NOT LISTED FOR SALE

Estimated Value: $2,354,000 - $3,241,000

6 Beds
5 Baths
2,645 Sq Ft
$1,037/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2018

Last sale price $2,415,000 $913 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $17,920 / mo

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Open Patio
  • Will Rogers Elementary Rated A
  • Built-In Features
  • Laundry Room

About This Home

As of May 2018

Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet tree lined st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard in a peaceful setting. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @ $3,607/mth and 2b/1ba+bonus room rented @ $3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity.

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 04/19/2018

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

Zizi Pak

Rodeo Realty License #00694610

Rodeo Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,280 Sq Ft Lot
  • Gated Home
  • Drip System Landscaping
  • Property is zoned SMR2*

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,645 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4284-026-018

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

6,280 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: www.1516Maple.com. Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @$3,607/mth & 2b/1ba+bonus rm rented @$3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity. FRONT COTTAGE:2bd + 2ba, remodeled kit & ba w/vaulted ceilings, skylights & landscaped front yard. MIDDLE COTTAGE:2bd + 1ba + bonus rm, remodeled kit w/vaulted ceilings, skylights, hrdwd & concrete flrs. BACK COTTAGE:2bd + 2ba + bonus rm/3rd bd w/vaulted ceilings, skylights, remodeled bath & patio
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2645
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Laundry: Community, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 812.48

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Stucco
  • Construction: Frame and Stucco
  • Patio: Patio Open
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Garage Structures: 0
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Security: Gated
  • Sewer: In Street
  • Water: In Street
  • Water Expense: 1800.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1768.00
  • Maintenance Expense: 712.00

Lot Info

  • Sprinklers: Drip System
  • Additions Alterations: Yes
  • Assessor Parcel Number: 4284-026-018
  • Geocode Override: No
  • Lot Size Area: 6280

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.01
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Triplex

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 26862.00

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 3, 2018
Sold by
Bought by
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
Zizi Pak
Rodeo Realty
List Price
$2,149,000
Sold Price
$2,415,000
Premium/Discount to List
$266,000
12.38%
Current Estimated Value
$2,741,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,935
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sunset Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,415,000 Equity Title Company
$302,000 Investors Title
$238,000 Investors Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,471,250
Closed $1,449,000
Previous Owner $460,000
Previous Owner $499,300
Previous Owner $499,300
Previous Owner $75,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $2,415,000 +12.4% $913 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $2,149,000 -- $812 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $34,191 $2,747,853 $2,617,005 $130,848
2024 $32,076 $2,693,975 $2,565,692 $128,283
2023 $31,564 $2,641,153 $2,515,385 $125,768
2022 $31,179 $2,589,366 $2,466,064 $123,302
2021 $30,426 $2,538,595 $2,417,710 $120,885
2020 $30,220 $2,512,566 $2,392,920 $119,646
2019 $29,920 $2,463,300 $2,346,000 $117,300
2018 $5,852 $445,808 $369,056 $76,752
2016 $5,616 $428,499 $354,726 $73,773
2015 $5,540 $422,063 $349,398 $72,665
2014 $5,490 $413,796 $342,554 $71,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-335260

The MLS

APN: 4284-026-018

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