Los Angeles County  »  90401  »  Ocean Ave  »  1740 Ocean Ave

1740 Ocean Avenue, Santa Monica, CA 90401 - Property report

Also known as: 1740 Ocean Ave

Property image for 1740 Ocean Avenue, Santa Monica, CA 90401
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Property type

Hotel - 50 Rooms and Over - One Story (1810)

Year built

1999

Acreage

1.424

General Information

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Address
Primary address
1740 Ocean Ave
Santa Monica, CA 90401
Zip code
90401
Neighborhood
Downtown Santa Monica
County
Los Angeles
Municipality
Santa Monica

Owner

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Building
Property type
Hotel - 50 Rooms and Over - One Story
Building sq. ft.
134,495
Buildings on lot
1
Stories
1
Year built
1999
Tax
Tax year
2026-2027
Property tax
$1,638,875
Zoning & use
Zoning
Qualified opportunity zone
Lot
Acreage
1.424

Area overview

Walk score
87 /100.  Very Walkable
Transit score
65 /100.  Good Transit
Bike score
78 /100.  Very Bikeable
School district
Santa Monica-Malibu Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for 1740 Ocean Avenue, Santa Monica, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1740 Ocean Avenue, Santa Monica, CA 90401

No recently recorded sales for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
09/11/2024 Release XXX XXXXXXXXXX XXX XXX X XXXXXXXXX XXXX XXXXX XXX
09/06/2024 Modify Mechanics Lien XXX X XXXXXXXXX XXXX XXXXX XXX XXX XXXXXXXXXX XXX
08/23/2024 Mechanics Lien XXX X XXXXXXXXX XXXX XXXXX XXX XXX XXXXXXXXXX XXX
08/02/2022 Trust Deed XXX XXXXX XXXXXXXXX XXXX XXXXX XXX XXXXXXX XXXXXXXX XXXX
07/05/2022 Subordination XXX XXXX XXXXX XXXXXX XXX
07/05/2022 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
XXX XXXX XXXXX XXXXXX XXX XXXXXXX XXXXXXXX XXXX
05/12/2021 Assignment of Lease
Assumption
(35 - Year lease reappraisal - 2 parcels in multiple sale)
XX XXXXX XXXXXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXXX XXX
07/22/2020 Modify Trust Deed XX XXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX
10/27/2015 Release XX XXXXX XXXXXX XXXXXXXXXXX
10/23/2015 Reconveyance
Substitution Trustee
XX XXXXX XXXXXXX XXXXXXXXXXX XX XXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1740 Ocean Avenue, Santa Monica, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$1,638,875
Current property tax
$1,654,747
Recent tax assessments
Market value
$136,141,772
Land value
$63,065,094
Building value
$73,076,678

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $133,472,326 1.2038 $1,606,740 +78.59%
2024-2025 $78,083,747 1.1522 $899,681 +1.61%
2023-2024 $76,552,694 1.1566 $885,408 +1.17%
2022-2023 $75,051,662 1.1661 $875,177 +2.33%
2021-2022 $73,580,062 1.1623 $855,221 +0.67%
2020-2021 $72,825,589 1.166555 $849,551 +2.98%
2019-2020 $69,997,684 1.178512 $824,931 +6.27%
2018-2019 $68,625,182 1.1311 $776,234 +0.35%
2017-2018 $67,279,592 1.1497 $773,505 +3.20%
2016-2017 $65,960,385 1.1363 $749,523 +1.29%

Special assessments & penalties for 1740 Ocean Avenue, Santa Monica, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
25280 Santa Monica Stormwater Mgmt Fee
25281 Santa Monica-Storm Water Special Tax
93172 Santa Monica/Malibu Unified Sch Dist. Measure R
06111 West Vector Mosquito

Permit information for 1740 Ocean Avenue, Santa Monica, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
06/20/2023
05/23/2023
02/15/2018

*Most recent permits on record for this property.

More about Los Angeles County property records

Santa Monica residential market stats

Access a detailed real estate market overview of Santa Monica so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Santa Monica and compare it to other neighborhoods in Los Angeles.

Median sale price

$1,625,000

-21.9% Y-o-Y

Median price/sq. ft.

$1,126

-8.4% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Santa Monica and see how their prices compare.

Demographics by ZIP code

Total population
8,101
Median age
36.9
Average household income
$157,482
Family households
23.3%
People per household (average)
1.51
Occupied housing units
5,256
Owner-occupied units
5.2%
Median year structure built
1994
Median value mortgaged units
$1,358,000
Median value unmortgaged units
$1,093,400

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 1740 Ocean Avenue, Santa Monica, CA 90401 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1740 Ocean Avenue, Santa Monica, CA 90401?

The development at 1740 Ocean Avenue, Santa Monica, CA 90401 was built in 1999.

What is the market value of 1740 Ocean Avenue, Santa Monica, CA 90401?

The current market value of 1740 Ocean Avenue, Santa Monica, CA 90401 is $133,472,326.

What is the total square footage of 1740 Ocean Avenue, Santa Monica, CA 90401?

1740 Ocean Avenue, Santa Monica, CA 90401 has a total of 134,495 square feet.

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