$1,500,000
$100K PRICE DROP

Estimated payment $9,244/month

Total Views 5,783
4 Beds
4 Baths
2,520 Sq Ft
$595 Price per Sq Ft

About This Home

Located in south Mar Vista, this four-unit building sits on slightly over 6,600 square feet of R3 zoned land situated on a corner lot. There are two separate buildings, and each building has two units of one-bedroom and one bath. Each unit is separately metered for gas and electricity and owner pays for water. Parking is located in the rear of the lot, accessed from Avon Lane and consists of four open spaces. With an ever-improving location, this property is only a short distance from Playa del Rey, Marina del Rey, and Culver City, making it an ideal location for redevelopment or for land banking. Please do not disturb tenants or go on the property. The R3 zoning allows for condominiums or higher density multi-family. Seller is exploring plans to build an ADU on the existing parking pad at the rear of the property.

Listing Agent

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 02/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,023

Year Built

  • Built in 1953

Lot Details

  • 6,698 Sq Ft Lot

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4233-019-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,023

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2520
  • Lot Acreage: 0.1538
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 595.24

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 9.09
  • Assessed Improvement Value: 109363
  • Assessed Land Percent: 90.91
  • Assessed Land Value: 1093645
  • Total Assessed Value: 1203008
  • Assessor Parcel Number: 4233-019-008
  • Lot Size Area: 6698

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 30400
  • Type Of Units: apartments
  • Vacancy Rate: 3%

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $15,023 $1,227,067 $1,115,517 $111,550
2024 $15,023 $1,203,008 $1,093,645 $109,363
2023 $14,740 $1,179,420 $1,072,201 $107,219
2022 $14,069 $1,156,295 $1,051,178 $105,117
2021 $13,893 $1,133,623 $1,030,567 $103,056
2019 $8,724 $694,608 $416,673 $277,935
2018 $8,618 $680,989 $408,503 $272,486
2017 $8,439 $667,638 $400,494 $267,144
2016 $8,237 $654,548 $392,642 $261,906
2015 $8,121 $644,717 $386,745 $257,972
2014 $8,172 $632,089 $379,170 $252,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $1,500,000 -6.3% $595 / Sq Ft
02/25/2025 02/25/25 For Sale $1,600,000 +45.5% $635 / Sq Ft
04/25/2019 04/25/19 Sold $1,100,000 -8.3% $437 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $1,200,000 -- $476 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Closed $100,000 New Conventional
Open $825,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25503073

The MLS

APN: 4233-019-008