153 W Channel Rd #157 Santa Monica, CA 90402

$--

-- Beds
-- Baths
-- Sq.Ft.

Off Market

Map preview of 153 W Channel Rd #157, Santa Monica, CA 90402

Property Overview: 153 W Channel Rd #157 Santa Monica, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,487 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

153 W Channel Rd #157 is currently an off market home in the city of Santa Monica. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Monica has a median list price of $1,995,000. The median price per/sqft for Santa Monica is $1,165. With those numbers in mind, if you are looking to purchase a median priced home in Santa Monica, CA and put 20% down you will need to save up $399,000 for the down payment and will need roughly $39,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Monica the commission could be as much as $71,450. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 153 W Channel Rd #157

Last sold on April 18th, 2017

March, 2024
Mar 15, 2024

Date

Expired

CRMLS: 23250935

$1,495,000

Price
Mar 15, 2023

Date

Active

CRMLS: 23250935

$1,495,000

Price
Listing provided courtesy of CRMLS

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Potential to build 30-59 Units.Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units.The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1300 sq ft (Owners Home) vacant at close of escrow with projected rent of $90,000 yearly.Additional vacant 4488 sq ft lot being used as a garden.Preliminary Development feasibility for the property has been conducted.

Continue Reading
April, 2017
Apr 18, 2017

Date

Sold (Public Records)

Public Records

--

Price
December, 2016
Dec 8, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 153 W Channel Rd #157

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$46,376	--	--

About 153 W Channel Rd #157

Detailed summary of property

153 W Channel Rd #157 is categorized with a use code of Residential-Vacant Land in Santa Monica, CA 90402 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,487 square foot lot. Homes in Santa Monica are selling for a median price of $1,429,000 and a median price per square foot of $1,073. Local nearby listings include 204 S Canyon View Dr, 1701 Westridge Rd and 260 S Canyon View Dr. The average home in Santa Monica, CA is selling in 127 days. There are currently 286 homes for sale in the Santa Monica real estate market and 113 of them are single family homes while 134 of them are condos and 39 are townhomes. If you are the homeowner and looking to sell the home at 153 W Channel Rd #157 Santa Monica, CA 90402 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 153 W Channel Rd #157

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 4,487
Stories: --

Type: Residential-Vacant Land
Pool: No
Spa: No
County: Los Angeles
Lot#: 193
APN: 4410-012-023

The source for these homes facts are from public records.

90402 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$3,995,000

Median List Price/Sq.Ft.

$1,450

Median Sold Price

$3,200,000

Median Sold Price/Sq.Ft.

$1,252

Total Inventory

Median Sale to List Price %

106.7%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

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