$1,400,000
SOLD OCT 16, 2024
5 Beds
3 Baths
1,958 Sq Ft
4,399 Sq Ft Lot

Recently Sold

$715 Per Sq Ft

9 Days on Market

Highlights

  • New Construction
  • Modern Architecture
  • Central Heating and Cooling System
  • Fireplace in Kitchen
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of October 2024

Welcome to your dream home or your first smart investment! Live in one unit and rent the other one. Unprecedented opportunity to own this single family home plus a newly constructed ADU ideally located in the vibrant Mid City neighborhood, just blocks away from the bustling area of Culver City. You read that right, these two homes on a lot are less than 10 minutes away from Culver City Downtown and it has two legal separate addresses. This stylish and contemporary property offers the perfect blend of comfort, convenience, and elegance. The front unit is a 2 beds 1 bath and boasts an open floor plan with abundant natural light, washer and dryer in the unit and ample cabinetry. The rear unit is a 3 bedroom 2 bath and features generous bedrooms with built-in closets, modern bathrooms with high-end fixtures, spacious vanities, energy-efficient windows, central HVAC systems and much more. It also has a 1 car attached garage ensuring convenience and security. Situated in the heart of Mid City, this duplex offers easy access to the vibrant cultural scene and amenities of both the emerging neighborhood of Mid City and the already established Culver City. Enjoy nearby parks, trendy restaurants, shopping districts, and entertainment options. The location also provides convenient access to major highways and public transportation, making commuting a breeze.

Last Agent to Sell the Property

Barbara Isabel

Keller Williams Beverly Hills License #02057627

Keller Williams Beverly Hills

Last Buyer's Agent

Tanya Stawski

Sotheby's International Realty License #01918308

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,399 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Cul-De-Sac
  • Property is zoned LAR1

Home Design

  • Modern Architecture
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Laminate Flooring

Kitchen

  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5048-012-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$641

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1958
  • Lot Acreage: 0.1010
  • Lot Dimensions: 40x110
  • Probate: No
  • Property Condition: Updated/Remodeled, New Construction
  • Stories: 1
  • Year Built: 2024
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Great Room, Kitchen
  • Flooring: Laminate
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Washer, Dryer, Stackable W/D Hookup
  • Price Per S Q F T: 714.40

Exterior Features

  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Attached, Driveway
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Public
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 850.00

Lot Info

  • Assessed Improvement Percent: 47.44
  • Assessed Improvement Value: 17407
  • Assessed Land Percent: 52.56
  • Assessed Land Value: 19289
  • Total Assessed Value: 36696
  • Assessor Parcel Number: 5048-012-030
  • Lot Description: 2-4 Lots
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 4399

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.11
  • Number Of Units: 2
  • Total Annual Expense: 18485
  • Type Of Units: Singles
  • Vacancy Rate: 100

Tax Info

  • Tax Expense: 17485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 15, 2024
Sold by
5 Star Discount Homes Llc
Bought by
Ticus Julia
Seller's Agent
Barbara Isabel
Keller Williams Beverly Hills
Buyer's Agent
Tanya Stawski
Sotheby's International Realty
List Price
$1,398,800
Sold Price
$1,400,000
Premium/Discount to List
$1,200
0.09%
Total Days on Market
9
Views
18
Current Estimated Value
$1,342,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,399
Avg. Annual Appreciation
-4.11%
Original Mortgage
$1,050,000
Outstanding Balance
$1,044,059
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$319,942

Purchase Details

Closed on
Mar 5, 2024
Sold by
Christopher E Hines Living Trust
Bought by
5 Star Discount Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Hines Sadie R
Bought by
Hines Sadie R and Sadie R Hines Living Trust

Map

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 Type Sale Price Title Company
Grant Deed $1,400,000 None Listed On Document
Grant Deed $750,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $896,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2024 12/07/24 Off Market $3,750 -- --
11/12/2024 11/12/24 Price Changed $3,750 -2.6% $4 / Sq Ft
10/18/2024 10/18/24 For Rent $3,850 0.0% --
10/16/2024 10/16/24 Sold $1,400,000 0.0% $715 / Sq Ft
10/16/2024 10/16/24 Sold $1,400,000 +0.1% $715 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/13/2024 09/13/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $1,398,800 0.0% $714 / Sq Ft
09/04/2024 09/04/24 For Sale $1,398,800 -- $714 / 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
2024 $641 $37,429 $19,674 $17,755
2023 $552 $36,696 $19,289 $17,407
2022 $533 $35,977 $18,911 $17,066
2021 $518 $35,273 $18,541 $16,732
2019 $505 $34,229 $17,992 $16,237
2018 $477 $33,559 $17,640 $15,919
2016 $448 $32,257 $16,956 $15,301
2015 $442 $31,774 $16,702 $15,072
2014 $454 $31,152 $16,375 $14,777
Source: Public Records

Source: The MLS

MLS Number: 24-435535

The MLS

APN: 5048-012-030