3 months on rocket

1427 15th St, Santa Monica, CA, 90404

$2,450,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
13 Baths
8,623 SqFt
$284/SqFt
House
Schools Nearby

Location

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1427 15th St, Santa Ana$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered
Year Built1968
HeatingWall Furnace
CoolingNone
MLS #23310071
Lot Size0.17 Acres
StatusActive

About 1427 15th St

PRICE REDUCED FOR FAST SALE! We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $757 for 1 bedroom units and $898 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are six vacant units (3 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 2
  • Living Area: 8,623 SqFt

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Benjamin J. Hsiang

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 18

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Century High School, Public District Grades 9-12
  • Hector G. Godinez, Public District Grades 9-12
  • Sierra Preparatory Academy, Public District Grades 6-8
  • Raymond A. Villa Fundamental Intermediate School, Public District Grades 6-8
  • Gonzalo Felicitas Mendez Fundamental Intermediate School, Public District Grades 5-8
  • John Muir Fundamental Elementary School, Public District Grades KG-5
  • Jim Thorpe Fundamental, Public District Grades KG-5
  • Greenville Fundamental Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: West on Santa Monica Blvd and South on 15th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $53,511
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Ana, CA.

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Santa Ana, CA

City

Med. Sold Price

$807.5K

Med. Price/SqFt

$572

Avg. Days On Market

36

# of Sold Homes

80

1427 15th St vs Santa Ana

97 DAYS ON ROCKET

+61 Days

$2,450,000

+$1.6M More

$284/SqFt

-$288 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $288/SqFt less than other homes in Santa Ana, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23310071

Listing Office:

  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Benjamin J. Hsiang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2015Home Sold
$4,000,000
Apr 03, 2014Home Sold
$3,355,000
Dec 13, 2012Home Sold
$2,600,000
Jun 03, 2010Home Sold
$1,930,000

Tax History

YEARPROP. TAXASSESSMENT
2021$53,511$4,442,104
2020$52,637$4,395,754
2019$49,491$4,309,564
2018$49,256$4,225,064
2017$49,256$4,142,220

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2883910
8
/10

  • John Muir Fundamental Elementary School

  • 1951 Mabury St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-2883911
5
/10

  • Jim Thorpe Fundamental

  • 2450 W Alton Ave

  • 4.90 miles

  • Public District Grades KG-5

school-card-donut-2883912
6
/10

  • Greenville Fundamental Elementary School

  • 3600 S Raitt St

  • 4.99 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2883913
2
/10

  • Sierra Preparatory Academy

  • 2021 N Grand Ave

  • 0.32 miles

  • Public District Grades 6-8

school-card-donut-2883914
3
/10

  • Raymond A. Villa Fundamental Intermediate School

  • 1441 E Chestnut Ave

  • 1.05 miles

  • Public District Grades 6-8

school-card-donut-2883915
6
/10

  • Gonzalo Felicitas Mendez Fundamental Intermediate School

  • 2000 N Bristol St

  • 2.19 miles

  • Public District Grades 5-8

High School

school-card-donut-2883916
2
/10

  • Century High School

  • 1401 S Grand Ave

  • 1.99 miles

  • Public District Grades 9-12

school-card-donut-2883917
7
/10

  • Hector G. Godinez

  • 3002 W Centennial Rd

  • 4.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,587. Residents of Santa Ana, CA typically earn less than $35k each year. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1427 15th St

What is the listing price of this property?

The listing price of 1427 15th St property is $2,450,000.

What type of property is this?

The property 1427 15th St is a house located in Santa Monica, California, 90404.

Is this property for sale now?

Active Listing: 1427 15th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1427 15th St are:
John Muir Fundamental Elementary School: GreatSchools Rating 8/10
Jim Thorpe Fundamental: GreatSchools Rating 5/10
Greenville Fundamental Elementary School: GreatSchools Rating 6/10
Sierra Preparatory Academy: GreatSchools Rating 2/10
Raymond A. Villa Fundamental Intermediate School: GreatSchools Rating 3/10
Gonzalo Felicitas Mendez Fundamental Intermediate School: GreatSchools Rating 6/10
Century High School: GreatSchools Rating 2/10
Hector G. Godinez: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $53,511 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 24, 2015 for $4,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1427 15th St has 18 bedrooms and 13 bathrooms.

What is the square footage of this property?

The property 1427 15th St is 8,623 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1427 15th St is 1968.

Rocket Homes›California›Orange County›Santa Ana›90404›1427 15th St

This home is located at 1427 15th St in Santa Monica, CA and zip code 90404 in the Marbury Park neighborhood. This 8,623 square foot home, which was built in 1968, sits on a 0.17 acre lot. Features: 18 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $2,450,000.

Over 38 listings were sold over their listed price in March 2024 in Santa Ana, CA. In the same period over 24 listings were sold below the listed price and 18 listings were sold for the listed price. The inventory of homes for sale in Santa Ana, CA between February 2024 and March 2024 increased by 4.6%. In March 2024 median list price was $807,571 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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