NOT LISTED FOR SALE

Estimated Value: $1,847,000 - $2,768,000

8 Beds
4 Baths
3,100 Sq Ft
$744/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $975,000 $315 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $13,871/month

247 Days on Market

About This Home

As of March 2012

Was in escrow with multiple offers--went over asking & "green" buyers got cold feet. Great curb appeal. Non-rent-controlled 4-unit building located on a tree-lined street in Culver City. Entire street was built in 1951 with similary styled buildings, supposedly for the booming aerospace industry. Very solidly built units, all with hardwood floors, washer/dryer hookups, large eat-in kitchens and all with a one-car garage. The building was purchased by the current owner in 2006 and rehabbed with copper plumbing (horizontals and verticals), newly refinished hardwood floors , fresh paint (except for front downstairs unit which is original to building and not rehabbed) and new electrical boxes and water heaters. Building also has newer roof, windows, stucco, exterior paint. Courtyard totally enclosed with newer fencing and shared by both buildings. Great tenants. All rents are actual. Inside with accepted offer only. Drive by and walk-around. Tenants know it is for sale.

Last Agent to Sell the Property

Joan Moon

Cavanaugh Realtors License #01221555 Listed on: 05/31/2011

Last Buyer's Agent

James Tucker

Power Brokers License #01311635

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,686

Year Built

  • Built in 1951

Lot Details

  • 5,724

Parking

  • 8 Car Garage

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Additional Features

  • 5,724 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4203-002-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,686

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3100
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 317.74

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Water Expense: 1020.00

Fee Information

  • Insurance Expense: 1025.00
  • Trash Expense: 2060.00

Lot Info

  • Assessed Improvement Value: 302444
  • Assessed Land Value: 679173
  • Assessor Parcel Number: 4203-002-028
  • Lot Size Area: 5724

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 4
  • Rent Control: 0%
  • Total Annual Expense: 16952
  • Type Of Units: Apartments
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 11887.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Yise Fund Llc and Luo Hong Zhao
Bought by
Yise Fund Llc
Current Estimated Value
$2,305,822

Purchase Details

Closed on
Jul 13, 2012
Sold by
Yang Hong
Bought by
Yise Fund Llc

Purchase Details

Listed on
May 31, 2011
Closed on
Feb 21, 2012
Sold by
Yang Hong
Bought by
Luo Hong Zhao and Yang Hong
Seller's Agent
Joan Moon
Cavanaugh Realtors
Buyer's Agent
James Tucker
Power Brokers
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$697,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2011
Closed on
Feb 9, 2012
Sold by
Marko Tom
Bought by
Yang Hong
Seller's Agent
Joan Moon
Cavanaugh Realtors
Buyer's Agent
James Tucker
Power Brokers
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2006
Sold by
Bermeo C Adolfo
Bought by
Marko Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bermeo Marjorie Kim
Bought by
Bermeo C Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Kim Marjorie Y
Bought by
Bermeo C Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1996
Sold by
Bermeo Rosa Maria
Bought by
Bermeo Rosa and The Rosa Bermeo & Adolfo Bermeo 1978 Tr

Purchase Details

Closed on
May 6, 1996
Sold by
Bermeo Rosa
Bought by
Bermeo Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yise Fund Llc -- None Listed On Document
Yise Fund Llc -- None Available
Luo Hong Zhao -- None Available
Yang Hong -- Fidelity Van Nuys
Yang Hong $975,000 Fidelity Natl Title Ins Co
Marko Tom -- Stewart Title
Bermeo C Adolfo -- Gateway Title Company
Bermeo C Adolfo -- Gateway Title
Bermeo Rosa -- --
Bermeo Rosa Maria -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Hong $697,500
Previous Owner Marko Tom $655,000
Previous Owner Marko Tom $647,500
Previous Owner Bermeo C Adolfo $178,000
Previous Owner Bermeo C Adolfo $175,000
Previous Owner Bermeo C Adolfo $175,000
Previous Owner Bermeo Rosa Maria $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $975,000 0.0% $315 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
05/31/2011 05/31/11 For Sale $975,000 -- $315 / 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 $15,686 $1,218,640 $849,927 $368,713
2024 $15,686 $1,194,746 $833,262 $361,484
2023 $15,042 $1,171,321 $816,924 $354,397
2022 $14,486 $1,148,355 $800,906 $347,449
2021 $14,541 $1,125,839 $785,202 $340,637
2019 $13,988 $1,092,448 $761,913 $330,535
2018 $13,758 $1,071,028 $746,974 $324,054
2016 $12,790 $1,029,440 $717,969 $311,471
2015 $12,693 $1,013,978 $707,185 $306,793
2014 $12,645 $994,117 $693,333 $300,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-530795

The MLS

APN: 4203-002-028