NOT LISTED FOR SALE
16 Beds
15 Baths
10,112 Sq Ft
0.26 Acres

Last Sold June 30, 2018

Last sale price $4,650,000 $460 Per Sq Ft

108 Days on Market

Highlights

  • Solar Power System
  • Intercom
  • Water Purifier
  • Venice High School Rated A
  • Laundry Room
  • Central Heating

About This Home

As of June 2018

Rare Non-Rent Controlled opportunity in Mar Vista, one of the most prime Westside submarkets of Los Angeles. This Property includes a Tentative Tract Map for a Condo Conversion bonus. Value-add opportunity with condo conversion and also rental upside of almost 20 %. Two vacancies delivered at close of escrow (3/2 house and 2/2.5 townhouse unit)

Last Agent to Sell the Property

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767 Listed on: 03/02/2018

Keller Williams Beverly Hills

Last Buyer's Agent

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767 Listed on: 03/02/2018

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.26

Home Design

  • Split Level Home

Interior Spaces

  • 10,112 Sq Ft Home
  • 3-Story Property
  • Intercom

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Portable Dishwasher
  • Trash Compactor

Laundry

  • Laundry Room
  • Washer

Parking

  • 16 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Water Purifier
  • Water Conditioner
  • Phone System
  • Satellite Dish

Additional Features

  • Solar Power System
  • 0.26 Acre Lot

Community Details

  • 3 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4233-009-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 10112
  • Stories: 3
  • Year Built: 1990
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Intercom, Microwave, Network Wire, Phone System, Portable Dishwasher, Propane Dryer Hookup, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Satellite, Solar Panels, Stackable W/D Hookup, Trash Compactor, Vented Exhaust Fan, Washer, Water Conditioner, Water Filter
  • Price Per S Q F T: 489.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 16

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Water Expense: 8500.00

Fee Information

  • Gas Expense: 2500.00
  • Insurance Expense: 3700.00
  • Maintenance Expense: 5000.00
  • Management Expense: 10681.00
  • Other Expense: 2196.00
  • Trash Expense: 3700.00

Lot Info

  • Assessed Improvement Value: 564487
  • Assessed Land Value: 1201045
  • Assessor Parcel Number: 4233-009-005
  • Geocode Override: No
  • Lot Size Area: 11482

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 8
  • Total Annual Expense: 99440
  • Type Of Units: 3/2, 2/2.5
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 60383.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2018 06/30/18 Sold $4,650,000 -6.1% $460 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
03/07/2018 03/07/18 Price Changed $4,950,000 +10.1% $490 / Sq Ft
03/02/2018 03/02/18 For Sale $4,495,000 -- $445 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-319366

The MLS