NOT LISTED FOR SALE

103 Montreal St Playa Del Rey, CA 90293

Estimated Value: $1,864,508 - $2,574,000

6 Beds
2 Baths
1,872 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $1,500,000 $801 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,776/month

46 Days on Market

Highlights

  • Views
  • Carpet
  • 4-minute walk to Del Rey Lagoon Park
  • Kentwood Elementary Rated A-

About This Home

As of August 2019

103-105 Montreal St is steps from the sand, on a quaint walk street in highly desired Playa del Rey. This duplex consists of two 3 bedroom, 1 bathroom units. The upstairs unit has a spacious outdoor balcony and the downstairs unit has a sizeable patio off of the walk street. This property is ideal for a 1031 exchange with great upside potential for investors. With 2-car garage parking and an ideal location close to the Playa Vista tech companies, this is truly a hidden gem. Both units are occupied; Access will be given with accepted offer only.

Last Agent to Sell the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 05/24/2019

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,528

Year Built

  • Built in 1957

Lot Details

  • 2,552

Parking

  • 2 Car Garage

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Property Views

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2,552 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4116-032-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,528

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1872
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Linoleum
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 852.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 4116-032-012
  • Geocode Override: No
  • Lot Size Area: 2552

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Apartment
  • Vacancy Rate: 0%

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Aug 23, 2019
Sold by
Downey William S and Klevits Jules
Bought by
Garnett Christopher and Garnett Tereza
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Current Estimated Value
$2,125,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,877
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,200,000
Outstanding Balance
$1,053,131
Interest Rate
3.8%
Estimated Equity
$1,072,746

Purchase Details

Closed on
Feb 29, 2012
Sold by
Downey William S
Bought by
Downey William S and The William S Downey Jr Revocable Living
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garnett Christopher $1,500,000 Stewart Title Of Ca Inc
Downey William S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnett Christopher $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $1,500,000 -6.0% $801 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $1,595,000 -5.9% $852 / Sq Ft
05/24/2019 05/24/19 For Sale $1,695,000 -- $905 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,528 $1,640,465 $1,367,057 $273,408
2024 $19,528 $1,608,300 $1,340,252 $268,048
2023 $19,148 $1,576,766 $1,313,973 $262,793
2022 $18,252 $1,545,850 $1,288,209 $257,641
2021 $18,029 $1,515,540 $1,262,950 $252,590
2019 $15,163 $1,273,519 $1,041,434 $232,085
2018 $15,109 $1,248,562 $1,021,014 $227,548
2016 $14,451 $1,199,447 $981,368 $218,079
2015 $14,238 $1,181,431 $966,627 $214,804
2014 $14,288 $1,158,290 $947,693 $210,597
Source: Public Records

Agents Affiliated with this Home

  • Penny Muck

    Seller's Agent in 2019

    Penny Muck

    Pardee Properties

    (310) 266-9946

    3 in this area

    56 Total Sales

    Penny Muck
    Section Image
  • Tamra Pardee

    Seller Co-Listing Agent in 2019

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    13 in this area

    883 Total Sales

    Tamra Pardee
    Section Image
  • Jeremy Lingvall

    Buyer Co-Listing Agent in 2019

    Jeremy Lingvall

    Hilton Hilton

    (310) 977-4762

    19 Total Sales

    Jeremy Lingvall
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-469876

The MLS

APN: 4116-032-012

California Los Angeles County Playa Del Rey 90293

103 Montreal St, Playa Del Rey, CA

This home is located at 103 Montreal St, Playa Del Rey, CA 90293 since 24 May 2019 and is currently estimated at $2,125,877, approximately $1,135 per square foot. This property was built in 1957. 103 Montreal St is a home located in Los Angeles County with nearby schools including Paseo Del Rey Natural Science Magnet, Loyola Village Elementary School, and Kentwood Elementary.

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