3820 Overland Ave Culver City, CA 90232

$4,975,000 Sold Price as of 12/03/2019

6 Beds
12 Baths
4,920 Sq.Ft.

Off Market

$4,975,000 Sold Price as of 12/03/2019 Refinance Your Mortgage

Map preview of 3820 Overland Ave, Culver City, CA 90232

Property Overview: 3820 Overland Ave Culver City, CA has 6 bedrooms, 12 bathrooms, 4,920 living square feet and 6,159 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3820 Overland Ave is currently an off market home in the city of Culver City. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Culver City has a median list price of $998,000. The median price per/sqft for Culver City is $748. With those numbers in mind, if you are looking to purchase a median priced home in Culver City, CA and put 20% down you will need to save up $199,600 for the down payment and will need roughly $19,960 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Culver City the commission could be as much as $61,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3820 Overland Ave

Last sold for $4,975,000 on December 3rd, 2019

December, 2019
Dec 4, 2019

Date

Sold

CRMLS: SB18281579

$4,975,000

Price
Aug 2, 2019

Date

Active Under Contract

CRMLS: SB18281579

$4,975,000

Price
Jul 16, 2019

Date

Price Change

CRMLS: SB18281579

$4,975,000

Price
Mar 27, 2019

Date

Price Change

CRMLS: SB18281579

$5,750,000

Price
Nov 29, 2018

Date

Active

CRMLS: SB18281579

$6,150,000

Price
Listing provided courtesy of CRMLS

Here is a fantastic development opportunity near downtown Culver City with proximity to many restaurants, film production studios, entertainment and the Metro Line. This property is approximately 1.2 miles from either the Culver City Station or the Palms Station of the Metro Line. Google Maps says its a 15 minute walk to the Culver Station. The property boasts a Walk Score of 94! Zimas shows the property to be a Tier 3 Transit Oriented Community (TOC) but buyer is advised to verify with the City of Los Angeles. There is significant new construction currently under development in very close proximity to this asset. Value is in the land! This property 3820 Overland Ave. (APN# 4208-009-061) is being sold together with the adjacent property at 3824 Overland Ave. (APN# 4208-009-062). Combined the two parcels total approximately 11,364 square feet and the two buildings total approximately 14,760 square feet. Zoning is LAR3 and there are 12 on-site parking spaces. Currently there are 24 rent controlled units in two buildings with eleven single and thirteen one-bedroom units. All information is deemed to be reliable but buyer and buyer's agent are responsible for verifying all information given.

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December, 2019
Dec 3, 2019

Date

Sold (Public Records)

Public Records

$4,975,000

Price
April, 2018
Apr 4, 2018

Date

Expired

CRMLS: SB18006902

$4,950,000

Price
Jan 11, 2018

Date

Active

CRMLS: SB18006902

$4,950,000

Price
Listing provided courtesy of CRMLS

Fantastic multifamily investment opportunity near Downtown Culver City with proximity to many restaurants, film production studios, entertainment and the Metro Line. This property boasts a Walk Score of 94! There are a total of 24 units, in two buildings, with eleven studio and thirteen one-bedroom units. This is a rent-controlled asset with upside in the rents. There are two community laundry rooms 3820 Overland Ave. (APN# 4208-009-061) is being offered for sale together with the adjacent property at 3824 Overland Ave. (APN# 4208-009-062). Combined, the lot size is approximately 10,820 square feet. Combined, the two buildings are approximately 9,840 square feet. Zoning is LAR3 and there are 12 on-site parking spaces with street parking available.

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April, 2017
Apr 13, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3820 Overland Ave

Assessed Value (2020): $2,487,500

Year	Land Value	Improved Value	Assessed Value
2020	$1,687,500	$800,000	$2,487,500

About 3820 Overland Ave

Detailed summary of property

3820 Overland Ave is categorized with a use code of Apartment House (5+ Units) in Culver City, CA 90232 and last sold on December 3, 2019 for $4,975,000. This property has 6 bedrooms, 12 bathrooms, roughly 4,920 living square feet, and sits on an approximately 6,159 square foot lot. Homes in Culver City are selling for a median price of $1,220,000 and a median price per square foot of $713. Based on Ardent Real Estate Group's Culver City Market Data, this home is sold 307.79% higher than the current median priced home. 3820 Overland Ave was last sold on December 3, 2019 for $4,975,000. Local nearby listings include 3625 Tilden Ave, 10980 Palms Blvd #1 and 3640 Cardiff Ave #109. The average home in Culver City, CA is selling in 84 days. There are currently 132 homes for sale in the Culver City real estate market and 60 of them are single family homes while 61 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 3820 Overland Ave Culver City, CA 90232 contact Ardent Real Estate Group and we will put you in touch with one of our Culver City agents.

Public Facts for 3820 Overland Ave

Public county record property details

Beds: 6
Baths: 12
Year built: 1958
Sq. Ft.: 4,920
Lot Size: 6,159
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 4208-009-061

The source for these homes facts are from public records.

90232 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,699,999

Median List Price/Sq.Ft.

$1,032

Median Sold Price

$1,800,000

Median Sold Price/Sq.Ft.

$964

Total Inventory

Median Sale to List Price %

92.36%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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