NOT LISTED FOR SALE

12219 Culver Blvd Los Angeles, CA 90066

Del Rey Neighborhood

Estimated Value: $1,580,000 - $1,937,000

4 Beds
3 Baths
2,318 Sq Ft
$754/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $1,375,000 $593 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,742/month

26 Days on Market

Highlights

  • Attached Carport
  • Braddock Drive Elementary School Rated A-
  • Water Purifier

About This Home

As of June 2018

Fully Renovated Non-Rent Control turnkey Silicon Beach Duplex for sale! Fully Rented wth great tenants. This duplex is perfect for any investor that wants a low maintenance building and appreciation. Property features include: LED Lights, Mini-split A/C & Heat in every room, new Appliances, new Washers/Dryers, new Flooring, No landscaping, new Windows and Doors, Redwood fencing, Tankless water heater, New Roof, Copper plumbing throughout, separate electric meters, additional storage for each unit, 4 Car-parking, bike path is out the front door, highly Efficient Reliable building in Silicon Beach. Minutes from Google, Playa Vista, Venice, Culver City and Santa Monica in major developing area of Del Rey.

Last Agent to Sell the Property

Sam Shab

Compass License #01884821 Listed on: 04/13/2018

Compass

Last Buyer's Agent

Ryan Axelrod

Compass License #01939651

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,652

Year Built

  • Built in 1978

Lot Details

  • 2,503

Interior Spaces

  • 2,318 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Attached Carport

Additional Features

  • 2,503 Sq Ft Lot
  • Water Purifier

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4232-026-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,652

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2318
  • Stories: 2
  • Year Built: 1978
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 623.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Attached, Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 174703
  • Assessed Land Value: 336936
  • Assessor Parcel Number: 4232-026-038
  • Geocode Override: No
  • Lot Size Area: 2503

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.14
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Joe Bobby Ling and Joe Susan
Bought by
Ling Bobby and Ling Joe Susan
Current Estimated Value
$1,746,806

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 29, 2018
Sold by
Lt Company Inc
Bought by
Joe Bobby Ling and Joe Susan
Seller's Agent
Sam Shab
Compass
Buyer's Agent
Ryan Axelrod
Compass
List Price
$1,475,000
Sold Price
$1,375,000
Premium/Discount to List
-$100,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 9, 2017
Sold by
Mahurin Michael
Bought by
Lt Company Inc and Robert Hugh Gerner Ira
Seller's Agent
Allen Roth
Sotheby's International Realty
Buyer's Agent
Derek Lester
Compass
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.28%

Purchase Details

Closed on
Sep 23, 2002
Sold by
Tankimovich Iori
Bought by
Mahurin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 10, 2002
Sold by
Hanniss Nabil
Bought by
Tankimovich Iori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.17%

Purchase Details

Closed on
Dec 10, 2001
Sold by
Tankimovich Mariya
Bought by
Tankimovich Iori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.17%

Purchase Details

Closed on
Oct 10, 2001
Sold by
Haniss Nasra A
Bought by
Haniss Nabil

Purchase Details

Closed on
Dec 2, 1999
Sold by
Haniss George
Bought by
Haniss Nasra and Haniss Nasra A
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
Ling Bobby -- None Available
Joe Bobby Ling $1,375,000 Equity Title
Lt Company Inc $850,000 California Title
Mahurin Michael $410,000 Fidelity National Title
Tankimovich Iori $315,000 Southland Title
Tankimovich Iori -- Southland Title
Haniss Nabil -- --
Haniss Nasra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahurin Michael $328,000
Previous Owner Tankimovich Iori $299,250
Closed Mahurin Michael $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $1,375,000 -4.8% $593 / Sq Ft
05/04/2018 05/04/18 Price Changed $1,445,000 -2.0% $623 / Sq Ft
04/13/2018 04/13/18 For Sale $1,475,000 +73.5% $636 / Sq Ft
08/04/2017 08/04/17 Sold $850,000 +0.1% $367 / Sq Ft View Prior Sale
05/19/2017 05/19/17 For Sale $849,000 -- $366 / 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 $18,652 $1,564,512 $881,816 $682,696
2024 $18,652 $1,533,836 $864,526 $669,310
2023 $18,291 $1,503,762 $847,575 $656,187
2022 $17,436 $1,474,277 $830,956 $643,321
2021 $17,218 $1,445,370 $814,663 $630,707
2020 $17,398 $1,430,550 $806,310 $624,240
2019 $16,699 $1,402,500 $790,500 $612,000
2018 $10,360 $850,000 $500,000 $350,000
2016 $6,137 $501,608 $330,330 $171,278
2015 $6,048 $494,075 $325,369 $168,706
2014 $6,078 $484,398 $318,996 $165,402
Source: Public Records

Agents Affiliated with this Home

  • Sam Shab

    Seller's Agent in 2018

    Sam Shab

    Compass

    (310) 500-7226

    13 Total Sales

    Sam Shab
    Section Image
  • Ryan Axelrod

    Buyer's Agent in 2018

    Ryan Axelrod

    Compass

    (310) 339-0804

    20 Total Sales

    Ryan Axelrod
    Section Image
  • Allen Roth

    Seller's Agent in 2017

    Allen Roth

    Sotheby's International Realty

    (310) 387-7087

    1 in this area

    57 Total Sales

    Allen Roth
    Section Image
  • Derek Lester

    Buyer's Agent in 2017

    Derek Lester

    Compass

    (818) 915-0163

    1 in this area

    41 Total Sales

    Derek Lester
    Section Image
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Map

Source: The MLS

MLS Number: 18-333160

The MLS

APN: 4232-026-038

California Los Angeles County Los Angeles 90066 Del Rey

12219 Culver Blvd, Los Angeles, CA

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