12 days on rocket

587 E Channel Rd, Santa Monica, CA, 90402

$4,450,000

3 Bedrooms
3 Full Baths
3,059 SqFt
$1,455/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1953
HeatingCentral
CoolingNone
FireplaceLiving Room
ViewNone
Private PoolYes
MLS #SB24244114
Lot Size0.69 Acres
StatusActive

About 587 E Channel Rd

Remarkable and coveted Santa Monica Canyon location. 30,000 square foot lot in one of the best locations in Santa Monica. There is a unique opportunity to build your dream home or work with the existing structures. There is a home and several ancillary structures and a pool creating a unique compound. Main house has 2 bedrooms, 3 baths, a large living room, dining area and family room. There is a separate rec room, separate studio apartment and separate storage room. There is also a bathroom and changing room off the pool. Driveway on the SW side to access the large 2 car garage. Trust will be reviewing offers Monday December 16th. Home is a trust sale with no court confirmation necessary. Buyer and buyer's agent to verify all information. Please note the showing instructions.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 3,059 SqFt

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: W Channel to E Channel

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,450,000
  • Price Per SqFt: $1,455/SqFt

Tax Information:

  • Annual Amount: $4,721
  • 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

33

# of Sold Homes

39

587 E Channel Rd vs Santa Monica

12 DAYS ON ROCKET

-21 Days

$4,450,000

+$2.5M More

$1,455/SqFt

+$349 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $349/SqFt more 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: #SB24244114

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

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: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,721$349,879
2020$4,592$346,292
2019$4,399$339,503
2018$4,313$332,847
2017$4,313$326,322

History based on county public records data.

Payment Calculator

$22.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.4K

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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-4291489
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.31 miles

  • Public Charter Grades KG-5

school-card-donut-4291490
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-4291491
8
/10
  • Palisades Charter Elementary

  • 800 Via De La Paz

  • 1.11 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $197,802. Residents of Santa Monica, CA typically earn $200k+ each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 E Channel Rd

What is the listing price of this property?

The listing price of 587 E Channel Rd property is $4,450,000.

What type of property is this?

The property 587 E Channel Rd is a house located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 587 E Channel Rd 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 $4,721 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 587 E Channel Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 587 E Channel Rd is 3,059 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 E Channel Rd is 1953.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90402587 E Channel Rd

This home is located at 587 E Channel Rd in Santa Monica, CA and zip code 90402 in the Pacific Palisades neighborhood. This 3,059 square foot home, which was built in 1953, sits on a 0.69 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $4,450,000.

In November 2024 more than 12 listings in Santa Monica, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Santa Monica, CA between October 2024 and November 2024 decreased by 4.4%. Listings spent 33 days on the market in November 2024, and had a median list price of $1,898,147 during the same period.

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

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