Los Angeles County  »  90403  »  Ocean Ave  »  1025 Ocean Ave

1025 Ocean Avenue, Santa Monica, CA 90403 - Property report

Also known as: 1025 Ocean Ave

Property image for 1025 Ocean Avenue, Santa Monica, CA 90403
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Property type

Five or More Apartments or Units - 4 Stories or Less with Pool (0501)

Year built

1961

Acreage

0.344

Sale price

$25,000,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1025 Ocean Ave
Santa Monica, CA 90403
Alternate address(es)
1025 E Ocean Ave
Zip code
90403
Neighborhood
Wilshire - Montana
County
Los Angeles
Municipality
Santa Monica

Owner

Find out who owns 1025 Ocean Avenue, Santa Monica, CA 90403. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less with Pool
Building sq. ft.
35,857
Buildings on lot
1
Stories
4 or less
Year built
1961
Last altered
1975
Sales
Sale date
10/04/2019
Sale price
$25,000,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$335,761
Zoning & use
Zoning
Qualified opportunity zone
Units
20
Lot
Acreage
0.344

Area overview

Walk score
81 /100.  Very Walkable
Transit score
71 /100.  Excellent Transit
Bike score
73 /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

Ownership information for 1025 Ocean Avenue, Santa Monica, CA

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

Sales history for 1025 Ocean Avenue, Santa Monica, CA 90403

Sale date Sale price Buyer name Seller name
10/04/2019 $25,000,000 XX-XXXXXXXX XXXXXX XX XXXXX XXX XXXX XXXXX XXXXXX XXXXXXXX XXX
05/25/2016 $22,756,000 XXXX XXXXX XXXXXX XXX; XXXX XXXXXXXXXX XXXXXX XXX XXXX XXXXXXXXXX XXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
05/24/2023 Reconveyance
Substitution Trustee		 XXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
01/07/2022 Reconveyance XXXXXXX XXXXXX XXXXXXXX XXX XX-XXXXXXXX XXXXXX XX XXXXX XXX
12/23/2021 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XX-XXXXXXXX XXXXXX XX XXXXX XXX XXXXXXX XXXXXXXX XXXXXXXXXXX
05/12/2020 Assignment of Rents
Financing Statement
Trust Deed		 XX-XXXXXXXX XXXXXX XX XXXXX XXX XXXXX XXXXXXXXXX XXXX
12/31/2019 Notice Default XXX XXXXXXXX XXXX
12/31/2019 Substitution Trustee XXXX XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXX
12/30/2019 Notice Default XXXX XXXXX XXXXXX XXXXXXXX XXX
12/30/2019 Substitution Trustee XXXX XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXX
12/30/2019 Notice Default XXXX XXXXX XXXXXX XXXXXXXX XXX
12/30/2019 Substitution Trustee XXXX XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1025 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
2025-2026
Base tax
$335,761
Current property tax
$341,168
Recent tax assessments
Market value
$27,891,771
Land value
$18,963,821
Building value
$8,927,950

More about Los Angeles County property taxes

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 $27,891,771 1.2038 $335,761 +6.57%
2024-2025 $27,344,949 1.1522 $315,069 +1.61%
2023-2024 $26,808,849 1.1566 $310,071 +1.17%
2022-2023 $26,283,261 1.1661 $306,489 +2.33%
2021-2022 $25,767,979 1.1623 $299,501 +0.67%
2020-2021 $25,503,800 1.166555 $297,516 +6.61%
2019-2020 $23,679,142 1.178512 $279,062 +4.19%
2018-2019 $23,679,142 1.1311 $267,840 +0.35%
2017-2018 $23,214,920 1.1497 $266,899 +528.28%
2016-2017 $3,738,457 1.1363 $42,481 +1.29%

Special assessments & penalties for 1025 Ocean Avenue, Santa Monica, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
00177 Safe, Clean Water Program Funding Measure W
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
Permits

Permit information for 1025 Ocean Avenue, Santa Monica, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
02/05/2026
12/09/2025
03/18/2025
08/26/2021
12/13/2018

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

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
23,867
Median age
44.2
Average household income
$173,518
Family households
38.9%
People per household (average)
1.79
Occupied housing units
13,165
Owner-occupied units
26.2%
Median year structure built
1967
Median value mortgaged units
$1,578,200
Median value unmortgaged units
$1,499,400

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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
View daily traffic map

Access the detailed traffic volume map for 1025 Ocean Avenue, Santa Monica, CA 90403 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 1025 Ocean Avenue, Santa Monica, CA

978 Palisades Beach Rd, Santa Monica 123 California Ave, Santa Monica 1038 2nd St, Santa Monica 1042 2nd St, Santa Monica 1032 2nd St, Santa Monica 1028 2nd St, Santa Monica 1022 2nd St, Santa Monica 120 Washington Ave, Santa Monica 1020 Palisades Beach Rd, Santa Monica 940 Palisades Beach Rd, Santa Monica 1017 Ocean Ave, Santa Monica 966 Palisades Beach Rd, Santa Monica 964 Palisades Beach Rd, Santa Monica 1133 Ocean Ave, Santa Monica 1022 Palisades Beach Rd, Santa Monica 944 Palisades Beach Rd, Santa Monica 1024 Palisades Beach Rd, Santa Monica 938 Palisades Beach Rd, Santa Monica 1045 Ocean Ave, Santa Monica 1008 2nd St, Santa Monica

Nearby ZIP codes for 1025 Ocean Avenue, Santa Monica, CA

90024, Los Angeles County, CA 90034, Los Angeles County, CA 90049, Los Angeles County, CA 90064, Los Angeles County, CA 90073, Los Angeles County, CA 90095, Los Angeles County, CA 90291, Los Angeles County, CA 90401, Los Angeles County, CA 90402, Los Angeles County, CA 90404, Los Angeles County, CA 90405, Los Angeles County, CA

Frequently asked questions

What is the year built for 1025 Ocean Avenue, Santa Monica, CA 90403?

The development at 1025 Ocean Avenue, Santa Monica, CA 90403 was built in 1961.

What is the total square footage of 1025 Ocean Avenue, Santa Monica, CA 90403?

1025 Ocean Avenue, Santa Monica, CA 90403 has a total of 35,857 square feet.

When was 1025 Ocean Avenue, Santa Monica, CA 90403 last sold and what was the sale price?

1025 Ocean Avenue, Santa Monica, CA 90403 was last sold on 10/04/2019 for $25,000,000.

What is the assessed value of 1025 Ocean Avenue, Santa Monica, CA 90403?

1025 Ocean Avenue, Santa Monica, CA 90403 is currently assessed at $27,891,771.

What are the property taxes for 1025 Ocean Avenue, Santa Monica, CA 90403?

The property taxes for 1025 Ocean Avenue, Santa Monica, CA 90403 total $335,761.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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