NOT LISTED FOR SALE

4104 Madison Ave Culver City, CA 90232

Park East Neighborhood

Estimated Value: $1,912,000 - $4,838,231

9 Beds
8.5 Baths
5,915 Sq Ft
$562/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $3,400,000 $575 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $22,060/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Attached Carport
  • Laundry Facilities
  • Linwood E. Howe Elementary School Rated A-

About This Home

As of August 2018

Rare find!!! Four spacious units located on one of Culver City's finest streets and just a stone's throw away from Downtown Culver City. Built in 1967, this building features an incredible two story owners unit with an entry, step down living room (with a fireplace), separate dining room, family room with a large wet bar & eating area, a built-in kitchen, and 1/2 bath. Upstairs is the master en suite bedroom, two additional bedrooms, and full bathroom. Attached garage with direct access & inside laundry. The three other units are each over 1,200 sq.ft. and have 2 bedrooms, spacious den (could be used as a third bedroom), 2 baths, large living rooms with a fireplace. Seven car on-site parking. HUGE upside in rents!!! Owner's unit will be vacant at close of escrow.

Last Agent to Sell the Property

Hatim Zaki

Nelson Shelton & Associates License #01976387 Listed on: 06/05/2018

Nelson Shelton & Associates

Co-Listed By

Dannie Cavanaugh

Cavanaugh Realtors License #00576151

Last Buyer's Agent

Nora Wendel

Compass License #01419846

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,145

Year Built

  • Built in 1967

Lot Details

  • 6,753

Interior Spaces

  • 5,915 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8.5 Bathrooms

Parking

  • 7 Parking Spaces
  • Attached Carport

Additional Features

  • 6,753 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4207-016-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,145

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5915
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 8.50
  • Den: 0
  • Price Per S Q F T: 591.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Attached, Garage - 2 Car
  • Total Parking: 7

Utilities

  • Electric Expense: 576.00
  • Heating: Radiant
  • Water Expense: 3360.00

Fee Information

  • Gas Expense: 1140.00
  • Insurance Expense: 4500.00
  • Maintenance Expense: 5000.00

Lot Info

  • Assessed Improvement Value: 203417
  • Assessed Land Value: 59127
  • Assessor Parcel Number: 4207-016-019
  • Geocode Override: No
  • Lot Size Area: 6753

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 29.00
  • Number Of Units: 4
  • Total Annual Expense: 60289
  • Type Of Units: apartments
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 43750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 15, 2018
Sold by
Glaser Jonathan M
Bought by
Jla Madison Llc
Seller's Agent
Hatim Zaki
Nelson Shelton & Associates
Buyer's Agent
Nora Wendel
Compass
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Current Estimated Value
$3,327,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,575
Avg. Annual Appreciation
-0.31%

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jun 27, 2018
Sold by
Bradbury John W
Bought by
Glaser Jonathan M and Glaser Nancy Ellen
Seller's Agent
Hatim Zaki
Nelson Shelton & Associates
Buyer's Agent
Nora Wendel
Compass
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%

Purchase Details

Closed on
Jun 23, 2001
Sold by
Bradbury Ethel Mae
Bought by
Bradbury Ethel Mae
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
Jla Madison Llc -- Multiple
Glaser Jonathan M $3,400,000 Equity Title Company
Bradbury Ethel Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jla Madison Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $3,400,000 -2.9% $575 / Sq Ft
06/05/2018 06/05/18 For Sale $3,500,000 -- $592 / 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 $47,145 $3,792,760 $3,346,555 $446,205
2024 $47,145 $3,718,393 $3,280,937 $437,456
2023 $45,207 $3,645,484 $3,216,605 $428,879
2022 $42,991 $3,574,005 $3,153,535 $420,470
2021 $42,922 $3,503,927 $3,091,701 $412,226
2019 $40,956 $3,400,000 $3,000,000 $400,000
2018 $6,684 $267,794 $60,309 $207,485
2017 $32 $262,544 $59,127 $203,417
2016 $5,852 $257,397 $57,968 $199,429
2015 $5,856 $253,532 $57,098 $196,434
2014 $5,819 $248,567 $55,980 $192,587
Source: Public Records

Agents Affiliated with this Home

  • Hatim Zaki

    Seller's Agent in 2018

    Hatim Zaki

    Nelson Shelton & Associates

    (310) 430-1199

    2 in this area

    16 Total Sales

    Section Image
  • Dannie Cavanaugh

    Seller Co-Listing Agent in 2018

    Dannie Cavanaugh

    Cavanaugh Realtors

    (310) 837-7198

    13 in this area

    90 Total Sales

    Section Image
  • Nora Wendel

    Buyer's Agent in 2018

    Nora Wendel

    Compass

    (310) 918-2064

    37 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-350480

The MLS

APN: 4207-016-019

California Los Angeles County Culver City 90232 Park East

4104 Madison Ave, Culver City, CA

This home is located at 4104 Madison Ave, Culver City, CA 90232 since 05 June 2018 and is currently estimated at $3,326,744, approximately $562 per square foot. This property was built in 1967. 4104 Madison Ave is a home located in Los Angeles County with nearby schools including Linwood E. Howe Elementary School, Culver City Middle School, and Culver City High School.

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