NOT LISTED FOR SALE

Estimated Value: $1,384,617 - $1,835,000

-- Bed
-- Bath
1,634 Sq Ft
$975/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $1,175,000 $719 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,143/month

55 Days on Market

Highlights

  • 1-Story Property
  • Farragut Elementary School Rated A
  • 2-minute walk to Coombs Parkette

About This Home

As of January 2018

4371 Overland Ave, is located in the prime Culver City market just a short distance to Downtown Culver City with abundant restaurants, movie theaters, shops, Sony Studios, Kirk Douglas Theater, bike paths, parks, and the Expo light rail. This charming triplex is situated on an almost 4,500 sq ft lot, CCC2Y zoning and two detached garages in the back. All three units are one bedroom/one bathroom with private outdoor space. Some upgrades have been completed to kitchens and bathrooms. The roof and windows were replaced in 2015. One unit will be delivered vacant at close of escrow.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 10/17/2017

Compass

Last Buyer's Agent

Kenny Stevens

Compass License #01090251 Listed on: 10/17/2017

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,327

Year Built

  • Built in 1947

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4210-018-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,327

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1634
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 734.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 62482
  • Assessed Land Value: 37001
  • Assessor Parcel Number: 4210-018-041
  • Geocode Override: No
  • Lot Size Area: 4500

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 19.82
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 23049
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2019
Sold by
Gerez Michael Raymond
Bought by
Gerez Michael R and The Michael R Gerez Family Tru
Current Estimated Value
$1,593,654

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jan 2, 2018
Sold by
Quesnel Jerry G
Bought by
Gerez Michael Raymond
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Kenny Stevens
Compass
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$881,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Quesnel Jerry P
Bought by
Quesnel Jerry G

Purchase Details

Closed on
Jul 12, 2006
Sold by
Quesnel Jerry
Bought by
Quesnel Jerry P and The Jerry P Quesnel Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerez Michael R -- None Available
Gerez Michael Raymond $1,175,000 Lawyers Title Company
Quesnel Jerry G -- None Available
Quesnel Jerry P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerez Michael R $899,000
Closed Gerez Michael Raymond $881,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $1,175,000 -2.1% $719 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $1,200,000 0.0% $734 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,200,000 -- $734 / 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 $18,327 $1,336,945 $1,137,827 $199,118
2024 $18,327 $1,310,731 $1,115,517 $195,214
2023 $17,612 $1,285,032 $1,093,645 $191,387
2022 $16,722 $1,259,836 $1,072,201 $187,635
2021 $16,555 $1,235,134 $1,051,178 $183,956
2019 $15,821 $1,198,500 $1,020,000 $178,500
2018 $3,692 $103,500 $38,495 $65,005
2016 $3,234 $99,483 $37,001 $62,482
2015 $3,257 $97,990 $36,446 $61,544
2014 $3,264 $96,072 $35,733 $60,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-281298

The MLS

APN: 4210-018-041