NOT LISTED FOR SALE

10025 Sepulveda Blvd Mission Hills, CA 91345

Estimated Value: $1,056,000 - $1,453,000

9 Beds
9 Baths
4,084 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $770,000 $189 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,984/month

12 Days on Market

Highlights

  • In Ground Pool
  • City Lights View
  • Contemporary Architecture
  • Vintage Math, Science, and Technology Magnet School Rated A-
  • 107,909 Sq Ft lot
  • End Unit

About This Home

As of May 2017

Location, location, location!!! This is your opportunity to own a rental property in the hottest area, amazing 4 unit income property in Mission Hills. Very rarely seen a quadruplex in this area. Unit A: 3 bedrooms and 2.5 baths townhouse style. Units B: and C:, 2 bedroom and 2 bath condominium style and unit D: 2 bedrooms and 1.5 baths. Separate laundry room for all units. Just installed a new water heater for the whole complex and all units have a new electrical panels. Please do not disturb tenants.

Last Agent to Sell the Property

EMILIANO DIAZ

Homesmart Evergreen Realty License #01850560 Listed on: 02/01/2017

Homesmart Evergreen Realty

Last Buyer's Agent

Leonard Mendoza

Keller Williams North Valley License #00956579

Keller Williams North Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,143

Year Built

  • Built in 1964

Lot Details

  • 2.48 Acre Lot
  • End Unit
  • Two or More Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Slab Foundation
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Phone Available
  • Satellite Dish
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 28142
  • Assessor Parcel Number 2660008036

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • 4 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Professional Management Expense $2,916
  • Trash Expense $1
  • Water Sewer Expense $7,800
  • New Taxes Expense $1
  • Operating Expense $14,712
  • Gross Income $1
  • Net Operating Income $57,936

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,143

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 6.40
  • Professional Management Expense: 2916.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 7800.00
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2660008036
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Levels: Three Or More
  • Price Per Square Foot: 188.54
  • Spa Features: Association

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish, TV Antenna
  • View: City Lights, Neighborhood
  • Pool Features: Association, In Ground, Fenced
  • Pool Private: No
  • Roof: Composition, Tile
  • Spa: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Trash, Dues Paid Monthly, Pets Permitted, Management
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 107909.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 72648.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 57936.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 14712.00
  • Rent Control: Yes
  • Total Actual Rent: 6054.00
  • Total Expenses: 14712.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 1
  • Tax Tract Number: 28142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2017
Sold by
Cinquemani John
Bought by
Alvarado Nicolas E and Alvarado Maria J
Current Estimated Value
$1,294,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 1997
Sold by
Trust Okahata Katsumi Co Tr Okahata Fami and Okahata E S Co Tr Okahata Tru
Bought by
Cinqueman John

Purchase Details

Closed on
Jul 26, 1995
Sold by
Okahata Edwin S and Okahata Katsumi
Bought by
Okahata Edwin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.62%
Source: Public Records

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
Alvarado Nicolas E $770,000 Fidelity National Title
Cinqueman John -- Old Republic Title Company
Okahata Edwin S -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Nicolas E $400,000
Previous Owner Okahata Edwin S $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $770,000 -14.3% $189 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $899,000 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $11,143 $893,644 $536,188 $357,456
2024 $11,143 $876,123 $525,675 $350,448
2023 $10,935 $858,945 $515,368 $343,577
2022 $10,439 $842,104 $505,263 $336,841
2021 $10,295 $825,593 $495,356 $330,237
2019 $9,995 $801,107 $480,664 $320,443
2018 $9,885 $785,400 $471,240 $314,160
2016 $3,542 $261,391 $104,554 $156,837
2015 $3,495 $257,466 $102,984 $154,482
2014 $3,533 $252,423 $100,967 $151,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17018256

California Regional Multiple Listing Service (CRMLS)

APN: 2660-008-036