NOT LISTED FOR SALE

4231 Madison Ave Culver City, CA 90232

Estimated Value: $1,573,000 - $2,368,000

7 Beds
8 Baths
5,774 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $2,200,000 $381 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $12,172/month

35 Days on Market

Highlights

  • Detached Guest House
  • City View
  • Wood Flooring
  • Linwood E. Howe Elementary School Rated A-
  • Multi-Level Bedroom
  • Main Floor Bedroom

About This Home

As of May 2024

"Build the dream home you've always wanted. " Presenting a permit ready RTI Project offering property to be delivered with approved plans for a 4,976 Sq ft main house plus a 798 sq ft ADU. The main house is designed for 5 bedrooms, 7 baths, and a basement, creating an expansive and luxurious living space. The ADU has 2 bedroom, 1 bathroom contributing an additional 798 square feet, resulting in a total living space of 5,774 square feet home.A spectacular modern custom home nestled in the heart of Culver City's esteemed Carlson Park neighborhood. This prime location offers the perfect blend of sophistication and convenience, situated on a quiet cul-de-sac street in close proximity to downtown Culver City.Boasting a contemporary architectural style, this residence is a true masterpiece, featuring a thoughtfully designed basement and an additional Accessory Dwelling Unit (ADU) for versatile living options.The property comes with an array of exceptional features, including 10' ceiling heights throughout the property, a striking floating staircase, and a 2-car garage with a unique "Costco Door" that provides direct access to the pantry. The full butler pantry, complete with a mini kitchen, adds a touch of practicality to this modern masterpiece, while second-floor bedrooms each include ensuite bathrooms for added comfort. This sale includes fully permitted plans including Architectural, Structural, Civil, Geotechnical Report, Asbestos Report & Removal Certification. Permits ready to pull include the Demo Permit, Building Permit, MEP Permits, Grading Permit, and Housing SB 330 & SB 8 clearance.Construction notes and plans highlight the quality and detail put into this project, with a basement floor featuring a mat slab foundation. The basement is intelligently designed to be excavated without the need for shoring, utilizing a 1:1 slope with a 5' cut, saving time and money.Full sets of plans offered to serious buyers with an executed NDA.

Last Agent to Sell the Property

Christina Kim

Keller Williams Larchmont License #01431281 Listed on: 02/01/2024

Keller Williams Larchmont

Last Buyer's Agent

Midhun John

West Shores Realty, Inc. License #01984872

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,099

Year Built

  • Built in 2024

Lot Details

  • 6,753 Sq Ft Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Tear Down
  • Property is zoned CCR2YY

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,774 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • City Views
  • Attic Fan
  • Alarm System
  • Basement

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 8 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4207-024-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,099

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 5774
  • Lot Acreage: 0.1551
  • Probate: No
  • Property Condition: Tear Down
  • Stories: 2
  • Year Built: 2024
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Basement
  • Flooring: Wood, Tile
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset, Main Floor Bedroom, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Kitchen Island, Breakfast Area, Breakfast Nook, Breakfast Room, Family Room
  • Kitchen Features: Counter Top, Island, Pantry
  • Laundry: In Unit, Laundry Area, Inside
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins, Alarm System, Attic Fan, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 389.68
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Two On A Lot
  • Other Structures: GuestHouse, Other
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Guest House: Detached
  • Patio: Enclosed
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Attached
  • Total Parking: 2

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 4207-024-006
  • Lot Description: Single Lot
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 6753

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 26, 2024
Sold by
Madison Cd Partners Llc
Bought by
Miles Estates Llc
Seller's Agent
Christina Kim
Keller Williams Larchmont
Buyer's Agent
Midhun John
West Shores Realty, Inc.
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%
Views
108
Current Estimated Value
$1,960,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239,977
Avg. Annual Appreciation
-7.27%
Original Mortgage
$1,650,000
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 10, 2022
Sold by
Kent Armstrong Trust and Armstrong Kent
Bought by
Madison Cd Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 1994
Sold by
Armstrong Richard and Armstrong Donna R
Bought by
Armstrong Richard and Armstrong Donna R
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
Miles Estates Llc $2,200,000 Chicago Title Company
Madison Cd Partners Llc $1,700,000 Fidelity National Title
Kent Armstrong Trust -- None Listed On Document
Armstrong Kent -- None Listed On Document
Armstrong Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miles Estates Llc $1,650,000
Previous Owner Madison Cd Partners Llc $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $2,200,000 -2.2% $381 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $2,250,000 +32.4% $390 / Sq Ft
07/01/2022 07/01/22 Sold $1,700,000 0.0% $1,545 / Sq Ft View Prior Sale
02/15/2022 02/15/22 Pending -- -- --
02/03/2022 02/03/22 Off Market $1,700,000 -- --
10/20/2021 10/20/21 For Sale $1,699,000 -- $1,545 / 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 $22,099 $2,244,000 $1,734,000 $510,000
2024 $22,099 $1,734,000 $1,428,000 $306,000
2023 $21,151 $1,700,000 $1,400,000 $300,000
2022 $17,302 $1,391,263 $834,758 $556,505
2021 $4,846 $227,348 $176,982 $50,366
2020 $4,706 $225,018 $175,168 $49,850
2019 $4,545 $220,607 $171,734 $48,873
2018 $4,313 $216,282 $168,367 $47,915
2016 $3,834 $207,885 $161,830 $46,055
2015 $3,772 $204,764 $159,400 $45,364
2014 $3,810 $200,754 $156,278 $44,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-349815

The MLS

APN: 4207-024-006