NOT LISTED FOR SALE

Estimated Value: $1,931,000 - $2,160,692

5 Beds
4 Baths
2,938 Sq Ft
$703/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $1,200,000 $408 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,035/month

47 Days on Market

Highlights

  • 2 Attached Carport Spaces
  • Central Heating
  • Carpet
  • Linwood E. Howe Elementary School Rated A-

About This Home

As of January 2016

HUGE 16% PRICE REDUCTION. Sellers are motivated. Extraordinary opportunity to own side by side duplexes in an A+ neighborhood of Culver City. No rent control in Culver City. Duplexes of 9048 and 9050 Carson are owned by same family for decades. Both units are rented drastically below current market rental prices. Properties are located a block from the SONY studios, and walking distance to some of the best restaurants and entertainment in the booming, hip neighborhood of downtown Culver City. Also walking distance to the Metro Line. Each duplex is 2+2 in front, 3+2 in back. Back units use 2 car garages, front units use side driveway parking. There is a washer/ dryer laundry room in each. Owner pays for water. Expenses listed are monthly and up to date. Please do not disturb occupants.

Last Agent to Sell the Property

Robert Glinert

Keller Williams Los Angeles License #01254216 Listed on: 10/19/2015

Keller Williams Los Angeles

Last Buyer's Agent

Stephanie Lakatosh

Keller Williams Coastal Prop. License #01918326

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,377

Year Built

  • Built in 1964

Lot Details

  • 5,943

Parking

  • 2 Car Garage
  • 2 Attached Carport Spaces

Interior Spaces

  • 2,938 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,943 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4206-009-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,377

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2938
  • Probate: No
  • Year Built: 1964
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Bedrooms: 5
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 425.12

Exterior Features

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

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport Attached, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 78107
  • Assessed Land Value: 38735
  • Assessor Parcel Number: 4206-009-004
  • Geocode Override: No
  • Lot Size Area: 5943

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 25.60
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 10
  • Type Of Units: apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 28, 2015
Sold by
Sullivan Sharon L
Bought by
9050 Carson Street Llc
Seller's Agent
Robert Glinert
Keller Williams Los Angeles
Buyer's Agent
Stephanie Lakatosh
Keller Williams Coastal Prop.
List Price
$1,495,000
Sold Price
$1,200,000
Premium/Discount to List
-$295,000
-19.73%
Current Estimated Value
$2,101,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901,205
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Mar 21, 2000
Sold by
Sullivan Sharon L Tr Sullivan Trust
Bought by
Sullivan Sharon L and Sullivan Trust

Purchase Details

Closed on
Nov 16, 1994
Sold by
Sullivan R D
Bought by
Sullivan R D and Sullivan Sharon L
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
9050 Carson Street Llc $1,200,000 Fidelity National Title Co
Sullivan Sharon L -- --
Sullivan R D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $1,200,000 -19.7% $408 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $1,495,000 -- $509 / 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 $18,377 $1,420,550 $1,065,414 $355,136
2024 $18,377 $1,392,697 $1,044,524 $348,173
2023 $17,683 $1,365,391 $1,024,044 $341,347
2022 $16,775 $1,338,619 $1,003,965 $334,654
2021 $16,679 $1,312,373 $984,280 $328,093
2019 $15,990 $1,273,449 $955,087 $318,362
2018 $15,787 $1,248,480 $936,360 $312,120
2016 $2,887 $118,623 $39,325 $79,298
2015 $2,890 $116,842 $38,735 $78,107
2014 $2,934 $114,554 $37,977 $76,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-951313

The MLS

APN: 4206-009-004