Santa Monica Dirt by John Hathorn February 16th, 2012
Active/ Available New Listings
New listings continue to come and go at about the same pace as the past weeks (2 -3 new listings and 2-3 sales each week since the first of the new year). The “feel” of the market is brisk, with multiple offers on anything priced properly, meaning Buyers recognize when a property is poised to sell and they are not shy about stepping up with their purchase offers immediately. This amount of activity should continue to firm the market as each closed sale becomes a data point for the next.
427 21st St. – 5bd + 4.5ba. $3,575,000. New Listing. Seems to be very good value. Custom home remodeled in 2008, apx. 4,800 sq. ft. on an apx. 8,900 sq. ft. lot. 60X149 lot.
555 26th St.- 4bd + 4ba. $1,950,000. New Listing. Spanish style home. Great opportunity to rehab or build new. A few blocks from the Brentwood Country Club.
412 7th St.– 3bd + 1.75ba. $1,195,000. New Listing by Pence Hathorn Silver. 
This home is priced to sell quickly (see photo on the right). Great value, north of Montana, authentic, Mid-century, modern, 3 bedroom, 1.75 baths, needs updating but at this price, well worth it.
New Sales (Now In Escrow/ Sale Pending)
428 14th St.– 3bd + 1ba. $1,649,500. As predicted here last week, this sold very quickly. Expect to see a new home or substantial remodeling to this in the near future.
310 22nd St.– 5bd + 6ba. $3,100,000. Let’s all hope this REO sale sticks! The entire neighborhood and real estate community would be thrilled to see someone close this escrow and put this house to use.
Sold/ Closed
733 20th St. – 3bd + 2ba. Was listed for $1,950,000 and sold for $1,950,000. Authentic 1920’s Spanish in sought after Gillette’s Regent Square. Franklin School District. Expect to see a new home on this lot within the next 18 months.
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 – $2,495,000
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
11939 Gorham Ave. #104 – 2bd + 2.5ba – $580,000
1436 20th St. #10 – 2bd + 2.5ba – $579,000
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.
