NOT LISTED FOR SALE

Estimated Value: $1,352,000 - $1,787,096

4 Beds
2 Baths
1,600 Sq Ft
$968/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $1,125,000 $703 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,408/month

16 Days on Market

About This Home

As of May 2021

Rare opportunity to buy two legal homes on an R1 lot in the highly desirable Del Rey neighborhood. Each free standing home has two bedrooms and one bath and both are currently rented to long term tenants. Front house is approximately 850 square feet in size and the rear house is about 750. Each house has a small private yard/patio area. Carport attached to front house. 5,625 square foot lot. Fantastic location near Marina del Rey, Glen Alla Park, and Marina Shopping Center. Trust sale, no court confirmation needed.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 03/17/2021

Last Buyer's Agent

Omid Shokoufandeh

SHK Realty License #01938930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,125

Year Built

  • Built in 1950

Lot Details

  • 5,626 Sq Ft Lot

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4223-011-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,125

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1600
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 703.13

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 219300
  • Assessed Land Value: 586500
  • Assessor Parcel Number: 4223-011-008
  • Lot Size Area: 5626

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2 on lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Shokoufandeh Omid
Bought by
Omid Shokoufandeh Living Trust and Shokoufandeh
Current Estimated Value
$1,549,024

Purchase Details

Closed on
Jun 21, 2023
Sold by
Grobe Elizabeth
Bought by
Shokoufandeh Omid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,178
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 13, 2021
Sold by
Doris Shaby Trust
Bought by
Shokoufandeh Omid and Grobe Elizabeth
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
Omid Shokoufandeh
SHK Realty
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$1,071,427
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2016
Sold by
Shaby David M
Bought by
David & Doris Shaby Trust

Purchase Details

Closed on
Jul 17, 1998
Sold by
Shaby David M
Bought by
Ethridge Funding Llc

Purchase Details

Closed on
Aug 22, 1997
Sold by
David And Doris Shaby Trust
Bought by
Shaby David M
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
Omid Shokoufandeh Living Trust -- None Listed On Document
Shokoufandeh Omid $100,000 Stewart Title
Shokoufandeh Omid $1,125,000 Lawyers Title
David & Doris Shaby Trust -- None Available
Shaby David M -- None Available
Ethridge Funding Llc -- --
Shaby David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shokoufandeh Omid $167,178
Previous Owner Shokoufandeh Omid $1,071,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $1,125,000 0.0% $703 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,125,000 -- $703 / 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 $15,125 $1,271,867 $1,127,716 $144,151
2024 $15,125 $1,246,929 $1,105,604 $141,325
2023 $14,292 $1,170,450 $1,040,400 $130,050
2022 $13,627 $1,147,500 $1,020,000 $127,500
2021 $10,391 $863,977 $628,845 $235,132
2020 $10,498 $855,119 $622,397 $232,722
2019 $10,080 $838,353 $610,194 $228,159
2018 $10,011 $821,916 $598,230 $223,686
2016 $3,944 $317,822 $238,371 $79,451
2015 $3,888 $313,049 $234,791 $78,258
2014 $3,915 $306,918 $230,192 $76,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-706898

The MLS

APN: 4223-011-008