NOT LISTED FOR SALE

113 Sunridge St Playa Del Rey, CA 90293

Estimated Value: $2,078,000 - $3,984,000

6 Beds
3 Baths
2,328 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $1,850,000 $795 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $16,565/month

88 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Beamed Ceilings
  • Kentwood Elementary Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of September 2023

Motivated Seller!!! An Absolutely Amazing opportunity to own a duplex just steps away from the sand. Over $200K of upgrades. The upper unit is
totally upgraded 3 bedrooms & 2 bathrooms, new kitchen w/ stainless steel appliances, open floor plan with high beamed ceilings, recessed lighting throughout, that guides you through this inviting and perfectly remodeled unit. The upper unit has 2 separate entries. Rented for $5900.00/month. The upper unit could be delivered vacant! The lower unit has new flooring, 3 beds & 1 bath with an enclosed large patio. Currently rented for $2252.61/Month. Ideal location!!! Steps to the beach, parks, bike path and walking distance Don't miss this Unique opportunity. Please do not Disturb the tenants.

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 04/14/2023

Estate Properties

Co-Listed By

Heba Abulazm

Real Estate Source, Inc. License #01391926

Last Buyer's Agent

Chandra Livingston

All Of Us Enterprises, Inc. License #01810924

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,758

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 2,764 Sq Ft Lot
  • Ocean Front
  • No Common Walls
  • No Landscaping

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Split Level Home
  • Stucco

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Double Pane Windows
  • Window Screens
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Rain Gutters
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Tax Tract Number 8573
  • Assessor Parcel Number 4116033025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Operating Expense $25,984
  • Net Operating Income $23,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,758

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 974500
  • Property Attached: No
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4116033025
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Entry Location: Seperate
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Multi/Split
  • Price Per Square Foot: 794.67
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2764.00
  • Lot Size Acres: 0.0635

Multi Family

  • Gross Multiplier: 20.95
  • Gross Scheduled Income: 97824.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2764.0000 Square Feet
  • Net Operating Income: 23664.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Refrigerator: 1
  • Operating Expense: 74160.00
  • Rent Control: Yes
  • Total Expenses: 25984.00
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2781.02
  • Tax Lot: 10
  • Tax Tract Number: 8573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 30, 2023
Sold by
Wilson Cara
Bought by
Wilson Sivan
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Chandra Livingston
All Of Us Enterprises, Inc.
List Price
$1,949,000
Sold Price
$1,850,000
Premium/Discount to List
-$99,000
-5.08%
Views
64
Current Estimated Value
$2,630,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,913
Avg. Annual Appreciation
19.90%
Original Mortgage
$242,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 7, 2023
Sold by
Abouelata And Hashalh Revocable Family T
Bought by
Wilson Sivan
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Chandra Livingston
All Of Us Enterprises, Inc.
List Price
$1,949,000
Sold Price
$1,850,000
Premium/Discount to List
-$99,000
-5.08%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jul 31, 2023
Sold by
Z & M Investment Partners
Bought by
Abouelata And Hashalh Revocable Family Trust and Abouelata
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Chandra Livingston
All Of Us Enterprises, Inc.
List Price
$1,949,000
Sold Price
$1,850,000
Premium/Discount to List
-$99,000
-5.08%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2023
Sold by
Z & M Investment Partners Llc
Bought by
Abouelata And Hashalh Family Revocable Trust and Abouelata

Purchase Details

Closed on
Jan 25, 2022
Sold by
Wesam Abouelata
Bought by
Abouelata And Hashalh Family Revocable Trust

Purchase Details

Closed on
Oct 25, 2021
Sold by
Abouelata Wesam
Bought by
Z & M Investment Partners Llc

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 23, 2021
Sold by
Cannon Kristy Anu Hilman and The Kristy Cannon Trust
Bought by
Abouelata Wesam
Seller's Agent
Christopher Alexander
ROC
Buyer's Agent
Heba Abulazm
Real Estate Source, Inc.
List Price
$2,499,000
Sold Price
$1,700,000
Premium/Discount to List
-$799,000
-31.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$1,105,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 20, 2021
Sold by
Hashalh Sabah
Bought by
Abouelata Wesam
Seller's Agent
Christopher Alexander
ROC
Buyer's Agent
Heba Abulazm
Real Estate Source, Inc.
List Price
$2,499,000
Sold Price
$1,700,000
Premium/Discount to List
-$799,000
-31.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2007
Sold by
Davis Carlyle E and Rodriguez Bolivar E
Bought by
Cannon Kristy Ann Hilman and The Kristy Cannon Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back
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
Wilson Sivan -- Lawyers Title
Wilson Sivan $799,000 Lawyers Title Company
Abouelata And Hashalh Revocable Family Trust -- Lawyers Title Company
Abouelata And Hashalh Family Revocable Trust -- Lawyers Title
Abouelata And Hashalh Family Revocable Trust -- None Listed On Document
Z & M Investment Partners Llc -- Accommodation
Abouelata Wesam $1,700,000 Stewart Title Of Ca Inc
Abouelata Wesam -- Stewart Title Of Ca Inc
Cannon Kristy Ann Hilman -- Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Sivan $1,026,000
Closed Wilson Sivan $242,000
Previous Owner Abouelata Wesam $1,105,000
Previous Owner Abouelata Wesam $1,105,000
Previous Owner Cannon Kristy Ann Hilman $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $1,850,000 -5.1% $795 / Sq Ft
04/14/2023 04/14/23 For Sale $1,949,000 +14.6% $837 / Sq Ft
04/29/2021 04/29/21 Sold $1,700,000 0.0% $730 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $1,700,000 -14.8% $730 / Sq Ft
12/07/2020 12/07/20 Price Changed $1,995,000 -20.2% $857 / Sq Ft
10/10/2020 10/10/20 For Sale $2,499,000 -- $1,073 / 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 $26,758 $2,183,820 $1,764,600 $419,220
2024 $26,758 $2,141,000 $1,730,000 $411,000
2023 $21,075 $1,734,000 $1,326,000 $408,000
2022 $20,089 $1,700,000 $1,300,000 $400,000
2021 $2,197 $165,313 $105,749 $59,564
2020 $2,215 $164,239 $104,665 $59,574
2019 $2,136 $161,032 $102,613 $58,419
2018 $2,084 $157,887 $100,601 $57,286
2016 $1,970 $151,162 $96,696 $54,466
2015 $1,943 $148,892 $95,244 $53,648
2014 $1,964 $145,977 $93,379 $52,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23062455

California Regional Multiple Listing Service (CRMLS)

APN: 4116-033-025