NOT LISTED FOR SALE

5505 Inglewood Blvd Culver City, CA 90230

Playa Vista Neighborhood

Estimated Value: $1,021,000 - $1,128,907

2 Beds
1 Bath
719 Sq Ft
$1,479/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $502,500 $699 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,353/month

55 Days on Market

Highlights

  • City Lights View
  • Walk-In Closet
  • Auto Driveway Gate
  • Venice High School Rated A
  • Bungalow
  • 5-minute walk to Ron Babcock’s Park

About This Home

As of October 2014

Huge Opportunity. Contractors/Investors take note - This is a total fixer, a 2 bedrooms, 1 bathroom house on a corner lot in a delightful neighborhood and just a few short blocks from the restaurants, shops and theatre being constructed in the Playa Vista expansion development. Zoned LAR3. THIS IS A PROBATE SALE -The SUPERIOR COURT HAS ACCEPTED A BID - Case No. BP 149 342 in Superior Court number 9 at 111 North Hill Street, Los Angeles. The date is SEPTEMBER 15, 2014 at 8:30 AM. The bid that has been accepted is $502,500.00. Therefore, the first overbid must be $528,125.00.

Last Agent to Sell the Property

Bob Ferrol

Estate Properties License #01323700 Listed on: 07/23/2014

Last Buyer's Agent

Omid Shokoufandeh

SHK Realty License #01938930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1952

Lot Details

  • 4,082 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Bungalow

Interior Spaces

  • 719 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Auto Driveway Gate

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4220-020-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,240

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 719
  • Planned Urban Dev: 0
  • Probate: Yes
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 591.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway Gate

Utilities

  • Heating: Wall Gas

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4220-020-009
  • Geocode Override: No
  • Lot Size Area: 4082

Rental Info

  • Court Approve: Yes

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Shokoufandeh Bahman
Bought by
Beatrice Investment Llc
Current Estimated Value
$1,063,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,075,000
Outstanding Balance
$2,045,290
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$1,063,934

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 23, 2014
Sold by
Maccarley Lisa and Estate Of Albert Raymond Hechi
Bought by
Shokoufandeh Bahman
Seller's Agent
Bob Ferrol
Estate Properties
Buyer's Agent
Omid Shokoufandeh
SHK Realty
List Price
$425,000
Sold Price
$502,500
Premium/Discount to List
$77,500
18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$150,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
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
Beatrice Investment Llc -- Old Republic Title Company
Shokoufandeh Bahman $502,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatrice Investment Llc $2,075,000
Previous Owner Shokoufandeh Bahman $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $502,500 +18.2% $699 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $425,000 -- $591 / 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 $7,240 $1,203,600 $1,152,600 $51,000
2024 $7,240 $592,078 $473,665 $118,413
2023 $7,102 $580,470 $464,378 $116,092
2022 $6,773 $569,089 $455,273 $113,816
2021 $6,689 $557,932 $446,347 $111,585
2019 $6,488 $541,385 $433,109 $108,276
2018 $6,456 $530,770 $424,617 $106,153
2016 $6,177 $510,162 $408,130 $102,032
2015 $6,087 $502,500 $402,000 $100,500
2014 $2,050 $159,240 $135,365 $23,875
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bob Ferrol

    Estate Properties

  • O

    Buyer's Agent in 2014

    Omid Shokoufandeh

    SHK Realty

    (310) 926-8286

    15 Total Sales

    Omid Shokoufandeh
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Map

Source: The MLS

MLS Number: 14-780279

The MLS

APN: 4220-020-009

California Los Angeles County Culver City 90230 Playa Vista

5505 Inglewood Blvd, Culver City, CA

This home is located at 5505 Inglewood Blvd, Culver City, CA 90230 since 23 July 2014 and is currently estimated at $1,063,477, approximately $1,479 per square foot. This property was built in 1952. 5505 Inglewood Blvd is a home located in Los Angeles County with nearby schools including Playa Del Rey Elementary School, Marina Del Rey Middle School, and Venice High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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