NOT LISTED FOR SALE

Estimated Value: $1,018,000 - $1,368,740

3 Beds
2 Baths
1,045 Sq Ft
$1,155/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $932,299 $892 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,347/month

78 Days on Market

Highlights

  • 2 Car Garage
  • Braddock Drive Elementary School Rated A-
  • Ceiling Fan

About This Home

As of February 2021

This smartly updated, R-3 zoned duplex is perfect for the savvy owner-user and investor alike, with both value add and massive rent upside potential. Well situated in the highly sought after Del Rey / Mar Vista / Westside LA rental market and boasting a recently renovated (VACANT) 1br/1ba unit with private fenced-in yard (perfect for entertaining), hardwood floors, newer appliances AND washer/dryer IN UNIT!! The second unit is a well maintained (tenant occupied but can be delivered VACANT) 2br/1ba with amazing value add/rent upside potential and a large private fenced-in yard with garden. Bonus features include: double-paned windows throughout, tankless water heater, copper plumbing, detached 2 car garage (possible garage ADU conversion, please do own due diligence) complete with brand new whisper-quiet electric garage door. Contact listing agent with all questions and see website for all info, pictures, drone and matterport virtual tours; www.12210culver.com

Last Agent to Sell the Property

Derek Reilly

Redfin License #02072548 Listed on: 10/05/2020

Redfin

Last Buyer's Agent

Vania Rincon

Keller Williams Larchmont License #01489265

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,924

Year Built

  • Built in 1954

Lot Details

  • 2,500 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,045 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4221-001-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,924

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1045
  • Lot Acreage: 0.0574
  • Year Built: 1954
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Ceiling Fan, Hood Fan
  • Price Per S Q F T: 856.46

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 15.09
  • Assessed Improvement Value: 82844
  • Assessed Land Percent: 84.91
  • Assessed Land Value: 465999
  • Total Assessed Value: 548843
  • Assessor Parcel Number: 4221-001-014
  • Lot Size Area: 2500

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 26.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 10447
  • Type Of Units: Apartments
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Feb 12, 2021
Sold by
Selsor Andrew and Selsor Bettina
Bought by
Owens Erinique Kara
Seller's Agent
Derek Reilly
Redfin
Buyer's Agent
Vania Rincon
Keller Williams Larchmont
List Price
$895,000
Sold Price
$932,299
Premium/Discount to List
$37,299
4.17%
Current Estimated Value
$1,165,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,614
Avg. Annual Appreciation
5.93%
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2015
Sold by
Reck Jack S
Bought by
Selsor Andrew and Selsor Bettina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Reck Jack S and Reck Steven B
Bought by
Reck Jack S and Reck Steven B

Purchase Details

Closed on
Jan 9, 2003
Sold by
Reck Lewis and Reck Family Trust
Bought by
Reck Lewis W and Annyce K Reck By Pass Trust
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
Owens Erinique Kara $930,500 Wfg National Title Co Of Ca
Selsor Andrew $530,000 Fidelity
Reck Jack S -- None Available
Reck Lewis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Owens Enrique Kara $0
Open Owens Erinique Kara $930,299
Previous Owner Selsor Andrew $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $932,299 +4.2% $892 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $895,000 0.0% $856 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/19/2020 10/19/20 Price Changed $895,000 -2.2% $856 / Sq Ft
10/05/2020 10/05/20 For Sale $915,000 -- $876 / 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 $11,924 $1,006,985 $811,824 $195,161
2024 $11,924 $987,241 $795,906 $191,335
2023 $11,692 $967,884 $780,300 $187,584
2022 $11,145 $948,906 $765,000 $183,906
2021 $7,072 $588,466 $499,643 $88,823
2020 $7,144 $582,433 $494,520 $87,913
2019 $6,860 $571,014 $484,824 $86,190
2018 $6,816 $559,818 $475,318 $84,500
2016 $6,518 $538,082 $456,862 $81,220
2015 $1,319 $101,840 $41,692 $60,148
2014 $1,338 $99,846 $40,876 $58,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-642558

The MLS

APN: 4221-001-014