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3548 Schaefer Street

3548 Schaefer Street, Culver City, CA 90232
Multifamily in Lucerne-Higuera
Sold Nov 04, 2021
$2,425,000
$2,061,250 by Mrv Bank
Mortgage
Sold Apr 11, 2019
$1,425,000
3548 Schaefer Street in Culver City, CA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3548 Schaefer Street has 1,989 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. The linear feet across the front of the lot is 1,350 ft and the linear feet between the front and back of the lot is 400. In total, the area measurement of the land is 5,403 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. For those who need parking, there is a attached garage. There is one available parking space. 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 A. The condition of the building has been evaluated as fair. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3548 Schaefer Street was last sold in Oct 5, 2021 for $2,425,000. According to our calculations, that's $1,219.21 per sqft. Prior to that sales transaction, the property was sold for $1,425,000 in Mar 14, 2019. Current property owners are expected to pay $27,882 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 3548 Schaefer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,473,500. To break that down further, the land itself was valued at $2,167,500. While improvements to the property were assessed at a total of $306,000. 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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,403
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 1,989
  • Gross Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4161
  • Land Acres: 0.124
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 4161 LOT/SEC 328

Ownership

  • Current Owner : ELK REAL ESTATE ADVISORS INC
  • Previous Owner : WEHOWOOD PROPERTIES LLC
  • Owner Before Previous Owner: SEPULVEDA POLLY CORINE
  • Owner Before Previous Owner 2: SEPULVEDA FRANCISCO JAVIER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Culver City Unified School District
  • Census Tract: 702400

Zoning

  • Zoning: CCR2YY

Geography

  • Assessors Map Reference: 42-D6
  • Subdivision Tract Number: 4161
  • Parcel: 4206-002-016
  • Lot: 328
  • Municipality: WEST /BALDWIN/FOX HLS
  • Latitude: 34.0258
  • Longitude: -118.382

    Address

  • Full Address: 3548 Schaefer St
  • Address - House Number: 3548
  • Address - Street Name: Schaefer
  • Address - Suffix Type: St
  • State: CA
  • City Name: Culver City
  • Carrier Code: C008
  • 4-Digit Zip Code: 2421
  • Zip Code: 90232

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,882
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 03-170

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 2,245,987
  • High Value: 2,772,049
  • Low Value: 1,719,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,061,250
  • First Open Lien Mortgage Lender: MRV BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $2,061,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,473,500
  • Assessed Land Value: $2,167,500
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11867258881
  • Current Sale Price: $2,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1655222
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Mar 14, 2019
  • Previous Sale Amount: $1,425,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MRV BANK
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $2,061,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lucerne-Higuera



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3548 Schaefer Street located in?
The 3548 Schaefer Street is a multifamily located in the neighborhood of Lucerne-Higuera in Lucerne-Higuera, Culver City.
What is the average sales price for listings in 3548 Schaefer Street?
The average sales price for units in 3548 Schaefer Street is $0 currently.

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