Santa Monica Dirt by John Hathorn February 16th, 2012
There are several properties either listed, sold or closed in the 90402 North of Montana Ave. market to write about this week. Two of them are new listings being offered for land value, one with plans for a new home on a Gillette’s Regent 60 X 149’ lot and another on a 50 X 150 lot. I predict both will be sold before the end of next week as the market continues its steady pace. Even developers are calling to look at spec home project sites – a clear sign of confidence among buyers.
Update on our 339 20th Street house that we brought to the market last week. Over 175 people have been to the property in the past 10 days. Offers are due in our Montana Ave office no later than Friday 2/17/2012. We expect there will be at least 10 offers and the kicker is that all of the people that appear serious about buying the home plan to renovate – not tear down.
Active/ Available New Listings
409 21st St. – 2bd + 2ba. $2,195,000. New Listing. A Great location, 60 x 149 foot lot, includes plans for a new home. 
417 Euclid St.- 2bd + 1ba. $1,688,000. New Listing. Great price for this apx. 7,500 foot, land value development site.
509 21st Pl. – 6bd + 5.5ba. $3,995,000. New Listing by Pence Hathorn Silver. The lowest price ever offered for this “like-new” contemporary 3-level home (see photo on the right).
New Sales (Now In Escrow/ Sale Pending)
522 25th St.– 5bd + 7ba. $3,000,000. Foreclosure
Sold/ Closed
1105 Georgina Ave. – 4bd + 4.5ba. $3,105,000. Sold in less than two weeks. I feel that this home will prove to be the best buy of all in 2012. Apx. 14,000+ sq. ft. lot, easy home to refurbish, trophy street.
680 San Lorenzo St. – 3bd + 2.5ba. $2,997,000. Sold by Pence Hathorn Silver. Sold in less than a month. Great floor plan and supreme Santa Monica Canyon location.
Pence Hathorn Silver Active Properties:
101 17th St. – 6bd + 8.5ba – $7,350,000
509 21st Pl. – 6bd + 5.5ba – $3,995,000
401 18th St. – 4bd + 4.5ba – $3,400,000
551 Lincoln Blvd. – 5bd + 4.5ba – $3,145,000
33 26th Ave. – 5bd + 5ba – $2,799,000
733 19th St. – 3bd + 2.5ba – $2,595,000
339 20th St. – 4bd + 3.5ba – $2,095,000
2060 Benedict Canyon Dr – 3bd + 2.5ba – $1,249,000
3002 3rd St. #206 – 2bd + 2.5ba – $899,000
1658 Camden Ave. #306 – 2bd + 2ba – $589,000
1436 20th St. #10 – 2bd + 2.5ba – $585,000
Search for more homes, see real time analytics and learn about the North Santa Monica / North of Montana Ave community on our North of Montana blog.
And please call me at (310) 458-4024 with any questions.
