NOT LISTED FOR SALE

3429 Caroline Ave Culver City, CA 90232

Mcmanus Neighborhood
12 Beds
6 Baths
4,032 Sq Ft
6,413 Sq Ft Lot

Last Sold August 16, 2016

Last sale price $3,100,000 $769 Per Sq Ft

40 Days on Market

Highlights

  • Newly Remodeled
  • Auto Driveway Gate
  • Intercom
  • Linwood E. Howe Elementary School Rated A-
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of August 2016

SEE ATTACHED SETUP!INCREDIBLY HIGH CAP RATE [5.00%] IN WEST LOS ANGELES!!! NON RENT CONTROLLED, NEW CONSTRUCTION [EXCLUDING FRAMING & FOUNDATION]! TROPHY 6 UNIT! THE DEVELOPER HAS A FANATICAL EYE FOR DETAIL FROM 35+ YEARS EXPERIENCE DESIGNING APTS, AND HAS SPARED NO EXPENSE.THE ENTIRE PROPERTY HAS JUST BEEN EXTENSIVELY REMODELED WITH A CUTTING EDGE MODERN AESTHETIC, DESERT LANDSCAPING, AND STUNNING LED LIGHTING.**TENANTS PAY FOR ALL UTILITIES INCLUDING WATER, TRASH, ELECTRIC, AND GAS! ALL UNITS HAVE INDIVIDUAL METERS.**ALL 6 UNITS HAVE NEW CENTRAL AIR AND HEAT WITH NEST THERMOSTATS, NEW COPPER PIPING, NEW ELECTRIC WIRING AND PANELS, NEW ROOF, NEW WINDOWS, INDIVIDUAL TANKLESS HOT WATER HEATERS, ENGINEERED HARDWOOD FLOORS, QUARTZ COUNTER-TOPS, NEW SHAKER CABINETS, ENERGY EFFICIENT STAINLESS STEEL APPLIANCES, COMBO WASHER DRYERS IN ALL UNITS, BLUETOOTH SPEAKERS IN RESTROOMS, 60 INCH LED TELEVISIONS IN ALL UNITS, CUSTOM CLOSETS, CONTROLLED ENTRY WITH MOTORIZED DRIVEWAY GATE.

Last Agent to Sell the Property

Aaron Biston

Uzan Realty License #00829493 Listed on: 04/28/2016

Last Buyer's Agent

Larry Turner

License #01462949

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Newly Remodeled

Lot Details

  • 6,413 Sq Ft Lot
  • Gated Home

Interior Spaces

  • 4,032 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Private Parking
  • Auto Driveway Gate
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 4312-026-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4032
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 767.61

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Driveway Gate, Gated, Private, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central
  • Security: Automatic Gate, Gated

Fee Information

  • Insurance Expense: 2000.00
  • Maintenance Expense: 2000.00
  • Management Expense: 6372.00
  • Other Expense: 600.00

Lot Info

  • Assessed Improvement Value: 244466
  • Assessed Land Value: 1250773
  • Assessor Parcel Number: 4312-026-014
  • Geocode Override: No
  • Lot Size Area: 6413

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.57
  • Number Of Units: 6
  • Total Annual Expense: 56307.50
  • Type Of Units: RENTALS
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 38688.00

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $3,100,000 +0.2% $769 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $3,095,000 -4.7% $768 / Sq Ft
04/28/2016 04/28/16 For Sale $3,249,000 +91.1% $806 / Sq Ft
06/10/2015 06/10/15 Sold $1,700,000 -1.4% $422 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $1,725,000 -- $428 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Aaron Biston

    Uzan Realty

  • L

    Buyer's Agent in 2016

    Larry Turner

  • J

    Buyer's Agent in 2016

    Jenny Sharaf

  • Jonathan Nikfarjam

    Seller's Agent in 2015

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    72 Total Sales

    Section Image
  • Gianluca Jacoli

    Seller Co-Listing Agent in 2015

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    47 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 16-120232

The MLS

California Los Angeles County Culver City 90232 Mcmanus

3429 Caroline Ave, Culver City, CA

This home is located at 3429 Caroline Ave, Culver City, CA 90232 since 28 April 2016. This property was built in 1955. 3429 Caroline Ave is a home located in Los Angeles County with nearby schools including Linwood E. Howe Elementary School, Culver City Middle School, and Culver City High School.

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