NOT LISTED FOR SALE

4807 Sawtelle Blvd Culver City, CA 90230

Del Rey Neighborhood
10 Beds
7 Baths
5,050 Sq Ft
5,002 Sq Ft Lot

Last Sold May 28, 2015

Last sale price $1,540,000 $305 Per Sq Ft

122 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Wall Furnace
  • Venice High School Rated A

About This Home

As of May 2015

BACK IN THE MARKET, GREAT PRICE REDUCTION, PRICED TO SELL, MUST SELL! 7 unit apartment building, good mix, 4-2br/1ba+2-1br/1ba+single unit, great rental upside, long term tenants, stable income, spacious units, separate meter, two-story, 6 parking carports, laundry room, building in good conditions, great curb appeal, nice residential neighborhood in high demand area, rarely a vacancy, convenient location close to freeways, Marina, beaches and Culver City shopping area, inside with accepted offer, strictly drive by only, please do not disturbed tenants, hurry won't last!

Last Agent to Sell the Property

Sergio Labra

SOUTHLAND Real Estate Service License #00915475 Listed on: 10/11/2014

SOUTHLAND Real Estate Service

Last Buyer's Agent

Sergio Casas

License #01401166

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,002 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 5,050 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 217
  • Tax Tract Number 9733
  • Assessor Parcel Number 4215024017

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $650
  • Insurance Expense $1,462
  • Maintenance Expense $800
  • Water Sewer Expense $4,217
  • New Taxes Expense $19,687
  • Gross Income $7,948
  • Net Operating Income $66,692

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.23
  • Property Attached: Yes
  • Water Sewer Expenses: 4217.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4215024017
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 304.95

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 50X100
  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 650.00
  • Gross Income: 7948.00
  • Gross Multiplier: 16.51
  • Gross Scheduled Income: 95376.00
  • Insurance Expense: 1462.00
  • Lot Size Area: 5002.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 66692.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 28684.00
  • Rent Control: Yes
  • Total Actual Rent: 7948.00

Tax Info

  • New Taxes Expense: 19687.00
  • Tax Lot: 217
  • Tax Rate: 67.00
  • Tax Tract Number: 9733
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $1,540,000 -9.1% $305 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
10/11/2014 10/11/14 For Sale $1,695,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sergio Labra

    SOUTHLAND Real Estate Service

    (323) 855-8568

    21 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Sergio Casas

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14222238

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Culver City 90230 Del Rey

4807 Sawtelle Blvd, Culver City, CA

This home is located at 4807 Sawtelle Blvd, Culver City, CA 90230 since 11 October 2014. This property was built in 1964. 4807 Sawtelle Blvd is a home located in Los Angeles County with nearby schools including Stoner Avenue Elementary School, Marina Del Rey Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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