NOT LISTED FOR SALE

113 Rees St Playa Del Rey, CA 90293

Estimated Value: $2,174,373 - $3,102,000

4 Beds
3 Baths
2,256 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $1,820,000 $807 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $15,141/month

26 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Granite Countertops
  • Kentwood Elementary Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of June 2018

Want to live half a block from the beach? This newly remodeled apartment has the location and privacy that everyone wants. It’s surrounded by tall palm trees in the front and has fencing on all four sides. The street in front is a walking street and the apartment is in the middle of a block to ensure the residents of privacy. The large patio in front of the apartment has seating room for many people and is perfect for entertaining guests. The kitchen and dining room opens up to the patio with sliding glass doors. All appliances are included and there are new wood floors throughout the whole apartment. The wide alley in the back of the duplex leads to a large garage with room for both a car and storage. You can go on a bike ride along the beach on a paved path directly from your own home!

Last Agent to Sell the Property

Christine Ross

Rodeo Realty License #01086242 Listed on: 04/24/2018

Rodeo Realty

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 2,723 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Bungalow
  • Slab Foundation
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,256 Sq Ft Home
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 8573
  • Assessor Parcel Number 4116033012

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Trash Expense $90
  • Water Sewer Expense $90
  • Operating Expense $2,160
  • Gross Income $89,400
  • Net Operating Income $89,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

2,723 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: Yes
  • Water Sewer Expenses: 90.00
  • Zoning: LAR3
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4116033012
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Copper Plumbing Partial, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 806.74
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Ocean
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 90.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Walkstreet
  • Lot Size Sq Ft: 2723.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 89400.00
  • Gross Scheduled Income: 89400.00
  • Net Operating Income: 89400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2160.00
  • Rent Control: Yes
  • Total Expenses: 2160.00
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 2781.02
  • Tax Lot: 12
  • Tax Tract Number: 8573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 23, 2018
Sold by
Ross Patrick K
Bought by
Agbabian Paul and Nyberg Kate
Seller's Agent
Christine Ross
Rodeo Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,890,000
Sold Price
$1,820,000
Premium/Discount to List
-$70,000
-3.7%
Current Estimated Value
$2,529,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,093
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,365,000
Outstanding Balance
$1,160,571
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,368,522

Purchase Details

Closed on
Sep 17, 1996
Sold by
Lind Douglas E
Bought by
Ross Patrick K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.87%

Purchase Details

Closed on
Aug 3, 1993
Sold by
Wilton Jay Henry
Bought by
Lind Douglas E and Lind Louise B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Agbabian Paul $1,820,000 California Title Company
Ross Patrick K $370,000 First American Title Co
Lind Douglas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agbabian Paul $1,365,000
Previous Owner Ross Patrick K $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2024 09/01/24 For Rent $4,900 0.0% --
06/22/2018 06/22/18 Sold $1,820,000 -3.7% $807 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $1,890,000 -- $838 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,344 $2,132,416 $1,820,524 $311,892
2024 $25,344 $2,090,605 $1,784,828 $305,777
2023 $24,849 $2,049,614 $1,749,832 $299,782
2022 $23,685 $2,009,426 $1,715,522 $293,904
2021 $23,396 $1,970,027 $1,681,885 $288,142
2019 $22,036 $1,856,400 $1,632,000 $224,400
2018 $6,526 $529,606 $329,216 $200,390
2016 $6,225 $509,042 $316,433 $192,609
2015 $6,135 $501,396 $311,680 $189,716
2014 $6,165 $491,575 $305,575 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18095108

California Regional Multiple Listing Service (CRMLS)

APN: 4116-033-012

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