NOT LISTED FOR SALE

Estimated Value: $1,852,000 - $2,290,723

4 Beds
5 Baths
2,433 Sq Ft
$851/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $1,570,260 $645 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,182/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Walk-In Closet
  • Culver City Middle School Rated A-
  • Spanish Architecture
  • Bathtub with Shower

About This Home

As of June 2018

Culver City Spanish triplex on large lot with 3 separate/detached units + garage. Located a few blocks from cafes, restaurants, shops and Sony Studio. All units are vacant, offering flexibility and upside potential for a buyer. FRONT: 2 bd, 1.5 ba, fireplace, vintage details, laundry room, private courtyard and approx. 1,215 sf. MIDDLE: 1 bd + den (formerly a 2 bd unit), 2 ba, laundry closet, large sunroom and approx. 858+ sf. BACK: 1 bd, 1 ba and approx. 360 sf. with very large patio area. An unusual opportunity to remodel all units and rent/hold, move into the front 'owners' unit and rent the back two units or develop the lot. Heavy fixer/property needs work and is sold 'as-is', with no seller repairs/credits and no termite work.

Last Agent to Sell the Property

Tregg Rustad

Rodeo Realty License #01349144 Listed on: 04/26/2018

Rodeo Realty

Co-Listed By

Peter Maurice

Rodeo Realty License #01129738

Last Buyer's Agent

David Norman

Boardwalk Real Estate, Inc. License #01116835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,788

Year Built

  • Built in 1918

Lot Details

  • 7,499 Sq Ft Lot
  • Fenced
  • Property is zoned CCR4*

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Auto Driveway Gate

Home Design

  • Spanish Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,433 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4208-023-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,788

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Culver City Spanish triplex on large lot with 3 separate/detached units + garage. Located a few blocks from cafes, restaurants, shops and Sony Studio. All units are vacant, offering flexibility and upside potential for a buyer. FRONT: 2 bd, 1.5 ba, fireplace, vintage details, private courtyard and approx. 1,215 sf. MIDDLE: 1 bd + den (formerly a 2 bd unit), 2 ba, large sunroom and approx. 858+ sf. BACK: 1 bd, 1 ba and approx. 360 sf. with very large patio area. An unusual opportunity to remodel all units and rent/hold, move into the front 'owners' unit and rent the back two units or develop the lot. Heavy fixer/property needs work and is sold 'as-is', with no seller repairs/credits and no termite work.
  • Alley: Yes
  • Living Area: 2433
  • Probate: No
  • Property Condition: Fixer, Repairs Major
  • Stories: 1
  • Year Built: 1918
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Laminate, Linoleum
  • Bedrooms: 4
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 616.11

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Number Patio: 3
  • Patio: Covered, Patio Open
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Driveway Gate, Garage
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Forced Air, Wall
  • Sewer: In Street
  • Water: In Street

Schools

  • School District: Culver City Unified School District

Lot Info

  • Assessor Parcel Number: 4208-023-004
  • Geocode Override: No
  • Lot Description: Fenced
  • Lot Location: Alley Access
  • Lot Size Area: 7499

Rental Info

  • Number Leased: 0
  • Land Lease Type: Fee
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 1
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 100

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
May 30, 2018
Sold by
Sturla Irene and The Norma Tiano Living Trust
Bought by
3920 Prospect Ave Llc
Seller's Agent
Tregg Rustad
Rodeo Realty
Buyer's Agent
David Norman
Boardwalk Real Estate, Inc.
List Price
$1,499,000
Sold Price
$1,570,260
Premium/Discount to List
$71,260
4.75%
Current Estimated Value
$2,070,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,421
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Tiano Norma S
Bought by
Sturla Irene and Norma Tiano Living Trust

Purchase Details

Closed on
Sep 2, 1997
Sold by
Culver City Unified School District
Bought by
Tiano Norma S

Purchase Details

Closed on
Oct 8, 1996
Sold by
Tiano Norma S
Bought by
Tiano Norma S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.1%
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
3920 Prospect Ave Llc $1,570,500 Equity Title
Sturla Irene -- None Available
Tiano Norma S -- --
Culver City Unified School District -- --
Tiano Norma S -- Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiano Norma S $37,880
Previous Owner Tiano Norma S $26,600
Previous Owner Tiano Norma S $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $1,570,260 +4.8% $645 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $1,499,000 -- $616 / 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 $22,788 $1,786,682 $1,365,393 $421,289
2024 $22,788 $1,751,650 $1,338,621 $413,029
2023 $21,868 $1,717,305 $1,312,374 $404,931
2022 $20,797 $1,683,634 $1,286,642 $396,992
2021 $20,647 $1,650,622 $1,261,414 $389,208
2020 $20,300 $1,633,698 $1,248,480 $385,218
2019 $19,852 $1,601,665 $1,224,000 $377,665
2018 $3,275 $97,783 $58,797 $38,986
2016 $2,808 $93,988 $56,515 $37,473
2015 $2,835 $92,578 $55,667 $36,911
2014 $2,895 $90,765 $54,577 $36,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-337536

The MLS

APN: 4208-023-004