NOT LISTED FOR SALE

Estimated Value: $1,200,000 - $1,999,931

6 Beds
4 Baths
3,132 Sq Ft
$532/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $1,180,000 $377 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,188/month

73 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Laundry Room
  • Traditional Architecture
  • Granite Countertops
  • Forced Air Heating System

About This Home

As of December 2015

Well Maintained NON-RENT CONTROLLED Newer 4-Unit Property In A Strong Rental Pocket Of Mid-City. Units Have Been Updated With Stainless Steel Appliances, Refinished Cabinets, New Flooring, Ceiling Fans & Bathtubs. Washer & Dryer In 2-Bedroom Units. Separately Metered For Gas & Electric. Copper Plumbing & Low Maintenance. Centrally Located Just Minutes Away From Culver City, Beverlywood & Miracle Mile, This Property Attracts Quality Tenants. Large Parking Lot As Well As Ample Street Parking. Take Over This Turn-Key Building And Start Generating Rental Income From Your Investment!

Last Agent to Sell the Property

Tia Hughes

Coldwell Banker Realty License #01839465 Listed on: 09/02/2015

Coldwell Banker Realty

Last Buyer's Agent

Darryl Colvin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,057

Year Built

  • Built in 1995

Lot Details

  • 6,569 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5067-002-052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,057

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3132
  • Stories: 2
  • Year Built: 1995
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 6
  • Bedroom Features: All Bedrooms Down
  • Kitchen Features: Granite Counters
  • Laundry: Community, In Unit, Inside
  • Laundry Equipment: Lease
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan
  • Price Per S Q F T: 383.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Ceiling Fan
  • Heating: Forced Air, Wall, Wall Gas
  • Water Expense: 1865.00

Fee Information

  • Insurance Expense: 2005.00
  • Maintenance Expense: 175.00
  • Other Expense: 598.00

Lot Info

  • Assessor Parcel Number: 5067-002-052
  • Geocode Override: No
  • Lot Size Area: 6569

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.72
  • Number Of Units: 4
  • Rent Control: No
  • Type Of Units: RESIDENTIAL

Tax Info

  • Tax Expense: 14988.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Nov 23, 2015
Sold by
Kerendian Shawn S
Bought by
Santoyo Enrique and Santoyo Aura
Seller's Agent
Tia Hughes
Coldwell Banker Realty
Buyer's Agent
Darryl Colvin
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%
Current Estimated Value
$1,666,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,733
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Kerendian Shawn S
Bought by
Kerendian Shawn S and Kerendian Biana

Purchase Details

Listed on
Oct 29, 2013
Closed on
Nov 7, 2013
Sold by
Payne Valerie
Bought by
Kerendian Shawns and Kerendian Biana
Seller's Agent
Michael Green
Michael Green Realty & Inv.
List Price
$765,000
Sold Price
$815,000
Premium/Discount to List
$50,000
6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$611,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Thompson Ronald
Bought by
Payne Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Santoyo Enrique $1,180,000 Progressive Title
Kerendian Shawn S -- None Available
Kerendian Shawns $815,000 Usa National Title Company
Payne Valerie $860,000 Financial Title Co Gardena
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerendian Shawns $611,250
Previous Owner Payne Valerie $645,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2015 12/07/15 Sold $1,180,000 -1.7% $377 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $1,200,000 +47.2% $383 / Sq Ft
12/12/2013 12/12/13 Sold $815,000 +6.5% $260 / Sq Ft View Prior Sale
11/13/2013 11/13/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $765,000 -- $244 / 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 $17,057 $1,396,874 $976,630 $420,244
2024 $17,057 $1,369,485 $957,481 $412,004
2023 $16,735 $1,342,633 $938,707 $403,926
2022 $15,970 $1,316,307 $920,301 $396,006
2021 $15,768 $1,290,498 $902,256 $388,242
2020 $15,927 $1,277,267 $893,005 $384,262
2019 $15,303 $1,252,224 $875,496 $376,728
2018 $15,147 $1,227,672 $858,330 $369,342
2016 $14,481 $1,180,000 $825,000 $355,000
2015 $10,326 $831,283 $611,988 $219,295
2014 $10,382 $815,000 $600,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-937603

The MLS

APN: 5067-002-052