NOT LISTED FOR SALE

Estimated Value: $1,538,000 - $1,945,000

4 Beds
2 Baths
1,612 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $1,650,000 $1,024 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,960/month

52 Days on Market

Highlights

  • Corner Lot
  • Built-In Features
  • 4 Car Garage
  • Covered Patio or Porch
  • Bathtub with Shower
  • Remodeled Bathroom

About This Home

As of September 2019

Rare opportunity to live/own or develop this prime R-3 corner lot in the heart of Silicon Beach! Add additional units or enjoy these two picture-perfect, mid-century beach bungalows that each boast their own private backyard oasis and 1 car garage. Meticulously remodeled throughout and full of natural light, each unit features 2 bright bedrooms; a remodeled full bathroom with custom tile; vaulted wood-beam ceilings; new flooring; designer hardware and lighting; individual laundry; and a remodeled kitchen with new cabinetry, Carrera and quartz countertops, custom tile and high-end appliances! Just blocks to the beach, Playa Vista, LMU and all the best that Silicon Beach has to offer, this charming property is brimming with character, upgrades and potential for owner/users and investors alike.

Last Agent to Sell the Property

Nicole Pagan

Estate Properties License #01857652 Listed on: 07/26/2019

Estate Properties

Last Buyer's Agent

Sheree Thiel

Beverly and Company, Inc. License #02003064

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,082

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,734 Sq Ft Lot
  • South Facing Home
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,612 Sq Ft Home
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 4114-028-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,082

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Rare opportunity to live/own or develop this prime R-3 corner lot in the heart of Silicon Beach! Add additional units or enjoy these two picture-perfect, mid-century beach bungalows that each boast their own private backyard oasis and 1 car garage. Meticulously remodeled throughout and full of natural light, each unit features 2 bright bedrooms; a remodeled full bathroom with custom tile; vaulted wood-beam ceilings; new flooring; designer hardware and lighting; individual laundry; and a remodeled kitchen with new cabinetry, Carrera and quartz countertops, custom tile and high-end appliances! Just blocks to the beach, Playa Vista, LMU and all the best that Silicon Beach has to offer, this charming property is brimming with character, upgrades and potential for owner/users and investors alike.
  • Living Area: 1612
  • Property Condition: Updated/Remodeled
  • Year Built: 1952
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Built-In And Free Standing
  • Bedrooms: 4
  • Bathroom Features: Remodeled, Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1116.00

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Patio: Covered Porch
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4114-028-001
  • Geocode Override: No
  • Lot Location: Corner Lot
  • Lot Size Area: 6734

Rental Info

  • Owner Pays: Gardener

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.26
  • Number Of Units: 2
  • Total Annual Expense: 1800
  • Type Of Units: Duplex
  • Vacancy Rate: 0.00%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Tev Trust and Randolph Thomas
Bought by
Alatorre Max and Alatorre Valerie L
Current Estimated Value
$1,774,201

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 17, 2019
Sold by
Pagan Michael P and Pagan Robert Matthew
Bought by
Randolph Edward L and Tev Trust
Seller's Agent
Nicole Pagan
Estate Properties
Buyer's Agent
Sheree Thiel
Beverly and Company, Inc.
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$870,255
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2019
Sold by
Pagan Michael P and Pagan Michael
Bought by
Pagan Michael P and Pagan Robert Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,255
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 26, 2018
Sold by
Pagan Carol L
Bought by
Pagan Robert M
Seller's Agent
Bob Waldron
Coldwell Banker Realty
Buyer's Agent
Nicole Pagan
Estate Properties
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$870,225
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Markovitch Michael D
Bought by
Pagan Michael and Pagan Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,225
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2015
Sold by
Veen Janet Ter
Bought by
Ter Veen Markpvitch Trust

Purchase Details

Closed on
Jun 18, 2015
Sold by
Ter Veen Janet
Bought by
Markovitch Michael D and Ter Veen Janet

Purchase Details

Closed on
Jun 13, 2000
Sold by
Terveen Janet
Bought by
Terveen Janet and Janet Terveen Trust
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
Alatorre Max -- None Listed On Document
Randolph Edward L $1,650,000 Fidelity National Title
Pagan Michael P -- Lawyers Title La
Pagan Robert M -- Equity Title Company
Pagan Michael $1,300,000 Equity Title Company
Ter Veen Markpvitch Trust -- None Available
Markovitch Michael D -- None Available
Ter Veen Janet -- None Available
Terveen Janet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pagan Michael P $870,255
Previous Owner Pagan Michael $870,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $1,650,000 -8.3% $1,024 / Sq Ft
07/26/2019 07/26/19 For Sale $1,799,000 +38.4% $1,116 / Sq Ft
06/13/2018 06/13/18 Sold $1,300,000 0.0% $806 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $1,300,000 -- $806 / 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 $18,082 $1,512,741 $1,200,621 $312,120
2024 $18,082 $1,483,080 $1,177,080 $306,000
2023 $17,383 $1,424,817 $356,125 $1,068,692
2022 $16,573 $1,396,881 $349,143 $1,047,738
2021 $16,372 $1,369,493 $342,298 $1,027,195
2019 $15,846 $1,326,000 $1,071,000 $255,000
2018 $1,605 $118,468 $84,227 $34,241
2016 $1,521 $113,869 $80,957 $32,912
2015 $1,501 $112,159 $79,741 $32,418
2014 $1,523 $109,962 $78,179 $31,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-492080

The MLS

APN: 4114-028-001