NOT LISTED FOR SALE

10054 Pinewood Ave Tujunga, CA 91042

Estimated Value: $1,306,000 - $1,392,574

4 Beds
4 Baths
2,552 Sq Ft
$531/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $1,220,000 $478 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,438/month

31 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Little Landers Park
  • Verdugo Hills Senior High School Rated A-
  • Carpet

About This Home

As of May 2021

Exceptional investment opportunity, Fully occupied Fourplex in the City of Tujunga located just North of Foothill Blvd in City of Tujunga, All one (1) bedroom and one (1) bath units, Each unit has its own washer and dryer hookups, Mostly upgraded/remodeled units, newer gas stoves and Refrigerators. Separate electric and gas meters for each individual units. Large lot size offers an open parking in the rear with ample parking spaces. LARD3 Zoning, Offers huge upside potential for future development of new dwelling units. Drive by only, offer subject to inspection. Owner prefers to sell with adjoining property at 10058 Pinewood MLS#320003013, but would consider selling separately.

Last Agent to Sell the Property

Vahik Beglarian

Coldwell Banker Hallmark License #00941552 Listed on: 03/01/2021

Coldwell Banker Hallmark

Last Buyer's Agent

Eduard Khachatryan

Luxury Homes International License #01769888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 10,844 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,552 Sq Ft Home

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 2568005020

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 2568005020
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: Two
  • Price Per Square Foot: 478.06

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10844.00
  • Lot Size Acres: 0.2489

Multi Family

  • Lot Size Area: 10844.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Derohanessians Alfred and Babaloyan Nelly
Bought by
10054 Pinewood Llc
Current Estimated Value
$1,354,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Outstanding Balance
$642,755
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$711,639

Purchase Details

Closed on
Feb 11, 2020
Sold by
Saradjian Khachik Zareh and Saradjian Artemis
Bought by
Derohanessians Alfred and Babaloyan Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Outstanding Balance
$642,755
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$711,639

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jul 20, 2016
Sold by
Zoric Marijan
Bought by
Saradjian Khachik Zareh and Saradjian Artemis
Seller's Agent
Edward Tarandek
Edward Tarandek
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$535,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
10054 Pinewood Llc -- North American Title
Derohanessians Alfred $1,000,000 North American Title Company
Saradjian Khachik Zareh $785,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derohanessians Alfred $723,750
Previous Owner Saradjian Khachik Zareh $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $1,220,000 -4.6% $478 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,279,000 +62.9% $501 / Sq Ft
08/10/2016 08/10/16 Sold $785,000 -1.8% $308 / Sq Ft View Prior Sale
04/25/2016 04/25/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $799,000 -- $313 / 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 $16,098 $1,320,565 $974,188 $346,377
2024 $16,098 $1,294,673 $955,087 $339,586
2023 $15,790 $1,269,288 $936,360 $332,928
2022 $15,063 $1,244,400 $918,000 $326,400
2021 $12,414 $1,010,360 $808,288 $202,072
2020 $10,534 $833,048 $541,216 $291,832
2019 $10,127 $816,714 $530,604 $286,110
2018 $9,966 $800,700 $520,200 $280,500
2016 $3,289 $246,749 $135,602 $111,147
2015 $3,245 $243,044 $133,566 $109,478
2014 $3,284 $238,284 $130,950 $107,334
Source: Public Records

Agents Affiliated with this Home

  • Vahik Beglarian

    Seller's Agent in 2021

    Vahik Beglarian

    Coldwell Banker Hallmark

    (818) 476-3000

    4 in this area

    9 Total Sales

    Vahik Beglarian
    Section Image
  • Eduard Khachatryan

    Buyer's Agent in 2021

    Eduard Khachatryan

    Luxury Homes International

    (818) 484-8008

    7 in this area

    21 Total Sales

    Eduard Khachatryan
    Section Image

  • E

    Seller's Agent in 2016

    Edward Tarandek

    Edward Tarandek

    (818) 445-1708

    1 Total Sale

    Edward Tarandek
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,159 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005146

California Regional Multiple Listing Service (CRMLS)

APN: 2568-005-020

California Los Angeles County Tujunga 91042

10054 Pinewood Ave, Tujunga, CA

Not Listed for Sale

MultiFamily

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