NOT LISTED FOR SALE

10058 Pinewood Ave Unit 1 Tujunga, CA 91042

Tujunga Neighborhood

Estimated Value: $1,287,000 - $1,639,000

4 Beds
4 Baths
2,552 Sq Ft
$571/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $785,000 $308 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,395/month

34 Days on Market

Highlights

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

About This Home

As of July 2016

Fantastic opportunity to own 4 unit apartment building on a large lot. All 1 bedroom units. The property next door is also available 10054 Pinewood.

Last Agent to Sell the Property

Edward Tarandek

Edward Tarandek License #01090185 Listed on: 03/22/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,101

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 6 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Water-Smart Landscaping
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 3532
  • Assessor Parcel Number 2568005019

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
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Trash Expense $1,500
  • Water Sewer Expense $3,000
  • New Taxes Expense $9,000
  • Gross Income $2,891
  • Net Operating Income $2,891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,101

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818 445 1708
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2568005019
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 307.60
  • Room Type: Family Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Lot Features: Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 10953.00
  • Price Per Lot Square Foot: 71.67

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2891.00
  • Gross Scheduled Income: 3441.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 2891.00
  • 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
  • Operating Expense: 550.00
  • Rent Control: Yes
  • Total Actual Rent: 3441.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 19
  • Tax Tract Number: 3532

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Tahmazyan Ararat
Bought by
Piece Rental Llc
Current Estimated Value
$1,458,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$741,815
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$729,277

Purchase Details

Closed on
May 1, 2021
Sold by
Tahmazyan Tehmine
Bought by
Tahmazyan Ararat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$741,815
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$729,277

Purchase Details

Closed on
Mar 26, 2021
Sold by
10058 Pinewood Llc
Bought by
Tahmazyan Ararat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$741,815
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$729,277

Purchase Details

Closed on
Feb 19, 2020
Sold by
Derohanessians Alfred and Babaloyan Nelly
Bought by
10058 Pinewood Llc

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
Interest Rate
3.87%
Mortgage Type
New Conventional

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
Interest Rate
3.87%
Mortgage Type
New Conventional

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
7.24%
Original Mortgage
$535,000
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Piece Rental Llc -- Accommodation
Tahmazyan Ararat -- Chicago Title Company
Tahmazyan Ararat $1,220,000 Chicago Title Company
10058 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 Tahmazyan Ararat $810,000
Previous Owner Tahmazyan Ararat $810,000
Previous Owner Derohanessians Alfred $723,750
Previous Owner Saradjian Khachik Zareh $535,000
Previous Owner Zoric Marijan $273,363
Previous Owner Zoric Marijan $280,145
Previous Owner Zoric Ankica A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $785,000 -1.8% $308 / Sq Ft
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
2024 $16,101 $1,294,673 $955,087 $339,586
2023 $15,793 $1,269,288 $936,360 $332,928
2022 $15,066 $1,244,400 $918,000 $326,400
2021 $12,417 $1,010,360 $808,288 $202,072
2020 $10,537 $833,048 $679,173 $153,875
2019 $10,130 $816,714 $665,856 $150,858
2018 $9,969 $800,700 $652,800 $147,900
2016 $3,291 $246,749 $135,602 $111,147
2015 $3,247 $243,044 $133,566 $109,478
2014 $3,287 $238,284 $130,950 $107,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16060091

California Regional Multiple Listing Service (CRMLS)

APN: 2568-005-019