$2,899,000
$251K PRICE DROP

Estimated payment $18,342/month

Total Views 2,357
14 Beds
15 Baths
5,983 Sq Ft
$485 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • High Ceiling
  • Balcony
  • Central Heating and Cooling System

About This Home

***PRIVATE COMPOUND*** ***PRIVATE GATED DRIVEWAY*** ***PRIVATE BACKYARDS*** This is an excellent opportunity for an investor or an owner occupied wanting to live in one of the units. This ONE OF A KIND spectacular triplex featuring 3 townhouse, offers a perfect blend of modern luxury and convenience. Almost new 2020 Construction just completed in Mid City. The front 2 story single family home with 2 Car attached garage and rear 3 story 2 units with 2 car attached garage and direct access to the interior from all 3 units. The rear units could be 5br 5ba or 4br + Office. All units have central Air condition, central heating, and their own laundry. Each bedroom in all three units have their own attached bathrooms. All units comes with stainless steel refrigerator, stove, dish washer, microwave hood and washer and dryer. The rear units have private back yards with outdoor furniture and direct access from 1st floor bedroom/office/Den. All units are separately metered for water, gas and Electricity. The property is well priced for the location. The property is located with in 3 miles of Culver City Art's District, Up coming whole foods at cumulus project, metro rail, many near by restaurants and not far from DTLA. THIS IS A NON RENT CONTROL BUILDING. Don't miss out on this exceptional opportunity to live/invest in this modern, luxurious triplex in one of the most sought-after areas!

Listing Agent

Brent Talbot

Estate Properties Brokerage Phone: 310-780-1631 License #01272836 Listed on: 08/14/2024

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,631

Year Built

  • Built in 2020

Lot Details

  • 6,001 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 5,983 Sq Ft Home
  • 3-Story Property
  • High Ceiling

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 15 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 67
  • Assessor Parcel Number 5062021011
  • $353 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $4,000
  • Operating Expense $43,375
  • Gross Income $202,140
  • Net Operating Income $158,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,631

Year Built

Built in 2020

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 966333
  • Property Attached: Yes
  • Zoning: LARD2
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5062021011
  • Year Built: 2020
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, High Ceilings, Pantry
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 484.54

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378
  • Latitude Manual: 34.03630600

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Gross Income: 202140.00
  • Gross Scheduled Income: 202140.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 158765.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 43375.00
  • Rent Control: No
  • Total Expenses: 43375.00

Tax Info

  • Tax Census Tract: 2186.00
  • Tax Lot: 102
  • Tax Tract Number: 67
  • TaxOtherAnnualAssessmentAmount: 353.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $29,631 $2,489,593 $1,082,432 $1,407,161
2024 $29,631 $2,440,778 $1,061,208 $1,379,570
2023 $29,054 $2,392,920 $1,040,400 $1,352,520
2022 $27,669 $2,346,000 $1,020,000 $1,326,000
2021 $9,094 $747,160 $597,728 $149,432
2020 $9,186 $739,500 $591,600 $147,900
2019 $8,825 $725,000 $580,000 $145,000
2018 $531 $33,779 $21,091 $12,688
2016 $494 $32,470 $20,273 $12,197
2015 $489 $31,983 $19,969 $12,014
2014 $501 $31,357 $19,578 $11,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $2,899,000 -3.4% $485 / Sq Ft
01/28/2025 01/28/25 Price Changed $2,999,999 -4.8% $501 / Sq Ft
01/11/2025 01/11/25 For Sale $3,150,000 0.0% $526 / Sq Ft
10/30/2024 10/30/24 Off Market $3,150,000 -- --
09/24/2024 09/24/24 For Sale $3,150,000 0.0% $526 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $3,150,000 0.0% $526 / Sq Ft
06/07/2024 06/07/24 Rented $5,250 0.0% --
05/28/2024 05/28/24 Under Contract -- -- --
05/11/2024 05/11/24 For Rent $5,250 0.0% --
01/08/2021 01/08/21 Sold $2,300,000 0.0% $384 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $2,300,000 -- $384 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,300,000 Fidelity National Title
Grant Deed $725,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,380,000 New Conventional
Previous Owner $1,725,000 New Conventional
Previous Owner $394,500 New Conventional
Previous Owner $352,750 New Conventional
Previous Owner $236,000 Unknown
Previous Owner $59,000 Unknown
Previous Owner $244,800 Unknown
Previous Owner $231,200 Unknown
Previous Owner $166,200 Unknown
Previous Owner $25,000 Unknown
Previous Owner $60,000 Stand Alone Second
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24166494

California Regional Multiple Listing Service (CRMLS)

APN: 5062-021-011