NOT LISTED FOR SALE

5571 Margaret Ave Culver City, CA 90230

Playa Vista Neighborhood

Estimated Value: $1,152,000 - $1,485,000

3 Beds
3 Baths
1,980 Sq Ft
$676/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $522,000 $264 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,830/month

9 Days on Market

About This Home

As of October 2013

One story triplex. Corner lot. Each unit is 1BD/1BA. Close to beach, park, shopping center, and freeway access. Great opportunity!

Last Agent to Sell the Property

Austin Logan

Century 21 Masters License #01504387 Listed on: 08/05/2013

Last Buyer's Agent

Tyler Taft

SHK Realty License #01929636

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,005

Year Built

  • Built in 1950

Lot Details

  • 4,738 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Parking Spaces

Home Design

  • 1,980 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 516
  • Tax Tract Number 8539
  • Assessor Parcel Number 4220016031

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,005

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4220016031
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 263.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4738.00
  • Lot Size Acres: 0.1090

Multi Family

  • Lot Size Area: 4738.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 516
  • Tax Tract Number: 8539
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Shokoufandeh Bahman and Shokoufandeh Arash
Bought by
Shokoufandeh Arash and Shokoufandeh Omid
Current Estimated Value
$1,314,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,650
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2013
Closed on
Oct 3, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Shokoufandeh Bahman and Shokoufandeh Arash
Seller's Agent
Austin Logan
Century 21 Masters
Buyer's Agent
Tyler Taft
SHK Realty
List Price
$499,900
Sold Price
$522,000
Premium/Discount to List
$22,100
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Pomahac Robert and Geminuic Tessa
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 1, 2005
Sold by
Pomahac Robert R
Bought by
Pomahac Robert R and Geminuic Tessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Pomahac Robert and Geminuie Tessa
Bought by
Pomahac Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Oshimo Hideaki George and Oshimo Atsue
Bought by
Pomahac Robert and Geminiuc Tessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1993
Sold by
Oshimo Hideaki and Oshimo Atsue
Bought by
Oshimo Hideaki George and Oshimo Atsue
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
Shokoufandeh Arash -- Stewart Title Of California
Shokoufandeh Bahman $522,000 Premium Title Of Ca Inc
Deutsche Bank National Trust Company $648,000 Accommodation
Pomahac Robert R -- --
Pomahac Robert R -- --
Pomahac Robert $599,000 Equity Title Company
Oshimo Hideaki George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shokoufandeh Arash $741,000
Closed Shokoufandeh Arash $749,650
Closed Shokoufandeh Bahman $645,300
Closed Shokoufandeh Bahman $400,000
Previous Owner Pomahac Robert R $75,000
Previous Owner Pomahac Robert $575,000
Previous Owner Pomahac Robert $479,200
Closed Pomahac Robert $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $522,000 +4.4% $264 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $499,900 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,005 $639,888 $394,722 $245,166
2024 $8,005 $627,342 $386,983 $240,359
2023 $7,858 $615,043 $379,396 $235,647
2022 $7,505 $602,984 $371,957 $231,027
2021 $7,406 $591,162 $364,664 $226,498
2019 $7,191 $573,630 $353,849 $219,781
2018 $7,105 $562,383 $346,911 $215,472
2016 $6,790 $540,547 $333,441 $207,106
2015 $6,694 $532,429 $328,433 $203,996
2014 $6,733 $522,000 $322,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Austin Logan

    Century 21 Masters

    Section Image

  • T

    Buyer's Agent in 2013

    Tyler Taft

    SHK Realty

    (310) 278-3311

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13156621

California Regional Multiple Listing Service (CRMLS)

APN: 4220-016-031

California Los Angeles County Culver City 90230 Playa Vista

5571 Margaret Ave, Culver City, CA

This home is located at 5571 Margaret Ave, Culver City, CA 90230 since 05 August 2013 and is currently estimated at $1,338,333, approximately $675 per square foot. This property was built in 1950. 5571 Margaret Ave 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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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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