7 months on rocket

1124 7th St, Santa Monica, CA, 90403

$3,895,000

2 Bedrooms
1 Full Bath
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingOne Space
Year Built1907
FireplaceNone
MLS #24372053
Lot Size0.17 Acres
StatusActive

About 1124 7th St

Location Location Location! Prime Santa Monica Development Opportunity to build 4 Townhomes. APPROVED Vesting Tentative Map from the city of Santa Monica that has gone through the Historical Board as well. Currently tenant occupied till September 2024 and paying $8,000 per month. Just get your building permit and build 4 Townhomes each 2 bed 2 bath plus bonus room and 2 car parking, approximately 2500 sq feet each. Inquire for additional offering package. Incredible opportunity within close proximity to all Santa Monica has to offer !!! Please inquire about the offering package which includes the approved plans

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 0

Listing Office:

  • Office Name: Rodeo Realty- Brentwood
  • Office Phone: (310) 873-4100
  • Listing Agent: Darlene Hutton

Interior Features

Interior Information:

  • Interior: Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: One Space

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Located right off Wilshire Blvd, 5 blocks south of Montana Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,895,000

Tax Information:

  • Annual Amount: $31,356
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

1124 7th St vs Santa Monica

239 DAYS ON ROCKET

+198 Days

$3,895,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24372053

Listing Office:

  • Office Name: Rodeo Realty- Brentwood
  • Office Phone: (310) 873-4100
  • Listing Agent: Darlene Hutton

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: 11/21/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2019Home Sold
$2,550,000
Feb 25, 2014Home Sold
$1,221,000

Tax History

YEARPROP. TAXASSESSMENT
2021$31,356$2,627,946
2020$13,963$2,601,000
2019$15,261$1,315,492
2018$15,162$1,289,699
2017$15,162$1,264,412

History based on county public records data.

Payment Calculator

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

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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.

Nearby Schools

school-card-donut-391725
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-391726
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 1.11 miles

  • Public Charter Grades KG-5

school-card-donut-391727
7
/10
  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 1.32 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,494. Typical income of Santa Monica, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1124 7th St

What is the listing price of this property?

The listing price of 1124 7th St property is $3,895,000.

What type of property is this?

The property 1124 7th St is a house located in Santa Monica, California, 90403.

Is this property for sale now?

Active Listing: 1124 7th 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 $31,356 (source: MLS/based on county public records data).

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

The last sale was on April 18, 2019 for $2,550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1124 7th St has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1124 7th St is 1907.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica904031124 7th St

This home is located at 1124 7th St in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This home, which was built in 1907, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $3,895,000.

While more than 22 listings in Santa Monica, CA in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 33 were sold below. The number of homes for sale in Santa Monica, CA increased by 14% between September 2024 and October 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $1,840,000 during the same period.

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

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