NOT LISTED FOR SALE

10420 Commerce Ave Tujunga, CA 91042

Estimated Value: $1,216,000 - $1,682,000

8 Beds
4 Baths
3,584 Sq Ft
$417/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $850,000 $237 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,924/month

35 Days on Market

Highlights

  • Contemporary Architecture
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Verdugo Hills Senior High School Rated A-
  • Ceramic Countertops
  • Horse Trails

About This Home

As of September 2016

House plus three townhouse style units. The house is a two bedroom Bungalow built in 1915 and is located at the back of the property. It features a private front yard and porch plus a small backyard space. The three units were added in front in the 1960's. They have 2 bedrooms, 1.25 baths with the bedrooms all upstairs. The apartments all have laundry in unit. The house does not. Parking is open and in front. Can fit up to seven cars tandem parked. Owner pays for water. Tenants pay trash, electricity, gas.

Last Agent to Sell the Property

Kent Forsyth

House of Realty License #00788394 Listed on: 06/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,183

Year Built

  • Built in 1915

Lot Details

  • 6,741 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Gentle Sloping Lot

Home Design

  • Contemporary Architecture
  • Bungalow
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Cooktop
  • Ceramic Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 4 Parking Spaces
  • Parking Available
  • Shared Driveway

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 425
  • Assessor Parcel Number 2565008037

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Foothills

Recreation

  • Horse Trails

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,260
  • Insurance Expense $1,675
  • Maintenance Expense $2,400
  • Water Sewer Expense $1,800
  • New Taxes Expense $11,500
  • Gross Income $5,150
  • Net Operating Income $43,165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,183

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Inclusions: 4 ranges, 1 stove, window air conditioners
  • Other Phone Description: 818 419-8083
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Bungalow, Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1260.00
  • Parcel Number: 2565008037
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Formica Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 237.17
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab, Raised
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, On Site, Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Community Features: Foothills, Horse Trails, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Gentle Sloping, Lot 6500-9999
  • Lot Size Sq Ft: 6741.00
  • Price Per Lot Square Foot: 126.09

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 5150.00
  • Gross Multiplier: 14.88
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 1675.00
  • Maintenance Expense: 2400.00
  • Net Operating Income: 43165.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Operating Expense: 18635.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 11500.00
  • Tax Lot: 425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2016
Sold by
Markarian Wigen Warastad and Barsamian Karen
Bought by
Commerce Place Llc
Current Estimated Value
$1,496,018

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 26, 2016
Sold by
Markarian Mary
Bought by
Markarian Wigen Warastad
Seller's Agent
Kent Forsyth
House of Realty
List Price
$920,000
Sold Price
$850,000
Premium/Discount to List
-$70,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$500,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 18, 2016
Sold by
Miller Sharon C and The Sharon C Miller Living Tru
Bought by
Markarian Wigen Warastad and Barsamian Karen
Seller's Agent
Kent Forsyth
House of Realty
List Price
$920,000
Sold Price
$850,000
Premium/Discount to List
-$70,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2009
Sold by
Miller Sharon C
Bought by
The Sharon C Miller Living Trust

Purchase Details

Closed on
Feb 29, 2000
Sold by
Khoudoian Biarch and Khoudoian Karine
Bought by
Miller Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.21%

Purchase Details

Closed on
Oct 28, 1998
Sold by
Gupta Omprakash Mawar and Gupta Sarla Mawar
Bought by
Khoudoian Biarch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.69%

Purchase Details

Closed on
Jun 5, 1996
Sold by
Gupta Praveen K
Bought by
Gupta Sarla Mawar and Gupta Omrakash Mawar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
9.5%
Source: Public Records

Range of Values:

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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
Commerce Place Llc -- None Available
Markarian Wigen Warastad -- North American Title
Barsamian Karen -- North American Title
Markarian Wigen Warastad $850,000 North American Title
The Sharon C Miller Living Trust -- None Available
Miller Sharon C $230,000 Chicago Title
Khoudoian Biarch $170,000 Gateway Title Company
Gupta Sarla Mawar $165,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markarian Wigen Warastad $500,000
Previous Owner Miller Sharon C $184,000
Previous Owner Khoudoian Biarch $136,000
Previous Owner Gupta Sarla Mawar $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $850,000 -7.6% $237 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $920,000 -- $257 / 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 $12,183 $986,492 $539,669 $446,823
2024 $12,183 $967,150 $529,088 $438,062
2023 $11,952 $948,187 $518,714 $429,473
2022 $11,406 $929,596 $508,544 $421,052
2021 $11,255 $911,370 $498,573 $412,797
2020 $11,365 $902,026 $493,461 $408,565
2019 $10,924 $884,340 $483,786 $400,554
2018 $10,801 $867,000 $474,300 $392,700
2016 $3,933 $298,604 $117,623 $180,981
2015 $3,880 $294,120 $115,857 $178,263
2014 $3,919 $288,360 $113,588 $174,772
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kent Forsyth

    House of Realty

    (818) 419-8083

    1 in this area

    13 Total Sales

    Kent Forsyth
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16129047

California Regional Multiple Listing Service (CRMLS)

APN: 2565-008-037

California Los Angeles County Tujunga 91042

10420 Commerce Ave, Tujunga, CA

This home is located at 10420 Commerce Ave, Tujunga, CA 91042 since 15 June 2016 and is currently estimated at $1,496,018, approximately $417 per square foot. This property was built in 1915. 10420 Commerce Ave is a home located in Los Angeles County with nearby schools including Pinewood Avenue Elementary School, Mt. Gleason Middle School, and Verdugo Hills Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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