NOT LISTED FOR SALE

Estimated Value: $1,299,000 - $1,392,430

3 Beds
2 Baths
1,279 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $1,300,000 $1,016 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,796/month

12 Days on Market

Highlights

  • Community Lake
  • Park
  • Horse Trails
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • Bike Trail

About This Home

As of July 2024

Opportunity! Location! Location! Location! Wonderful home on a scenic tree-lined Southern California street on a large flat 8,000+ square foot lot. This beautiful home is above San Fernando and just below Glenoaks. The long driveway leads to a garage. Some other nice features of the home include wonderful curb appeal, an extra deep spacious backyard with many mature fruit trees, outdoor barbecue area, and large 8K+ square foot lot per assessor’s data. This home is ideally located near shopping, restaurants, Brand Park, hiking trails, and the historic Kenneth Village. What a great opportunity awaits the new owner of this beautiful mid-century home. The curb appeal will captivate you. This property features a main house with 2 bedrooms, 1 bathroom, a dining area adjacent to an open living room with indoor laundry hookups. The rear guest house has 1 bedroom, 1 bathroom. The backyard is spacious with an opportunity to possibly build ADU, Junior or Multi units. This property is zoned GLR4!!!

Last Agent to Sell the Property

Sebastian Kouladjian

Tunity Real Estate, Inc Brokerage Phone: 6262550048 License #02057129 Listed on: 06/12/2024

Last Buyer's Agent

Daniel Shalvardzhyan

Compass License #01937402

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 8,007 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 4646
  • Assessor Parcel Number 5624009006
  • $281 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Community Lake
  • Mountainous Community
  • Valley

Recreation

  • Park
  • Horse Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $19,200
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: GLR4YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5624009006
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1016.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Lake, Horse Trails, Park, Mountainous, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 8007.00
  • Lot Size Acres: 0.1838
  • Latitude Manual: 34.17199300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 20400.00
  • Lot Size Area: 8007.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3016.01
  • Tax Lot: 16
  • Tax Tract Number: 4646
  • TaxOtherAnnualAssessmentAmount: 281.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 22, 2024
Sold by
Anahit Ani Minassian Revocable Living Tr and Minassian Anahit Ani
Bought by
12 Allen Ave Llc
Seller's Agent
Sebastian Kouladjian
Tunity Real Estate, Inc
Buyer's Agent
Daniel Shalvardzhyan
Compass
List Price
$1,095,000
Sold Price
$1,300,000
Premium/Discount to List
$205,000
18.72%
Views
15
Current Estimated Value
$1,350,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,108
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Mar 7, 2020
Sold by
Minassian Anahit
Bought by
Minassian Anahit Ani and Minassian Anahit Ani

Purchase Details

Closed on
Jun 4, 2019
Sold by
Vartani Vartanoush and Vartanoush Vartani Rlt
Bought by
Minassian Anahit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Vartani Vartanoush
Bought by
Vartani Vartanoush and Vartanoush Vartani Revocable L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,400
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Vartani Vartanoush
Bought by
Vartani Vartanoush and Vartanoush Vartani Revocable L

Purchase Details

Closed on
Sep 1, 1998
Sold by
Ajand Ashot
Bought by
Vartani Vartanoush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
6.93%

Purchase Details

Closed on
May 5, 1998
Sold by
Ajand Anahit
Bought by
Ajand Ashot and Vartani Vartanoush

Purchase Details

Closed on
Jan 22, 1997
Sold by
Ajand Ashot
Bought by
Vartani Vartanosh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
12 Allen Ave Llc $1,300,000 Chicago Title Company
Minassian Anahit Ani -- None Available
Minassian Anahit $525,000 Lawyers Title Company
Vartani Vartanoush -- None Available
Vartani Vartanoush -- None Available
Vartani Vartanoush -- None Available
Vartani Vartanoush -- --
Ajand Ashot -- First American
Vartani Vartanosh -- First American
Vartani Vartanosh -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minassian Anahit $325,000
Previous Owner Vartani Vartanoush $509,400
Previous Owner Vartani Vartanoush $197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $1,300,000 +18.7% $1,016 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,095,000 -- $856 / 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 $8,663 $1,300,000 $910,000 $390,000
2024 $8,663 $771,982 $461,045 $310,937
2023 $8,468 $756,846 $452,005 $304,841
2022 $8,321 $742,007 $443,143 $298,864
2021 $8,181 $727,458 $434,454 $293,004
2020 $8,064 $309,039 $233,747 $75,292
2019 $3,528 $302,980 $229,164 $73,816
2018 $3,371 $297,040 $224,671 $72,369
2016 $3,209 $285,507 $215,948 $69,559
2015 $3,145 $281,220 $212,705 $68,515
2014 $3,131 $275,712 $208,539 $67,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24119907

California Regional Multiple Listing Service (CRMLS)

APN: 5624-009-006