 / month)
Home Facts
Total Finished SqFt1,013 SqFtAbove Grade Finished SqFt1,013 SqFtLot Size4,791 SqFtStyleDuplexYear Built1923ZoningSMR2*CountyLOS ANGELESAPN4285-029-014

Schools near 925 Marine 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
Will Rogers Elementary School
PublicK to 5

John Adams 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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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 Westside Property Group, Robert Gomez, DRE #01876591; Westside Property Group, Ty Cueva, DRE #01509879

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.