NOT LISTED FOR SALE

11094 Norris Ave Pacoima, CA 91331

Estimated Value: $879,000 - $1,082,325

4 Beds
2 Baths
1,714 Sq Ft
$569/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $800,000 $467 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,047/month

9 Days on Market

Highlights

  • 0.45 Acre Lot
  • Park
  • Laundry Room

About This Home

As of January 2022

This Duplex has 2 Units with very large land where you can park RV, a Boat or if you want to build a 3rd unit, This property has a lot of potential, repairs have been made although they are old houses and still lack work, you can make a great investment here. close to shopping center and fwys.

Last Agent to Sell the Property

SAUL NUNEZ

EXCELLENCE RE REAL ESTATE License #01847378 Listed on: 11/03/2021

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Arthur Ambarchyan

National Properties License #01351863

National Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,728

Year Built

  • Built in 1924

Lot Details

  • 0.45 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,714 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 2534026006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,728

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 425000
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 2534026006
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 466.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19799.00
  • Lot Size Acres: 0.4545

Multi Family

  • Gross Income: 8400.00
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 19799.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 17, 2022
Sold by
Arezouian Simonian Anahid
Bought by
11090-11094 Norris Ave Llc
Seller's Agent
SAUL NUNEZ
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Arthur Ambarchyan
National Properties
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$974,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,831
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Aug 14, 2003
Sold by
Arevalo Maria
Bought by
Arevalo Raul

Purchase Details

Closed on
Mar 30, 2003
Sold by
Hernandez Richard and Hernandez Jessica
Bought by
Arevalo Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
11090-11094 Norris Ave Llc -- Accommodation/Courtesy Recordi
Arevalo Raul -- Old Republic Title Company
Arevalo Raul $255,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arevalo Raul $204,000
Closed Arevalo Raul $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $800,000 -5.9% $467 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $850,000 -- $496 / 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 $10,728 $848,965 $509,379 $339,586
2024 $10,728 $832,320 $499,392 $332,928
2023 $10,530 $816,000 $489,600 $326,400
2022 $4,637 $341,632 $207,660 $133,972
2021 $4,578 $334,935 $203,589 $131,346
2020 $4,615 $331,722 $201,502 $130,220
2019 $4,455 $325,222 $197,551 $127,671
2018 $4,138 $318,850 $193,678 $125,172
2016 $3,948 $306,258 $186,158 $120,100
2015 $3,894 $301,658 $183,362 $118,296
2014 $3,923 $295,750 $179,771 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21241195

California Regional Multiple Listing Service (CRMLS)

APN: 2534-026-006