$2,499,000
NEW CONSTRUCTION

Estimated payment $14,492/month

Total Views 1,226
12 Beds
13 Baths
5,247 Sq Ft
$476 Price per Sq Ft

Highlights

  • New Construction
  • Quartz Countertops
  • 7 Car Attached Garage
  • Spanish Architecture
  • Balcony
  • Double Pane Windows

About This Home

2023 Newer construction. All units are occupied and actual rents are shown. The best priced property in Mid City. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rent shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow.

Listing Agent

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576 Listed on: 05/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,504

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,147 Sq Ft Lot
  • Lot Dimensions are 47x131
  • East Facing Home
  • Front and Back Yard Sprinklers

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 5,247 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 13 Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 7 Car Attached Garage
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 5050-028-050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,504

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Living Area: 5247
  • Lot Acreage: 0.1411
  • Lot Dimensions: 47x131
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2023
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Flooring: Laminate, Tile
  • Appliances: Microwave, Free Standing Gas, Oven-Gas
  • Bedrooms: 12
  • Common Walls: Attached
  • Bathroom Features: 2 Primary Baths, Low Flow Toilet(s)
  • Kitchen Features: Quartz Counters
  • Laundry: In Closet, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 13.00
  • Equipment: Garbage Disposal, Dryer, Dishwasher, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 476.27
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, Custom Built
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, On street, Uncovered
  • Total Parking: 7

Utilities

  • Water Heater: Gas, Tankless
  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Security: Smoke Detector, Fire Sprinklers, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front, Rear
  • Additions Alterations: No
  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 163200
  • Assessed Land Percent: 80
  • Assessed Land Value: 652800
  • Total Assessed Value: 816000
  • Assessor Parcel Number: 5050-028-050
  • Lot Size Area: 6147

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 14000.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener
  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.88
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Townhouse
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No

Map

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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 $10,504 $2,264,364 $692,756 $1,571,608
2024 $10,504 $848,966 $679,173 $169,793
2023 $10,305 $832,320 $665,856 $166,464
2022 $9,833 $816,000 $652,800 $163,200
2021 $9,711 $800,000 $640,000 $160,000
2020 $750 $43,880 $26,428 $17,452
2019 $731 $43,020 $25,910 $17,110
2018 $625 $42,177 $25,402 $16,775
2016 $586 $40,541 $24,416 $16,125
2015 $629 $39,933 $24,050 $15,883
2014 $591 $39,151 $23,579 $15,572
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $2,499,000 -- $476 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation
Grant Deed $800,000 Fidelity National Title Co
Individual Deed -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $720,000 New Conventional
Previous Owner $100,000 Fannie Mae Freddie Mac
Previous Owner $70,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25538347

The MLS

APN: 5050-028-050