101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1245 Per Sq Ft plus homeowners dues averaging $1587. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.
Property Details
Property Features
Property Information:
Year Built: 1955
Stories: 2
Living Area: 5,728 SqFt
Listing Office:
Office Name: Lambert Investments, Inc.
Office Phone: (310) 453-9656
Listing Agent: Francyne Lambert
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 9
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: None
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: On the corner of Ocean Ave and Strand Street.
Price Information
Listing Price Info
Price Summary:
List Price: $5,595,000
Price Per SqFt: $977/SqFt
Tax Information:
Annual Amount: $51,077
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $3.6M more than the Median Sold Price and $129/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24462503
Listing Office:
Office Name: Lambert Investments, Inc.
Office Phone: (310) 453-9656
Listing Agent: Francyne Lambert
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: 12/22/2024, 2:20:57 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
DATE
EVENT
PRICE
Jan 06, 2011
Jan 06, 2011Home Sold
$3,600,000
Mar 27, 2006
Mar 27, 2006Home Sold
$2,300,000
Sep 01, 1999
Sep 01, 1999Home Sold
$1,175,000
Jul 31, 1997
Jul 31, 1997Home Sold
$803,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$51,077
$4,262,713
2020
$50,244
$4,217,303
2019
$47,272
$4,134,611
2018
$47,045
$4,053,541
2017
$47,045
$3,974,061
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Will Rogers Learning Community
2401 14th St
Distance between this listing and this school1.11 miles
Public District Grades KG-5
5
/10
Westminster Avenue Elementary
1010 Abbot Kinney Blvd
Distance between this listing and this school1.24 miles
Public District Grades KG-5
8
/10
Broadway Elementary School
1015 Lincoln Blvd
Distance between this listing and this school1.58 miles
Public District Grades KG-5
Nearby Schools
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school0.40 miles
Public District Grades KG-8
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.24 miles
Public District Grades 6-8
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school1.75 miles
Public District Grades 6-8
Nearby Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.52 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school0.60 miles
Public District Grades 9-12
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $103,652. The most common annual income of people living in Santa Monica, CA is $200k+. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 101 Strand St
What is the listing price of this property?
The listing price of 101 Strand St property is $5,595,000.
What type of property is this?
The property 101 Strand St is a house located in Santa Monica, California, 90405.
Is this property for sale now?
Active Listing: 101 Strand St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $51,077 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 6, 2011 for $3,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 101 Strand St has 9 bedrooms and 9 bathrooms.
What is the square footage of this property?
The property 101 Strand St is 5,728 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 101 Strand St is 1955.
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This home is located at 101 Strand St in Santa Monica, CA and zip code 90405 in the Ocean Park neighborhood. This 5,728 square foot home, which was built in 1955, sits on a 0.12 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $5,595,000.
While more than 12 listings in Santa Monica, CA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 24 were sold below. Between October 2024 and November 2024, Santa Monica, CA real estate market has seen decrease in the number of listings by 4.4%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $1,898,147.
From Rocket Homes Real Estate and based on county public records data.
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. 
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