NOT LISTED FOR SALE

Estimated Value: $1,938,000 - $2,524,000

7 Beds
4 Baths
3,437 Sq Ft
$628/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,865,000 $543 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,583/month

9 Days on Market

Highlights

  • Rooftop Deck
  • Dumbwaiter
  • Wood Flooring
  • Farragut Elementary School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of April 2021

Great Owner User or Investment Opportunity. This triplex is minutes away from Downtown Culver City, shops and restaurants. Walking distance to Veterans Memorial Park. With its high-ranking School District, close proximity to LAX and the beach, Culver City is home to many entertainment and tech offices including Amazon, Apple, HBO, Tiktoc and Sony Picture studio and more. The three units consists of a 1-bed/1-bath (700 SF), 2-bed/1-bath (933 SF), and a huge 4-bed/2-bath second floor (1,804 SF). The 1- and 2-bedroom first floor units each have private patios. The second floor 4-bedroom/2-bath unit has two separate entrances, an in-unit washer and dryer and a large private terrace. The 4-bedroom also has a bonus room with shelving and cupboards suitable for arts & crafts, storage and numerous other uses. The building also contains a separate community laundry room and a 3-car attached garage. The building has a brand-new roof, a brand-new electrical panel for all 3 units, a brand-new heating/AC unit in the 2-bedroom, new windows, brand new carpeting in the back half of the 4-bedroom unit and professional landscaping. The 4-bedroom unit is available to be owner-occupied or rented at market levels. The units are in great condition with loads of charm.

Last Agent to Sell the Property

Sevak Tsaturyan

Sevak Tsaturyan License #01990983 Listed on: 03/23/2021

Last Buyer's Agent

Marc de Longeville

Sotheby's International Realty License #01987515

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,004

Year Built

  • Built in 1951

Lot Details

  • 4,504 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • 3,437 Sq Ft Home
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Kitchen

  • Dumbwaiter
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Porch

Utilities

  • Gas Water Heater

Additional Features

  • Attic

Listing and Financial Details

  • Assessor Parcel Number 4210030029

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Not Applicable 105 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,004

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: common area washer and dryer for tenants
  • Price Per Unit: 621666
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CCR4*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 4210030029
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Dumbwaiter
  • Entry Location: Ground Level w/Steps,Main Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 542.62
  • Room Type: Attic

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Porch, Roof Top
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Private, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Range, Gas Water Heater, Water Heater, Dishwasher, Refrigerator
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 4504.00
  • Lot Size Acres: 0.1034

Multi Family

  • Laundry Income: 40.00
  • Lot Size Area: 4504.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Rees John David and Rees Angela L
Bought by
Rees Family Trust and Rees
Current Estimated Value
$2,085,100

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 7, 2021
Sold by
Darling Properties Llc
Bought by
Rees John D and Rees Angela L
Seller's Agent
Sevak Tsaturyan
Sevak Tsaturyan
Buyer's Agent
Marc de Longeville
Sotheby's International Realty
List Price
$1,800,000
Sold Price
$1,865,000
Premium/Discount to List
$65,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,678,313
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2017
Sold by
Haft Sally
Bought by
Darling Properties Llc

Purchase Details

Closed on
Sep 14, 2016
Sold by
Darling Properties Llc
Bought by
Haft Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Haft Sally
Bought by
Darling Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2015
Sold by
Darling Properties Llc
Bought by
Haft Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Flax L Peter L and Flax Pamela M
Bought by
Darling Properties Llc

Purchase Details

Closed on
Jun 9, 2005
Sold by
Leavitt Douglas J and Ridderhof Vicki
Bought by
Flax L Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,600
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2003
Sold by
Ridderhorf Vicki
Bought by
Leavitt Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1994
Sold by
Ridderhof John W
Bought by
Ridderhof Vicki I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.7%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Ridderhof John W and Ridderhof Vicki I
Bought by
Ridderhof John W
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
Rees Family Trust -- None Listed On Document
Rees John D $1,865,000 Fidelity Natl Ttl Co Torranc
Darling Properties Llc -- None Available
Haft Sally -- Nations Title Company Of Ca
Darling Properties Llc -- None Available
Haft Sally -- Accommodation
Darling Properties Llc -- None Available
Flax L Peter $990,000 Fidelity National Title Co
Leavitt Douglas L -- United Title Company
Ridderhof Vicki I $140,000 Gateway Title Company
Ridderhof John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rees John D $1,678,313
Previous Owner Haft Sally $616,000
Previous Owner Haft Sally $624,000
Previous Owner Flax L Peter $642,600
Previous Owner Leavitt Douglas L $190,500
Previous Owner Ridderhof Vicki I $200,000
Closed Flax L Peter $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $1,865,000 +3.6% $543 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $1,800,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,004 $2,018,734 $1,412,573 $606,161
2024 $26,004 $1,979,152 $1,384,876 $594,276
2023 $24,930 $1,940,346 $1,357,722 $582,624
2022 $23,739 $1,902,300 $1,331,100 $571,200
2021 $17,526 $1,299,635 $990,202 $309,433
2020 $17,257 $1,286,310 $980,049 $306,261
2019 $16,840 $1,261,089 $960,833 $300,256
2018 $16,667 $1,236,363 $941,994 $294,369
2016 $15,391 $1,188,356 $905,416 $282,940
2015 $15,237 $1,170,506 $891,816 $278,690
2014 $15,125 $1,147,578 $874,347 $273,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005451

California Regional Multiple Listing Service (CRMLS)

APN: 4210-030-029