NOT LISTED FOR SALE

Estimated Value: $1,766,000 - $2,644,176

6 Beds
4 Baths
1,913 Sq Ft
$1,092/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2021

Last sale price $1,630,000 $852 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $13,275 / mo

49 Days on Market

Highlights

  • Traditional Architecture
  • Open Patio
  • Tile Flooring
  • Venice High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2021

3865-67 McLaughlin is an incredible opportunity to acquire a SFR plus a non rent controlled unit in the highly desirable Mar Vista neighborhood just 3.5 miles from Venice Beach. The property is comprised of two structures totaling over 1,913sf on a large 7,761sf lot. The front unit is a 3 bd/2 bth single family home approx. 1,384sf and includes large living room with bay window, recessed lighting, skylight, a dining room that leads to kitchen, and separate laundry room. Master bedroom w/ full bath and a bonus area that leads to a back deck and yard. Ample parking and storage with 2 car detached garage and long driveway. In the rear is a 2-story structure built in 2011 as a 3 bd/2 bth rental unit with separate access, driveway parking, and a private yard. Both units are currently occupied and the rear unit is NOT subject to rent control. Prime location of McLaughlin-Culver City in Los Angeles near Venice, Marina Del Rey, Santa Monica, LAX, Playa Vista, Century City, and Silicon Beach.

Last Agent to Sell the Property

Chad Lund

Douglas Elliman License #00998185 Listed on: 12/03/2020

Douglas Elliman

Co-Listed By

Brian Noh

Nohco Real Estate License #01438155

Last Buyer's Agent

Wendi Chandler

Sotheby's International Realty License #02016508

Sotheby's International Realty

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,761 Sq Ft Lot
  • Lot Dimensions are 50x155

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • No Garage
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,913 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4214-016-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,761 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1913
  • Lot Acreage: 0.1782
  • Lot Dimensions: 50x155
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Bedrooms: 6
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 862.00

Exterior Features

  • Other Structures: None
  • Patio: Patio Open

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Parking Garage: Garage - None, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Percent: 37.54
  • Assessed Improvement Value: 377361
  • Assessed Land Percent: 62.46
  • Assessed Land Value: 627904
  • Total Assessed Value: 1005265
  • Assessor Parcel Number: 4214-016-005
  • Lot Size Area: 7761

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 85097.00
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2019
Sold by
Hollatz Nelly
Bought by
Current Estimated Value
$2,089,294

Purchase Details

Closed on
Oct 20, 2011
Sold by
Hollatz Steve
Bought by
Hollatz Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Wallace Dennette and Wallace Deanette
Bought by
Hollatz Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,800
Interest Rate
5.65%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 10, 2007
Sold by
Wallace Dennette and Orville L Cline Revocable Trus
Bought by
Wallace Deanette

Purchase Details

Closed on
Jan 31, 2006
Sold by
Cline Orville L
Bought by
Cline Orville L and Orville L Cline Revocable Trus

Purchase Details

Closed on
Aug 2, 1996
Sold by
Springer Hazel A
Bought by
Cline Orville L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.33%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mar Vista, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Hollatz Nelly $735,000 Advantage Title Inc
Hollatz Steve $694,000 Fidelity National Title Co
Wallace Deanette -- None Available
Cline Orville L -- None Available
Cline Orville L $185,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $551,250
Previous Owner Hollatz Steve $554,800
Previous Owner Cline Orville L $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $1,630,000 -1.2% $852 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $1,649,000 0.0% $862 / Sq Ft
02/01/2019 02/01/19 Rented $3,300 0.0% --
01/14/2019 01/14/19 For Rent $3,300 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,631 $1,821,729 $1,324,895 $496,834
2025 $21,631 $1,786,010 $1,298,917 $487,093
2024 $21,360 $1,750,992 $1,273,449 $477,543
2023 $20,947 $1,716,660 $1,248,480 $468,180
2022 $19,973 $1,683,000 $1,224,000 $459,000
2021 $18,724 $1,563,026 $1,182,121 $380,905
2020 $13,155 $1,066,794 $666,336 $400,458
2019 $12,634 $1,045,877 $653,271 $392,606
2018 $12,533 $1,025,370 $640,462 $384,908
2016 $11,987 $985,555 $615,593 $369,962
2015 $11,812 $970,752 $606,347 $364,405
2014 $11,858 $951,737 $594,470 $357,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-666832

The MLS

APN: 4214-016-005

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