Jeffrey Russell
Russell Realty Group
(626) 604-2792
115 Total Sales
2 in Playa Del Rey
$445,000 Price Range
8400 Pershing Dr Los Angeles, CA 90293
Playa del Rey Area
3
Beds
3
Baths
10,552
Sq Ft
7,501
Sq Ft Lot
About This Home
As of January 2020Beautiful 10+1 unit complex consisting of 9 oversized one bedroom units and 1 two bedroom unit and a few blocks to the beautiful California Beaches.
Most units feature either a huge patio or balcony area.
Below the structure is a 10 car garage and two parking spaces outside.
Separately metered for Gas and Electric.
Recent upgrades include new double and triple pane windows and glass sliders.
This property is located within the zone of LA City Rent Control.
Owner pays utilities for Extra unit and the attached Nonconforming unit.
Last Agent to Sell the Property
The Holstein Group License #01210777 Listed on: 09/05/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 10 Car Garage
Home Design
- 10,552 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 9809
- Assessor Parcel Number 4115001039
Community Details
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $4,100
- Maintenance Expense $7,500
- Other Expense $5,080
- Professional Management Expense $2,000
- Trash Expense $3,000
- Water Sewer Expense $7,650
- New Taxes Expense $47,500
- Operating Expense $76,832
- Gross Income $1,281
- Net Operating Income $142,804
Additional Features
- 10 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 9, 2023
Sold by
Bought by
Purchase Details
Listed on
Sep 5, 2019
Closed on
Jan 6, 2020
Sold by
Bought by
Seller's Agent
David Holstein
The Holstein Group
Buyer's Agent
David Holstein
The Holstein Group
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Jul 17, 2002
Sold by
Bought by
Purchase Details
Closed on
Jun 11, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Jeffrey Russell
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
49 Total Sales
1 in Playa Del Rey
$1,500,000 Price
-
Barbara Radke
Barbara Radke
Responds QuicklyKeller Williams Westlake Village
(833) 641-9949
116 Total Sales
1 in Playa Del Rey
$806,000 Price
-
Kevin Da Silva
Kevin Da Silva
eXp Realty of Greater Los Angeles, Inc.
(424) 372-0894
98 Total Sales
1 in Playa Del Rey
$885,000 Price
-
Richelle Redivo
Richelle Redivo
First Team Real Estate
(949) 822-9269
37 Total Sales
1 in Playa Del Rey
$970,000 Price
-
Simon Polito
Simon Polito
Element RE inc
(858) 295-7179
13 Total Sales
1 in Playa Del Rey
$790,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $3,800,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,780,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $550,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2020 01/13/20 | Sold | $3,800,000 | -10.6% | $360 / Sq Ft |
| 09/23/2019 09/23/19 | Price Changed | $4,250,000 | -5.6% | $403 / Sq Ft |
| 09/05/2019 09/05/19 | For Sale | $4,500,000 | -- | $426 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $51,151 | $4,155,853 | $2,515,385 | $1,640,468 |
| 2024 | $50,520 | $4,074,366 | $2,466,064 | $1,608,302 |
| 2023 | $37,626 | $3,000,000 | $1,800,000 | $1,200,000 |
| 2022 | $47,277 | $3,916,154 | $2,370,304 | $1,545,850 |
| 2021 | $46,671 | $3,839,368 | $2,323,828 | $1,515,540 |
| 2020 | $48,068 | $3,876,850 | $2,601,000 | $1,275,850 |
| 2019 | $7,244 | $485,630 | $135,510 | $350,120 |
| 2018 | $7,115 | $476,125 | $132,853 | $343,272 |
| 2016 | $6,671 | $456,822 | $127,696 | $329,126 |
| 2015 | $6,591 | $449,961 | $125,778 | $324,183 |
| 2014 | $6,679 | $441,148 | $123,315 | $317,833 |
Source: Public Records
Agents Affiliated with this Home
-
David Holstein
Seller's Agent in 2020
David Holstein
The Holstein Group
(310) 891-3339
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19212659
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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