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

Sale Details

Date 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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