NOT LISTED FOR SALE

Estimated Value: $1,580,000 - $1,876,000

9 Beds
4 Baths
3,864 Sq Ft
$448/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $1,690,000 $437 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,926/month

Highlights

  • Ceiling Fan
  • Laundry Facilities
  • Radiant Heating System

About This Home

As of August 2021

Hidden behind large hedges, this 4-plex Income Property with all units recently updated is located in Mid-City near Culver City close to many new and staple neighborhood restaurants. The all electric building consist of three spacious 2 bedrooms 1 bath and an over sized 3 bedroom 2 bath with great views in all directions. The property currently has three units leased and one vacancy currently being marketed but can be left open for the new owner to owner occupy if desired. Easy to show Vacant unit, inside occupied units with offer subject to interior inspection.

Last Agent to Sell the Property

Colt Maloney

Figure 8 Realty License #01952570 Listed on: 05/06/2021

Co-Listed By

Ed Faktorovich

Figure 8 Realty License #01401897

Last Buyer's Agent

Scott Harvey

Figure 8 Realty License #01963157

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,798 Sq Ft Lot

Interior Spaces

  • 3,864 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5062-009-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,798 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3864
  • Lot Acreage: 0.1101
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator
  • Price Per S Q F T: 438.66

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s), Ceiling Fan
  • Heating: Electric, Radiant

Lot Info

  • Assessed Improvement Percent: 30.56
  • Assessed Improvement Value: 440000
  • Assessed Land Percent: 69.44
  • Assessed Land Value: 1000000
  • Total Assessed Value: 1440000
  • Assessor Parcel Number: 5062-009-008
  • Lot Size Area: 4798

Rental Info

  • Total Actual Rent: 103904.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.58
  • Number Of Units: 4
  • Type Of Units: Rentals

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 30, 2019
Sold by
Johnson Rochele R
Bought by
Hhl Redondo Boulevard Llc
Seller's Agent
William Hayworth
Keller Williams Larchmont
Buyer's Agent
Colt Maloney
Figure 8 Realty
List Price
$1,550,000
Sold Price
$1,440,000
Premium/Discount to List
-$110,000
-7.1%
Current Estimated Value
$1,730,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,720
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Quinton Gwendolyn C and Johnson Rochele R
Bought by
Johnson Rochele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2002
Sold by
House Lena M
Bought by
House Lena Mae and Lena Mae House Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hhl Redondo Boulevard Llc $1,440,000 Fidelity National Title
Johnson Rochele R -- None Available
Johnson Rochele R -- First American Title Company
House Lena Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Rochele R $621,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2021 08/05/21 Sold $1,690,000 -0.3% $437 / Sq Ft
06/03/2021 06/03/21 For Sale $1,695,000 +0.3% $439 / Sq Ft
05/21/2021 05/21/21 Off Market $1,690,000 -- --
05/06/2021 05/06/21 For Sale $1,695,000 +17.7% $439 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
09/09/2019 09/09/19 Sold $1,440,000 -4.0% $373 / Sq Ft View Prior Sale
08/14/2019 08/14/19 Price Changed $1,500,000 -3.2% $388 / Sq Ft
07/09/2019 07/09/19 For Sale $1,550,000 -- $401 / Sq Ft
Source: The MLS

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 $21,869 $1,793,440 $1,267,612 $525,828
2024 $21,614 $1,758,275 $1,242,757 $515,518
2023 $21,199 $1,723,800 $1,218,390 $505,410
2022 $20,218 $1,690,000 $1,194,500 $495,500
2021 $17,587 $1,454,918 $1,010,360 $444,558
2020 $17,766 $1,440,000 $1,000,000 $440,000
2019 $1,436 $88,074 $22,828 $65,246
2018 $1,357 $86,348 $22,381 $63,967
2016 $1,256 $82,997 $21,513 $61,484
2015 $1,242 $81,751 $21,190 $60,561
2014 $1,274 $80,150 $20,775 $59,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-728730

The MLS

APN: 5062-009-008

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