NOT LISTED FOR SALE

10721 Aldea Ave Granada Hills, CA 91344

Estimated Value: $1,100,067 - $1,251,000

4 Beds
3 Baths
2,214 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $675,000 $305 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,280/month

18 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Bungalow
  • Valley Academy of Arts & Sciences Rated A-
  • Subterranean Parking
  • Central Heating and Cooling System

About This Home

As of October 2016

Rare find in Old Granada, 2 separate building both with it’s own 2 car garage.
2 Bedroom, 2 Bath and 2 Bedroom, 1 Bath. Assessor says total of 5 bedrooms, awaiting permits.
Long term tenants will be vacated by Sept. 30, 2016.
Central A/C and copper plumbing, roofs are in good condition.
Awesome schools, Granada High School, new rents can be raised substantially.

Last Agent to Sell the Property

Bill Rose

Park Regency Realty License #00857765 Listed on: 08/01/2016

Park Regency Realty

Last Buyer's Agent

Alice Lim

Beverly and Company, Inc. License #01225394

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,013

Year Built

  • Built in 1947

Lot Details

  • 10,500 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Subterranean Parking
  • Parking Available

Home Design

  • Bungalow
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,214 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, HVAC maintenance, trash collection, water
  • Tax Lot 82
  • Tax Tract Number 10191

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,360
  • New Taxes Expense $9,375
  • Gross Income $40,860
  • Net Operating Income $38,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,013

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • CapRate: 2.00
  • Property Attached: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 304.88

Exterior Features

  • Foundation: Slab, Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Corner Lot
  • Lot Size Sq Ft: 10500.00
  • Price Per Lot Square Foot: 71.43

Rental Info

  • Tenant Pays: Electricity, Gas, HVAC Maintenance, Trash Collection, Water

Multi Family

  • Gross Income: 40860.00
  • Gross Scheduled Income: 40860.00
  • Insurance Expense: 1360.00
  • Net Operating Income: 38460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 82
  • Tax Tract Number: 10191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 23, 2016
Sold by
Wock Theresa
Bought by
Ameripour Sharam
Seller's Agent
Bill Rose
Park Regency Realty
Buyer's Agent
Alice Lim
Beverly and Company, Inc.
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Current Estimated Value
$1,192,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,267
Avg. Annual Appreciation
6.60%
Original Mortgage
$350,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2015
Sold by
Revocabl Dahlman Rennie and Revocabl William James Dahlman
Bought by
Wock Theresa

Purchase Details

Closed on
Sep 25, 1985
Sold by
Dahlman William J
Bought by
Revocabl Dahlman William James and Revocabl William James Dahlman
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ameripour Sharam $675,000 Lawyers Title
Wock Theresa -- None Available
Revocabl Dahlman William James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ameripour Shahram $500,000
Previous Owner Ameripour Sharam $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $675,000 -10.0% $305 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $750,000 0.0% $339 / Sq Ft
05/31/2014 05/31/14 Rented $2,000 0.0% --
05/09/2014 05/09/14 Under Contract -- -- --
04/15/2014 04/15/14 For Rent $2,000 -- --
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 $10,013 $812,404 $446,823 $365,581
2024 $10,013 $796,475 $438,062 $358,413
2023 $9,823 $780,859 $429,473 $351,386
2022 $9,373 $765,549 $421,052 $344,497
2021 $9,254 $750,540 $412,797 $337,743
2020 $9,345 $742,845 $408,565 $334,280
2019 $8,982 $728,280 $400,554 $327,726
2018 $8,799 $714,000 $392,700 $321,300
2016 $1,560 $112,157 $52,790 $59,367
2015 $1,456 $110,474 $51,998 $58,476
2014 $1,476 $108,311 $50,980 $57,331
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16168892

California Regional Multiple Listing Service (CRMLS)

APN: 2696-027-011