NOT LISTED FOR SALE

Estimated Value: $1,208,000 - $1,475,000

5 Beds
3 Baths
2,376 Sq Ft
$559/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $719,000 $303 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,057/month

80 Days on Market

Highlights

  • Spanish Architecture
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2016

Price Reduction!! Calling all owner/users and developers! Charming Spanish style duplex available with potential for great cash flow!! Perfect opportunity for an owner/user to upgrade the vacant unit or for an investor to hold as a long term income property. Ideally located adjacent to hip Culver City and near Pico shopping areas, recreation areas, and bike lanes going out to the beaches. One unit vacant and move-in ready. Both units boast granite counter tops, ceiling fans, tile flooring, carpeting and individual main entrances at the front of the property. Property is zoned RD 1.5. Don't miss this amazing opportunity!!

Last Agent to Sell the Property

Omid Shokoufandeh

SHK Realty License #01938930 Listed on: 01/06/2016

Last Buyer's Agent

Omid Shokoufandeh

SHK Realty License #01938930 Listed on: 01/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,471

Year Built

  • Built in 1928

Lot Details

  • 7,493

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,493 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5063-001-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,471

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2376
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 315.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Spanish Tile, Tile
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 106077
  • Assessed Land Value: 424311
  • Assessor Parcel Number: 5063-001-012
  • Geocode Override: No
  • Lot Size Area: 7493

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 2
  • Total Annual Expense: 12500
  • Type Of Units: Duplex
  • Vacancy Rate: %

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
May 16, 2016
Sold by
Brunk Peter E
Bought by
Peter Elljah Brunk Llc
Seller's Agent
Omid Shokoufandeh
SHK Realty
Buyer's Agent
Omid Shokoufandeh
SHK Realty
List Price
$799,000
Sold Price
$719,000
Premium/Discount to List
-$80,000
-10.01%
Current Estimated Value
$1,328,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,727
Avg. Annual Appreciation
6.16%
Original Mortgage
$533,850
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 31, 2016
Sold by
Ajoudani Shirin
Bought by
Brunk Peter E
Seller's Agent
Omid Shokoufandeh
SHK Realty
Buyer's Agent
Omid Shokoufandeh
SHK Realty
List Price
$799,000
Sold Price
$719,000
Premium/Discount to List
-$80,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2013
Closed on
Nov 20, 2013
Sold by
Shark Investments Llc
Bought by
Ajoudani Shirin
Seller's Agent
JESSICA TRAN
PLATINUM REAL ESTATE GROUP
Buyer's Agent
Tyler Taft
SHK Realty
List Price
$599,990
Sold Price
$519,990
Premium/Discount to List
-$80,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$365,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
Sold by
Snell Melvin Ray and Croil Birgitta
Bought by
Shark Investments Llc

Purchase Details

Closed on
Jan 10, 2002
Sold by
Morgan Carrie
Bought by
Morgan Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Croil Birgitta Y and Morgan Carrie Baker
Bought by
Morgan Carrie Baker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
May 10, 1995
Sold by
Croil Birgitta Y
Bought by
Morgan Carrie Baker and The Carrie Baker Morgan Living Trust

Purchase Details

Closed on
Mar 1, 1995
Sold by
Morgan Carrie
Bought by
Morgan Carrie Baker and The Carrie Baker Morgan Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peter Elljah Brunk Llc -- Fidelity National Title Co
Brunk Peter E $719,000 Fidelity National Title Co
Ajoudani Shirin $520,000 Fidelity National Title Co
Shark Investments Llc $71,000 Lawyers Title Company Mv
Morgan Carrie -- --
Morgan Carrie Baker -- Commonwealth Land Title Co
Morgan Carrie Baker -- --
Morgan Carrie Baker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brunk Peter E $533,850
Previous Owner Ajoudani Shirin $365,000
Previous Owner Shark Investments Llc $380,000
Previous Owner Snell Melvin Ray $19,000
Previous Owner Snell Melvin Ray $40,000
Previous Owner Cron Birgitta $250,000
Previous Owner Croil Birgitta $105,000
Previous Owner Morgan Carrie Baker $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $719,000 -10.0% $303 / Sq Ft
01/06/2016 01/06/16 For Sale $799,000 +53.7% $336 / Sq Ft
11/27/2013 11/27/13 Sold $519,990 -13.3% $219 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $599,990 -- $253 / 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 $10,471 $851,144 $680,917 $170,227
2024 $10,471 $834,456 $667,566 $166,890
2023 $10,276 $818,095 $654,477 $163,618
2022 $9,810 $802,055 $641,645 $160,410
2021 $9,682 $786,329 $629,064 $157,265
2019 $9,398 $763,007 $610,406 $152,601
2018 $9,241 $748,047 $598,438 $149,609
2016 $6,667 $538,475 $430,781 $107,694
2015 $6,571 $530,388 $424,311 $106,077
2014 $7,120 $520,000 $416,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-969375

The MLS

APN: 5063-001-012