NOT LISTED FOR SALE

8218 Pershing Dr Playa Del Rey, CA 90293

Estimated Value: $1,861,000 - $2,223,000

5 Beds
3 Baths
2,223 Sq Ft
$943/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,830,000 $823 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,849/month

19 Days on Market

Highlights

  • Unit is on the top floor
  • Panoramic View
  • Traditional Architecture
  • Kentwood Elementary Rated A-
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Great Investor/ Owner User Opportunity - Playa Del Rey Duplex = 3+2 and 2+1 with 3rd unit or large storage/studio/ADU potential. (Currently used as storage) Live in one unit and rent out the other. Add the third studio unit for more income. Permits will be required. Minutes to Playa Vista, Marina Del Rey, Westchester and Culver City, Short distance to 90 Freeway and 405. Walking distance to the beach, shops and restaurants.

Last Agent to Sell the Property

Thomas Hickey

Thomas Hickey License #01312830 Listed on: 01/09/2023

Last Buyer's Agent

Heba Abulazm

Real Estate Source, Inc. License #01391926

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Hillside Location

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Panoramic
  • Hills

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Vertical Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Multi-Tank Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Brick Porch or Patio
  • Unit is on the top floor

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4115-005-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Top Level, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 2
  • Entry Location: Top Level
  • Living Area: 2223
  • Lot Acreage: 0.1148
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins
  • Number Dishwasher: 1
  • Number Disposal: 2
  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Linoleum, Mixed
  • Appliances: Cooktop - Gas, Free Standing Gas, Oven
  • Bedrooms: 5
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • Common Walls: Attached
  • Bathroom Features: Tile, Shower and Tub, Shower Stall
  • Kitchen Features: Granite Counters, Tile Counters, Galley Kitchen
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 832.21
  • Windows: Double Pane Windows, Vertical Blinds

Exterior Features

  • Direction Faces: West
  • Construction: Combination, Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Patio: Brick
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Walk Street, Panoramic, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Door Opener, Attached, Above Street Level, Covered Parking, Garage - 1 Car, Garage - 2 Car
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Multi-Tank
  • Cooling: Ceiling Fan
  • Heating: Wall
  • Security: Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 21.74
  • Assessed Improvement Value: 278879
  • Assessed Land Percent: 78.26
  • Assessed Land Value: 1003965
  • Total Assessed Value: 1282844
  • Assessor Parcel Number: 4115-005-005
  • Lot Description: Landscaped
  • Lot Location: Hillside
  • Lot Size Area: 5000

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Apartments

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 21, 2023
Sold by
Abouelata Wesam M
Bought by
Hashalh Sabath
Seller's Agent
Thomas Hickey
Thomas Hickey
Buyer's Agent
Heba Abulazm
Real Estate Source, Inc.
List Price
$1,850,000
Sold Price
$1,830,000
Premium/Discount to List
-$20,000
-1.08%
Views
26
Current Estimated Value
$2,095,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,660
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,189,500
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2023
Sold by
Pershing Drive Llc
Bought by
Hashalh Sabah and Abouelata Zeinab Wesam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,189,500
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2015
Sold by
Malessa Ulrich W and Estate Of Brigitte Maruna
Bought by
Pershing Drive Llc

Purchase Details

Closed on
Nov 2, 1998
Sold by
Cade John R and Maruna Brigitte
Bought by
Maruna Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hashalh Sabath -- Fidelity National Title
Hashalh Sabah $1,830,000 Fidelity National Title
Pershing Drive Llc $1,150,000 Lawyers Title Company
Maruna Brigitte $50,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hashalh Sabah $1,189,500
Previous Owner Maruna Brigitte $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $1,830,000 -1.1% $823 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $1,850,000 -- $832 / 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 $22,827 $1,903,932 $1,456,560 $447,372
2024 $22,827 $1,866,600 $1,428,000 $438,600
2023 $16,131 $1,308,500 $1,024,044 $284,456
2022 $15,387 $1,282,844 $1,003,965 $278,879
2021 $15,196 $1,257,691 $984,280 $273,411
2019 $14,744 $1,220,389 $955,087 $265,302
2018 $14,643 $1,196,460 $936,360 $260,100
2016 $14,006 $1,150,000 $900,000 $250,000
2015 $4,592 $360,098 $200,444 $159,654
2014 $4,619 $353,045 $196,518 $156,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-230975

The MLS

APN: 4115-005-005