NOT LISTED FOR SALE

3433 Sherbourne Dr Culver City, CA 90232

Estimated Value: $1,660,000 - $1,784,029

4 Beds
2 Baths
1,550 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,315,000 $848 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,438/month

4 Days on Market

Highlights

  • Laundry Room
  • Bike Trail
  • 1-Story Property
  • Linwood E. Howe Elementary School Rated A-

About This Home

As of January 2024

This is a duplex in a prime Culver City area. The address for back unit is 3435 Sherburne Drive. Each unit has 2 bedrooms /1 bath. Total 4 bedroom/2 baths with a private large back yard. Separate electric and Gas meters for each unit. Two car garage Potential to Add ADUs with another 2 bedroom/2 baths (Buyer have to Verify with city). It is good for investors and developers. It is a short distance to Downtown Culver City, Culver City schools and Ivy Station with numerous dining and shopping options. Major attractions nearby include Sony Studios, Amazon, Apple and Google. The Culver City Scenic Overlook allows for fantastic outdoor hiking. Also close by is the Kenneth Hahn State Recreation Park. The Expo light rail line is also a convenient option to get around Los Angeles. Short distance to Santa Monica, Playa Vista, and Century City. This is a rare opportunity for an investor to purchase an income property in a great Culver City location.

Last Agent to Sell the Property

Qing xiu Wang-Mizukami

AWM Realty License #01258472 Listed on: 12/05/2023

Last Buyer's Agent

Qing xiu Wang-Mizukami

AWM Realty License #01258472 Listed on: 12/05/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,104 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 3877
  • Assessor Parcel Number 4312025007

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $960
  • Water Sewer Expense $1,600
  • Operating Expense $7,060
  • Gross Income $76,800
  • Net Operating Income $69,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1600.00
  • Zoning: CCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4312025007
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 848.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6104.00
  • Lot Size Acres: 0.1401

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1200.00
  • Gross Income: 76800.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6104.0000 Square Feet
  • Net Operating Income: 69740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7060.00
  • Rent Control: Yes
  • Total Expenses: 7060.00

Tax Info

  • Tax Census Tract: 7024.00
  • Tax Lot: 55
  • Tax Tract Number: 3877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 18, 2023
Sold by
Sawako Nada and Shigemi Nada
Bought by
South Venture Equity Llc
Seller's Agent
Qing xiu Wang-Mizukami
AWM Realty
Buyer's Agent
Qing xiu Wang-Mizukami
AWM Realty
List Price
$1,259,000
Sold Price
$1,315,000
Premium/Discount to List
$56,000
4.45%
Views
29
Current Estimated Value
$1,749,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,257
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Nov 19, 2013
Sold by
Nada Shigemi
Bought by
The Sawako Nada & Shigemi Nada Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
South Venture Equity Llc $1,315,000 Fidelity National Title
The Sawako Nada & Shigemi Nada Revocable -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $1,315,000 +4.4% $848 / Sq Ft
12/05/2023 12/05/23 For Sale $1,259,000 -- $812 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $3,272 $1,341,300 $1,076,100 $265,200
2024 $3,272 $80,231 $42,038 $38,193
2023 $3,206 $78,659 $41,214 $37,445
2022 $3,053 $77,117 $40,406 $36,711
2021 $2,935 $75,606 $39,614 $35,992
2020 $2,785 $75,051 $39,208 $35,843
2019 $2,765 $73,585 $38,440 $35,145
2018 $2,420 $72,148 $37,687 $34,461
2016 $2,096 $69,137 $36,225 $32,912
2015 $2,079 $68,099 $35,681 $32,418
2014 $2,035 $66,766 $34,983 $31,783
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2024

    Qing xiu Wang-Mizukami

    AWM Realty

    (310) 415-9854

    1 in this area

    11 Total Sales

    Qing xiu Wang-Mizukami
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23219822

California Regional Multiple Listing Service (CRMLS)

APN: 4312-025-007

California Los Angeles County Culver City 90232

3433 Sherbourne Dr, Culver City, CA

Not Listed for Sale

MultiFamily

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