NOT LISTED FOR SALE

5540 Kinston Ave Culver City, CA 90230

Blanco-Culver Crest Neighborhood

Estimated Value: $1,936,000 - $2,543,000

8 Beds
5 Baths
3,160 Sq Ft
$675/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $1,808,600 $572 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $13,462/month

14 Days on Market

About This Home

As of February 2018

5540 Kinston Ave, is located in the prime Culver City market just a short distance to Downtown Culver City with abundant restaurants, movie theaters, shops, Sony Studios, Kirk Douglas Theater, bike paths, parks, and the Expo light rail. This charming 4 unit building is situated on a 5,730sf lot. The unit mix consists of (2) 2 bedroom/1.75 bath and (2) bedroom/1 bathroom apartment units. Each unit is individually metered for electricity and gas.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 01/10/2018

Compass

Last Buyer's Agent

Stephanie Younger

Compass License #01365696

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,158

Year Built

  • Built in 1951

Lot Details

  • 5,731 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,160 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4203-003-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,158

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3160
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 537.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 507421
  • Assessed Land Value: 761132
  • Assessor Parcel Number: 4203-003-047
  • Geocode Override: No
  • Lot Size Area: 5731

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.20
  • Number Of Units: 4
  • Total Annual Expense: 35835
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jan 26, 2018
Sold by
Kamc Properties Llc
Bought by
Thompson Michael A and Thompson Christine M
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Stephanie Younger
Compass
List Price
$1,700,000
Sold Price
$1,808,600
Premium/Discount to List
$108,600
6.39%
Current Estimated Value
$2,133,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,453
Avg. Annual Appreciation
3.79%
Original Mortgage
$1,266,600
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 22, 2015
Sold by
Tong Eric and Llao Ching
Bought by
Kamc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Kamc Properties Llc
Bought by
Tong Eric and Liao Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 11, 2014
Sold by
Tong Eric and Liao Ching
Bought by
Kamc Properties Llc
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Shifra Sarraf
Keller Williams Rlty Brentwood
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$801,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2014
Closed on
Jun 21, 2014
Sold by
Kaminski Alan E and Kaminski Anne M
Bought by
Tong Eric and Liao Ching
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Shifra Sarraf
Keller Williams Rlty Brentwood
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Brookes Paul R and Brookes Helene T
Bought by
Brookes Edward Alan

Purchase Details

Closed on
Dec 22, 2010
Sold by
Brookes Edward Alan
Bought by
Brookes Edward Alan and Edward Alan Brookes Revocable

Purchase Details

Closed on
Sep 9, 2009
Sold by
Kaminski Alan E and Kaminski Anne M
Bought by
Kaminski Alan E and Kaminski Anne M

Purchase Details

Closed on
Feb 27, 2003
Sold by
Kaminski Alan E and Kaminski Anne M
Bought by
Kaminski Alan E and Kaminski Anne M

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
5.85%

Purchase Details

Closed on
Sep 11, 2002
Sold by
Brookes Paul R and Brookes Helene T
Bought by
Brookes Helene T and Brookes Realty Trust

Purchase Details

Closed on
Dec 22, 1993
Sold by
Kaminski Alan E and Kaminski Anne M
Bought by
Kaminski Alan E and Kaminski Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
7.09%
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
Thompson Michael A $1,809,000 Chicago Title Company
Kamc Properties Llc -- Accommodation
Tong Eric -- Accommodation
Kamc Properties Llc -- None Available
Tong Eric $1,225,012 Fidelity National Title
Brookes Edward Alan -- None Available
Brookes Paul R -- None Available
Brookes Edward Alan -- None Available
Kaminski Alan E -- None Available
Kaminski Alan E -- North American Title Co
Kaminski Alan E -- North American Title Co
Brookes Helene T -- --
Kaminski Alan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Michael $1,150,000
Closed Thompson Christne M $1,165,150
Closed Thompson Michael A $1,170,000
Closed Thompson Michael A $1,266,600
Previous Owner Tong Eric $800,000
Previous Owner Tong Eric $801,000
Previous Owner Kaminski Alan E $120,000
Previous Owner Kaminski Alan E $105,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $1,808,600 +6.4% $572 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $1,700,000 +38.8% $538 / Sq Ft
07/08/2014 07/08/14 Sold $1,225,000 -2.0% $388 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,250,000 -- $396 / 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 $25,158 $2,057,872 $1,440,034 $617,838
2024 $25,158 $2,017,523 $1,411,799 $605,724
2023 $24,258 $1,977,965 $1,384,117 $593,848
2022 $22,895 $1,939,182 $1,356,978 $582,204
2021 $22,894 $1,901,160 $1,330,371 $570,789
2019 $22,057 $1,844,772 $1,290,912 $553,860
2018 $16,232 $1,293,923 $776,354 $517,569
2016 $15,256 $1,243,680 $746,208 $497,472
2015 $15,195 $1,225,000 $735,000 $490,000
2014 $4,604 $262,635 $140,737 $121,898
Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2018

    Kenny Stevens

    Compass

    (424) 284-4453

    42 Total Sales

    Kenny Stevens
    Section Image
  • Stephanie Younger

    Buyer's Agent in 2018

    Stephanie Younger

    Compass

    (310) 499-2020

    2 in this area

    890 Total Sales

    Stephanie Younger
    Section Image

  • S

    Buyer's Agent in 2014

    Shifra Sarraf

    Keller Williams Rlty Brentwood

    Section Image

  • F

    Buyer Co-Listing Agent in 2014

    Fariba Hekmati

    Fariba Hekmati

    Section Image
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Map

Source: The MLS

MLS Number: 18-302070

The MLS

APN: 4203-003-047

California Los Angeles County Culver City 90230 Blanco-Culver Crest

5540 Kinston Ave, Culver City, CA

This home is located at 5540 Kinston Ave, Culver City, CA 90230 since 10 January 2018 and is currently estimated at $2,133,053, approximately $675 per square foot. This property was built in 1951. 5540 Kinston Ave is a home located in Los Angeles County with nearby schools including El Rincon Elementary School, Culver City Middle School, and Culver City High School.

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