NOT LISTED FOR SALE

Estimated Value: $1,100,000 - $1,251,271

4 Beds
2 Baths
1,530 Sq Ft
$768/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $975,000 $637 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,451/month

51 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

As of January 2021

One unit to be delivered vacant. California Bungalow, a beautiful two unit investment property, first time on the market in decades. Located in Topanga’s surf community, close to shops, stores and restaurants. Each unit has two bedrooms, one bathroom, galley kitchen, dining area, and one of the units has its own fireplace. Each unit has HVAC. There is a shared two car garage, shared laundry room, and a nice yard area. Features include-HVAC for each unit, newer windows, copper plumbing, one fireplace, two car garage, laundry room, updated electrical panel. 1530 Sq. Ft. approx., 6249 Sq. Ft. Lot approx., Built 1951.

Last Agent to Sell the Property

Christopher Rizzotti

REMAX Empower License #01298167 Listed on: 09/20/2020

Last Buyer's Agent

Brian Parsons

Keller Williams Realty License #01712649

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,781

Year Built

  • Built in 1951

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 470
  • Tax Tract Number 6170
  • Assessor Parcel Number 2169008008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,781

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2169008008
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 637.25
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1374.01
  • Tax Lot: 470
  • Tax Tract Number: 6170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Dec 18, 2020
Sold by
Johnson Donald P and Johnson Lana R
Bought by
Stewart Jules M
Seller's Agent
Christopher Rizzotti
REMAX Empower
Buyer's Agent
Brian Parsons
Keller Williams Realty
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,174,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,318
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
May 11, 2011
Sold by
Johnson Donald P and Johnson Lana R
Bought by
Johnson Donald P and Johnson Lana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Johnson Donald P and Johnson Lana R
Bought by
Johnson Donald P
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
Stewart Jules M $975,000 Ticor Title
Johnson Donald P -- North American Title Co Inc
Johnson Donald P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Donald P $205,000
Previous Owner Johnson Donald P $245,000
Previous Owner Johnson Donald P $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $975,000 0.0% $637 / Sq Ft
09/20/2020 09/20/20 For Sale $975,000 -- $637 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,781 $1,055,370 $405,912 $649,458
2024 $12,781 $1,034,677 $397,953 $636,724
2023 $12,534 $1,014,390 $390,150 $624,240
2022 $11,972 $994,500 $382,500 $612,000
2021 $6,636 $533,216 $266,608 $266,608
2020 $6,700 $527,750 $263,875 $263,875
2019 $6,442 $517,402 $258,701 $258,701
2018 $6,366 $507,258 $253,629 $253,629
2016 $6,068 $487,562 $243,781 $243,781
2015 $5,982 $480,240 $240,120 $240,120
2014 $6,011 $470,834 $235,417 $235,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20196627

California Regional Multiple Listing Service (CRMLS)

APN: 2169-008-008