NOT LISTED FOR SALE

10461 Ilex Ave Pacoima, CA 91331

Estimated Value: $588,000 - $870,000

3 Beds
4 Baths
1,180 Sq Ft
$628/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $400,000 $339 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,573/month

27 Days on Market

About This Home

As of March 2019

Terrific opportunity to restore this income property to its rightful state. This 4 unit property is located in Pacoima. 2 of the units are 1BR/1BA and 2 units are studios. This property is in REAP. Buyer to verify all information and rely on their own findings. Info herein is not verified by seller or agent. Buyer to verify any and all info & rely on their own findings. ***Please see private remarks***

Last Agent to Sell the Property

Joyce Essex Harvey

Coldwell Banker Realty License #00935813 Listed on: 01/31/2019

Coldwell Banker Realty

Co-Listed By

Sean Freeman

Coldwell Banker Realty License #01366376

Last Buyer's Agent

Sulmery Martinez

License #01472858

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,559

Year Built

  • Built in 1939

Lot Details

  • 6,122 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4 Bathrooms
  • 1,180 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2620-027-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,559

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1180
  • Stories: 1
  • Year Built: 1939
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 459.75

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 200000
  • Assessed Land Value: 280000
  • Assessor Parcel Number: 2620-027-008
  • Geocode Override: No
  • Lot Size Area: 6122

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: fourplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Mar 12, 2019
Sold by
Banc Of California National Association
Bought by
Jkc Llc
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Sulmery Martinez
List Price
$542,500
Sold Price
$400,000
Premium/Discount to List
-$142,500
-26.27%
Current Estimated Value
$735,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,333
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Sep 20, 2016
Sold by
Nazaretyan Marat
Bought by
Banc Of California National Association and Banc Home Loans

Purchase Details

Listed on
Oct 29, 2014
Closed on
Nov 10, 2014
Sold by
Pineda Randu
Bought by
Nazaretyan Marat
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Tina Todisco
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$441,849
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2008
Sold by
Pineda Silvia
Bought by
Pineda Randu

Purchase Details

Closed on
Mar 27, 2006
Sold by
Pineda Randu
Bought by
Pineda Randu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2005
Sold by
Pineda Silvia
Bought by
Pineda Randu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,975
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2004
Sold by
Pineda Silvia and Pineda Uri
Bought by
Pineda Silvia

Purchase Details

Closed on
Mar 18, 2002
Sold by
Pineda Amadeo
Bought by
Pineda Silvia
Source: Public Records

Range of Values:

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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
Jkc Llc $400,000 None Available
Banc Of California National Association $412,800 Accommodation
Nazaretyan Marat $450,000 North American Title
Pineda Randu -- None Available
Pineda Randu -- Landsafe Title
Pineda Randu $423,500 Chicago Title Co
Pineda Silvia -- Chicago Title Co
Pineda Silvia -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazaretyan Marat $441,849
Previous Owner Pineda Randu $390,500
Previous Owner Pineda Randu $359,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $400,000 -26.3% $339 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $542,500 +20.6% $460 / Sq Ft
01/09/2015 01/09/15 Sold $450,000 +5.9% $381 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $425,000 -- $360 / Sq Ft
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 $6,559 $522,833 $390,429 $132,404
2024 $6,559 $512,582 $382,774 $129,808
2023 $6,437 $502,532 $375,269 $127,263
2022 $5,261 $420,469 $367,911 $52,558
2021 $5,196 $412,226 $360,698 $51,528
2019 $6,213 $499,392 $291,312 $208,080
2018 $6,092 $489,600 $285,600 $204,000
2016 $5,660 $456,862 $274,117 $182,745
2015 $6,069 $491,171 $294,587 $196,584
2014 $6,113 $481,551 $288,817 $192,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-429894

The MLS

APN: 2620-027-008