NOT LISTED FOR SALE
26 Beds
24 Baths
12,780 Sq Ft
0.31 Acres

Last Sold September 03, 2020

Last sale price $5,450,000 $426 Per Sq Ft

7 Days on Market

About This Home

As of September 2020

Extremely rare opportunity for an Investor to purchase a 12 unit building in a prime Culver City location. Beautifully maintained building with a great unit mix consisting of 10 - 2 bedroom + 1 1/2 bath units and 2 - 3 bedroom + 2 bath units. Units are well below market with huge upside in the rents. Located near downtown Culver City, the site of many entertainment and tech offices including Amazon, Apple, HBO, TikToc and Sony Pictures. Property is on the market for the first time in almost 20 years. Seller to carry a first Trust Deed at 4% fixed for 10 years.

Last Agent to Sell the Property

Gary Fox

Miller & Desatnik Realty Co. License #00847295 Listed on: 07/10/2020

Co-Listed By

Mike Wozniak

Miller & Desatnik Realty Co. License #01856514

Last Buyer's Agent

Gary Fox

Miller & Desatnik Realty Co. License #00847295 Listed on: 07/10/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.31

Interior Spaces

  • 12,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 24 Bathrooms

Parking

  • 18 Parking Spaces
  • Covered Parking

Additional Features

  • 0.31 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4208-027-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 12780
  • Lot Acreage: 0.3079
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 26
  • Total Bathrooms: 24.00
  • Price Per S Q F T: 444.05

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 18

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 81.15
  • Assessed Improvement Value: 1533838
  • Assessed Land Percent: 18.85
  • Assessed Land Value: 356404
  • Total Assessed Value: 1890242
  • Assessor Parcel Number: 4208-027-002
  • Lot Size Area: 13413

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.53
  • Number Of Units: 12
  • Total Annual Expense: 139708
  • Type Of Units: Apartments
  • Vacancy Rate: 10,891

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $5,450,000 -4.0% $426 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $5,675,000 -- $444 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-602392

The MLS