NOT LISTED FOR SALE

3965 Eureka Dr Studio City, CA 91604

Estimated Value: $1,441,000 - $1,960,000

4 Beds
2 Baths
1,646 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $500,000 $304 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $9,764/month

Highlights

  • Corner Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Rio Vista Elementary Rated A-
  • Two Homes on a Lot
  • Bungalow

About This Home

As of January 2013

Duplex South of Ventura near Studios. Tenant occupied. Two separate buildings with garage and off street parking. May be sold with home across the street. Each unit is 2 Bedroom + 1 Bath.

Last Agent to Sell the Property

Margaret Mueller

No Firm Affiliation License #00483133 Listed on: 12/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,991 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,646 Sq Ft Home
  • Bungalow
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 50
  • Tax Tract Number 6176
  • Assessor Parcel Number 2378020024

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $900
  • New Taxes Expense $944
  • Gross Income $2,600
  • Net Operating Income $30,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Improvements Percent: 55.00
  • Water Sewer Expenses: 900.00
  • Zoning: Lar1
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 2378020024
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 303.77

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Value Percent: 45.00
  • Lot Features: Corner Lot
  • Lot Size: Irregular
  • Lot Size Sq Ft: 8991.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8991.0000 Square Feet
  • Net Operating Income: 30300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 900.00
  • Rent Control: Yes
  • Total Actual Rent: 31200.00

Tax Info

  • New Taxes Expense: 944.00
  • Tax Area: 13
  • Tax Lot: 50
  • Tax Tract Number: 6176
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Mashreghi Alireza and Mashreghi Alireza Sadre
Bought by
Mashreghi Alireza
Current Estimated Value
$1,686,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$232,782
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,453,233

Purchase Details

Closed on
Apr 17, 2012
Sold by
Johnson Julie Ann and Julie Ann Johnson 2007 Trust
Bought by
Mashreghi Alireza Sadre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2010
Sold by
Johnson Julie Ann
Bought by
Johnson Julie Ann and Julie Ann Johnson 2007 Trust

Purchase Details

Closed on
Jul 15, 1999
Sold by
Trust Chauvin Lilyan L Tr Lilyan L Chauv
Bought by
Chauvin Lilyan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mashreghi Alireza -- Chicago Title Company
Mashreghi Alireza -- Chicago Title Company
Mashreghi Alireza Sadre $500,000 Lawyers Title
Johnson Julie Ann -- None Available
Johnson Julie Ann -- None Available
Chauvin Lilyan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mashreghi Alireza $261,000
Previous Owner Mashreghi Alireza Sadre $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2013 01/16/13 Sold $500,000 -41.2% $304 / Sq Ft
12/04/2012 12/04/12 For Sale $850,000 -- $516 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
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 $11,165 $915,234 $480,251 $434,983
2024 $11,165 $897,289 $470,835 $426,454
2023 $10,952 $879,696 $461,603 $418,093
2022 $10,445 $862,448 $452,552 $409,896
2021 $10,308 $845,538 $443,679 $401,859
2020 $10,410 $836,869 $439,130 $397,739
2019 $10,001 $820,461 $430,520 $389,941
2018 $9,907 $804,375 $422,079 $382,296
2016 $6,384 $520,114 $405,690 $114,424
2015 $6,292 $512,303 $399,597 $112,706
2014 $6,323 $502,269 $391,770 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11108160

California Regional Multiple Listing Service (CRMLS)

APN: 2378-020-024