90403 - 90404 - Ocean Park 90405 sales March-June

In the first of three parts, here are Santa Monica sales for the four months from March to June, 2010, except north of Montana and Sunset Park. These reflect the frenzy of buyers trying to get into the federal tax credit; things seem to have slowed down in July.

I've featured 750 Navy Street (photo above) that originally was listed on 3/3/08 for a whopping $1.9M. It finally sold REO for $781K, a 59% reduction!

Address, bed/bath, current price (-% from orig.), orig.list date, sale date, sale price (-% from last list price)

90403

614 California, 3/1.5, $849K, 5/6/10, 6/15/10, $895K (+5%)
838 25th, 2/1, $1,195K, 2/23/10, 3/31/10, $1,385K (+16%)
1043 Centinela, 2/1, $1,459K (-7%), 1/14/10, 6/4/10, $1,450K (-1%)
824 Stanford, 4/2, $1,649K (-17%), 9/11/08, 4/1/10, $1,564K (-5%)
933 Harvard, 3/2.5, $1,849K, 1/14/10, 3/23/10, $1,849K
1147 Centinela, 5/6, $2,795K (-7%), 9/30/09, 4/7/10, $2,650K (-5%)


90404

1917 12th, 2/1, $625K (-43%), 3/1/09, 3/15/10, $625K
3024 Arizona, 2/1, $699K, 1/5/10, 6/9/10, $735K (+5%)
3011 Urban, 3/2, $749K, 3/27/10, 6/15/10, $740K (-1%)
1321 Chelsea, 2/2, $795K (-15%), 1/7/10, 6/11/10, $750K (-6%)
3014 Delaware, 3/2, $825K (-3%), 11/11/09, 5/11/10, $800K (-3%)


Ocean Park 90405

718 Marine, 1/1, $559K, 2/18/10, 6/18/10, $535K (-4%)
725 Marine, 2/1, $769K, 3/4/10, 6/10/10, $765K (-1%)
708 Raymond, 2/1.25, $785K (-8%), 4/28/09, 3/10/10, $720K (-8%)
750 Navy (photo), 2/1.5, $799K (-58%), 3/3/08, 4/21/10, $781K (-2%)
713 Bay, 2/2, $897K, 2/25/10, 6/26/10, $875K (-2%)
711 Pine, 3/2, $1,295K (-12%), 4/6/09, 6/21/10, $1,200K (-7%)
2513 3rd, 3/1.75, $1,475K, 5/10/10, 6/8/10, $1,475K
528 Ocean Park, 3/3, $2,500K (-29%), 10/15/08, 6/15/10, $2,000K (-20%)