NOT LISTED FOR SALE

3947 Prospect Ave Culver City, CA 90232

Clarkdale Neighborhood

Estimated Value: $1,709,000 - $2,289,032

4 Beds
3 Baths
2,168 Sq Ft
$911/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $900,000 $415 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $12,106/month

9 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Culver City Middle School Rated A-
  • Stacked Washer and Dryer
  • 4-minute walk to Tellefson Park

About This Home

As of November 2012

Bring offers, Just Listed! Culver City tripelx in ABSOLUTE TURN KEY CONDITION. The property is immaculate and has been meticulously maintained by current ownership. Each unit has stackable washer and dryer, rear entry/exits and seperate water heaters. Other features include granite counter tops, hardwood flooring, laminate flooring and slate flooring, large windows allowing tons of natural light, patio, garage parking with brand new electronic doors, and much more. Additionally, the property has copper plumbing and a newer roof. It is close to trendy downtown Culver City fine dining and shopping. Also convenient access to the 405 and 10 freeways.

Last Agent to Sell the Property

Brian Estes

Re/Max Commercial & Investment License #01394559 Listed on: 09/24/2012

Re/Max Commercial & Investment

Last Buyer's Agent

Zan Sacker

Keller Williams Los Angeles License #01279796

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,064

Year Built

  • Built in 1952

Lot Details

  • 7,533

Parking

  • 3 Car Garage

Home Design

  • 2,168 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • 7,533 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 7028
  • Assessor Parcel Number 4213002025

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,050
  • Water Sewer Expense $1,937
  • New Taxes Expense $12,108
  • Gross Income $5,145
  • Net Operating Income $44,826

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,064

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 31080222525
  • Water Sewer Expenses: 1937.00
  • Property Type: Residential Income
  • Parcel Number: 4213002025
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 415.13

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Stackable

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7533.00
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Income: 5145.00
  • Gross Scheduled Income: 61740.00
  • Insurance Expense: 1050.00
  • Lot Size Area: 7533.0000 Square Feet
  • Net Operating Income: 44826.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16914.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12108.00
  • Tax Lot: 23
  • Tax Tract Number: 7028
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Oct 11, 2012
Sold by
The Blakely Clark Group Inc
Bought by
Jung Kyu Sik and Jung Inhee H
Seller's Agent
Brian Estes
Re/Max Commercial & Investment
Buyer's Agent
Zan Sacker
Keller Williams Los Angeles
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$1,976,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,008
Avg. Annual Appreciation
6.40%
Original Mortgage
$645,000
Outstanding Balance
$446,037
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$1,541,199

Purchase Details

Closed on
Dec 9, 2009
Sold by
Edwa Janiece
Bought by
The Blakely Clark Group Inc

Purchase Details

Closed on
May 7, 2009
Sold by
The Blakely Clark Group Inc
Bought by
Edwa Janiece and Edwa Robert

Purchase Details

Closed on
Jun 10, 2005
Sold by
Webb Terry Dean
Bought by
Edwa Robert and Edwa Janiece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 17, 2004
Sold by
Webb Terry Dean
Bought by
Webb Terry Dean and Webb Donna Mae

Purchase Details

Closed on
Mar 14, 2003
Sold by
Sienczak Josephine L
Bought by
Webb Terry Dean and Webb Donna M

Purchase Details

Closed on
Aug 14, 2002
Sold by
Sienczak Josephine L
Bought by
Sienczak Josephine L and Josephine L Sienczak Revocable Trust

Purchase Details

Closed on
Jul 1, 1999
Sold by
Sienczak Josephine L
Bought by
Sienczak Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 3, 1997
Sold by
Sienczak Candace L
Bought by
Sienczak Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,974
Interest Rate
7.44%
Mortgage Type
Credit Line Revolving
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
Jung Kyu Sik $900,000 Old Republic Title Co
The Blakely Clark Group Inc -- None Available
Edwa Janiece -- None Available
Edwa Robert $1,025,000 Investors Title Company
Webb Terry Dean -- --
Webb Terry Dean $248,000 --
Sienczak Josephine L -- --
Sienczak Josephine L -- Commonwealth Title
Sienczak Josephine L -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Kyu Sik $645,000
Previous Owner The Blakely Clark Group Inc $250,000
Previous Owner Edwa Robert $260,000
Previous Owner Webb Terry Dean $100,000
Previous Owner Webb Terry Dean $300,000
Previous Owner Sienczak Josephine L $243,750
Previous Owner Sienczak Josephine $30,000
Previous Owner Sienczak Josephine L $180,000
Previous Owner Sienczak Josephine L $166,000
Previous Owner Sienczak Josephine L $149,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $900,000 -2.7% $415 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $925,000 -- $427 / 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 $16,064 $1,108,276 $775,795 $332,481
2024 $16,064 $1,086,546 $760,584 $325,962
2023 $15,487 $1,065,242 $745,671 $319,571
2022 $14,682 $1,044,355 $731,050 $313,305
2021 $14,554 $1,023,878 $716,716 $307,162
2019 $13,832 $993,510 $695,458 $298,052
2018 $13,529 $974,030 $681,822 $292,208
2016 $12,592 $936,209 $655,347 $280,862
2015 $12,510 $922,148 $645,504 $276,644
2014 $12,436 $904,085 $632,860 $271,225
Source: Public Records

Agents Affiliated with this Home

  • Brian Estes

    Seller's Agent in 2012

    Brian Estes

    RE/MAX

    (310) 802-2525

    17 Total Sales

    Brian Estes
    Section Image
  • Zan Sacker

    Buyer's Agent in 2012

    Zan Sacker

    Keller Williams Los Angeles

    (310) 560-1622

    27 Total Sales

    Zan Sacker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12119160

California Regional Multiple Listing Service (CRMLS)

APN: 4213-002-025

California Los Angeles County Culver City 90232 Clarkdale

3947 Prospect Ave, Culver City, CA

This home is located at 3947 Prospect Ave, Culver City, CA 90232 since 24 September 2012 and is currently estimated at $1,976,008, approximately $911 per square foot. This property was built in 1952. 3947 Prospect Ave is a home located in Los Angeles County with nearby schools including La Ballona Elementary School, Culver City Middle School, and Culver City 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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