NOT LISTED FOR SALE

Estimated Value: $1,391,000 - $2,507,000

4 Beds
4 Baths
2,359 Sq Ft
$845/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2014

Last sale price $1,280,000 $543 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,789 / mo

12 Days on Market

Highlights

  • 4 Car Garage
  • Culver City Middle School Rated A-
  • 3-minute walk to Tellefson Park

About This Home

As of November 2014

Unique 4-unit income property in non-rent controlled Culver City. Property includes three separate structures plus income storage spaces. Front unit was completely remodeled in 2006, features an open floor plan, cathedral ceilings, hardwood floors, tiled kitchen and bath, skylights and tons of natural light. Could partition space in main unit to add 2nd bedroom. The back three rental units are high income/high loyalty living spaces, currently occupied by tenants drawn from the hub of Silicon Beach, nearby media companies and creative studios. Located in highly desired Culver City school district and conveniently located between Venice Blvd and Washington Blvd. Walking distance to Culver Crossroads Shopping Center, NFL Network, Sony Studios as well as many other hip shops and restaurants.

Last Agent to Sell the Property

Patrick Joyce

Keller Williams Beverly Hills License #01916239 Listed on: 09/25/2014

Co-Listed By

Daniel Batsalkin

Compass License #01421366

Last Buyer's Agent

Laura Davis

Estate Properties License #01211435

Estate Properties

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 1928

Lot Details

  • 7,506

Parking

  • 4 Car Garage

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,506 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4213-003-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

7,506 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2359
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 548.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 361944
  • Assessed Land Value: 509375
  • Assessor Parcel Number: 4213-003-011
  • Geocode Override: No
  • Lot Size Area: 7506

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.37
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: residential

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

Listed on
Sep 25, 2014
Closed on
Nov 12, 2014
Sold by
Bought by
Seller's Agent
Patrick Joyce
Keller Williams Beverly Hills
Buyer's Agent
Laura Davis
Estate Properties
List Price
$1,295,000
Sold Price
$1,280,000
Premium/Discount to List
-$15,000
-1.16%
Current Estimated Value
$1,993,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,337
Avg. Annual Appreciation
3.86%
Original Mortgage
$896,000
Outstanding Balance
$686,914
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,306,423

Purchase Details

Listed on
Sep 25, 2014
Closed on
Nov 3, 2014
Sold by
Bought by
Seller's Agent
Patrick Joyce
Keller Williams Beverly Hills
Buyer's Agent
Laura Davis
Estate Properties
List Price
$1,295,000
Sold Price
$1,280,000
Premium/Discount to List
-$15,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Outstanding Balance
$686,914
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,306,423

Purchase Details

Closed on
Aug 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Culver City, 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
-- Fidelity National Title
$1,280,000 Fidelity National Title
-- --
$750,000 Equity Title
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
Open $896,000
Previous Owner $125,000
Previous Owner $600,000
Closed $112,500
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
11/21/2014 11/21/14 Sold $1,280,000 -1.2% $543 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $1,295,000 -- $549 / Sq Ft
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
2025 $21,747 $1,538,361 $1,057,624 $480,737
2024 $21,208 $1,508,198 $1,036,887 $471,311
2023 $20,412 $1,478,626 $1,016,556 $462,070
2022 $19,426 $1,449,634 $996,624 $453,010
2021 $19,256 $1,421,211 $977,083 $444,128
2020 $18,860 $1,406,640 $967,065 $439,575
2019 $18,342 $1,379,059 $948,103 $430,956
2018 $18,072 $1,352,019 $929,513 $422,506
2016 $16,792 $1,299,520 $893,420 $406,100
2015 $16,787 $1,280,000 $880,000 $400,000
2014 $12,312 $875,274 $511,687 $363,587
Source: Public Records

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Map

Source: The MLS

MLS Number: 14-796707

The MLS

APN: 4213-003-011

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