NOT LISTED FOR SALE

8723 Pershing Dr Playa Del Rey, CA 90293

Estimated Value: $1,423,000 - $1,899,000

3 Beds
2 Baths
1,491 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $850,000 $570 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,663/month

10 Days on Market

About This Home

As of November 2013

Do not disturb occupants. Perfect owner/user opportunity.Two unit building just 4 blocks to the beach. Front unit is two bedrooms, 1 bath; Bright white kitchen;Wood floors throughout out;Living room has vaulted ceilings,fireplace,sliding doors to private fenced patio; Fenced front yard;Private laundry;Stove,refrigerator,washer/dryer provided.One bedroom,1 bath; Stove,refrigerator,Indoor laundry; Refrigerator, washer/dryer provided. Wood floors throughout; Sliding door to private fenced patio.

Last Agent to Sell the Property

Jane St. John

Estate Properties License #00998927 Listed on: 08/21/2013

Estate Properties

Last Buyer's Agent

Kaaren Kurtzman

Compass License #00916566

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,561

Year Built

  • Built in 1955

Lot Details

  • 5,103

Home Design

  • Duplex

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • On-Street Parking

Additional Features

  • 5,103 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4117-030-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,561

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1491
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 556.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, On street
  • Total Parking: 2

Utilities

  • Electric Expense: 700.00
  • Heating: Wall
  • Water Expense: 1200.00

Fee Information

  • Gas Expense: 300.00
  • Maintenance Expense: 300.00

Lot Info

  • Assessed Improvement Value: 341900
  • Assessed Land Value: 142755
  • Assessor Parcel Number: 4117-030-025
  • Geocode Override: No
  • Lot Size Area: 5103

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 2
  • Rent Control: 50
  • Total Annual Expense: 8800
  • Type Of Units: Duplex
  • Vacancy Rate: 50

Tax Info

  • Tax Expense: 6300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Measer David and Measer Dorothy
Bought by
Measer David and Measer Dorothy
Current Estimated Value
$1,581,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Outstanding Balance
$645,799
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$949,594

Purchase Details

Closed on
Mar 6, 2020
Sold by
Measer David S and Measer David
Bought by
Measer David S and Measer Dorothy Kersman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2017
Sold by
Measer David
Bought by
Measer David S and Measer Dorothy Kersman

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 5, 2013
Sold by
Simons Rebecca
Bought by
Measer David and Measer Dorothy Kersman
Seller's Agent
Jane St. John
Estate Properties
Buyer's Agent
Kaaren Kurtzman
Compass
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$533,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2001
Sold by
Friedman Harvey R
Bought by
Simons Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%

Purchase Details

Closed on
Jan 9, 2001
Sold by
Friedman Harvey R
Bought by
Friedman Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Friedman Harvey R
Bought by
Friedman Douglas W

Purchase Details

Closed on
Mar 20, 2000
Sold by
Friedman Harvey R
Bought by
Friedman Harvey R and Harvey R Friedman Trust Of 1987

Purchase Details

Closed on
Jul 23, 1999
Sold by
Friedman Harvey R
Bought by
Friedman Harvey R and Harvey R Friedman Trust Of 1987

Purchase Details

Closed on
Apr 26, 1999
Sold by
Iimura Keiko
Bought by
Tracey Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Tracey Mark E
Bought by
Friedman Harvey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 23, 1994
Sold by
California Federal Bank Fsb
Bought by
Tracey Mark E and Tracey Sandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 1993
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank
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
Measer David -- Stewart Title Company
Measer David S -- Priority Title
Measer David S -- Priority Title
Measer David S -- Priority Title
Measer David S -- None Available
Measer David $850,000 Fidelity National Title Co
Simons Rebecca $404,000 First American Title Co
Friedman Douglas W -- --
Friedman Douglas W -- --
Friedman Harvey R -- --
Friedman Harvey R -- --
Tracey Mark E -- First American Title Co
Friedman Harvey R $332,500 First American Title Co
Tracey Mark E $249,000 Southern California Title Co
California Federal Bank $350,520 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Measer David $716,000
Closed Measer David S $700,000
Previous Owner Measer David $533,000
Previous Owner Simons Rebecca $400,000
Previous Owner Simons Rebecca $175,000
Previous Owner Simons Rebecca $196,000
Previous Owner Simons Rebecca $200,000
Previous Owner Friedman Harvey R $175,000
Previous Owner Tracey Mark E $224,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $850,000 +2.5% $570 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $829,000 -- $556 / 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 $12,561 $1,041,974 $625,184 $416,790
2024 $12,561 $1,021,544 $612,926 $408,618
2023 $12,321 $1,001,514 $600,908 $400,606
2022 $11,752 $981,877 $589,126 $392,751
2021 $11,607 $962,625 $577,575 $385,050
2020 $11,726 $952,755 $571,653 $381,102
2019 $11,261 $934,075 $560,445 $373,630
2018 $11,176 $915,760 $549,456 $366,304
2017 $10,934 $897,805 $538,683 $359,122
2016 $10,691 $880,202 $528,121 $352,081
2015 $10,535 $866,982 $520,189 $346,793
2014 $10,577 $850,000 $510,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-697099

The MLS

APN: 4117-030-025