NOT LISTED FOR SALE

5025 S Slauson Ave Unit 1-4 Culver City, CA 90230

Del Rey Neighborhood

Estimated Value: $1,532,357 - $1,896,000

8 Beds
4 Baths
3,136 Sq Ft
$534/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,310,000 $418 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,351/month

17 Days on Market

Highlights

  • Laundry Room
  • Venice High School Rated A
  • 2-minute walk to Culver Slauson Park

About This Home

As of November 2020

Great INVESTMENT opportunity in a rapidly developing neighborhood. Amazing 4 unit building with a great mix. Large parking area. Minutes to Silicone Beach, Google, Microsoft, Playa Vista, Marina, Venice, beaches. Culver/ Slauson Park and bike path just a block away. A short distance to SMC, LMU, WLA College, Downtown Culver City with abundant restaurants, movie theaters, shops, Sony Studios, Kirk Douglas Theater, and the Expo light rail. Property is located in the City of Los Angeles with a Culver City mailing address.1031 exchange welcome. Buyer to cooperate with sellers 1031 exchange at no expense to buyer.

Last Agent to Sell the Property

Thomas Swanson

Exclusive Realty Inc License #01248361 Listed on: 08/31/2020

Exclusive Realty Inc

Last Buyer's Agent

Quin Lu

IRN Realty License #01793813

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,266

Year Built

  • Built in 1956

Lot Details

  • 7,248

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Additional Features

  • 7,248 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4218-017-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,266

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3136
  • Lot Acreage: 0.1664
  • Probate: No
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Room, Community
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 412.95

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 8

Utilities

  • Water District: DWP
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.57
  • Assessed Improvement Value: 254648
  • Assessed Land Percent: 69.43
  • Assessed Land Value: 578265
  • Total Assessed Value: 832913
  • Assessor Parcel Number: 4218-017-007
  • Lot Size Area: 7248

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.39
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 30259
  • Type Of Units: 2 bedrooms
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 9, 2020
Sold by
Nahass Mitchell and Nahass Olivia Y
Bought by
Krum David Michael and Lu Linh Khanh
Seller's Agent
Thomas Swanson
Exclusive Realty Inc
Buyer's Agent
Quin Lu
IRN Realty
List Price
$1,295,000
Sold Price
$1,310,000
Premium/Discount to List
$15,000
1.16%
Current Estimated Value
$1,627,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,620
Avg. Annual Appreciation
4.91%
Original Mortgage
$917,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2020
Sold by
Nahass Mitchell and Nahass Olivia Y
Bought by
Nahass Mitchell and Nahass Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2017
Sold by
Nahass Mitchell and Nahass Olivia Y
Bought by
Nahass Mitchell and Nahass Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2013
Sold by
Triqueneaux Laurent
Bought by
Nahass Mitchell and Nahass Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
U S Bank National Association
Bought by
Triqueneaux Laurent

Purchase Details

Closed on
Jan 12, 2011
Sold by
Santiago Evangelina and Santiago Alejandro Santiago
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 7, 2005
Sold by
Soll Kathryn C
Bought by
Santiago Alejandro Santiago and Santiago Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,750
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2004
Sold by
Luna Jose
Bought by
Luna Elba L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2004
Sold by
Perez Trinidad
Bought by
Luna Elba L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Luna Elba L
Bought by
Soll Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Perez Aurora
Bought by
Perez Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Wiacek Grazyna
Bought by
Perez Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Wiacek Stanislaw and Wiacek Grazyna
Bought by
Wiacek Stanislaw and Wiacek Grazyna
Source: Public Records

Range of Values:

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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
Krum David Michael $1,310,000 North American Title Co Inc
Nahass Mitchell -- Accommodation
Nahass Mitchell -- Orange Coast Title
Nahass Mitchell -- Old Republic Title Company
Nahass Mitchell -- Old Republic Title Company
Nahass Mitchell $785,000 Title 365
Triqueneaux Laurent $552,000 Lawyers Title
U S Bank National Association $552,266 Accommodation
Santiago Alejandro Santiago $755,000 Fidelity National Title Co
Luna Elba L -- Landsafe Title Of California
Luna Elba L -- Landsafe Title Of California
Soll Kathryn C $590,000 Landsafe Title Of California
Perez Trinidad -- --
Perez Trinidad $470,000 Provident Title Company
Wiacek Grazyna -- Provident Title Company
Wiacek Stanislaw -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krum David Michael $917,000
Previous Owner Nahass Mitchell $679,250
Previous Owner Nahass Mitchell $700,000
Previous Owner Nahass Mitchell $588,750
Previous Owner Santiago Alejandro Santiago $490,750
Previous Owner Santiago Alejandro Santiago $188,750
Previous Owner Soll Kathryn C $400,000
Previous Owner Perez Trinidad $423,000
Closed Soll Kathryn C $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $1,310,000 +1.2% $418 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $1,295,000 -- $413 / 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 $17,266 $1,417,985 $855,121 $562,864
2024 $17,266 $1,390,182 $838,354 $551,828
2023 $16,939 $1,362,924 $821,916 $541,008
2022 $16,163 $1,336,200 $805,800 $530,400
2021 $15,958 $1,310,000 $790,000 $520,000
2020 $11,167 $883,890 $613,658 $270,232
2019 $10,735 $866,560 $601,626 $264,934
2018 $10,624 $849,570 $589,830 $259,740
2016 $10,149 $816,582 $566,927 $249,655
2015 $10,004 $804,317 $558,412 $245,905
2014 $10,052 $788,563 $547,474 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-613148

The MLS

APN: 4218-017-007