NOT LISTED FOR SALE

Estimated Value: $2,334,000 - $3,695,260

13 Beds
13 Baths
6,871 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2018

Last sale price $2,650,000 $386 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $19,128 / mo

109 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Walk-In Closet
  • Tankless Water Heater
  • Marvin Avenue Elementary School Rated 9+
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2018

WE ARE PROUD TO PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY FOURPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. BEAUTIFUL 3 BED 3 BATH EACH UNIT, 2 SEPERATE BUILDINGS WITH 2 UNITS IN EACH BUILDING, TRI LEVEL BUILDINGS, OPEN FLOOR PLANS, MASTER BEDROOM IN ALL UNITS WITH WALK IN CLOSETS, QUARTS COUNTERTOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE GLASS BACK SPLASH THROUGHOUT EACH UNIT, CUSTOM WINDOW SHADES, SAMSUNG STAINLESS STEEL APPLIANCES, WHITE SHAKER CUSTOM KITCHEN CABINETS, TWO- TONED INTERIOR PAINTING, CENTRAL HVAC SYSTEM IN EACH UNIT, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT EACH UNIT, LAUNDRY ROOMS IN EACH UNIT WITH SAMSUNG WASHER & DRYER, TANKLESS WATER HEATERS, GREEN CERTIFIED, DROUGHT RESISTANT, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, AUTOMATIC DECORATIVE WOOD FENCE, EACH UNIT WITH 2 CAR ATTACHED GARAGE WITH CUSTOM EPOXY DECORATIVE FLOORING, BALCONIES IN EACH UNIT, PROPERTY WELL SECURED, PLENTY OF PARKING WITH DECORATIVE PAVERS. INDIVIDUAL METERS FOR EACH UNIT, WATER, GAS, AND ELECTRIC. 5TH ELECTRIC METER FOR EXTERIOR LIGHTING. PROPERTY CENTRALLY LOCATED TO MAJOR TRANSPORTATION, 10 FWY, LA CIENAGA BLVD, VENICE BLVD, FAIRFAX, METRO EXPO LINE, DOWNTOWN CULVER CITY (2 MILES), BEVERLY CENTER (4 MILES), THE GROVE (3 MILES) & CEDAR SINAI HOSPITAL. NEAR BY DINING, NIGHT LIFE & SHOPPING LOCATIONS.TURN KEY, NO RENT CONTROL, HIGH CASH FLOW.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA License #01218901 Listed on: 08/24/2017

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 6,848 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 8 Car Garage
  • Automatic Gate

Home Design

  • Property Attached

Interior Spaces

  • 6,871 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Fire Sprinkler System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 13 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6460
  • Assessor Parcel Number 5064022004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,125
  • New Taxes Expense $41,125
  • Operating Expense $43,250
  • Gross Income $181,200
  • Net Operating Income $136,950

Property Details

Home Type

Multi-Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

6,848 Sq Ft Lot

Parking

8

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Fire Sprinkler System
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5064022004
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 385.68
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Master Bedroom, Walk-In Closet

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6848.00

Multi Family

  • Gross Income: 181200.00
  • Gross Scheduled Income: 181200.00
  • Insurance Expense: 2125.00
  • Net Operating Income: 136950.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 43250.00
  • Rent Control: No
  • Total Expenses: 43250.00

Tax Info

  • New Taxes Expense: 41125.00
  • Tax Census Tract: 2703.00
  • Tax Lot: 4
  • Tax Tract Number: 6460

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

Closed on
Mar 6, 2024
Sold by
Bought by
Current Estimated Value
$2,992,565

Purchase Details

Closed on
Jan 2, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 24, 2017
Closed on
Dec 22, 2017
Sold by
Bought by
Seller's Agent
Joe Vivanco
Keller Williams SELA
List Price
$3,290,000
Sold Price
$2,650,000
Premium/Discount to List
-$640,000
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%

Purchase Details

Listed on
Mar 22, 2016
Closed on
Mar 30, 2016
Sold by
Bought by
Seller's Agent
Pila Jessie
KHORR Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$585,000
Sold Price
$635,000
Premium/Discount to List
$50,000
8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.16%

Purchase Details

Closed on
Jun 17, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Accommodation/Courtesy Recordi
-- Accommodation/Courtesy Recordi
$2,650,000 Wfg National Title Company
$635,000 Stewart Title
$250,000 Investors Title Company
-- None Available
-- None Available
-- --
-- --
-- Ticor
$225,000 Ticor
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
Previous Owner $200,000
Previous Owner $180,000
Closed $45,000
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 Prior Sale
01/30/2018 01/30/18 Sold $2,650,000 -10.2% $386 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
10/17/2017 10/17/17 Price Changed $2,950,000 -10.3% $429 / Sq Ft
08/24/2017 08/24/17 For Sale $3,290,000 +418.1% $479 / Sq Ft
04/12/2016 04/12/16 Sold $635,000 0.0% $568 / Sq Ft View Prior Sale
03/29/2016 03/29/16 Pending -- -- --
03/28/2016 03/28/16 Off Market $635,000 -- --
03/22/2016 03/22/16 For Sale $585,000 +71.1% $523 / Sq Ft
12/21/2012 12/21/12 Sold $342,000 +3.6% $306 / Sq Ft View Prior Sale
12/05/2012 12/05/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $330,000 -- $295 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $36,711 $3,015,243 $2,048,091 $967,152
2024 $36,230 $2,956,122 $2,007,933 $948,189
2023 $35,529 $2,898,160 $1,968,562 $929,598
2022 $33,878 $2,841,334 $1,929,963 $911,371
2021 $33,444 $2,785,622 $1,892,121 $893,501
2019 $32,441 $2,703,000 $1,836,000 $867,000
2018 $8,108 $660,653 $528,523 $132,130
2016 $4,347 $355,758 $218,448 $137,310
2015 $4,284 $350,415 $215,167 $135,248
2014 $4,305 $343,552 $210,953 $132,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17193935

California Regional Multiple Listing Service (CRMLS)

APN: 5064-022-004

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