NOT LISTED FOR SALE

10285 Poulsen Ave Montclair, CA 91763

Estimated Value: $706,000 - $1,328,000

6 Beds
6 Baths
-- Sq Ft
8,105 Sq Ft Lot

Last Sold February 03, 2021

Last sale price $950,000

Est. 18% increase in value since last sale

Current estimated payment $6,790/month

36 Days on Market

About This Home

As of February 2021

We are pleased to present the opportunity to acquire 10285 Poulsen Ave and 10374 Marion Ave. 10285 Poulsen Ave was built in 2018 and consist of two (2) two-story 3Bedroom/2Bathroom single family houses. With approximately 2,800 +/- sq. ft. of total living space on 8,105 sq. ft. of land, each house has its own separate driveway, two-car garage, and enclosed private yard. Can be sold with 10374 Marion Ave, Montclair, CA 91763. With a total of four (4) units, this deal may qualify for residential financing and with below market rents and no rent control restrictions, the properties would allow a potential investor to immediately add value by bringing those rents closer to market rates.

Last Agent to Sell the Property

Sevak Keshishian

Marcus & Millichap License #01887505 Listed on: 11/11/2020

Last Buyer's Agent

Christina De Santis

reframe License #02100629

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,105

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Driveway

Home Design

Interior Spaces

  • 6 Bathrooms
  • 2-Story Property

Additional Features

  • 8,105 Sq Ft Lot
  • Air Conditioning

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1010-353-21-0000

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Parking Garage: Garage - 2 Car, Driveway - Pavers
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessor Parcel Number: 1010-353-21-0000
  • Lot Size Area: 8105

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.21
  • Number Of Units: 2
  • Type Of Units: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Tatsumi Otto and Tatsumi Bongkot
Bought by
Bbtc Llc
Current Estimated Value
$1,123,709

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jan 28, 2021
Sold by
Urban Cube Inc
Bought by
Tatsumi Otto and Tatsumi Bongkot
Seller's Agent
Sevak Keshishian
Marcus & Millichap
Buyer's Agent
Christina De Santis
reframe
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$702,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2018
Sold by
Kit Ko and Fung Susan Y
Bought by
Urban Cube Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2016
Sold by
Fung Susan Y
Bought by
Urban Cube Inc

Purchase Details

Closed on
Mar 19, 2013
Sold by
Popita Dumitru R
Bought by
Fung Susan Y

Purchase Details

Closed on
Jul 17, 2012
Sold by
Boxer Management Inc
Bought by
Popita Dumitru R and Popita Valerie

Purchase Details

Closed on
Dec 5, 2005
Sold by
Munoz Paul
Bought by
Boxer Management Inc
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
Bbtc Llc -- None Available
Tatsumi Otto $950,000 Ticor Title
Urban Cube Inc -- First American Title Company
Urban Cube Inc -- None Available
Fung Susan Y $67,000 Lawyers Title
Popita Dumitru R $40,000 Spl Title Services
Boxer Management Inc -- --
Munoz Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tatsumi Otto $702,000
Previous Owner Urban Cube Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold $950,000 0.0% --
12/17/2020 12/17/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $950,000 0.0% --
11/23/2020 11/23/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $950,000 -- --
Source: The MLS

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 $11,039 $1,028,310 $308,493 $719,817
2024 $11,039 $1,008,147 $302,444 $705,703
2023 $10,729 $988,380 $296,514 $691,866
2022 $10,587 $969,000 $290,700 $678,300
2021 $6,766 $609,706 $90,815 $518,891
2020 $6,647 $603,454 $89,884 $513,570
2019 $6,590 $591,622 $88,122 $503,500
2018 $977 $86,394 $86,394 $0
2017 $794 $71,090 $71,090 $0
2016 $763 $69,696 $69,696 $0
2015 $757 $68,649 $68,649 $0
2014 $734 $67,304 $67,304 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-655348

The MLS

APN: 1010-353-21