NOT LISTED FOR SALE

Estimated Value: $1,546,000 - $2,154,000

4 Beds
2 Baths
1,508 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,650,000 $1,094 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,266/month

13 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • 4-minute walk to Syd Kronenthal Park
  • Linwood E. Howe Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2021

Beautiful duplex with front unit delivered vacant. This well-maintained income property is located on a quiet cul-de-sac in the Arts District of Culver City. Each unit has two spacious bedrooms, a renovated kitchen and bath, newer windows, and hardwood floors. The back unit has access to a large fenced yard and a 2 car garage. The property just underwent a refresh with new drought tolerant landscaping and a custom exterior paint design. Collect rental income while you plan your development or perfect for the owner to occupy while receiving rental income from the second unit. Property is located on one of the best streets in Culver City near Helm's Bakery, Downtown Culver City, Art galleries, Coffee shops, and much more. Walk to the Metro station, the Culver City bike path, and other public transportation.

Last Agent to Sell the Property

Justin Freeling

Compass License #01927532 Listed on: 05/07/2021

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Todd Miller

Keller Williams Los Angeles License #01389620

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,426

Year Built

  • Built in 1954

Lot Details

  • 5,390 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4205-016-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,426

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1508
  • Lot Acreage: 0.1237
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Dryer, Range/Oven, Washer, Refrigerator
  • Price Per S Q F T: 1027.19

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 428400
  • Assessed Land Percent: 70
  • Assessed Land Value: 999600
  • Total Assessed Value: 1428000
  • Assessor Parcel Number: 4205-016-003
  • Lot Size Area: 5390

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.90
  • Number Of Units: 2
  • Total Annual Expense: 2700
  • Type Of Units: Apartments
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 8, 2021
Sold by
Buckland Terry Lee and Buckland Jennifer Phoebe
Bought by
Cc 3450 Duplex Llc
Seller's Agent
Justin Freeling
Compass
Buyer's Agent
Todd Miller
Keller Williams Los Angeles
List Price
$1,549,000
Sold Price
$1,650,000
Premium/Discount to List
$101,000
6.52%
Current Estimated Value
$1,882,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,550
Avg. Annual Appreciation
3.36%

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 2, 2019
Sold by
Buckland Terry Lee and Buckland Jennifer Phoebe
Bought by
Buckland Family Trust
Seller's Agent
Justin Freeling
Compass
Buyer's Agent
Tiffany Thompson
Keller Williams Beverly Hills
Sold Price
$2,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 8, 2018
Sold by
Buckland Terry L and Buckland Jennifer P
Bought by
Buckland Terry L and Buckland Jennifer P
Seller's Agent
Scott Harvey
Figure 8 Realty
Buyer's Agent
Colt Maloney
Figure 8 Realty
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$871,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 11, 2018
Sold by
Abramson Neil Peter
Bought by
Buckland Terry and Buckland Jennifer
Seller's Agent
Scott Harvey
Figure 8 Realty
Buyer's Agent
Colt Maloney
Figure 8 Realty
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2012
Closed on
Nov 27, 2012
Sold by
Skyline Vista Equities Llc
Bought by
Abramson Neil Peter and Briner Stacey Lee
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Lance Levin
Lancelot Residential
List Price
$779,900
Sold Price
$760,000
Premium/Discount to List
-$19,900
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
May 10, 2012
Sold by
Cardenas Aida and Gonzalez Maricela
Bought by
Skyline Vista Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2010
Sold by
Cardenas Aida
Bought by
Cardenas Aida and The Aida Cardenas Revocable Living Trust

Purchase Details

Closed on
Oct 4, 2005
Sold by
Kumashiro Isao and Kumashiro Hiroko
Bought by
Cardenas Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2005
Sold by
Cardenas Jose
Bought by
Gonzales Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization
Source: Public Records

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 Buyer Sale Price Title Company
Cc 3450 Duplex Llc $1,650,000 Equity Title Company
Buckland Family Trust -- First American Title
Buckland Terry L -- First American Title
Buckland Terry $1,400,000 Lawyers Title
Abramson Neil Peter $760,000 Fidelity National Title Co
Skyline Vista Equities Llc $590,500 Fidelity National Title Co
Cardenas Aida -- None Available
Cardenas Aida -- None Available
Cardenas Aida $800,000 Landsafe Title
Gonzales Maricela -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckland Family Trust $870,000
Previous Owner Buckland Terry L $871,000
Previous Owner Abramson Neil Peter $350,000
Previous Owner Skyline Vista Equities Llc $0
Previous Owner Cardenas Aida $640,000
Previous Owner Gonzales Maricela $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,650,000 +6.5% $1,094 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,549,000 0.0% $1,027 / Sq Ft
05/03/2019 05/03/19 Rented $2,995 0.0% --
05/01/2019 05/01/19 Under Contract -- -- --
04/25/2019 04/25/19 For Rent $2,995 0.0% --
09/25/2018 09/25/18 Sold $1,400,000 +8.1% $928 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,295,000 +70.4% $859 / Sq Ft
12/03/2012 12/03/12 Sold $760,000 -2.6% $504 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $779,900 -- $517 / Sq Ft
Source: The MLS

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 $22,426 $1,786,010 $1,298,917 $487,093
2024 $22,426 $1,750,992 $1,273,449 $477,543
2023 $21,548 $1,716,660 $1,248,480 $468,180
2022 $20,505 $1,683,000 $1,224,000 $459,000
2021 $18,134 $1,442,793 $1,009,955 $432,838
2020 $17,802 $1,428,000 $999,600 $428,400
2019 $17,267 $1,400,000 $980,000 $420,000
2018 $10,949 $822,515 $573,597 $248,918
2017 $32 $806,388 $562,350 $244,038
2016 $10,242 $790,577 $551,324 $239,253
2015 $10,261 $778,703 $543,043 $235,660
2014 $10,128 $763,450 $532,406 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-728484

The MLS

APN: 4205-016-003