NOT LISTED FOR SALE

4105 Madison Ave Culver City, CA 90232

Park East Neighborhood

Estimated Value: $2,061,000 - $2,559,076

3 Beds
2 Baths
1,056 Sq Ft
$2,188/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $1,930,000 $1,828 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,217/month

Highlights

  • Built-In Features
  • Central Heating and Cooling System
  • 1-Story Property
  • Linwood E. Howe Elementary School Rated A-
  • 2 Car Garage

About This Home

As of September 2018

Extraordinary property in the heart of Culver City's Carlson Park. Near Culver City's shops, restaurants & theaters. TWO 1920's CRAFTSMAN HOMES w/separate entrances divided by STUDIO-WORKSHOP-GARAGE. Enjoy California living in well-designed outdoor spaces. Craftsman porch overlooking front garden & white picket fence. Large flagstone outdoor dining & entertaining area, vegetable garden, private master bedroom deck, Bougainvillea covered pergola, outdoor salon, back porch, backyard & patio. Front house with original wood floors, fireplace, built-in shelves, remodeled kitchen & breakfast bar which are great for entertaining. Rear bungalow offers a quaint master suite which opens to private garden patio, charming living room, lovely lighted corner dining room and well-appointed kitchen. This one-of-kind property is a unique opportunity to own in best neighborhood in Culver City with access to renowned schools, services, dining & entertainment. Great income potential or live/work space.

Last Agent to Sell the Property

Todd Miller

Keller Williams Los Angeles License #01389620 Listed on: 08/31/2018

Keller Williams Los Angeles

Last Buyer's Agent

Haya Handel

Compass License #02007200

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,313

Year Built

  • Built in 1921

Lot Details

  • 6,749

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,749 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4207-015-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,313

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Extraordinary property in the heart of Culver City's Carlson Park. Near Culver City's shops, restaurants & theaters. TWO 1920's CRAFTSMAN HOMES w/separate entrances divided by STUDIO-WORKSHOP-GARAGE. Enjoy California living in well-designed outdoor spaces. Craftsman porch overlooking front garden & white picket fence. Large flagstone outdoor dining & entertaining area, vegetable garden, private master bedroom deck, Bougainvillea covered pergola, outdoor salon, back porch, backyard & patio. Front house with original wood floors, fireplace, built-in shelves, remodeled kitchen & breakfast bar which are great for entertaining. Rear bungalow offers a quaint master suite which opens to private garden patio, charming living room, lovely lighted corner dining room and well-appointed kitchen. This one-of-kind property is a unique opportunity to own in best neighborhood in Culver City with access to renowned schools, services, dining & entertainment. Great income potential or live/work space.
  • Living Area: 1056
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 1892.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2

Schools

  • School District: Culver City Unified School District

Lot Info

  • Assessed Improvement Value: 266400
  • Assessed Land Value: 763600
  • Assessor Parcel Number: 4207-015-001
  • Geocode Override: No
  • Lot Size Area: 6749

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 2
  • Total Annual Expense: 96000
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Jul 31, 2018
Sold by
Jenssen Julie Alpar and Rosche Sylvia
Bought by
Madison Llc
Seller's Agent
Todd Miller
Keller Williams Los Angeles
Buyer's Agent
Haya Handel
Compass
List Price
$1,999,000
Sold Price
$1,930,000
Premium/Discount to List
-$69,000
-3.45%
Current Estimated Value
$2,375,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,094
Avg. Annual Appreciation
2.64%
Original Mortgage
$1,390,900
Outstanding Balance
$1,213,058
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,096,961

Purchase Details

Closed on
May 6, 2015
Sold by
Jenssen Julie Alpar and Julie Alpar Jenssen Trust
Bought by
Jenssen Julie Alpar and Rosche Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Jenssen Julie Alpar
Bought by
Jenssen Julie Alpar and Julie Alpar Jenssen Trust

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Story Michael K and Story Garlinn H
Bought by
Jenssen Julie Alpar and Rosche Sylvia

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Mcfarland Bruce D and Mcfarland Megan W
Bought by
Story Michael K and Story Garlinn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.6%
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
Madison Llc $1,930,000 Lawyers Title Company
Jenssen Julie Alpar -- Progressive Title
Jenssen Julie Alpar -- --
Jenssen Julie Alpar -- Fidelity National Title Co
Story Michael K $551,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Llc $1,390,900
Previous Owner Jenssen Julie Alpar $580,000
Previous Owner Jenssen Julie Alpar $600,000
Previous Owner Story Michael K $400,000
Previous Owner Story Michael K $396,000
Previous Owner Mcfarland Bruce D $283,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $1,930,000 -3.5% $1,828 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $1,999,000 -- $1,893 / 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 $27,313 $2,209,270 $1,505,948 $703,322
2024 $27,313 $2,165,952 $1,476,420 $689,532
2023 $26,164 $2,123,483 $1,447,471 $676,012
2022 $24,994 $2,081,847 $1,419,090 $662,757
2021 $24,851 $2,041,027 $1,391,265 $649,762
2020 $12,461 $1,968,600 $1,377,000 $591,600
2019 $23,208 $1,930,000 $1,350,000 $580,000
2018 $14,820 $1,158,413 $862,118 $296,295
2016 $12,926 $1,030,000 $763,600 $266,400
2015 $12,993 $1,030,000 $763,600 $266,400
2014 -- $730,000 $540,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • Todd Miller

    Seller's Agent in 2018

    Todd Miller

    Keller Williams Los Angeles

    (310) 923-5353

    23 in this area

    193 Total Sales

    Section Image
  • Haya Handel

    Buyer's Agent in 2018

    Haya Handel

    Compass

    (310) 622-7459

    30 Total Sales

    Section Image
  • Gary Barkin

    Buyer Co-Listing Agent in 2018

    Gary Barkin

    Compass

    (310) 251-5523

    30 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-381346

The MLS

APN: 4207-015-001

California Los Angeles County Culver City 90232 Park East

4105 Madison Ave, Culver City, CA

This home is located at 4105 Madison Ave, Culver City, CA 90232 since 31 August 2018 and is currently estimated at $2,310,019, approximately $2,187 per square foot. This property was built in 1921. 4105 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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