NOT LISTED FOR SALE

Estimated Value: $2,355,000 - $2,802,120

5 Beds
4 Baths
2,517 Sq Ft
$1,038/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $1,940,000 $771 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $16,510/month

164 Days on Market

Highlights

  • Newly Remodeled
  • Two Primary Bedrooms
  • Arts and Crafts Architecture
  • Linwood E. Howe Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of November 2017

Incredible Duplex in Downtown Culver City! Front home built 1998 & Back home built 2002! Perfect for extended family as both homes can be connected by staircase. Use as huge 5-bedroom home or live in back and let tenants pay your mortgage! Front home opens to private brick Courtyard and has 2 Bedrooms + office/3rd bedroom. Back house, built above garage, has 2 Bedrooms + office, vaulted ceiling and gorgeous backyard with 2 ponds, patio & balcony. Both homes have remodeled kitchens with peninsula counters, bright dining rooms, fireplaces, master suites, central air & heat, spa tubs & hardwood floors. 20 Skylights fill both homes with light! Attached 3-car garage would make great art studio or workshop. Next to restaurants, shops, Kirk Douglas Theater, Summer Concerts, Tuesday Farmer's Market & Arc Light Cinema! Near Ballona Creek Bike Path, Bill Botts Park, Dog Park & Expo Light Rail. (Both homes delivered vacant - No Rent Control)

Last Agent to Sell the Property

Todd Miller

Keller Williams Los Angeles License #01389620 Listed on: 04/03/2017

Keller Williams Los Angeles

Last Buyer's Agent

Heather Shorr

Sotheby's International Realty License #02001952

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,213

Year Built

  • Built in 2002 | Newly Remodeled

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Arts and Crafts Architecture

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Alarm System
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4207-017-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,213

Year Built

Built in 2002 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Arts and Crafts
  • Street Number Display: Yes
  • Advertising Remarks: Incredible Duplex in Downtown Culver City! Front home built 1998 & Back home built 2002! Perfect for extended family as both homes can be connected by staircase. Use as huge 5-bedroom home or live in back and let tenants pay your mortgage! Front home opens to private brick Courtyard and has 2 Bedrooms + office/3rd bedroom. Back house, built above garage, has 2 Bedrooms + office, vaulted ceiling and gorgeous backyard with 2 ponds, patio & balcony. Both homes have remodeled kitchens with peninsula counters, bright dining rooms, fireplaces, master suites, central air & heat, spa tubs & hardwood floors. 20 Skylights fill both homes with light! Attached 3-car garage would make great art studio or workshop. Next to restaurants, shops, Kirk Douglas Theater, Summer Concerts, Tuesday Farmer's Market & Arc Light Cinema! Near Ballona Creek Bike Path, Bill Botts Park, Dog Park & Expo Light Rail. (Both homes delivered vacant - No Rent Control)
  • Living Area: 2517
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Number Dishwasher: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room, Master Bedroom, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 5
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: None
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: In Unit, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 762.42

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Balcony, Brick, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Security: Prewired for alarm system
  • Sewer: In Street

Schools

  • School District: Culver City Unified School District

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4207-017-015
  • Geocode Override: No
  • Lot Size Area: 6753

Rental Info

  • Total Actual Rent: 108000.00
  • Land Lease Type: Fee
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Oct 13, 2017
Sold by
Loretan Jeanne
Bought by
Baldwin Agatha and Baldwin Tyler
Seller's Agent
Todd Miller
Keller Williams Los Angeles
Buyer's Agent
Heather Shorr
Sotheby's International Realty
List Price
$1,999,000
Sold Price
$1,940,000
Premium/Discount to List
-$59,000
-2.95%
Current Estimated Value
$2,613,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,780
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,552,000
Outstanding Balance
$1,302,914
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,310,866

Purchase Details

Closed on
Mar 18, 1997
Sold by
Chandler Robyn
Bought by
Loretan Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.36%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Chandler Ronald D
Bought by
Chandler Robyn
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
Baldwin Agatha $1,940,000 Lawyers Title Company
Loretan Jeanne $150,000 Southland Title Corporation
Chandler Robyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Agatha $950,000
Open Baldwin Agatha $1,552,000
Previous Owner Loretan Jeanne $226,000
Previous Owner Loretan Jeanne $322,700
Previous Owner Loretan Jeanne $325,000
Previous Owner Loretan Jeanne $325,000
Previous Owner Loretan Jeanne $275,000
Previous Owner Loretan Jeanne $200,000
Previous Owner Loretan Jeanne $175,500
Previous Owner Loretan Jeanne $155,000
Previous Owner Loretan Jeanne $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $1,940,000 +1.1% $771 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $1,919,000 -1.1% $762 / Sq Ft
04/17/2017 04/17/17 Off Market $1,940,000 -- --
04/03/2017 04/03/17 For Sale $1,999,000 -- $794 / 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 $27,213 $2,207,384 $1,324,431 $882,953
2024 $27,213 $2,164,103 $1,298,462 $865,641
2023 $26,230 $2,121,670 $1,273,002 $848,668
2022 $24,662 $2,080,070 $1,248,042 $832,028
2021 $24,782 $2,039,285 $1,223,571 $815,714
2019 $23,612 $1,978,800 $1,187,280 $791,520
2018 $23,386 $1,940,000 $1,164,000 $776,000
2017 $5,924 $367,957 $126,294 $241,663
2016 $5,559 $360,743 $123,818 $236,925
2015 $5,554 $355,326 $121,959 $233,367
2014 $5,564 $348,366 $119,570 $228,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-217660

The MLS

APN: 4207-017-015