NOT LISTED FOR SALE

Estimated Value: $1,168,000 - $2,250,000

3 Beds
3 Baths
1,500 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $1,200,000 $800 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,097/month

17 Days on Market

About This Home

As of October 2018

Rare opportunity to acquire three little cottages in the heart of the Rancho Higuera neighborhood of Culver City. Three free-standing homes built in 1923, each about 500 square feet, that feature a living room with dining area, kitchen, bedroom and bath. There is a parking pad in the back with room for three cars. Each unit is separately metered for gas and electric. Lot size is 45 x 120 (5,400 square feet) and is zoned R2. This property is ideally located within close proximity to the Culver City Expo Line station, the Hayden Tract, downtown Culver City, the Culver Studios and Platform. Please do not disturb the tenants. Trust sale, no court confirmation required. Property is being sold "as is."

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 08/14/2018

Last Buyer's Agent

Daniel Pickart

Newmark Estates License #01914551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,388

Year Built

  • Built in 1923

Lot Details

  • 5,403

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,403 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4206-005-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,388

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1500
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 863.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 3

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 130807
  • Assessor Parcel Number: 4206-005-029
  • Geocode Override: No
  • Lot Size Area: 5403

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 30.10
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 3 cottages
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 5, 2018
Sold by
St Clair Mark and The Hendrine St Clair Living T
Bought by
Kalnel Gardens Llc
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$1,746,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,988
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Jun 17, 2013
Sold by
St Clair Hendrine
Bought by
Hendrine St Clair Living Trust

Purchase Details

Closed on
Feb 1, 1996
Sold by
Stclair Hendrine M and Vincent Arron
Bought by
Stclair Hendrine
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
Kalnel Gardens Llc $1,200,000 Provident Title Company
Hendrine St Clair Living Trust -- None Available
Stclair Hendrine -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $1,200,000 -7.3% $800 / Sq Ft
08/14/2018 08/14/18 For Sale $1,295,000 -- $863 / 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 $18,388 $1,338,618 $1,115,517 $223,101
2024 $18,388 $1,312,372 $1,093,645 $218,727
2023 $17,644 $1,286,640 $1,072,201 $214,439
2022 $16,678 $1,261,413 $1,051,178 $210,235
2021 $16,509 $1,236,680 $1,030,567 $206,113
2020 $16,179 $1,224,000 $1,020,000 $204,000
2019 $15,881 $1,200,000 $1,000,000 $200,000
2018 $4,024 $133,423 $133,423 $0
2016 $2,998 $128,243 $128,243 $0
2015 $2,997 $126,317 $126,317 $0
2014 $2,983 $123,843 $123,843 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-376236

The MLS

APN: 4206-005-029