NOT LISTED FOR SALE

9031 Hubbard St Culver City, CA 90232

Estimated Value: $1,408,000 - $2,416,288

3 Beds
3 Baths
2,041 Sq Ft
$941/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $899,000 $440 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,416/month

8 Days on Market

Highlights

  • Mediterranean Architecture
  • Linwood E. Howe Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2012

Rare investment opportunity. Pride of ownership Mediterranean Tri-Plex quietly tucked away on a superior street close to all of what Culver City has to offer. Easy access to all restaurants, theaters, and shops that make charming Culver City a wonderful place to live and invest in. This triplex is comprised of a duplex and each unit has 1 bed + 1 bath and a freestanding house with 1 bed and 1 bath. Gardens and courtyards surround the property while the house has a huge and lovely backyard like no other rental. + a large bonus area off living room. All units have their own laundry and are on separate gas/electric meters. Ample storage procured for each unit. This is one of the best opportunities around for an Investor or Owner-User property. All units are currently leased at market rate. PLEASE SEE PRIVATE REMARKS

Last Agent to Sell the Property

Kennon Earl

Compass License #01394743 Listed on: 02/02/2012

Compass

Co-Listed By

Sophie McLean

Compass License #01793692

Last Buyer's Agent

Diana Tangalakis

Cavanaugh Realtors License #01813820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,087

Year Built

  • Built in 1924

Lot Details

  • 7,858

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Mediterranean Architecture

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Laundry

  • Dryer
  • Washer

Additional Features

  • 7,858 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4206-018-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,087

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 2041
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dryer, Range/Oven, Washer
  • Price Per S Q F T: 453.21

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 1

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 74564
  • Assessed Land Value: 321210
  • Assessor Parcel Number: 4206-018-022
  • Lot Size Area: 7858

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Feb 14, 2012
Sold by
9031-9033 Hubbard Street Llc
Bought by
Watkins Stephen K and Watkins Aviva D
Seller's Agent
Kennon Earl
Compass
Buyer's Agent
Diana Tangalakis
Cavanaugh Realtors
List Price
$925,000
Sold Price
$899,000
Premium/Discount to List
-$26,000
-2.81%
Current Estimated Value
$1,921,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,072
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Barnard Michael and Gotlib Jillian
Bought by
9031-9033 Hubbard Street Llc

Purchase Details

Closed on
Oct 4, 2005
Sold by
9031-9033 Hubbard Street Llc
Bought by
Barnard Michael and Gotlib Jillian

Purchase Details

Closed on
Jun 7, 2004
Sold by
Gotlib Jillian and Barnard Gotlib Family Trust
Bought by
9031-9033 Hubbard Street Llc

Purchase Details

Closed on
Jun 18, 2003
Sold by
Barnard Michael and Gotlib Jillian
Bought by
Gotlib Jillian and Barnard Gotlib Family Trust

Purchase Details

Closed on
Feb 13, 2003
Sold by
Barnard Michael and Gotlib Jillian
Bought by
Barnard Michael and Gotlib Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
5.89%

Purchase Details

Closed on
Apr 3, 2002
Sold by
Gotlib Jillian and Barnard Michael W
Bought by
Barnard Michael and Gotlib Jillian

Purchase Details

Closed on
Aug 23, 2001
Sold by
Heller Rebecca and The Royer Family Trust
Bought by
Barnard Michael and Gotlib Jullian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 12, 2001
Sold by
Royer Ralph I
Bought by
Royar Lawrence M and Royer Family Trust

Purchase Details

Closed on
Feb 6, 2001
Sold by
Kaff Geraldine Royer
Bought by
Royer Lawrence M and Royer Family Trust

Purchase Details

Closed on
Feb 5, 2001
Sold by
Royer Owen R
Bought by
Royer Lawrence M and Royer Family Trust

Purchase Details

Closed on
Feb 2, 2001
Sold by
Andrews Maxine Royer
Bought by
Royer Lawrence M and Royer Family 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
Watkins Stephen K $899,000 Fidelity Van Nuys
9031-9033 Hubbard Street Llc -- --
Barnard Michael -- --
9031-9033 Hubbard Street Llc -- --
Gotlib Jillian -- --
Barnard Michael -- First American Title Co
Barnard Michael -- First American Title Co
Barnard Michael -- --
Barnard Michael $345,000 Southland Title Corporation
Royar Lawrence M -- Southland Title
Royer Lawrence M -- Southland Title
Royer Lawrence M -- Southland Title
Royer Lawrence M -- Southland Title
Royer Lawrence M -- Southland Title
Royer Lawrence M -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnard Michael $381,000
Previous Owner Barnard Michael $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $899,000 -2.8% $440 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $925,000 -- $453 / 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 $16,087 $1,129,182 $791,311 $337,871
2024 $16,087 $1,107,043 $775,796 $331,247
2023 $15,502 $1,085,337 $760,585 $324,752
2022 $14,728 $1,064,057 $745,672 $318,385
2021 $14,583 $1,043,194 $731,051 $312,143
2020 $14,236 $1,032,498 $723,555 $308,943
2019 $13,905 $1,012,254 $709,368 $302,886
2018 $13,663 $992,407 $695,459 $296,948
2016 $12,688 $953,872 $668,454 $285,418
2015 $12,590 $939,545 $658,414 $281,131
2014 $12,495 $921,142 $645,517 $275,625
Source: Public Records

Agents Affiliated with this Home

  • Kennon Earl

    Seller's Agent in 2012

    Kennon Earl

    Compass

    (310) 432-6492

    1 in this area

    66 Total Sales

    Kennon Earl
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Sophie McLean

    Compass

  • Diana Tangalakis

    Buyer's Agent in 2012

    Diana Tangalakis

    Cavanaugh Realtors

    (310) 837-7161

    7 in this area

    9 Total Sales

    Diana Tangalakis
    Section Image
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Map

Source: The MLS

MLS Number: 12-579427

The MLS

APN: 4206-018-022

California Los Angeles County Culver City 90232

9031 Hubbard St, Culver City, CA

This home is located at 9031 Hubbard St, Culver City, CA 90232 since 02 February 2012 and is currently estimated at $1,921,072, approximately $941 per square foot. This property was built in 1924. 9031 Hubbard St is a home located in Los Angeles County with nearby schools including Linwood E. Howe Elementary School, Culver City Middle School, and Culver City High School.

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