NOT LISTED FOR SALE

Estimated Value: $1,899,266 - $2,005,000

4 Beds
3 Baths
2,500 Sq Ft
$777/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,890,738 $756 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,044/month

383 Days on Market

Highlights

  • Rear Porch
  • Floor Furnace
  • West Facing Home
  • John Muir Elementary School Rated A
  • 2 Car Garage
  • 3-minute walk to Los Amigos Park

About This Home

As of May 2024

Be the first to live in this newly renovated home.

The home features modern finishes, a private garden, gated entry, garage parking, and in-unit laundry.

*Air Conditioning - Mini split in each room.
* Quartz Countertops – Brand new stainless steel appliances, quartz countertops, and plenty of cabinet space.
*LG Washer/Dryer – Washer and dryer located inside the unit.
*Private Garden – Outdoor space for relaxation or small gatherings.
*Gated Property – Secure, gated entrance for added privacy.
*Garage – Private garage.
*Additional Parking – Extra parking for a second vehicle or guests.
*Pet-Friendly – Fury friends are welcome with a pet deposit.
*Bonus office space - Or you can use as a separate dining area.
*Prime Location – Just 6 blocks to the beach, walking distance coffeeshops, restaurants, bars and co-working spaces. Within 1 block of three different parks with tennis courts, a dog park and basketball court.
* Italian Tile – Italian tile in the bathroom.

Last Listed By

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 01/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,759

Year Built

  • Built in 1912

Lot Details

  • 5,643 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rear Porch

Utilities

  • Floor Furnace
  • Gas Water Heater

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4289-005-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,759

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: No
  • Living Area: 2500
  • Lot Acreage: 0.1295
  • Stories: 1
  • Year Built: 1912
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 798.00

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Porch - Rear
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace
  • Sewer: In Connected and Paid
  • Water Heaters: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 30.76
  • Assessed Improvement Value: 43519
  • Assessed Land Percent: 69.24
  • Assessed Land Value: 97944
  • Total Assessed Value: 141463
  • Assessor Parcel Number: 4289-005-041
  • Lot Size Area: 5643

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.64
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 28942
  • Type Of Units: .
  • Vacancy Rate: 2

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
May 24, 2024
Sold by
Thomas R Raichel Revocable 2005 Trust and Joyce Lynn Raichel Living Trust
Bought by
Janeen Morris Living Trust and Christian Perez Living Trust
Seller's Agent
William Dawson
Sullivan-Dituri Co.Realtors
Buyer's Agent
Raphael Barragan
Douglas Elliman
List Price
$1,995,000
Sold Price
$1,890,738
Premium/Discount to List
-$104,262
-5.23%
Total Days on Market
383
Views
249
Current Estimated Value
$1,941,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,579
Avg. Annual Appreciation
1.67%
Original Mortgage
$1,508,200
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Raichel Joyce L
Bought by
Raichel Joyce Lynn and The Joyce Lynn Raichel Living

Purchase Details

Closed on
Mar 8, 2005
Sold by
Raichel Thomas R
Bought by
Raichel Thomas R and Raichel Revocable 200 Thomas R

Range of Values:

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Average Value
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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
Janeen Morris Living Trust $1,885,500 Usa National Title
Raichel Joyce Lynn -- None Available
Raichel Thomas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janeen Morris Living Trust $1,800,000
Closed Janeen Morris Living Trust $1,508,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Off Market $5,495 -- --
12/06/2024 12/06/24 For Rent $5,495 0.0% --
05/31/2024 05/31/24 Sold $1,890,738 -5.2% $756 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $1,995,000 +5.5% $798 / Sq Ft
10/31/2023 10/31/23 Off Market $1,890,738 -- --
07/20/2023 07/20/23 Price Changed $1,995,000 -4.8% $798 / Sq Ft
03/30/2023 03/30/23 Price Changed $2,095,000 -1.4% $838 / Sq Ft
03/06/2023 03/06/23 For Sale $2,125,000 0.0% $850 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $2,125,000 -- $850 / 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
2024 $2,759 $147,176 $101,900 $45,276
2023 $2,216 $144,291 $99,902 $44,389
2022 $2,185 $141,463 $97,944 $43,519
2021 $2,112 $138,690 $96,024 $42,666
2019 $2,073 $134,578 $93,177 $41,401
2018 $1,866 $131,940 $91,350 $40,590
2016 $1,768 $126,818 $87,803 $39,015
2015 $1,744 $124,914 $86,485 $38,429
2014 $1,753 $122,468 $84,791 $37,677
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-230213

The MLS

APN: 4289-005-041