$4,000,000

8420 Gulana Ave Playa Del Rey, CA 90293

Estimated payment $23,276/month

Total Views 1,670
7 Beds
4 Baths
3,193 Sq Ft
$1,253 Price per Sq Ft

About This Home

Two beautiful well-maintained properties being sold together! Owner is motivated to sell! These properties have a great unit mix consisting of: two 3-bedroom units, three 2-bedroom units, two 1-bedroom units, and one studio! Combined approximately ~11,360 square foot of lot and approximately ~7,323 square foot of structure. This is a great investment opportunity due to its condition, layout, size, and upside rent potential.

Listing Agent

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 07/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,571

Year Built

  • Built in 1959

Interior Spaces

  • 3,193 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 5,597 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4115-024-005

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • Vacancy Allowance $6,447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,571

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3193
  • Lot Acreage: 0.1285
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 1252.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 29.98
  • Assessed Improvement Value: 574716
  • Assessed Land Percent: 70.02
  • Assessed Land Value: 1342116
  • Total Assessed Value: 1916832
  • Assessor Parcel Number: 4115-024-005
  • Lot Size Area: 5597

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.61
  • Number Of Units: 8
  • Total Annual Expense: 91000
  • Type Of Units: Varied
  • Vacancy Allow: 6447
  • Vacancy Rate: 0

Map

Range of Values:

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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

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 $23,571 $1,955,168 $1,368,958 $586,210
2024 $23,571 $1,916,832 $1,342,116 $574,716
2023 $48,535 $3,998,400 $2,399,040 $1,599,360
2022 $21,105 $1,757,115 $1,344,889 $412,226
2021 $20,794 $1,722,663 $1,318,519 $404,144
2019 $18,248 $1,507,859 $1,144,440 $363,419
2018 $18,149 $1,478,300 $1,122,000 $356,300
2016 $7,842 $622,403 $373,444 $248,959
2015 $7,732 $613,055 $367,835 $245,220
2014 $7,781 $601,047 $360,630 $240,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $4,000,000 +134.6% $1,253 / Sq Ft
07/30/2019 07/30/19 Sold $1,705,000 -4.7% $534 / Sq Ft
03/26/2019 03/26/19 For Sale $1,790,000 +23.5% $561 / Sq Ft
11/10/2016 11/10/16 Sold $1,449,000 -3.3% $454 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/31/2016 08/31/16 Price Changed $1,499,000 -4.8% $469 / Sq Ft
08/17/2016 08/17/16 Price Changed $1,575,000 -3.1% $493 / Sq Ft
08/01/2016 08/01/16 Price Changed $1,625,000 -3.0% $509 / Sq Ft
07/28/2016 07/28/16 For Sale $1,675,000 0.0% $525 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/06/2016 07/06/16 Price Changed $1,675,000 -2.9% $525 / Sq Ft
06/02/2016 06/02/16 For Sale $1,725,000 -- $540 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,920,000 North American Title
Grant Deed $1,705,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,449,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 Commercial
Previous Owner $1,086,750 New Conventional
Previous Owner $251,500 New Conventional
Previous Owner $251,500 New Conventional
Previous Owner $270,600 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25560719

The MLS

APN: 4115-024-005