NOT LISTED FOR SALE

Estimated Value: $1,618,000 - $2,206,000

5 Beds
3 Baths
2,514 Sq Ft
$769/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $1,260,000 $501 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,917/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Farragut Elementary School Rated A
  • Wood Flooring
  • Steam Shower

About This Home

As of June 2016

Charming duplex set back from Culver Blvd on a quiet local access road with tremendous upside as both units can be delivered vacant at close of escrow. Located in the highly desirable Clarkdale neighborhood of Culver City with easy access to the 405 freeway and a stone's throw away from local parks. Enormous light and bright rear unit with high ceilings, huge master suite, and generously sized bedrooms. The kitchen and breakfast area open to a large living room full of natural light. Additional family room with fireplace plus massive solarium with separate entrance that could be used as a home office or 4th bedroom. Front unit features great curb appeal, grassy yard, 2 bedrooms and 1 bathroom. 2 car garage and 2 car carport totaling 4 parking spots. Potential to rent out the garage and add coin operated washer/dryer for additional income. Separately metered. Convenient location and perfect for user-owner or investor. Offers are due on Wednesday 5-4-16 at 12PM.

Last Agent to Sell the Property

Matt Isbell

Compass License #01825694 Listed on: 04/26/2016

Compass

Co-Listed By

Kelli Isbell

Compass License #01875457

Last Buyer's Agent

Lee Balkin

License #00969891

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,320

Year Built

  • Built in 1946

Lot Details

  • 5,005

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,514 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Floor Furnace

Additional Features

  • Balcony
  • 5,005 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4213-013-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,320

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2514
  • Probate: No
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 5
  • Bedroom Features: Master Suite, WalkInCloset
  • Bathroom Features: Shower and Tub, Steam Shower, Tub With Jets
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Washer
  • Price Per S Q F T: 475.34

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central, Floor Furnace
  • Water Expense: 71.00

Fee Information

  • Insurance Expense: 126.00
  • Maintenance Expense: 200.00
  • Trash Expense: 100.00

Lot Info

  • Assessed Improvement Value: 201225
  • Assessed Land Value: 361083
  • Assessor Parcel Number: 4213-013-021
  • Geocode Override: No
  • Lot Size Area: 5005

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.59
  • Number Of Units: 2
  • Total Annual Expense: 6924
  • Type Of Units: Duplex
  • Vacancy Rate: 2%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2018
Sold by
Hernandez Schneider Ana Maria
Bought by
The Ana Maria Hernandez Schneider And Jo
Current Estimated Value
$1,934,483

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 13, 2016
Sold by
Barnes Ricci
Bought by
Schneider Ana Hernandez and Schneider John R
Seller's Agent
Matt Isbell
Compass
Buyer's Agent
Lee Balkin
List Price
$1,195,000
Sold Price
$1,260,000
Premium/Discount to List
$65,000
5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$660,000
Outstanding Balance
$528,234
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,363,975

Purchase Details

Closed on
Aug 1, 2000
Sold by
Rossel Daniel
Bought by
Barnes Ricci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,400
Interest Rate
8.16%

Purchase Details

Closed on
Mar 3, 1997
Sold by
Rossell Martha
Bought by
Rossell Daniel and Martha Rossell Revocable Trust

Purchase Details

Closed on
Nov 1, 1989
Sold by
Rossel Daniel
Bought by
Rossel Daniel
Source: Public Records

Range of Values:

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Average Value
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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
The Ana Maria Hernandez Schneider And Jo -- None Available
Schneider Ana Hernandez $1,260,000 Fidelity Sherman Oaks
Barnes Ricci $448,500 Fidelity National Title
Rossell Daniel -- --
Rossel Martha -- --
Rossel Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Ana Hernandez $660,000
Previous Owner Barnes Ricci L $112,500
Previous Owner Barnes Ricci $99,000
Previous Owner Barnes Ricci $742,500
Previous Owner Barnes Ricci $71,900
Previous Owner Barnes Ricci $480,000
Previous Owner Barnes Ricci $87,000
Previous Owner Barnes Ricci $328,900
Previous Owner Barnes Ricci $323,400
Previous Owner Rossel Daniel $266,200
Closed Barnes Ricci $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $1,260,000 +5.4% $501 / Sq Ft
04/26/2016 04/26/16 For Sale $1,195,000 -- $475 / 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 $19,320 $1,491,574 $894,945 $596,629
2024 $19,320 $1,462,329 $877,398 $584,931
2023 $18,547 $1,433,657 $860,195 $573,462
2022 $17,547 $1,405,547 $843,329 $562,218
2021 $17,353 $1,377,989 $826,794 $551,195
2019 $16,613 $1,337,120 $802,272 $534,848
2018 $16,444 $1,310,903 $786,542 $524,361
2016 $7,932 $570,882 $366,589 $204,293
2015 $8,006 $562,308 $361,083 $201,225
2014 $7,809 $551,294 $354,010 $197,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-119016

The MLS

APN: 4213-013-021