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Sold for $5,900,000 · Oct 2022

SOLD

Listed at $6,100,000

Sold

1537 15TH Street, Santa Monica, CA 90404

Santa Monica, CA

MLS# 22131679

8,621 Sq Ft • Property20bd • 16ba
102 days on market

Listing Agent

Chase Simonton

Listing Agent

RE/MAX One

DRE #: 01766871

Brokerage: RE/MAX One

Property Details

20

Bedrooms

16

Bathrooms

8,621 sqft

Square Feet

1990

Year Built

7,497 sqft

Lot Size

$684

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

1537 15th is a trophy property located in prime Santa Monica and constructed in 1990. The unit mix is comprised of huge 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer/dryer, gas fireplace, patio and balcony. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to college students as it is less than one mile to Santa Monica Community College (SMC). Due to the property being built in 1990, you are not subject to Santa Monica's oppressive rent control. The building is only subject to California AB 1482 rent control laws.The building is fully occupied, so please do not disturb the tenants

Listing description from the October 2022 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir
Heating
Central

Sale history for 1537 15TH Street

3 recorded sales

$5,900,000
Sold October 2022 · listed $6,100,000, on market February 2022, 102 days on market · MLS #22131679 · Source: CRMLS
Listing Agent: Chase Simonton · Listing Office: RE/MAX One · Contact: 818-366-3300 · Bought with: Chase Simonton · RE/MAX One
$5,600,000
Sold September 2019 · listed $5,900,000, on market August 2018, 63 days on market · MLS #18373298 · Source: CRMLS
Listing Agent: Jeffrey Louks · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeffrey Louks · Marcus & Millichap
$5,340,000
Sold September 2017 · listed $5,095,000, on market May 2017, 44 days on market · MLS #17235228 · Source: CRMLS
Listing Agent: Laurie Lustig · Listing Office: Laurie J. Lustig · Contact: 310-550-2500 · Bought with: Laurie Lustig · Laurie J. Lustig

How this sale compares

1537 15TH Street sold for $5,900,000 in October 2022, 3.3% under its $6,100,000 list price, after 102 days on the market. That works out to $684 per square foot on 8,621 square feet. Across 49 closed sales in 90404 over the last 12 months, the median sold price is $1,125,000 and the median is $819 per square foot, 20% above this sale's $684.

$684
This sale, per sq ft
$819
90404 median per sq ft (12 mo)
$1,125,000
90404 median sold price (12 mo)
49
Closed sales in 90404 (12 mo)
102
Days on market
−3.3%
Sold vs. list price
QuarterClosed sales in 90404Median sold price
Q1 20266$1,025,000
Q2 202625$1,345,000
Q3 202616$1,100,000
Q4 20262$4,100,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90404

Recent sales near 1537 15TH Street

Closed sales reported in 90404, nearest first, last 12 months. All recent sales in Santa Monica →

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