NOT LISTED FOR SALE

Estimated Value: $1,542,000 - $1,739,000

3 Beds
3 Baths
1,800 Sq Ft
$906/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $761,000 $423 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $10,054/month

11 Days on Market

Highlights

  • Tile Countertops
  • Shed
  • Carpet
  • Culver City Middle School Rated A-

About This Home

As of June 2013

Triplex with all 1 bedroom, 1 bath units, approx 600sf each. Each unit has an enclosed backyard. 3-car garage in the back. 2 units are occupied (one tenant is veteran's Section 8 - VASH). Vacant front unit has new carpet and paint. Culver City zoning and schools. Down the street from an elementary school. Tenants may own some of the appliances - buyer to verify. Buyer to verify size, title, rents, schools. Expenses are estimated. Offer has been Accepted.

Last Agent to Sell the Property

Christine Qua

Christine Ann Qua License #01467485 Listed on: 04/27/2013

Co-Listed By

Alice McHugh

Preferred PropertiesLA License #01816977

Last Buyer's Agent

Lynette Williams

IRealtyPro Inc. License #00880613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,973

Year Built

  • Built in 1948

Lot Details

  • 7,544

Parking

  • 1 Open Parking Space
  • 3 Car Garage
  • Driveway

Home Design

  • 1,800 Sq Ft Home
  • Triplex
  • Raised Foundation
  • Stucco

Kitchen

  • Oven or Range
  • Tile Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

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

Additional Features

  • Shed
  • 7,544 Sq Ft Lot
  • City Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4208-021-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,973

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 1800
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 3
  • Number Dishwasher: 0
  • Flooring: Carpet, Linoleum, Mixed
  • Bedrooms: 3
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 361.06

Exterior Features

  • Construction: Stucco
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 1
  • Covered Parking: 3
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Number Electric Meters: 3
  • Water Expense: 1200.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 500.00

Lot Info

  • Assessed Improvement Value: 89970
  • Assessed Land Value: 269922
  • Assessor Parcel Number: 4208-021-009
  • Geocode Override: No
  • Lot Location: City
  • Lot Size Area: 7544

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 30000.00
  • Land Lease Type: Fee
  • Monthly Gross Income: 3850.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Gross Scheduled Income: 46200.00
  • Number Of Units: 3
  • Total Annual Expense: 11825
  • Type Of Units: Triplex
  • Vacancy Rate: 33%

Tax Info

  • Tax Expense: 8125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Arbitrage Realty Llc
Bought by
Yang Christopher and Yang Irene
Current Estimated Value
$1,631,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Yang Christopher
Bought by
Arbitrage Realty Llc

Purchase Details

Listed on
Apr 27, 2013
Closed on
May 15, 2013
Sold by
Hsbc Bank Usa National Association
Bought by
Yang Christopher and Yang Irene
Seller's Agent
Christine Qua
Christine Ann Qua
Buyer's Agent
Lynette Williams
IRealtyPro Inc.
List Price
$649,900
Sold Price
$761,000
Premium/Discount to List
$111,100
17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Salazar Adan
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 18, 2000
Sold by
Salazar Vivian
Bought by
Salazar Adan and Salazar Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 1995
Sold by
Reynolds Harold Lee
Bought by
Salazar Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Yang Christopher -- Provident Title Company
Arbitrage Realty Llc -- None Available
Yang Christopher $761,000 Servicelink
Hsbc Bank Usa National Association $625,000 Accommodation
Salazar Adan -- United Title
Salazar Vivian $410,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Christopher $493,600
Previous Owner Yang Christopher $501,000
Previous Owner Yang Christopher $570,000
Previous Owner Salazar Adan $650,000
Previous Owner Salazar Adan F $100,000
Previous Owner Salazar Adan $200,000
Previous Owner Salazar Adan $205,000
Previous Owner Salazar Vivian $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $761,000 +17.1% $423 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $649,900 -- $361 / 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 $13,973 $937,106 $738,852 $198,254
2024 $13,973 $918,732 $724,365 $194,367
2023 $13,458 $900,718 $710,162 $190,556
2022 $12,791 $883,058 $696,238 $186,820
2021 $12,658 $865,744 $682,587 $183,157
2020 $12,353 $856,867 $675,588 $181,279
2019 $12,063 $840,067 $662,342 $177,725
2018 $11,784 $823,596 $649,355 $174,241
2016 $10,928 $791,617 $624,141 $167,476
2015 $10,870 $779,727 $614,766 $164,961
2014 $10,760 $761,000 $600,000 $161,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-668411

The MLS

APN: 4208-021-009