NOT LISTED FOR SALE

10721 Columbus Ave Mission Hills, CA 91345

Estimated Value: $951,437 - $1,095,000

0.37 Acre
$2,698,332 Price per Acre
16,222 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $898,300 $873 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,274/month

29 Days on Market

About This Lot

As of August 2020

Here's an incredible development opportunity: 16,223 sq ft level lot at end of cul-de-sac street with completely redone home in front + separate driveway accessing rear to build 8 unit apartment or A.D.U. Master plan allows this and many units have already been built in neighborhood after application to do so. Live in the main home and enjoy income after development at rear. Or use RV yard for your business vehicles via separate driveway behind locking gate separate from home. The home is in move-in model home condition, remodeled with permits & inspections 2010, with hardwood / tile flooring, warm fireplace, all new kitchen with granite, dining room, master bedroom with private full bath, 2 baths total, copper re-plumbing from street through home, new waste lines throughout home, 200 amp electrical, AC + central heating + new duct-work and insulation, roof, double pane windows, tank-less water heater, spa on large rear patio, concrete driveway, RV access galore. Area for units is now used as RV storage - $11,000 year income for 11 spaces + house rental value is $3,000 month = $47,000 year gross income for property while getting approvals and permits to develop. Or simply live in home and develop at your own pace and enjoy large grounds and income. Low land value per comps is $60 sq ft = $973,000 land only for development.

Last Agent to Sell the Property

The Begley Team

Berkshire Hathaway HomeServices California Properties License #01755604 Listed on: 07/13/2020

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,850

Lot Details

  • 0.37 Acre Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned LAR1

Utilities

  • 220 Volts For Spa
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 2649002006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$11,850

Lot Details

0

Listing Details

  • Current Use Comments: SFR remodeled 10 years ago at front, build 8 un...
  • Improvements: SFR
  • Possible Use Comments: Develop 8 units at rear - master plan & zone change allow this - several in neighborhood have already developed units. Keep front house as owner un...
  • View: No
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 2649002006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 55.37

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts For Spa, Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 16223.00
  • Lot Size Acres: 0.3724

Multi Family

  • Lot Size Area: 16223.0000 Square Feet

Tax Info

  • Tax Census Tract: 1096.04
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Loreto Jesus J and Loreto Karla M
Bought by
Loreto Family Trust and Loreto
Current Estimated Value
$1,004,859

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 18, 2020
Sold by
Begley Brandon T and Begley Allison J
Bought by
Loreto Jesus J and Loreto Karla M
Seller's Agent
The Begley Team
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
The Begley Team
Berkshire Hathaway HomeServices California Properties
List Price
$895,000
Sold Price
$898,300
Premium/Discount to List
$3,300
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$520,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2015
Sold by
Begley Timothy H and Begley Cynthia G
Bought by
Begley Brandon T and Begley Allison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2014
Sold by
Begley Brandon T
Bought by
Begley Timothy H and Begley Cynthia G

Purchase Details

Closed on
Jul 2, 2009
Sold by
Rosas Jeffery and Rosas Monica
Bought by
Begley Brandon T

Purchase Details

Closed on
Feb 28, 2008
Sold by
Rosas Jeffery
Bought by
Rosas Jeffery and Rosas Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Loreto Family Trust -- None Listed On Document
Loreto Jesus J $898,500 Ticor Title Company Of Ca
Begley Brandon T -- Orange Coast Title Company
Begley Timothy H -- None Available
Begley Brandon T -- Stewart Title Of Ca Inc
Rosas Jeffery -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loreto Jesus J $520,000
Previous Owner Begley Brandon T $352,000
Previous Owner Rosas Jeffery $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $898,300 +0.4% $873 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $895,000 -- $870 / 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 $11,850 $972,021 $680,848 $291,173
2024 $11,850 $952,963 $667,499 $285,464
2023 $11,623 $934,278 $654,411 $279,867
2022 $11,087 $915,960 $641,580 $274,380
2021 $10,957 $898,000 $629,000 $269,000
2020 $3,390 $249,032 $190,730 $58,302
2019 $3,268 $244,150 $186,991 $57,159
2018 $3,080 $239,364 $183,325 $56,039
2016 $2,941 $230,071 $176,207 $53,864
2015 $2,900 $226,616 $173,561 $53,055
2014 $2,922 $222,178 $170,162 $52,016
Source: Public Records

Agents Affiliated with this Home

  • The Begley Team

    Seller's Agent in 2020

    The Begley Team

    Berkshire Hathaway HomeServices California Properties

    (818) 368-0290

    1 in this area

    29 Total Sales

    The Begley Team
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20132186

California Regional Multiple Listing Service (CRMLS)

APN: 2649-002-006

California Los Angeles County Mission Hills 91345

10721 Columbus Ave, Mission Hills, CA

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