NOT LISTED FOR SALE

Estimated Value: $1,829,000 - $2,821,000

4 Beds
2.5 Baths
2,115 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $1,680,000 $794 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,159/month

150 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Bungalow
  • Will Rogers Elementary Rated A
  • Built-In Features
  • Kitchen Island

About This Home

As of October 2023

SELLER IS READY TO SELL. A fantastic opportunity in a fantastic location to own 2 homes on a lot, where you can live in one unit and rent out the other for additional income. Both homes have been recently updated with brand new kitchens, bathrooms, and laminate flooring, and have a great beach vibe, making them move-in ready. The front house has an open floor plan and is filled with natural light, creating a welcoming and inviting atmosphere. It features two bedrooms and one and a half bathrooms, with a total living space of 1,215 square feet. The kitchen highlights tons of cabinetry and a center island. The back house is slightly smaller, with two bedrooms, one bathroom, and 900 square feet of living space. A private side gate makes it easy to rent out. A two-car garage attached to the front house and a large private front yard. The property is very private, with a hedge surrounding it to create a sense of seclusion. Its amazing location is just a short distance from the beach, shops, and restaurants, making it an ideal spot to call home. Whether you're looking for a place to live in full-time or just part-time, this property is perfect for anyone who wants to enjoy the best of coastal living. Both units can be delivered vacant.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 04/05/2023

Carolwood Estates

Co-Listed By

Alphonso Lascano

Carolwood Estates License #01723550

Carolwood Estates

Last Buyer's Agent

Alphonso Lascano

Carolwood Estates License #01723550

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,219

Year Built

  • Built in 1936

Lot Details

  • 4,987 Sq Ft Lot
  • Property is zoned SMR3*

Home Design

  • Bungalow

Interior Spaces

  • 2,115 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laminate Flooring
  • Laundry in Kitchen

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4285-002-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,219

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2115
  • Lot Acreage: 0.1145
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island
  • Laundry: In Kitchen, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 874.70

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4285-002-008
  • Lot Size Area: 4987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Sep 13, 2023
Sold by
Dennis Michael David
Bought by
Cohen Ashley Richelle and Brindze Loren James
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Alphonso Lascano
Carolwood Estates
List Price
$1,899,000
Sold Price
$1,680,000
Premium/Discount to List
-$219,000
-11.53%
Views
327
Current Estimated Value
$2,289,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,335
Avg. Annual Appreciation
17.79%
Original Mortgage
$1,344,000
Outstanding Balance
$1,316,369
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$972,966

Purchase Details

Closed on
Oct 14, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Dennis Michael David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,250
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Mashraghy Alireza
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 6, 2005
Sold by
Salem George E
Bought by
Mashraghy Alireza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,300
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Salem Gretel F
Bought by
Salem George E

Purchase Details

Closed on
Feb 24, 2005
Sold by
The Enrique Banuelos Separate Property T
Bought by
Salem George E

Purchase Details

Closed on
Dec 4, 2003
Sold by
Banuelos Enrique
Bought by
Banuelos Enrique and Banuelos Gilbert
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
Cohen Ashley Richelle $1,680,000 Fidelity - Sherman Oaks
Dennis Michael David $727,000 First American Title Ins Co
Deutsche Bank National Trust Company $801,355 None Available
Mashraghy Alireza $1,075,000 Equity Title
Salem George E -- --
Salem George E $800,000 --
Banuelos Enrique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Ashley Richelle $1,344,000
Previous Owner Dennis Michael D $542,600
Previous Owner Dennis Michael David $545,250
Previous Owner Mashraghy Alireza $732,300
Previous Owner Salem George E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $1,680,000 -9.2% $794 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $1,850,000 -2.6% $875 / Sq Ft
08/01/2023 08/01/23 For Sale $1,899,000 0.0% $898 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $1,899,000 -5.0% $898 / Sq Ft
06/06/2023 06/06/23 Price Changed $1,999,000 -7.0% $945 / Sq Ft
05/09/2023 05/09/23 Price Changed $2,149,000 -6.5% $1,016 / Sq Ft
04/05/2023 04/05/23 For Sale $2,299,000 0.0% $1,087 / Sq Ft
11/01/2019 11/01/19 Rented $5,150 0.0% --
10/22/2019 10/22/19 Price Changed $5,150 -5.5% $4 / Sq Ft
10/15/2019 10/15/19 Price Changed $5,450 -0.9% $4 / Sq Ft
10/03/2019 10/03/19 For Rent $5,500 -- --
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 $20,219 $1,713,600 $1,370,880 $342,720
2024 $20,219 $1,680,000 $1,344,000 $336,000
2023 $11,276 $901,971 $721,583 $180,388
2022 $11,126 $884,286 $707,435 $176,851
2021 $10,838 $866,948 $693,564 $173,384
2019 $10,649 $841,237 $672,994 $168,243
2018 $9,989 $824,744 $659,799 $164,945
2016 $9,619 $792,720 $634,179 $158,541
2015 $9,492 $780,814 $624,654 $156,160
2014 $9,366 $765,520 $612,418 $153,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-255801

The MLS

APN: 4285-002-008