$1,395,000
SOLD FEB 7, 2025
8 Beds
4 Baths
5,628 Sq Ft
5,263 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

18% Below List Price

149 Days on Market

Highlights

  • Fireplace in Bathroom
  • Quartz Countertops
  • Balcony
  • Spanish Architecture
  • Breakfast Area or Nook
  • Wainscoting

About This Home

As of February 2025

This is a 4-unit building, totally remodeled. 3 units will be delivered vacant at the COE. Please make an appointment with the listing agent to see this building. Each unit is 1407 Square feet, Living room, formal dining room with a balcony off the dining room. Kitchen, breakfast nook, and service porch with washer dryer hookups. 2 extra large bedrooms, and a remodeled bathroom with tub and shower. Investors come and see. Owner-occupants, live in one, and have the other 3 units help to pay your mortgage.

Last Agent to Sell the Property

Lisa Carr Smith

Lisa Carr & Associates License #01189469 Listed on: 02/14/2025

Co-Listed By

Rosalyn Reese

Lisa Carr & Associates License #01725715

Last Buyer's Agent

Annette Story

Kallen Capital Lending Inc License #02110311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,473

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,263 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Historic Home

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 5,628 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Gas Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Center Hall
  • Laminate Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Quartz Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Bathrooms
  • Fireplace in Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Open Patio

Location

  • City Lot

Utilities

  • Baseboard Heating
  • Gravity Heating System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas, move in fee
  • The owner pays for gardener
  • Assessor Parcel Number 5023-007-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,473

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Buyers this is a must see unit .
  • Alley: Yes
  • Building Permit: Yes
  • Disability Access: 7 foot or more high garage door(s)
  • Entry Location: Living Room
  • Living Area: 5628
  • Lot Acreage: 0.1208
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1929
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Wainscotting
  • Number Carpet: 0
  • Number Dishwasher: 0
  • Number Disposal: 4
  • Number Drapes: 0
  • Number Range: 0
  • Number Refrigerator: 0
  • Fireplace Rooms: Bath, Dining, Gas, Kitchen, Living Room, Primary Bedroom, Patio
  • Flooring: Laminate
  • Appliances: Gas
  • Bedrooms: 8
  • Common Walls: Attached
  • Bathroom Features: Remodeled, Shower and Tub, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 301.17
  • Windows: Screens

Exterior Features

  • Direction Faces: South
  • Construction: Hard Coat
  • Other Features: Balcony, Full Copper Plumbing, Historical
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 4
  • Patio: Balcony
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 4
  • Number Rented Garages: 1
  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Water District: dwp
  • Water Heater: Tankless
  • Heating: Baseboard, Gravity
  • Number Gas Meters: 4
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Palos Verdes / LAUSD - Inquire

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 31.03
  • Assessed Improvement Value: 378423
  • Assessed Land Percent: 68.97
  • Assessed Land Value: 840942
  • Total Assessed Value: 1219365
  • Assessor Parcel Number: 5023-007-010
  • Lot Description: Landscaped
  • Lot Location: Alley Access, City
  • Lot Size Area: 5263

Rental Info

  • Number Leased: 1
  • Land Lease Type: Fee
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Move In Fee

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 138000.00
  • Number Of Units: 4
  • Number Wall A C: 0
  • Total Annual Expense: 100
  • Type Of Units: 4
  • Vacancy Rate: 3

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Magnolia Revocable Living Trust and Daniel Melba K
Bought by
Bent Sergio and Willard Caprice

Purchase Details

Closed on
Apr 14, 2022
Sold by
Le Roy J Mathews Liviing Trust
Bought by
Magnolia Revocable Living Trust and Crump

Purchase Details

Closed on
Oct 5, 2007
Sold by
Mathews Le Roy J
Bought by
Mathews Le Roy J and Le Roy J Mathews Living Trust
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 $1,375,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Rent $3,500 0.0% --
02/07/2025 02/07/25 Sold $1,395,000 0.0% $248 / Sq Ft
01/26/2025 01/26/25 Off Market $1,395,000 -- --
01/25/2025 01/25/25 For Sale $1,695,000 0.0% $301 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $1,695,000 -1.7% $301 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,725,000 -1.4% $307 / Sq Ft
10/04/2024 10/04/24 Price Changed $1,750,000 -4.0% $311 / Sq Ft
07/31/2024 07/31/24 For Sale $1,823,000 -- $324 / 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
2024 $17,473 $1,400,000 $1,000,000 $400,000
2023 $15,306 $1,219,365 $840,942 $378,423
2022 $14,609 $1,195,456 $824,453 $371,003
2021 $1,888 $107,075 $33,265 $73,810
2019 $1,844 $104,601 $32,279 $72,322
2018 $1,755 $102,565 $31,647 $70,918
2016 $1,619 $97,912 $30,419 $67,493
2015 $1,602 $96,443 $29,963 $66,480
2014 $1,637 $94,555 $29,377 $65,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-420495

The MLS

APN: 5023-007-010