1027 Pacific St, Santa Monica, CA 90405

Studio, 2,207 sqft
Sold: $1,097,000
Sold on 12/14/12
Zestimate®: $1,474,174
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Opportunity to own an amazing income property in a fabulous Santa Monica neighborhood! This charming Spanish is a great owner user investment located in the Sunset Park area of Santa Monica. The front home is a spacious 2 bedroom, 1.5 bath. It features beautiful arched windows, hardwood floors a quaint backyard & side garden. The master bedroom has French doors that leads to a private deck & patio space. The second unit is a 2 bedroom, 1.75 bath. The unit is perched on the 2nd floor above the garages. Very spacious private balcony that extends the length of the unit. Ample parking that includes 5 covered garages and 2 outdoor spaces. This property is seconds everything & only 10 blocks to the beach! Please do not disturb tenants/See Private Remarks.  MoreLess
 
Facts
  • Lot: 6,466 sqft
  • Multi Family
  • Built in 1963
  • Cooling: None
  • Heating: Other
  • Last sold: Dec 2012 for $1,097,000
  • Price/sqft: $497
Features
  • Fireplace
  • Lawn
  • Parking: Garage - Detached, 7 spaces
  • Patio
Appliances Included
  • Garbage disposal
  • Range / Oven
  • Refrigerator
Construction
  • Roof type: Other
  • # Stories: 1.0
  • Structure type: Spanish
  • Unit count: 2
Other
  • Floor size: 2,207 sqft
  • Parcel #: 4284014015
  • Zillow Home ID: 20480349
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$1,474,174
-$192,609 Last 30 daysd
$1.22M
$1.70M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,711/mo
-$102 Last 30 daysd
$2.1K
$7.4K
Zestimate range

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Neighborhood for 1027 Pacific Street

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Zillow predicts 90405 home values will rise 5.1% next year, compared to a 3.9% rise for Santa Monica as a whole. Among 90405 homes, this home is valued 20.7% more than the midpoint (median) home, but is valued 39.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 90405 market, the number of foreclosures waiting to be sold dropped 3.6% in the last year. The number of unsold foreclosures is 100% greater than in Santa Monica, and 79.1% less than the national average. This higher local number may prevent 90405 home values from rising as quickly as other regions in Santa Monica.

Learn more about forecast calculations or 90405 home values.
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