$2,249,500
PENDING $226K PRICE DROP

Estimated payment $14,184/month

Total Views 2,859
9 Beds
8 Baths
5,542 Sq Ft
$406 Price per Sq Ft

Highlights

  • Auto Driveway Gate
  • Gated Community
  • Multi-Level Bedroom
  • Clover Avenue Elementary School Rated A
  • Dual Staircase
  • Contemporary Architecture

About This Home

**REDUCED! GREAT NEW PRICE **$2,249,500.00** NEWER FOUR-PLEX FOR SALE* 4 LARGE TOWN-HOMES BUILT 2001* *2 AND 3 STORY UNITS, SECURE LIGHTED BUILDING W/GATED PARKING, VIDEO SURVEILLANCE CAMERAS, A/C, HEAT, VAULTED CEILINGS, SUNNY BRIGHT DUAL PANE WINDOWS, GRANITE COUNTER-TOPS WITH NEWER APPLIANCES, GAS OVENS & STOVES, REFRIGERATOR/ FREEZERS WITH WATER AND ICE DISPENSERS AND WASHERS AND DRYERS IN UNITS COMPLETE WITH SUNNY BALCONIES.**** APT NO.1. LARGE VACANT 3 STORY OWNER'S UNIT WITH 1,600 S.F. - 3+2. **** APT NO. 2 LARGE VACANT 3 STORY WITH 1,218 S.F. UNIT - 2+2+LOFT. **** APT NO. 3 LARGE RENTED 2 STORY WITH 1,032 S.F. UNIT - 2BR+2BA. **** APT NO. 4 LARGE RENTED 2 STORY WITH 1,138 S.F. UNIT - 2BR+2BA. **** UNIT 3 & UNIT 4 ARE CURRENTLY RENTED MONTH TO MONTH. **** MONTHLY SCHEDULED GROSS INC $15,583.00 ** ANN. SCHEDULE GROSS INC $186,996.00 (12.2 TIMES) GROSS INC ****

Listing Agent

Craig Brick

BHRG License #00833487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,839

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 4,900 Sq Ft Lot
  • End Unit
  • East Facing Home
  • Gated Home
  • Landscaped
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Front and Side Yard Sprinklers
  • Lawn

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Combination Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,542 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Built-In Features
  • Cathedral Ceiling
  • Track Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Courtyard Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Multi-Level Bedroom
  • Walk-In Closet
  • 8 Bathrooms
  • Granite Bathroom Countertops
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Car Garage
  • Attached Carport
  • Parking Storage or Cabinetry
  • Private Parking
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • Unassigned Parking
  • Controlled Entrance

Outdoor Features

  • Living Room Balcony
  • Outdoor Gas Grill
  • Rain Gutters
  • Front Porch

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • The owner pays for electricity, water, gardener
  • Assessor Parcel Number 4256-012-015

Community Details

Overview

  • Association fees include water
  • 4 Units
  • Owner Managed Association

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community

Additional Features

  • Community Mailbox
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,839

Year Built

Built in 2001 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Multi/Split, Three Or More, Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: **REDUCED! LET'S DO IT! **GREAT NEW PRICE! $2,249,500.00** THIS IS A BEAUTIFUL NEWER FOUR PLEX BUILDING "FOR SALE." *BUILT IN 2001* TWO OF THE FOUR UNITS ARE VACANT - UNIT NO.1, A LARGE THREE-STORY, 1,600 S.F. OWNERS UNIT THAT HAS THREE (3) BEDROOMS & TWO (2) BATHROOMS. UNIT NO. 2, A LARGE THREE-STORY, 1,218 S.F. UNIT THAT HAS TWO (2) BEDROOMS PLUS A LOFT AND TWO (2) BATHROOMS. *THE REMAINING UNITS, NO. 3. AND NO. 4. ARE RENTED MONTH TO MONTH. EACH HAVE TWO (2) BEDROOM AND TWO BATHROOMS. ** THE PROPERTY WILL BE OPEN ON SUNDAY MARCH 30TH, 2025 FROM 1:30 PM UNTIL 4:00 PM ** IT CAN ALSO BE SHOWN BY APPOINTMENT. FEEL FREE TO TEXT OR CALL CRAIG A. BRICK AT (310) 275-1908 OR USE OUR VOICE ONLY TELEPHONE LINE AT (818) 995-1908.
  • Alley: No
  • Building Permit: Yes
  • Complex Name: CONTACT LISTING AGENT
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Exclusions: None.
  • Living Area: 5542
  • Lot Acreage: 0.1125
  • Probate: No
  • Property Condition: Updated/Remodeled, No Additions/Alter
  • Stories: 3
  • Year Built: 2001
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Cathedral-Vaulted Ceilings, Common Walls, Drywall Walls, Intercom, Laundry - Closet Stacked, Living Room Balcony, Track Lighting
  • Number Carpet: 0
  • Number Dishwasher: 4
  • Number Disposal: 4
  • Number Drapes: 0
  • Number Range: 4
  • Number Refrigerator: 4
  • Fireplace Rooms: Living Room, Gas Starter
  • Flooring: Laminate, Mixed, Porcelain, Wood Laminate
  • Appliances: Built-In And Free Standing, Built-In Gas, Built-Ins, Cooktop - Gas, Gas Grill, Oven-Gas
  • Bedrooms: 9
  • Bedroom Features: 2 Primary Bedrooms, Multi-Level Bedroom, Primary Bedroom, WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Granite, Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Counter Top
  • Laundry: In Unit, In Closet, Inside, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Antenna, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Freezer, Gas Dryer Hookup, Hood Fan, Ice Maker, Intercom, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Inclusions: 4 LRG TOWNHOMES, 2 & 3 STORY UNTS, SECURE BUILDING W/GATED PARKNG, A/C, VAULTED CEILINGS, SUNNY BRIGHT DUAL PANE WNDWS, GRANITE COUNTER-TOPS, NEWER APPLIANCES, GAS OVEN/STOVES, REFR/FREEZ W/WATER/ICE DISPNSR, WASHR/DRYER IN EACH UNT, PRIV. BALCONIES.
  • Price Per S Q F T: 405.90
  • Windows: Double Pane Windows, Mini Blinds, Window Blinds, Screens, Custom Window Covering

Exterior Features

  • Direction Faces: East
  • Construction: Hard Coat, Stucco
  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+), Full Copper Plumbing, Rain Gutters, Slab, Energy Efficient
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Combination
  • Number Patio: 4
  • Patio: Balcony, Living Room Balcony, Covered, Porch - Front
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Walk Street, Courtyard
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 4
  • Number Rented Garages: 0
  • Parking Garage: Auto Driveway Gate, Built-In Storage, Carport Attached, Controlled Entrance, Door Opener, Driveway - Combination, Driveway Gate, Gated, Private, Tandem, Unassigned
  • Total Parking: 8

Utilities

  • TV Svcs: Cable TV
  • Water District: L.A. DWP
  • Water Heater: Gas, Water Heater Unit
  • Cooling: Air Conditioning, Central, Electric, Gas
  • Electric Expense: 3321.00
  • Heating: Central, Natural Gas, Forced Air
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 0
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated, Smoke Detector, Exterior Security Lights
  • Sewer: In Connected and Paid
  • Water: Public, District
  • Water Expense: 1200.00
  • Water Heaters: Yes

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Controlled Access, Gated Community, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Fees Include: Water
  • Management Company: Owner managed

Fee Information

  • Insurance Expense: 5824.00
  • Maintenance Expense: 7196.00

Schools

  • School District: Palos Verdes / LAUSD - Inquire

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Front, Side
  • Additions Alterations: No
  • Assessed Improvement Percent: 47.92
  • Assessed Improvement Value: 769434
  • Assessed Land Percent: 52.08
  • Assessed Land Value: 836344
  • Total Assessed Value: 1605778
  • Assessor Parcel Number: 4256-012-015
  • Lot Description: Automatic Gate, Front Yard, Gutters, Landscaped, Lawn, Exterior Security Lights, Curbs, Corners Established, Lot-Level/Flat, Sidewalks, Storm Drains, Street Paved, Street Lighting, Fenced
  • Lot Location: City
  • Lot Size Area: 4900

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 6228.00
  • Land Lease Type: Fee
  • Monthly Gross Income: 15583.00
  • Owner Pays: Electricity, Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.03
  • Gross Scheduled Income: 186996.00
  • Gross Spendable Income: 186996.00
  • Number Of Units: 4
  • Number Wall A C: 0
  • Total Annual Expense: 40736.00
  • Type Of Units: Townhomes
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: UNT 1&2

Tax Info

  • Tax Expense: 19838.00
  • Tax Total: 19838.63
  • Tax Rate Year: 2025

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $19,839 $1,605,778 $836,344 $769,434
2023 $19,460 $1,574,294 $819,946 $754,348
2022 $18,562 $1,543,426 $803,869 $739,557
2021 $18,310 $1,513,163 $788,107 $725,056
2019 $17,764 $1,468,283 $764,732 $703,551
2018 $17,681 $1,439,494 $749,738 $689,756
2016 $16,871 $1,383,599 $720,626 $662,973
2015 $16,626 $1,362,817 $709,802 $653,015
2014 $16,695 $1,336,122 $695,898 $640,224
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $2,249,500 -5.0% $406 / Sq Ft
03/07/2025 03/07/25 Price Changed $2,369,000 -4.3% $427 / Sq Ft
02/14/2025 02/14/25 For Sale $2,475,000 -- $447 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- --
Grant Deed -- Fidelity National Title Co
Quit Claim Deed -- --
Grant Deed $1,152,000 Provident Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Coast Title
Grant Deed $269,000 Progressive Title Company
Interfamily Deed Transfer -- Landsafe Title
Grant Deed $163,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,175,000 New Conventional
Closed $801,950 New Conventional
Closed $822,500 New Conventional
Closed $999,950 Fannie Mae Freddie Mac
Previous Owner $806,400 Purchase Money Mortgage
Previous Owner $45,000 Seller Take Back
Previous Owner $578,150 No Value Available
Previous Owner $192,500 No Value Available
Previous Owner $25,000 Unknown
Previous Owner $146,700 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25498179

The MLS

APN: 4256-012-015