NOT LISTED FOR SALE

Estimated Value: $2,058,000 - $2,627,903

4 Beds
2 Baths
1,745 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $1,605,000 $920 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,045/month

7 Days on Market

Highlights

  • Central Heating
  • Will Rogers Elementary Rated A
  • 1-Story Property

About This Home

As of April 2019

Two houses on one lot in a great Sunset Park corner location at 1048 Grant Street & 2110 11th Street. Fantastic owner/user or investment opportunity! Each house is a comfortable 2 bedroom, 1 bath home complete with separate living room and dining rooms, upgraded kitchens, wood floors and private yards. Enjoy the true California lifestyle in one of these great bungalows close to the beach and all the amenities Santa Monica has to offer. Hurry, this is a great opportunity and won't last long!

Last Agent to Sell the Property

Emil Alexander Schneeman

Berkshire Hathaway HomeServices California Properties License #01200793 Listed on: 03/25/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Todd Mitchell

Coldwell Banker Realty License #00973400

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,148

Year Built

  • Built in 1940

Lot Details

  • 6,479

Interior Spaces

  • 1,745 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking

Additional Features

  • 6,479 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4284-014-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,148

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1745
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Refrigerator
  • Price Per S Q F T: 914.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: On street
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 333663
  • Assessed Land Value: 945383
  • Assessor Parcel Number: 4284-014-010
  • Geocode Override: No
  • Lot Size Area: 6479

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.52
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: bungalow
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Apr 2, 2019
Sold by
Jolyon And Patricia Gissell 1988 Trust
Bought by
1048 Grant Llc
Seller's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Todd Mitchell
Coldwell Banker Realty
List Price
$1,595,000
Sold Price
$1,605,000
Premium/Discount to List
$10,000
0.63%
Current Estimated Value
$2,254,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,226
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Gissell Jolyon H and Gissell Patricia L
Bought by
Gissell Jolyon H and Gissell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Staugaard Aida and Staugaard Peter B
Bought by
Gissell Jolyon H and Gissell Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.91%
Mortgage Type
New Conventional
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
1048 Grant Llc $1,605,000 California Title Company
Gissell Jolyon H -- None Available
Gissell Jolyon H -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gissell Jolyon H $489,000
Previous Owner Gissell Jolyon H $516,500
Previous Owner Gissell Jolyon H $533,850
Previous Owner Staugaard Peter $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $1,605,000 +0.6% $920 / Sq Ft
03/25/2019 03/25/19 For Sale $1,595,000 -- $914 / 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 $21,148 $1,790,403 $1,561,724 $228,679
2024 $21,148 $1,755,298 $1,531,102 $224,196
2023 $20,810 $1,720,881 $1,501,081 $219,800
2022 $20,551 $1,687,140 $1,471,649 $215,491
2021 $20,045 $1,654,060 $1,442,794 $211,266
2020 $19,908 $1,637,100 $1,428,000 $209,100
2019 $16,476 $1,330,717 $983,575 $347,142
2018 $15,452 $1,304,626 $964,290 $340,336
2016 $14,889 $1,253,968 $926,847 $327,121
2015 $14,695 $1,235,133 $912,925 $322,208
2014 $14,492 $1,210,940 $895,043 $315,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-446184

The MLS

APN: 4284-014-010