NOT LISTED FOR SALE

10151 Fernglen Ave Tujunga, CA 91042

Estimated Value: $1,264,000 - $1,459,000

8 Beds
4 Baths
3,000 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $1,090,000 $363 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,208/month

88 Days on Market

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Verdugo Hills Senior High School Rated A-
  • Laundry Room
  • Tandem Garage

About This Home

As of December 2017

Rare opportunity to purchase a beautiful 4-unit building in a prime area of Tujunga! Turn-key investment. Four 750 sq ft units each containing 2 Bedrooms and 1 Bathroom. Owner has had many upgrades done, including connecting the sewer line. New dual pane windows all throughout. New water heaters. Remodeled with tile and durable laminate floors. New concrete pavement. In-unit Laundry. Strong rents with upside potential. Building is in immaculate condition. This is the investment opportunity you have been waiting for!

Last Agent to Sell the Property

Mshag Dermugerdichian

Capital Real Estate License #01932806 Listed on: 09/18/2017

Last Buyer's Agent

Fred Shokoufi

Home America R.E & Loan License #01053024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 6,016

Home Design

  • Property Attached
  • Raised Foundation
  • Stucco

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 8 Parking Spaces
  • Parking Available
  • Tandem Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Double Pane Windows
  • 6,016 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Assessor Parcel Number 2558026028

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LARD1.5
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2558026028
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Tile
  • Levels: Two
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Tandem Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Kitchen
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6016.00
  • Lot Size Acres: 0.1381

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Lot Size Area: 6016.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jun 30, 2015
Sold by
Sandoval Leonel
Bought by
Bagumyan Arthur and Sarkisyan Hermine
Seller's Agent
Jose Gomez
No Firm Affiliation
Buyer's Agent
Mshag D.
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Current Estimated Value
$1,327,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,990
Avg. Annual Appreciation
5.64%
Original Mortgage
$736,415
Outstanding Balance
$571,996
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$755,994

Purchase Details

Closed on
Aug 11, 2008
Sold by
Sandoval Leonel and Sanarrucia Jonathan
Bought by
Sandoval Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,900
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Sandoval Leonel and Sanarrucia Jonathan
Bought by
Sandoval Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,900
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Aguilar Luis M and Gomez Victor E
Bought by
Sandoval Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,100
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2001
Sold by
Sanarrucia Magdalena
Bought by
Sanarrucia Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,880
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2000
Sold by
Family Trust Jordan Donald And Isabelle Trs J
Bought by
Sanarrucia Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.15%
Mortgage Type
FHA
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
Bagumyan Arthur $750,000 Nations Title Company Of Ca
Sandoval Leonel -- North American Title Company
Sandoval Leonel -- North American Title Company
Sandoval Leonel -- Stewart Title
Sanarrucia Jonathan -- Stewart Title
Sandoval Leonel -- Stewart Title
Sanarrucia Jonathan -- Fidelity Title
Aguilar Luis M -- Fidelity Title
Sandoval Leonel -- Fidelity Title
Sanarrucia Jonathan $185,000 First Southwestern Title Co
Aguilar Luis M -- First Southwestern Title Co
Sanarrucia Jonathan -- First Southwestern Title Co
Sandoval Leonel -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagumyan Arthur $736,415
Previous Owner Sandoval Leonel $419,900
Previous Owner Sandoval Leonel $177,100
Previous Owner Sandoval Leonel $182,880
Previous Owner Sanarrucia Jonathan $183,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2017 12/22/17 Sold $1,090,000 +3.9% $363 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $1,049,000 +39.9% $350 / Sq Ft
08/05/2015 08/05/15 Sold $750,000 +7.1% $250 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $700,000 -- $233 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $15,169 $1,240,230 $739,587 $500,643
2024 $15,169 $1,215,913 $725,086 $490,827
2023 $14,876 $1,192,072 $710,869 $481,203
2022 $14,184 $1,168,699 $696,931 $471,768
2021 $14,002 $1,145,784 $683,266 $462,518
2019 $13,584 $1,111,800 $663,000 $448,800
2018 $13,463 $1,090,000 $650,000 $440,000
2016 $9,313 $750,000 $400,000 $350,000
2015 $6,473 $518,712 $340,428 $178,284
2014 $6,514 $508,552 $333,760 $174,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817001906

Pasadena-Foothills Association of REALTORS®

APN: 2558-026-028