NOT LISTED FOR SALE

10637 Mount Gleason Ave Sunland, CA 91040

Sunland Neighborhood

Estimated Value: $1,319,000

2 Beds
1 Bath
2,155 Sq Ft
$612/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $1,135,000 $527 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,180/month

Highlights

  • 0.71 Acre Lot
  • Fireplace
  • Laundry Room
  • Verdugo Hills Senior High School Rated A-
  • Cooling Available
  • Fenced

About This Home

As of July 2022

This property is perfect for an investor or a family that wants their own compound. Currently the front house is two bedrooms and one bath with a bonus room that comes to around 1,555sqft. The rear unit is a one bedroom and one bath house with a full kitchen. The seller has a tentative tract map that would allow the new owner to split the property into six different smaller lots. The plan is to keep the front house and build five single family homes on the other 5 lots. Another option would be to build single family houses with ADU's and keep them as rentals or sell them off. The opportunities are endless on this property and it's a must see!!

Last Agent to Sell the Property

Brian Parsons

Keller Williams Realty License #01712649 Listed on: 06/17/2022

Keller Williams Realty

Last Buyer's Agent

Wei Huang

License #01854922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,820

Year Built

  • Built in 1943

Lot Details

  • 0.71 Acre Lot
  • No Common Walls
  • Fenced

Home Design

  • Fixer Upper

Interior Spaces

  • 2,155 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Parking Available

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 018
  • Tax Tract Number 103
  • Assessor Parcel Number 2556013018

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $100
  • Gross Income $25,440
  • Net Operating Income $25,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,820

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 2556013018
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 461.72

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Trash Expense: 100.00
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30930.00
  • Lot Size Acres: 0.7101

Multi Family

  • Gross Income: 25440.00
  • Gross Scheduled Income: 25440.00
  • Lot Size Area: 30930.0000 Square Feet
  • Net Operating Income: 25440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 018
  • Tax Tract: 0.71
  • Tax Tract Number: 103...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 13, 2022
Sold by
Erika Mcconnell
Bought by
Mcconnell Jeffrey S
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Wei Huang
List Price
$995,000
Sold Price
$1,135,000
Premium/Discount to List
$140,000
14.07%
Current Estimated Value
$1,319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,000

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 11, 2022
Sold by
Unknown
Bought by
Xihan Investment Llc
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Wei Huang
List Price
$995,000
Sold Price
$1,135,000
Premium/Discount to List
$140,000
14.07%

Purchase Details

Closed on
Jul 21, 2003
Sold by
Blanco Pamela J and The Armand Contreras Revocable
Bought by
Mcconnell Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Contreras Armand
Bought by
Contreras Armand and The Armand Contreras Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 10, 1995
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Carnes Joseph Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.58%

Purchase Details

Closed on
Feb 11, 1994
Sold by
Contreras Armand
Bought by
Contreras Armand
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
Mcconnell Jeffrey S -- Lawyers Title
Xihan Investment Llc $1,135,000 Lawyers Title
Mcconnell Jeffrey S $400,000 Equity Title Company
Contreras Armand -- Landsafe Title
Contreras Armand -- Landsafe Title
Carnes Joseph Jay $93,000 Continental Lawyers Title Co
Contreras Armand -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcconnell Jeffrey S $125,000
Previous Owner Mcconnell Jeffrey S $100,000
Previous Owner Mcconnell Jeffrey S $50,000
Previous Owner Mcconnell Jeffrey S $270,000
Previous Owner Contreras Armand $130,000
Previous Owner Carnes Joseph Jay $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $1,135,000 +14.1% $527 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $995,000 0.0% $462 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $995,000 -- $462 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2023 $13,820 $1,135,000 $900,000 $235,000
2022 $6,768 $535,903 $334,941 $200,962
2021 $6,680 $525,396 $328,374 $197,022
2020 $6,742 $520,009 $325,007 $195,002
2019 $6,488 $509,814 $318,635 $191,179
2018 $6,395 $499,819 $312,388 $187,431
2016 $6,107 $480,411 $300,258 $180,153
2015 $6,021 $473,195 $295,748 $177,447
2014 $6,063 $463,927 $289,955 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-10024

Pasadena-Foothills Association of REALTORS®

APN: 2556-013-018