NOT LISTED FOR SALE

10038 Pinewood Ave Tujunga, CA 91042

Estimated Value: $1,094,000 - $1,267,000

4 Beds
4 Baths
2,366 Sq Ft
$507/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $760,000 $321 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,164/month

37 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Double Pane Windows
  • Verdugo Hills Senior High School Rated A-
  • No HOA
  • 4-minute walk to Little Landers Park

About This Home

As of April 2018

Great investment opportunity to own a fourplex in the city of Tujunga! Each unit features 1 bedroom, 1 bathroom with its own patio area. Three units have a carport and one unit has a garage area with storage for each unit. Original hardwood floors, upgraded copper pluming, dual-pane windows, rain gutters and are all nicely maintained. Separate electric and gas meters. Location is close to schools, restaurants, shopping centers, Angeles National Forest, Sunland, North Hollywood and Burbank. Drive by only, do not disturb tenants. Call for more information.

Last Agent to Sell the Property

Magdalena Aguilar

KELLER WILLIAMS PREMIER PROPER License #01957927 Listed on: 01/24/2018

KELLER WILLIAMS PREMIER PROPER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 8,910 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Brick Fence
  • Chain Link Fence
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 3 Detached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,366 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Ceramic Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 677
  • Tax Tract Number 3532
  • Assessor Parcel Number 2568005027

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $300
  • Trash Expense $700
  • Water Sewer Expense $700
  • Operating Expense $1,400
  • Net Operating Income $3,177

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 700.00
  • Zoning: LARD3
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 2568005027
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Price Per Square Foot: 321.22
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Storage
  • Exterior Features: Awning(s), Rain Gutters
  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport, Covered, Asphalt, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 8910.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Scheduled Income: 3428.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 300.00
  • Net Operating Income: 3177.00
  • 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 Patio: 4
  • Number With Range: 4
  • Operating Expense: 325.00
  • Rent Control: Yes
  • Total Actual Rent: 3502.00
  • Total Expenses: 1400.00

Tax Info

  • Tax Census Tract: 1012.20
  • Tax Lot: 677
  • Tax Tract Number: 3532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Mehrabian Vania and Nazari Rema
Bought by
Mehrabian Vania and Nazari Rema
Current Estimated Value
$1,198,983

Purchase Details

Listed on
Jan 24, 2018
Closed on
Apr 6, 2018
Sold by
Nazari Rema
Bought by
Mehrabian Vania
Seller's Agent
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
List Price
$824,900
Sold Price
$760,000
Premium/Discount to List
-$64,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$360,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 12, 2018
Sold by
Molina Jorge
Bought by
Mehrabian Vania
Seller's Agent
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
List Price
$824,900
Sold Price
$760,000
Premium/Discount to List
-$64,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Molina Jorge and Molina Maria A
Bought by
Molina Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Molina Jorge and Molina Maria A
Bought by
Molina Jorge

Purchase Details

Closed on
Aug 5, 1996
Sold by
Weiss Rebecca Mae
Bought by
Molina Jorge and Molina Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mehrabian Vania -- None Listed On Document
Mehrabian Vania -- None Listed On Document
Mehrabian Vania -- Stewart Title Of California
Mehrabian Vania $760,000 Stewart Title
Molina Jorge -- Ort
Molina Jorge -- --
Molina Jorge $120,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehrabian Vania $360,000
Previous Owner Molina Jorge $308,000
Previous Owner Molina Jorge $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $760,000 -7.9% $321 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $824,900 -- $349 / 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 $10,803 $864,746 $523,399 $341,347
2024 $10,650 $847,791 $513,137 $334,654
2023 $10,448 $831,169 $503,076 $328,093
2022 $9,970 $814,872 $493,212 $321,660
2021 $9,843 $798,895 $483,542 $315,353
2020 $9,940 $790,704 $478,584 $312,120
2019 $9,554 $775,200 $469,200 $306,000
2018 $2,402 $171,752 $103,053 $68,699
2016 $2,276 $165,084 $99,052 $66,032
2015 $2,247 $162,606 $97,565 $65,041
2014 $2,283 $159,421 $95,654 $63,767
Source: Public Records

Agents Affiliated with this Home

  • Magdalena Aguilar

    Seller's Agent in 2018

    Magdalena Aguilar

    KELLER WILLIAMS PREMIER PROPER

    (626) 232-4356

    77 Total Sales

    Magdalena Aguilar
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18015899

California Regional Multiple Listing Service (CRMLS)

APN: 2568-005-027

California Los Angeles County Tujunga 91042

10038 Pinewood Ave, Tujunga, CA

Not Listed for Sale

MultiFamily

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