NOT LISTED FOR SALE

Estimated Value: $1,445,000 - $1,559,000

9 Beds
6 Baths
3,244 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $1,600,000 $493 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,797/month

About This Home

As of April 2022

Don't miss out on this excellent income property close to Culver City, Beverly Hills, and the 405 & 10 Freeways. This is a Quadruplex (4 units) with a Townhouse Style Unit in front, with three bedrooms and two baths, perfect for an owner-user while collecting rent from other units. The additional units are 3-bed/2-bath, 2-bed/2-bath, and 1-bed/1-bath. Tranquil location on a quiet Cul-de-sac. Culver City is one of Los Angeles’s top rental markets, with many tech companies such as HBO, Amazon, Apple, and more investing in the area with high-paying jobs. Strong Rental Location with Easy Access to Transportation, Employment, Restaurants, and Nightlife

Last Agent to Sell the Property

Bruce Lavi

Keller Williams Realty-Studio City License #01482721 Listed on: 11/08/2021

Keller Williams Realty-Studio City

Last Buyer's Agent

Kyle Mirrafati

Matthews Real Estate Investment Services License #01911204

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,445

Year Built

  • Built in 1965

Lot Details

  • 4,002 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 3,244 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 239
  • Tax Tract Number 6256
  • Assessor Parcel Number 5065019024
  • $428 per year additional tax assessments

Community Details

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,445

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 425000
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5065019024
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 493.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4002.00
  • Lot Size Acres: 0.0919

Multi Family

  • Lot Size Area: 4002.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 7024.00
  • Tax Lot: 239
  • Tax Tract Number: 6256
  • TaxOtherAnnualAssessmentAmount: 428.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2019
Sold by
Gonzalez Rosendo and Estate Of Ruben Fernandez
Bought by
Violet Flower Llc
Current Estimated Value
$1,526,538

Purchase Details

Closed on
Jul 20, 2005
Sold by
Fernandez Maria Teresa
Bought by
Fernandez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 16, 2005
Sold by
Pacas Jose
Bought by
Fernandez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2003
Sold by
Pacas Julio Cesar and Hernandez Jose Efrain
Bought by
Pacas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1995
Sold by
Pacas Paula
Bought by
Pacas Julio Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,050
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1995
Sold by
Emc Mtg Corp
Bought by
Pacas Julio Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,050
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Jun 29, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
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
Violet Flower Llc $1,285,000 First American Title Company
Fernandez Ruben -- --
Fernandez Ruben $785,000 First Southwestern Title Co
Pacas Jose -- Fidelity National Financial
Pacas Julio Cesar -- Fidelity National Title Ins
Pacas Julio Cesar $152,000 Fidelity National Title Ins
Emc Mtg Corp $120,500 Fidelity National Title
Great Western Bank Fsb $110,672 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Ruben $549,500
Previous Owner Pacas Jose $170,000
Previous Owner Pacas Julio Cesar $169,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $1,600,000 -5.9% $493 / Sq Ft
04/10/2022 04/10/22 For Sale $1,700,000 0.0% $524 / Sq Ft
03/15/2022 03/15/22 For Sale $1,700,000 0.0% $524 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $1,700,000 -- $524 / 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 $20,445 $1,515,750 $910,750 $605,000
2024 $20,445 $1,664,640 $832,320 $832,320
2023 $20,053 $1,632,000 $816,000 $816,000
2022 $16,219 $1,350,763 $935,548 $415,215
2021 $16,011 $1,324,278 $917,204 $407,074
2019 $11,737 $963,005 $735,034 $227,971
2018 $11,652 $944,150 $720,622 $223,528
2016 $11,128 $906,202 $692,641 $213,561
2015 $10,967 $892,591 $682,237 $210,354
2014 $11,024 $875,107 $668,873 $206,234
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21244767

California Regional Multiple Listing Service (CRMLS)

APN: 5065-019-024