NOT LISTED FOR SALE

Estimated Value: $1,986,000 - $3,251,000

3 Beds
2 Baths
5,393 Sq Ft
$493/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $2,845,000 $528 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,968/month

34 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Central Heating and Cooling System

About This Home

As of November 2021

Close to 5% Pro Forma CAP Rate 2021 built Non-Rent Controlled in prime Mid City.4830 Saturn is ready to be snatched by savvy investors perched only 10 minutes from Culver City and the countless local hotspots in the area. This neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes : the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Cumulus developments and much more. With the influx of entertainment, tech, and creative jobs coming to town, 4830 Saturn will attract high-quality professional tenants!The asset is comprised of two duplexes, with 3 units of 3 bedrooms and 1 unit of 4 bedrooms. All units are individually metered for water, power and gas which makes it extremely convenient in managing the asset. Each unit's thoughtful floor plan showcasing the massive living space and large bedrooms with matching bathroom counts checks all the boxes for Class A tenants and makes it always on the top of their list.In addition to its prime central location, the asset boasts countless other perks including a remarkable projected CAP rate close to 5%, NO RENT CONTROL, a 1-year builders warranty, minimal maintenance, a private yard area, in-unit laundry, upscale modern kitchens, stunning bathrooms, and spacious, open floorplans.

Last Agent to Sell the Property

Vinnie Park

Keller Williams Larchmont License #02015848 Listed on: 08/24/2021

Keller Williams Larchmont

Last Buyer's Agent

Grace Lee

Mega Realty License #01294485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,211

Year Built

  • Built in 2021

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,393 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-009-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,211

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Close to 5% Pro Forma CAP Rate 2021 built Non-Rent Controlled in prime Mid City.4830 Saturn is ready to be snatched by savvy investors perched only 10 minutes from Culver City and the countless local hotspots in the area. This neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, with several of the most highly anticipated mixed-use developments coming in a few minutes : the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Cumulus developments and much more. With the influx of entertainment, tech, and creative jobs coming to town, 4830 Saturn will attract high-quality professional tenants!The asset is comprised of two duplexes, with 3 units of 3 bedrooms and 1 unit of 4 bedrooms. All units are individually metered for water, power and gas which makes it extremely convenient in managing the asset.
  • Living Area: 5393
  • Stories: 2
  • Year Built: 2021
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Price Per S Q F T: 528.43

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Garage
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5067-009-049
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Fourplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Wv2000 Holdings Inc
Bought by
Wv2000 Holdings Llc
Current Estimated Value
$2,657,477

Purchase Details

Listed on
Aug 24, 2021
Closed on
Jan 21, 2022
Sold by
Yeong Rhee Jun and Ah Jeong
Bought by
Wv2000 Holdings Inc
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Grace Lee
Mega Realty
List Price
$2,849,800
Sold Price
$2,845,000
Premium/Discount to List
-$4,800
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 20, 2019
Sold by
Lee Mi Hee
Bought by
Orange Grove Expert Llc
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Vinnie Park
Keller Williams Larchmont
List Price
$925,000
Sold Price
$915,000
Premium/Discount to List
-$10,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.49%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Lee Edward Eung Yong
Bought by
Lee Mi Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,446
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2011
Sold by
Citibank Na
Bought by
Lee Mi Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,446
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2011
Sold by
Castillo Jose Luis
Bought by
Citibank N A

Purchase Details

Closed on
Mar 10, 2006
Sold by
Ortega Donato and Ortega Catalina
Bought by
Castillo Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wv2000 Holdings Llc -- Accommodation/Courtesy Recordi
Wv2000 Holdings Inc -- Accommodation/Courtesy Recordi
Orange Grove Expert Llc $915,000 Equity Title Company
Lee Mi Hee -- Chicago Title Company
Lee Mi Hee $295,000 Chicago Title Company
Citibank N A $252,450 None Available
Castillo Jose Luis $649,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Mi Hee $287,446
Previous Owner Castillo Jose Luis $519,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $2,845,000 -0.2% $528 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $2,849,800 +211.5% $528 / Sq Ft
06/27/2019 06/27/19 Sold $915,000 -1.1% $654 / Sq Ft View Prior Sale
05/09/2019 05/09/19 For Sale $925,000 -- $661 / 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 $35,211 $2,959,938 $1,935,144 $1,024,794
2024 $35,211 $2,901,900 $1,897,200 $1,004,700
2023 $35,206 $2,901,900 $1,897,200 $1,004,700
2022 $33,558 $2,845,000 $1,860,000 $985,000
2021 $11,465 $942,968 $754,375 $188,593
2019 $6,455 $375,327 $265,730 $109,597
2018 $4,648 $367,969 $260,520 $107,449
2016 $3,934 $313,004 $250,404 $62,600
2015 $3,878 $308,303 $246,643 $61,660
2014 $3,901 $302,265 $241,812 $60,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-776364

The MLS

APN: 5067-009-049