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12 Lighthouse Street

12 Lighthouse Street, Marina Del Rey, CA 90292
Property in Marina Peninsula
Sold Jun 24, 2022
$3,166,000
Sold Jun 18, 2021
$2,700,000
$2,025,000 by Platinum Business Management
Mortgage
12 Lighthouse Street in Marina Del Rey, CA was first built in 1969 and is 55 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 12 Lighthouse Street has 4,553 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,146 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 Lighthouse Street was last sold in Jun 22, 2022 for $3,166,000. According to our calculations, that's $695.37 per sqft. Prior to that sales transaction, the property was sold for $2,700,000 in May 10, 2021. Current property owners are expected to pay $39,198 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 12 Lighthouse Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,229,320. To break that down further, the land itself was valued at $2,856,000. While improvements to the property were assessed at a total of $373,320. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,146
  • Total Building Area: 4,553
  • Gross Building Area: 3,713
  • Building Area: 4,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,553
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN STRAND
  • Land Acres: 0.072
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: OCEAN STRAND TRACT LOT/SEC 6 BLK/DIV/TWN J

Ownership

  • Current Owner : FAKHRIYAZDI FARSHAD
  • Current Owner 2: FAKHRIYAZDI MEHRNOUSH
  • Previous Owner : SJ CLAN PROPERTIES
  • Owner Before Previous Owner: DUGE ZEKE
  • Owner Before Previous Owner 2: DUGE KARL D
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 274202

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 49-C6
  • Parcel: 4294-002-011
  • Block: J
  • Lot: 6
  • Municipality: WEST /VENICE RES INC
  • Latitude: 33.9728
  • Longitude: -118.461

    Address

  • Full Address: 12 Lighthouse St
  • Address - House Number: 12
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: St
  • State: CA
  • City Name: Marina Del Rey
  • Carrier Code: C045
  • 4-Digit Zip Code: 5999
  • Zip Code: 90292

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $39,198
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 3,524,847
  • High Value: 4,321,224
  • Low Value: 2,728,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,229,320
  • Assessed Land Value: $2,856,000
  • Assessed Improvements Value: $373,320

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11890767977
  • Current Sale Price: $3,166,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 663996
  • Previous Sale Recording Date: Jun 18, 2021
  • Previous Sale Contract Date: May 10, 2021
  • Previous Sale Amount: $2,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jun 24, 2022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM BUSINESS MANAGEMENT
  • Previous Mortgage Transaction Date: Jun 18, 2021
  • Previous Mortgage Loan Amount: $2,025,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 12 Lighthouse Street located in?
The 12 Lighthouse Street is a located in the neighborhood of Marina Peninsula in West Los Angeles, Marina Del Rey.
What is the average sales price for listings in 12 Lighthouse Street?
The average sales price for units in 12 Lighthouse Street is $0 currently.

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