NOT LISTED FOR SALE

4192 Mildred Ave Los Angeles, CA 90066

Del Rey Neighborhood

Estimated Value: $1,691,000 - $2,071,512

5 Beds
3 Baths
2,023 Sq Ft
$960/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $1,450,000 $717 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,968/month

15 Days on Market

Highlights

  • Parking available for a boat
  • Traditional Architecture
  • Corner Lot
  • Culver City Middle School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2016

Legal Duplex in Culver City. 3Br, 2Ba House with charming 1br, 1ba unit over the separate garage. Unit is being run as Airbnb rental, fully furnished and stocked. Front house has been updated with new kitchen and baths, Hardwood Floors, New Carpets, Freshly painted, New Central Heat, New Appliances. House has a detached 2 car garage plus a large concrete pad for boat, RV or extra parking. Detached rear garage is being used as a workshop. This is a rare property on a corner lot.

Last Agent to Sell the Property

Terry Ballentine

Estate Properties License #00588883 Listed on: 07/11/2016

Estate Properties

Last Buyer's Agent

Robert Cipolloni

Dwelling License #01458843

Dwelling

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,598

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 5,599 Sq Ft Lot
  • Lot Dimensions are 40x140
  • West Facing Home
  • Fenced Yard
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,023 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Slab Porch or Patio
  • Shed

Utilities

  • Central Heating
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 4231-022-038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,598

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • ADA Compliant: No
  • Advertising Remarks: Legal Duplex in Culver City. 3Br, 2Ba House with charming 1br, 1ba unit over the separate garage. Unit is being run as Airbnb rental, fully furnished and stocked. Front house has been updated with new kitchen and baths, Hardwood Floors, New Carpets, Freshly painted, New Central Heat, New Appliances. House has a detached 2 car garage plus a large concrete pad for boat, RV or extra parking. Detached rear garage is being used as a workshop. This is a rare property on a corner lot. Contact Terry Ballentine at RE/MAX at 310-351-9743 or TerrySold@aol.com
  • Alley: No
  • Living Area: 2023
  • Lot Dimensions: 40x140
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Carpet, Hardwood
  • Appliances: Built-In Gas
  • Bedrooms: 5
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: Garage
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 640.14
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Concrete Slab
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Attached, Boat, Detached, Garage - 2 Car, RV Access, RV Gated
  • Total Parking: 5

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Value: 168743
  • Assessed Land Value: 430011
  • Assessor Parcel Number: 4231-022-038
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 5599

Rental Info

  • Number Leased: 0
  • Land Lease Type: Fee
  • Owner Pays: Electricity, Gas, Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: Duplex

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 1, 2016
Sold by
Yamamoto Ross T and Yamamoto Robin J
Bought by
Locke Gavin F
Seller's Agent
Terry Ballentine
Estate Properties
Buyer's Agent
Robert Cipolloni
Dwelling
List Price
$1,295,000
Sold Price
$1,450,000
Premium/Discount to List
$155,000
11.97%
Current Estimated Value
$1,942,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,628
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,080,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2015
Sold by
Yamamoto Ross T and Yamamoto Robin J
Bought by
R & R Yamamoto Trust

Purchase Details

Closed on
Feb 6, 1998
Sold by
Yamamoto Ross T
Bought by
Yamamoto Ross T and Yamamoto Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 1, 1997
Sold by
Yamamoto Nancy T
Bought by
Yamamoto Ross T
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
Locke Gavin F $1,450,000 Progressive Title Company
R & R Yamamoto Trust -- None Available
Yamamoto Ross T -- American Title
Yamamoto Ross T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Locke Gavin F $1,080,000
Previous Owner Yamamoto Ross T $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $1,450,000 +12.0% $717 / Sq Ft
07/11/2016 07/11/16 For Sale $1,295,000 -- $640 / 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 $21,598 $1,682,844 $1,160,584 $522,260
2024 $21,598 $1,649,848 $1,137,828 $512,020
2023 $20,728 $1,617,499 $1,115,518 $501,981
2022 $19,729 $1,585,785 $1,093,646 $492,139
2021 $19,577 $1,554,692 $1,072,202 $482,490
2020 $19,357 $1,538,951 $1,061,208 $477,743
2019 $18,850 $1,508,780 $1,040,400 $468,380
2018 $18,661 $1,479,200 $1,020,000 $459,200
2016 $8,423 $607,884 $436,568 $171,316
2015 $8,339 $598,754 $430,011 $168,743
2014 $8,326 $587,026 $421,588 $165,438
Source: Public Records

Agents Affiliated with this Home

  • Terry Ballentine

    Seller's Agent in 2016

    Terry Ballentine

    Estate Properties

    (310) 351-9743

    2 in this area

    33 Total Sales

    Terry Ballentine
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Cipolloni

    Dwelling

    Section Image
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Map

Source: The MLS

MLS Number: 16-141310

The MLS

APN: 4231-022-038

California Los Angeles County Los Angeles 90066 Del Rey

4192 Mildred Ave, Los Angeles, CA

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