Seller's Agent in 2020
Ramsey Oliveras
RE/MAX
(310) 378-5533
24 Total Sales
3337 Helms Ave Culver City, CA 90232
Mcmanus NeighborhoodEstimated Value: $2,060,000 - $2,910,000
6
Beds
5
Baths
3,843
Sq Ft
$632/Sq Ft
Est. Value
Highlights
- Great Room
- No HOA
- Tile Countertops
- Linwood E. Howe Elementary School Rated A-
- Den
- Laundry Room
About This Home
As of February 2020Great location 1/2 block away, walking distance to the historical charming Helms Bakery District. This "trendy area" allows the owner's to live close to everything within walking distance of Award-Winning Restaurants, Stores, Sony Studios, Downtown Access, Culver City Station, 405 & 10 freeway and train. This four-plex and (studio) has many features such as new exterior paint, and white picket fence. There is a separate owner's unit, with 3 bedrooms, 2 baths, cozy light bright living room, fireplace, hardwood floors, and ceiling fan bay window. Upstairs are 3 spacious apartments each with their own balcony. The 3 Units in the back all are 1 bedrooms & 1 baths. Below the apartments are 6 open carports and upper cabinets with individual storages. Apartment #2 has its own private staircase, with newer kitchen & bathroom, laminate floors. Apartment #3,#4 are in original condition with basic upgrades. Onsite community laundry facility. These units are very charming, and there is a unique charm and character. Or if you are an investor a great opportunity to build, on the street be sure to look at the new construction on the street.
Potential for a rent increase Buyer to do all their investigations.
Last Agent to Sell the Property
Estate Properties License #01141551 Listed on: 10/28/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,856
Year Built
- Built in 1928
Lot Details
- 6,595 Sq Ft Lot
- 1 Common Wall
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
Interior Spaces
- 3,843 Sq Ft Home
- Ceiling Fan
- Great Room
- Living Room with Fireplace
- Den
- Laminate Flooring
Kitchen
- Gas Cooktop
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 6 Parking Spaces
- 6 Attached Carport Spaces
- Driveway Level
- Paved Parking
- On-Street Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Not Available
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 4312028007
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $688
- Fuel Expense $418
- Gardener Expense $1,320
- Insurance Expense $1,673
- Maintenance Expense $1,302
- Pest Control $420
- Professional Management Expense $2,400
- Supplies Expense $256
- Water Sewer Expense $1,326
- New Taxes Expense $10,954
- Operating Expense $20,757
- Gross Income $107,463
- Net Operating Income $107,463
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2019
Closed on
Feb 4, 2020
Sold by
Hains Cindy M and Cindy M Hains Trust
Bought by
Chen Andy and Kuo Cynthia
Seller's Agent
Ramsey Oliveras
Estate Properties
Buyer's Agent
Kristine Ng
COMPASS
List Price
$2,400,000
Sold Price
$1,900,000
Premium/Discount to List
-$500,000
-20.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,767
Avg. Annual Appreciation
4.55%
Original Mortgage
$1,330,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2017
Sold by
Hains Cindy M
Bought by
Hains Cindy M and Cindy M Hains Trust
Purchase Details
Closed on
Jun 11, 2002
Sold by
Hains Cindy M
Bought by
Hains Cindy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 21, 1998
Sold by
Berne Artie S
Bought by
Hains Cindy M and Hains Arlee M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Andy | $1,900,000 | Ticor Title Company | |
| Hains Cindy M | -- | None Available | |
| Hains Cindy M | -- | Southland Title Corporation | |
| Hains Cindy M | $390,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kuo Cynthia | $1,298,500 | |
| Closed | Chen Andy | $1,330,000 | |
| Previous Owner | Hains Cindy M | $533,000 | |
| Previous Owner | Hains Cindy M | $530,000 | |
| Previous Owner | Hains Cindy M | $21,000 | |
| Previous Owner | Hains Cindy M | $359,000 | |
| Previous Owner | Hains Cindy M | $312,000 | |
| Closed | Hains Cindy M | $58,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2020 02/25/20 | Sold | $1,900,000 | -20.8% | $494 / Sq Ft |
| 01/05/2020 01/05/20 | Pending | -- | -- | -- |
| 10/28/2019 10/28/19 | For Sale | $2,400,000 | -- | $625 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $27,856 | $2,077,922 | $1,531,102 | $546,820 |
| 2024 | $27,856 | $2,037,180 | $1,501,081 | $536,099 |
| 2023 | $26,835 | $1,997,237 | $1,471,649 | $525,588 |
| 2022 | $25,455 | $1,958,077 | $1,442,794 | $515,283 |
| 2021 | $27,137 | $1,919,684 | $1,414,504 | $505,180 |
| 2020 | $11,094 | $650,320 | $469,672 | $180,648 |
| 2019 | $10,843 | $637,569 | $460,463 | $177,106 |
| 2018 | $10,433 | $625,069 | $451,435 | $173,634 |
| 2016 | $9,546 | $600,799 | $433,906 | $166,893 |
| 2015 | $9,507 | $591,776 | $427,389 | $164,387 |
| 2014 | $9,461 | $580,185 | $419,018 | $161,167 |
Source: Public Records
Agents Affiliated with this Home
-
Ramsey Oliveras
-
Kristine Ng
Buyer's Agent in 2020
Kristine Ng
COMPASS
(213) 400-7383
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV19241235
APN: 4312-028-007
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