NOT LISTED FOR SALE
16 Beds
14 Baths
7,936 Sq Ft
7,004 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $3,600,000 $454 Per Sq Ft

10 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Laundry Room
  • Palms Middle School Rated A-
  • Built-In Features
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Great Palms area 8 unit building. Shows real pride of ownership by a long time owner. Within easy walking distance to downtown Culver City. Large units. There are 6 2Bed. 2Ba. + 2 1Bed.+den 1 Ba. units. Within the last 3-4 years seller has replaced the roof, replaced all a/c units, fumigated the building, and many other major repairs. Only 1 apartment is on a lease, remaining 7 are month to month. Please do not disturb the tenants. Seller owns common area washer / dryer. Seller will not be doing an exchange.

Last Agent to Sell the Property

Jay Messick

Cavanaugh Realtors License #00684754 Listed on: 07/12/2021

Last Buyer's Agent

Rob Renshaw

REMAX COMMERCIAL & INVESTMENT REALTY License #01332831

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,004 Sq Ft Lot
  • Gated Home

Parking

  • 14 Car Garage
  • Parking Garage Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,936 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 4313-013-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

7,004 Sq Ft Lot

Parking

14

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Living Area: 7936
  • Lot Acreage: 0.1608
  • Probate: No
  • Stories: 2
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Bedrooms: 16
  • Common Walls: Attached
  • Laundry: Room, Laundry Area, Garage
  • Laundry Equipment: Own
  • Total Bathrooms: 14.00
  • Equipment: Dishwasher, Garbage Disposal, Cable, Built-Ins
  • Price Per S Q F T: 466.23

Exterior Features

  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 14
  • Parking Garage: Community Garage
  • Total Parking: 14

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central, Electric
  • Heating: Forced Air
  • Security: Gated
  • Water Heaters: No

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 972920
  • Assessed Land Percent: 40
  • Assessed Land Value: 648606
  • Total Assessed Value: 1621526
  • Assessor Parcel Number: 4313-013-022
  • Lot Size Area: 7004

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 8
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $3,600,000 -2.7% $454 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $3,700,000 -- $466 / Sq Ft
Source: The MLS

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 $46,752 $3,820,348 $3,024,442 $795,906
2024 $46,219 $3,745,440 $2,965,140 $780,300
2023 $45,330 $3,672,000 $2,907,000 $765,000
2022 $43,239 $3,600,000 $2,850,000 $750,000
2021 $20,471 $1,638,324 $655,325 $982,999
2019 $19,534 $1,589,733 $635,889 $953,844
2018 $19,398 $1,558,563 $623,421 $935,142
2016 $18,493 $1,498,044 $599,214 $898,830
2015 $18,227 $1,475,543 $590,214 $885,329
2014 $18,329 $1,446,640 $578,653 $867,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-760220

The MLS
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