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1124 7Th St, Santa Monica, CA 90403
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1124 7Th St Santa Monica, CA 90403

$4,195,000
  • 2 Beds
  • 1 Baths
  • -- Sq.Ft.
For Sale
$4,195,000 Get Pre-Qualified
Map preview of 1124 7Th St, Santa Monica, CA 90403

Property Overview: 1124 7Th St Santa Monica, CA has 2 bedrooms, 1 bathrooms, -- living square feet and 7,513 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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

Listed by Darlene Hutton | BRE #01342721 | Rodeo Realty- Brentwood
Co-listed by Sergio Guadarrama Trejo | BRE #02147002 | Rodeo Realty- Brentwood
Last checked: 1 minute ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 26
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Home details

Lot Sq. Ft
7,513
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24372053
City
Santa Monica
County
Los Angeles
Time on Site
33 days

Open Houses for 1124 7Th St

No upcoming open houses

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Property Details for 1124 7Th St

Interior Features
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room, In Living Room
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Front Porch, Stone
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Parking Space
  • No Attached Garage
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 4292005004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located right off Wilshire Blvd, 5 blocks south of Montana Ave.
View more facts & features

Local Santa Monica Agent

Sale History for 1124 7Th St

Last leased for $8,050 on September 21st, 2023

  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: 24372053

    $4,195,000

    Price

  • September, 2023

  • Sep 21, 2023

    Date

    Leased

    CRMLS: 23308945

    $8,050

    Price

  • Sep 7, 2023

    Date

    Active

    CRMLS: 23308945

    $8,050

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled home in prime Wilshire Montana neighborhood of Santa Monica. On a huge lot north of Wilshire, this rare 3 bed (2 bed + loft) and 2 bath single family bungalow has a beautifully updated kitchen and bath with stainless steel appliances, inside laundry, and real hardwood floors throughout. This home is filled with natural light and ocean breezes that flow through lush and landscaped back and front yards. The big and private 2-car garage on the property can be used as an extra workspace or art studio. Located in the award-winning Roosevelt Elementary School district. Close to the beach, the best hotel in town Proper Hotel, Montana Ave, Third Street promenade, shops and dining, parks, farmer's markets, and the famous Santa Monica pier.

  • June, 2023

  • Jun 20, 2023

    Date

    Expired

    CRMLS: 23234263

    $4,195,000

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: 23234263

    $4,195,000

    Price

  • Listing provided courtesy of CRMLS

    Location, location location! Huge opportunity for developers to develop this prime Santa Monica home into 4 separate condos. Each unit roughly 2,300 sq feet with 2 car parking and bonus room. This project, designed by renowned architect Howard Laks, is fully approved by the City of Santa Monica Planning Commission and has received a Certificate of Appropriateness approval by the Landmarks Commission. The location is walking distance to all that Santa Monica has to offer. Please inquire on a full packet that can be emailed and showings upon presentation of offer.

  • August, 2022

  • Aug 1, 2022

    Date

    Leased

    CRMLS: 22171385

    $8,050

    Price

  • Jun 24, 2022

    Date

    Active

    CRMLS: 22171385

    $7,950

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled home in prime Wilshire Montana neighborhood of Santa Monica. On a huge lot north of Wilshire, this rare 3 bed (2 bed + loft) and 2 bath single family bungalow has a beautifully updated kitchen and bath with stainless steel appliances, inside laundry, and real hardwood floors throughout. This home is filled with natural light and ocean breezes that flow through lush and landscaped back and front yards. The big and private 2-car garage on the property can be used as an extra workspace or art studio. Located in the award-winning Roosevelt Elementary School district. Close to the beach, the best hotel in town Proper Hotel, Montana Ave, Third Street promenade, shops and dining, parks, farmer's markets, and the famous Santa Monica pier.

  • August, 2021

  • Aug 13, 2021

    Date

    Leased

    CRMLS: 21762434

    $7,450

    Price

  • Aug 6, 2021

    Date

    Pending

    CRMLS: 21762434

    $7,450

    Price

  • Jul 20, 2021

    Date

    Active

    CRMLS: 21762434

    $7,450

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled home in prime Wilshire Montana neighborhood of Santa Monica. On a huge lot north of Wilshire, this rare 3 bed (2 bed + loft) and 2 bath single family bungalow has a beautifully updated kitchen and bath with stainless steel appliances, inside laundry, and real hardwood floors throughout. This home is filled with natural light and ocean breezes that flow through lush and landscaped back and front yards. The big and private 2 car garage on the property can be used as an extra workspace or art studio. Located in the award-winning Roosevelt Elementary School district. Close to the beach, the beautiful Proper Hotel, Montana Ave, Third Street promenade, shops and dining, parks, farmer's markets, and the famous Santa Monica pier. Great opportunity to live in this dream home!

  • April, 2020

  • Apr 6, 2020

    Date

    Leased

    CRMLS: 20542874

    $7,450

    Price

  • Mar 10, 2020

    Date

    Pending

    CRMLS: 20542874

    $7,450

    Price

  • Feb 18, 2020

    Date

    Price Change

    CRMLS: 20542874

    $7,450

    Price

  • Jan 16, 2020

    Date

    Active

    CRMLS: 20542874

    $7,749

    Price

  • Listing provided courtesy of CRMLS

    Frolic in the grassy gardens of your very own Santa Monica Bungalow home. On a huge lot north of Wilshire, this rare 3 bed (2 bed + loft) and 2 bath single family bungalow has a beautifully updated kitchen and bath with stainless steel appliances, inside laundry, and real hardwood floors throughout. This home is filled with natural light and ocean breezes that flow through lush and landscaped back and front yards. The big and private 2 car garage on the property can be used as an extra work space or art studio. Located in the award-winning Roosevelt Elementary School district. Close to the beach, the brand new Proper Hotel, Montana Ave, Third Street promenade, shops and dining, parks, farmer's markets, and the famous Santa Monica pier.

  • January, 2020

  • Jan 7, 2020

    Date

    Canceled

    CRMLS: 19535932

    $7,995

    Price

  • Dec 12, 2019

    Date

    Active

    CRMLS: 19535932

    $7,995

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location! This remodeled 2 bed plus loft is the perfect place to call home and located within walking distance to the Beach, Shopping and restaurants. The new kitchen has stainless steel appliances and eat in breakfast bar, there are hardwood floors throughout and an open floor plan with lots of natural light. There is plenty of parking on site plus bonus room outside great for studio or work space. Hurry this will not last...

  • December, 2019

  • Dec 10, 2019

    Date

    Canceled

    CRMLS: 19506604

    $8,000

    Price

  • Nov 5, 2019

    Date

    Price Change

    CRMLS: 19506604

    $8,000

    Price

  • Oct 7, 2019

    Date

    Price Change

    CRMLS: 19506604

    $8,500

    Price

  • Sep 19, 2019

    Date

    Price Change

    CRMLS: 19506604

    $8,995

    Price

  • Sep 4, 2019

    Date

    Active

    CRMLS: 19506604

    $9,500

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location! This remodeled 2 bed plus loft is the perfect place to call home and located within walking distance to the Beach, Shopping and restaurants. The new kitchen has stainless steel appliances and eat in breakfast bar, there are hardwood floors throughout and an open floor plan with lots of natural light. There is plenty of parking on site plus bonus room outside great for studio or work space. Hurry this will not last...

  • May, 2019

  • May 8, 2019

    Date

    Sold

    CRMLS: 19444468

    $2,550,000

    Price

  • Mar 26, 2019

    Date

    Active Under Contract

    CRMLS: 19444468

    $2,550,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: 19444468

    $2,550,000

    Price

  • Listing provided courtesy of CRMLS

    The subject property is a historical home with potential to rehabilitate the existing cottage on the property and add 3 units as per plans. The comparables used to evaluate the property are recent townhome sales in the area. The comparable with the most effective data to project a value is 954-956 A-C 5th St. This property had development potential at the time of sale, the existing historic home on the property was rehabilitated and the developer added 3 additional units all approximately the same size as our subject property's architectural assumptions. Condominiums in this highly desired pocket of Santa Monica sell for $2,500,000 on average, and a developer would have the opportunity to build 3 more units behind the existing cottage and later sell all four (4) condos for a total of $10,000,000. This is a huge spread and a great value-add opportunity for any developer to capitalize on the hot condominium market in Santa Monica.

  • April, 2019

  • Apr 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,550,000

    Price

  • July, 2016

  • Jul 15, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1124 7Th St

Assessed Value (2020): $2,601,000
Year Land Value Improved Value Assessed Value
2020 $2,080,800 $520,200 $2,601,000

Home Value Compared to the Market

This property vs the competition

1124 7Th St is listed 100.24% higher than the median list price for the city of Santa Monica which has a median list price of $2,095,000.

About 1124 7Th St

Detailed summary of property

1124 7Th St is a single family home located in Santa Monica, CA 90403 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly -- living square feet, and sits on an approximately 7,513 square foot lot. 1124 7Th St was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $4,195,000. The median priced home in Santa Monica is $2,095,000 with a median price per square foot of $1,206. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is listed 100.24% higher than the median priced home. Local competing homes currently for sale include 645 Walther Way, 714 Claymont Dr and 1912 Federal Ave. While the average home in Santa Monica, CA is selling in 124 days, 1124 7Th St has a days on market of 26 days. There are currently 236 homes for sale in the Santa Monica real estate market and 91 of them are single family homes while 105 of them are condos and 40 are townhomes. For more information on this home for sale at 1124 7Th St Santa Monica, CA 90403 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 1124 7Th St

Public county record property details
Beds
2
Baths
1
Year built
1907
Sq. Ft.
1,256
Lot Size
7,511
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
E
APN
4292-005-004

The source for these homes facts are from public records.

90403 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,698,000
Median List Price/Sq.Ft.
$1,095
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$1,147
Total Inventory
61
Median Sale to List Price %
101.18%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Santa Monica Agent
Call, Text or Message
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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