NOT LISTED FOR SALE

10446 Scoville Ave Sunland, CA 91040

Sunland Neighborhood

Estimated Value: $1,647,584

2 Beds
5 Baths
2,089 Sq Ft
$789/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $950,000 $455 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $10,211/month

About This Home

As of February 2018

Tremendous opportunity here. Over 10,500 sq. ft. lot with potential for up to 3 offices, 3 separate entrances on the first floor. There's a studio apartment upstairs and a duplex in the rear cottage style.More than 12 parking spaces on the motor controlled gate. Great location. Zoned C2. City says you can build up to 26 units. Buyer to do his own investigations and due diligence. This one won't last. Completely refurbished. Bring your own tenants before seller rents them out himself. Live and work here while also collecting extra rental income. Near 210 freeway off Foothill, the commercial strip for Sunland/Tujunga area.

Last Agent to Sell the Property

Georgina Ghazarian

Beverly and Company, Inc. License #01738111 Listed on: 08/23/2016

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,529

Year Built

  • Built in 1942

Lot Details

  • 10,559 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,089 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 5 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 4728
  • Assessor Parcel Number 2560009013

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $2,000
  • Water Sewer Expense $600
  • New Taxes Expense $17,750
  • Operating Expense $20,650
  • Gross Income $7,820
  • Net Operating Income $85,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,529

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 2560009013
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 454.76

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 10559.00
  • Price Per Lot Square Foot: 134.48

Multi Family

  • Average1 Bed Area: 550
  • Average Studio Area: 550
  • Electric Expense: 300.00
  • Gross Income: 7820.00
  • Gross Scheduled Income: 88200.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 85550.00
  • Number Of Units Total: 6
  • Operating Expense: 20650.00
  • Rent Control: No
  • Total Expenses: 20650.00

Tax Info

  • New Taxes Expense: 17750.00
  • Tax Lot: 58
  • Tax Tract Number: 4728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2016
Sold by
Stern Virginia
Bought by
Opek Holdings Llc
Current Estimated Value
$1,647,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$79,574
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,568,010

Purchase Details

Closed on
May 20, 1998
Sold by
Stern Charles D and Stern Virginia R
Bought by
Stern Charles D
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
Opek Holdings Llc $475,000 Lawyers Title Company
Stern Charles D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opek Holdings Llc $100,000
Open Opek Holdings Llc $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $950,000 -33.1% $455 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $1,420,000 -- $680 / 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 $18,529 $1,520,815 $909,242 $611,573
2024 $18,529 $1,490,996 $891,414 $599,582
2023 $18,174 $1,461,762 $873,936 $587,826
2022 $17,336 $1,433,100 $856,800 $576,300
2021 $6,670 $519,478 $311,687 $207,791
2020 $6,682 $514,153 $308,492 $205,661
2019 $6,431 $504,073 $302,444 $201,629
2018 $6,256 $494,190 $296,514 $197,676
2016 $1,171 $72,223 $43,877 $28,346
2015 $1,159 $71,139 $43,218 $27,921
2014 $1,177 $69,747 $42,372 $27,375
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Georgina Ghazarian

    Beverly and Company, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16185756

California Regional Multiple Listing Service (CRMLS)

APN: 2560-009-013

California Los Angeles County Los Angeles 91040 Sunland

10446 Scoville Ave, Los Angeles, CA

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