$2,333,500
SOLD SEP 13, 2024
10 Beds
8 Baths
4,617 Sq Ft
6,783 Sq Ft Lot

Recently Sold

$505 Per Sq Ft

18% Below List Price

69 Days on Market

Highlights

  • Wood Flooring
  • Park or Greenbelt View
  • Laundry Room
  • Linwood E. Howe Elementary School Rated A-
  • 4 Car Attached Garage
  • Ceiling Fan

About This Home

As of September 2024

Nestled in the heart of the highly sought-after Carlson Park, this meticulously maintained fourplex presents an exceptional opportunity. The property features two expansive townhomes and two well-appointed three-bedroom units, each thoughtfully designed for comfort and style. Modern amenities and generous living spaces are complemented by an impressive street-to-street lot, private garage parking, and a gated central courtyard. The rear two-story townhome unit has been recently renovated, boasting a contemporary kitchen, updated baths, and new flooring. Each of the interior units offers three spacious bedrooms and two baths, perfect for versatile living arrangements. Ideal for both investors and homeowners seeking rental income, this property combines unparalleled convenience with an outstanding location. Enjoy close proximity to Downtown Culver City, renowned for its vibrant dining scene, nightlife, and tech giants like Apple and Tiktok. This rare offering in a prime Culver City neighborhood is not to be missed! All 4 units are currently tenant occupied. The property can only be shown to pre-qualified, lender-approved buyers with an accepted written offer. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS OR WALK ON PREMISES. Remodeled Townhouse style unit is reflected in photographs. Interior 3bed/2bath units have not been renovated. Projection of rents for interior units based on rents after remodel.

Last Agent to Sell the Property

Rory Posin

Estate Properties License #01030819 Listed on: 06/05/2024

Co-Listed By

Kristian Bonk

Estate Properties License #01466159

Last Buyer's Agent

Terri Davis

Estate Properties License #01036184

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,512

Year Built

  • Built in 1966

Lot Details

  • 6,783 Sq Ft Lot
  • Gated Home
  • Back and Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 4,617 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 4 Car Attached Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Sewer in Street

Community Details

  • 4 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 4207-027-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,512

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4617
  • Lot Acreage: 0.1557
  • Stories: 2
  • Year Built: 1966
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Flooring: Hardwood, Laminate, Carpet
  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry: Community, Inside, Room, Laundry Area
  • Laundry Equipment: Lease
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Hood Fan, Ceiling Fan
  • Price Per S Q F T: 530.65

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 4
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Number Rented Garages: 4
  • Parking Garage: Attached, Assigned, Garage
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan, Wall Unit(s)
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Schools

  • School District: Culver City Unified School District

Lot Info

  • Assessed Improvement Percent: 74.57
  • Assessed Improvement Value: 168466
  • Assessed Land Percent: 25.43
  • Assessed Land Value: 57463
  • Total Assessed Value: 225929
  • Assessor Parcel Number: 4207-027-003
  • Lot Description: Front Yard, Yard, Back Yard, Fenced
  • Lot Size Area: 6783

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 12342.80
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.24
  • Number Of Units: 4
  • Number Wall A C: 1
  • Rent Control: 100
  • Total Annual Expense: 32814.00
  • Type Of Units: 4 Plex
  • Vacancy Rate: 0

MLS Schools

  • School District: Culver City Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Security Eat 870 Inc
Bought by
Alan Lee Saunders Revocable Trust and Saunders
Current Estimated Value
$2,302,264

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 22, 2024
Sold by
Robert Roy Mcrae Family Bypass Trust and Mackel Sherrie Mcrae
Bought by
Security Eat 870 Inc
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Terri Davis
Estate Properties
List Price
$2,850,000
Sold Price
$2,333,500
Premium/Discount to List
-$516,500
-18.12%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Jul 8, 2024
Sold by
Robert Roy Mcrae Family Revocable Trust and Mackel Sherrie Mcrae
Bought by
Robert Roy Mcrae Family Bypass Trust and Mackel
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title
Grant Deed $2,333,500 --
Grant Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $2,333,500 -4.8% $505 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $2,450,000 -14.0% $531 / Sq Ft
06/05/2024 06/05/24 For Sale $2,850,000 -- $617 / 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 $7,512 $235,056 $59,784 $175,272
2024 $7,512 $230,447 $58,612 $171,835
2023 $7,370 $225,929 $57,463 $168,466
2022 $7,097 $221,500 $56,337 $165,163
2021 $6,835 $217,158 $55,233 $161,925
2019 $6,299 $210,719 $53,596 $157,123
2018 $5,982 $206,589 $52,546 $154,043
2016 $5,305 $198,568 $50,506 $148,062
2015 $5,280 $195,586 $49,748 $145,838
2014 $5,250 $191,756 $48,774 $142,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-397843

The MLS

APN: 4207-027-003