NOT LISTED FOR SALE

3676 Kelton Ave Los Angeles, CA 90034

Palms Neighborhood

Estimated Value: $1,662,000 - $2,297,000

3 Beds
2 Baths
1,495 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $2,000,000 $1,338 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,685/month

115 Days on Market

Highlights

  • Laundry Room
  • Venice High School Rated A
  • Rectangular Lot

About This Home

As of May 2022

3676 Kelton Avenue is a turnkey duplex in Los Angeles near sought-after Culver City. The property is a 1,495-square foot renovated 1954 construction that offers one one-bedroom/one-bath unit and one two-bedroom/one-bath unit. Both units boast remodeled interiors, stainless steel appliances, in-unit laundry, tankless water heaters, and air conditioning. The property also offers a two-car garage, four surface parking spaces, a new roof, copper plumbing, attractive landscaping, and the units are separately metered for gas and electricity.

3676 Kelton Avenue is located in a very strong rental market with an affluent tenant base; over 82 percent of housing units within one mile are renter-occupied and the average household income exceeds $103,000. This sought-after area is known for its major employers, such as Sony Pictures (one mile from the property), its popular dining, retail, and entertainment options, and convenient access to beach cities and the 10 and 405 freeways.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 10/26/2021

Co-Listed By

David O'Keefe

Marcus & Millichap License #01928739

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 10/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,270

Year Built

  • Built in 1954

Lot Details

  • 5,055 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,495 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 77
  • Tax Tract Number 5848
  • Assessor Parcel Number 4252024020
  • $277 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $72,552
  • Gross Income $72,552
  • Net Operating Income $41,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,270

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 950000
  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 4252024020
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 1337.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5055.00
  • Lot Size Acres: 0.1160

Multi Family

  • Gross Income: 72552.00
  • Gross Scheduled Income: 72552.00
  • Lot Size Area: 5055.0000 Square Feet
  • Net Operating Income: 41915.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 27009.00
  • Rent Control: Yes
  • Total Expenses: 72552.00

Tax Info

  • Tax Census Tract: 2718.02
  • Tax Lot: 77
  • Tax Tract Number: 5848
  • TaxOtherAnnualAssessmentAmount: 277.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2014
Sold by
Baker Cheryl Ann
Bought by
Baker Cheryl Ann and Cheryl Ann Baker Family Trust
Current Estimated Value
$1,956,574

Purchase Details

Closed on
May 6, 2009
Sold by
Mulhern Christopher
Bought by
Baker Cheryl Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2008
Sold by
Armbruster Geraldine
Bought by
Mulhern Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
6.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2006
Sold by
Schenk Robert
Bought by
Schenk R E and The R E Schenk Revocable Living Trust

Purchase Details

Closed on
May 7, 1997
Sold by
Metzger Josephine Tapia
Bought by
Schenk Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
Baker Cheryl Ann -- None Available
Baker Cheryl Ann $662,000 First American Title
Baker Cheryl Ann -- First American Title
Mulhern Christopher $485,000 Fatcola
Schenk R E -- None Available
Schenk Robert $42,500 Chicago Title
Schenk Robert $42,500 Chicago Title
Schenk Robert $42,500 Chicago Title
Schenk Robert $42,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelton Ave Investments Llc $14,250,000
Closed Baker Cheryl Ann $700,000
Closed Baker Cheryl Ann $502,800
Closed Baker Cheryl Ann $529,600
Previous Owner Mulhern Christopher $412,250
Previous Owner Schenk Robert $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $2,000,000 +5.3% $1,338 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,900,000 -- $1,271 / 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 $25,270 $2,122,415 $1,750,993 $371,422
2024 $25,270 $2,080,800 $1,716,660 $364,140
2023 $24,774 $2,040,000 $1,683,000 $357,000
2022 $9,580 $803,317 $561,840 $241,477
2021 $9,454 $787,567 $550,824 $236,743
2019 $9,166 $764,209 $534,487 $229,722
2018 $9,132 $749,225 $524,007 $225,218
2016 $8,728 $720,133 $503,660 $216,473
2015 $8,599 $709,317 $496,095 $213,222
2014 $8,634 $695,424 $486,378 $209,046
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1200

    1 in this area

    93 Total Sales

    Steve Bogoyevac
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    David O'Keefe

    Marcus & Millichap

    (562) 257-1200

    1 in this area

    52 Total Sales

    David O'Keefe
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21236292

California Regional Multiple Listing Service (CRMLS)

APN: 4252-024-020

California Los Angeles County Los Angeles 90034 Palms

3676 Kelton Ave, Los Angeles, CA

This home is located at 3676 Kelton Ave, Los Angeles, CA 90034 since 26 October 2021 and is currently estimated at $1,956,574, approximately $1,308 per square foot. This property was built in 1954. 3676 Kelton Ave is a home located in Los Angeles County with nearby schools including Charnock Road Elementary School, Palms Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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