NOT LISTED FOR SALE

Estimated Value: $1,761,000 - $2,030,000

4 Beds
3 Baths
2,118 Sq Ft
$915/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,200,000 $567 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,163/month

77 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Playa Del Rey Elementary School Rated 9+
  • Bonus Room
  • Laundry closet

About This Home

As of February 2024

The opportunities are endless to transform this charming, mid-century home into something special. This is a great opportunity for a developer or end user. Tear down and start from scratch or extensively renovate the existing structure. The house in its current state requires significant repairs. The interior of the house incudes some unique features like a cozy fireplace, exposed wood beams in the upstairs bedroom, and a second kitchen in the bonus room. New owners also have the opportunity to explore an ADU conversion in the detached garage. The property is situated in a prime Del Rey location surrounded by shops & restaurants, theaters and parks. It's less than half a mile from Playa Vista's Central Park, home to major employers like Google, The Honest Company, and IMAX. The property is being sold "as is".

Last Agent to Sell the Property

Michael Matthias

Keller Williams Beverly Hills License #01489863 Listed on: 11/17/2023

Keller Williams Beverly Hills

Last Buyer's Agent

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419

Lyon Stahl Investment Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,505

Year Built

  • Built in 1949

Lot Details

  • 5,756 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Tear Down
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry closet

Flooring

  • Wood
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4220-018-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,505

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2118
  • Lot Acreage: 0.1321
  • Lot Dimensions: 50x115
  • Property Condition: Fixer, Repairs Major, Tear Down
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Linoleum, Cement, Wood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 707.74

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Radiant

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4220-018-036
  • Lot Size Area: 5756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Marrin Homes Llc
Bought by
Zeidan Jenna
Current Estimated Value
$1,938,183

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 2, 2024
Sold by
Min Chih Li Family Trust
Bought by
Marrin Homes Llc
Seller's Agent
Michael Matthias
Keller Williams Beverly Hills
Buyer's Agent
Will James
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.26%
Original Mortgage
$1,365,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Li Min Chih
Bought by
Li Min Chih and Min Chih Li Family Trust

Purchase Details

Closed on
Jun 17, 2003
Sold by
Corona Alberto Villa
Bought by
Li Kuei Mei Kay and Villa Kuei Mei Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1993
Sold by
Schwartz Joel M and Schwartz Mary E
Bought by
Li Min Chih and Li Kuei Mei Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.28%
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
Zeidan Jenna -- --
Marrin Homes Llc $1,200,000 Old Republic Title Company
Li Min Chih -- None Available
Li Kuei Mei Kay -- Commerce Title
Li Min Chih -- Commerce Title
Li Min Chih $225,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrin Homes Llc $1,365,000
Previous Owner Li Min Chih $189,000
Previous Owner Li Min Chih $36,150
Previous Owner Li Min Chih $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $1,200,000 -19.9% $567 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $1,499,000 -- $708 / 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 $5,505 $1,224,000 $1,023,060 $200,940
2024 $5,505 $441,561 $246,608 $194,953
2023 $5,488 $432,904 $241,773 $191,131
2022 $5,240 $424,417 $237,033 $187,384
2021 $5,165 $416,096 $232,386 $183,710
2019 $5,013 $403,757 $225,495 $178,262
2018 $4,936 $395,841 $221,074 $174,767
2016 $4,704 $380,473 $212,491 $167,982
2015 $4,637 $374,759 $209,300 $165,459
2014 $4,661 $367,419 $205,201 $162,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-333097

The MLS

APN: 4220-018-036