Seller's Agent in 2021
Seth Hamilton
Citivest Realty Services, Inc
(714) 397-6077
4 in this area
27 Total Sales
4444 S Slauson Ave Culver City, CA 90230
Del Rey NeighborhoodEstimated Value: $3,070,000 - $4,673,000
12
Beds
12
Baths
6,306
Sq Ft
$621/Sq Ft
Est. Value
Highlights
- New Construction
- Private Yard
- Laundry Room
- Venice High School Rated A
- No HOA
- Central Heating and Cooling System
About This Home
As of November 2021NEW CONSTRUCTION SILICON BEACH FOUR UNIT
We are pleased to offer a new construction, non-rent controlled, fully leased four unit in Culver City. The property, located in Silicon Beach, is home to major employers such as Facebook, YouTube, Amazon Studios, Sony Pictures, HBO, Hulu, Beats Electronics and many more tech and entertainment companies pouring into the neighborhoods.
All four units leased quickly due to the high demand of quality housing in this market, providing the new owner with gross rents of $229,620. The units are generously sized with an average of 1,500 sf with open floor plans, private laundry, and high-end finishes.
Each unit is equipped with separate meters for water, gas and electricity. Energy efficient building materials, landscape, water reclamation systems, appliances and fixtures present the new owner with a fully warrantied, low maintenance, green certified, environmentally friendly property.
This cash flowing asset is sure to impress even the most discerning investors with such a rare opportunity to acquire a new construction in this exclusive market.
Last Agent to Sell the Property
Citivest Realty Services, Inc License #01897619 Listed on: 09/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,893
Year Built
- Built in 2021 | New Construction
Lot Details
- 5,001 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Sprinkler System
- Private Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- 6,306 Sq Ft Home
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 27
- Tax Tract Number 10200
- Assessor Parcel Number 4217018015
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $1,169
- Insurance Expense $2,398
- Maintenance Expense $2,400
- Water Sewer Expense $343
- New Taxes Expense $45,893
- Operating Expense $63,864
- Gross Income $229,620
- Net Operating Income $158,866
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2021
Closed on
Sep 27, 2021
Sold by
4444Ss Partners Lp
Bought by
Horton Calvin L and Horton Sherri L
Seller's Agent
Seth Hamilton
Citivest Realty Services, Inc
Buyer's Agent
Florian Sighe
The Browar Group
List Price
$3,550,000
Sold Price
$3,625,000
Premium/Discount to List
$75,000
2.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,200
Avg. Annual Appreciation
2.08%
Original Mortgage
$2,537,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 13, 2018
Closed on
Nov 1, 2018
Sold by
Pomer Ronerico and Pomer Grace
Bought by
4444Ss Partners Lp
Seller's Agent
Christopher Jones
Jesse Weinberg
Buyer's Agent
Casey Lins
Kidder Mathews of California, Inc.
List Price
$1,197,000
Sold Price
$1,055,000
Premium/Discount to List
-$142,000
-11.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.49%
Original Mortgage
$1,050,000
Interest Rate
4.7%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 19, 1996
Sold by
Pomar Ronerico and Pomar Grace
Bought by
Pomar Ronerico and Pomar Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
7.01%
Purchase Details
Closed on
May 23, 1994
Sold by
Slaw Inc
Bought by
Pomar Ronerico and Pomar Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,732
Interest Rate
8.37%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 24, 1994
Sold by
Andres Marilou
Bought by
Andres Edmund
Purchase Details
Closed on
Dec 14, 1993
Sold by
Salazar Adan and Salazar Martha
Bought by
Slaw Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horton Calvin L | $3,625,000 | First American Title Company | |
| 4444Ss Partners Lp | $1,055,000 | Lawyers Title | |
| Pomar Ronerico | -- | -- | |
| Pomar Ronerico | $130,000 | United Title Co | |
| Andres Edmund | -- | Commonwealth Land Title | |
| Slaw Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Horton Calvin L | $2,537,500 | |
| Previous Owner | 4444Ss Partners Lp | $1,050,000 | |
| Previous Owner | Pomar Ronerico T | $50,000 | |
| Previous Owner | Pomar Ronerico | $505,000 | |
| Previous Owner | Pomar Ronerico | $488,000 | |
| Previous Owner | Pomar Ronerico T | $200,000 | |
| Previous Owner | Pomar Ronerico | $100,000 | |
| Previous Owner | Pomar Ronerico | $287,900 | |
| Previous Owner | Pomar Ronerico | $83,300 | |
| Previous Owner | Pomar Ronerico | $202,980 | |
| Previous Owner | Pomar Ronerico | $39,500 | |
| Previous Owner | Pomar Ronerico | $128,732 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $3,625,000 | +2.1% | $575 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $3,550,000 | +236.5% | $563 / Sq Ft |
| 11/16/2018 11/16/18 | Sold | $1,055,000 | -3.7% | $713 / Sq Ft |
| 10/09/2018 10/09/18 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | Price Changed | $1,095,000 | -4.3% | $740 / Sq Ft |
| 08/16/2018 08/16/18 | Price Changed | $1,144,000 | -2.6% | $773 / Sq Ft |
| 07/05/2018 07/05/18 | Price Changed | $1,174,000 | -1.9% | $794 / Sq Ft |
| 06/13/2018 06/13/18 | For Sale | $1,197,000 | -- | $809 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $45,840 | $3,846,878 | $2,695,468 | $1,151,410 |
| 2024 | $45,840 | $3,771,450 | $2,642,616 | $1,128,834 |
| 2023 | $48,571 | $3,697,500 | $2,590,800 | $1,106,700 |
| 2022 | $42,843 | $3,625,000 | $2,540,000 | $1,085,000 |
| 2021 | $23,509 | $1,087,247 | $869,798 | $217,449 |
| 2020 | $13,152 | $1,076,100 | $860,880 | $215,220 |
| 2019 | $12,626 | $1,055,000 | $844,000 | $211,000 |
| 2018 | $3,587 | $286,722 | $152,274 | $134,448 |
| 2016 | $3,421 | $275,590 | $146,362 | $129,228 |
| 2015 | $3,372 | $271,451 | $144,164 | $127,287 |
| 2014 | $3,392 | $266,135 | $141,341 | $124,794 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Hamilton
-
Florian Sighe
Buyer's Agent in 2021
Florian Sighe
The Browar Group
(619) 894-3030
1 in this area
51 Total Sales
-
Christopher Jones
Seller's Agent in 2018
Christopher Jones
Jesse Weinberg
(310) 430-9918
2 in this area
14 Total Sales
-
Casey Lins
Buyer's Agent in 2018
Casey Lins
Kidder Mathews of California, Inc.
(714) 333-6768
1 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21199459
APN: 4217-018-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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