NOT LISTED FOR SALE

11529 Sproule Ave Pacoima, CA 91331

Estimated Value: $1,165,000 - $1,806,000

12 Beds
4 Baths
3,274 Sq Ft
$476/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $1,350,000 $412 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,204/month

15 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of May 2024

Welcome to an extraordinary opportunity at 11529 Sproule Avenue in Pacoima! This unique property presents two homes on a single lot, with the potential to expand further. 11529 Sproule Avenue offers a spacious layout featuring 6 bedrooms and 2 bathrooms, encompassing 2,074 square feet of living space. Additionally, the detached 2-car garage has been converted into an office, providing added flexibility. This home underwent a thorough remodel in 2019, ensuring modern comfort and style. Meanwhile, 11527 Sproule Avenue boasts 6 bedrooms and 2 bathrooms across 1,200 square feet of living space. Constructed in 2020, this home features a 2-car attached garage, adding to its convenience and appeal. With many bedrooms equipped with exit doors, these properties are perfectly suited for various in-home business endeavors such as Board & Care or Congregate Living. Nestled on a spacious 19,082 square foot lot, there's ample room for expansion, potentially accommodating two additional properties through SB9 regulations. Centrally located in Pacoima, this property enjoys close proximity to schools, parks, shopping, dining, and other amenities, offering a convenient and vibrant lifestyle for its residents. Delivered vacant. Don't miss out on this incredible opportunity – schedule a viewing today!

Last Agent to Sell the Property

Michael Melik-Bakchian

LA Premier Realty, Inc. License #01914624 Listed on: 03/04/2024

Co-Listed By

Zhaklin Pakhloyan

LA Premier Realty, Inc. License #02179060

Last Buyer's Agent

Gayane Karapetyan

Pinnacle Estate Properties License #01955918

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 3,274 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 2532006012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $3,500
  • Water Sewer Expense $2,000
  • Operating Expense $7,000
  • Gross Income $138,000
  • Net Operating Income $124,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.44 Acres

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 2000.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 2532006012
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 412.34
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19082.00
  • Lot Size Acres: 0.4381

Multi Family

  • Gross Income: 138000.00
  • Gross Scheduled Income: 138000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 19082.0000 Square Feet
  • Net Operating Income: 124000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14000.00
  • Rent Control: Yes
  • Total Expenses: 7000.00

Tax Info

  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Elevate Acquisitions Llc
Bought by
11527 Sproule Ave Llc
Current Estimated Value
$1,557,567

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 17, 2024
Sold by
Vasilyan Tigran
Bought by
Elevate Acquisitions Llc
Seller's Agent
Michael Melik-Bakchian
LA Premier Realty, Inc.
Buyer's Agent
Gayane Karapetyan
Pinnacle Estate Properties
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$1,147,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2023
Sold by
Vasilyan Mamikon
Bought by
Vasilyan Tigran

Purchase Details

Listed on
Aug 23, 2017
Closed on
Nov 13, 2017
Sold by
Vasilyan Mari
Bought by
Vasilyan Mamikon
Seller's Agent
Victoria Mejia-Sanchez
No Firm Affiliation
Buyer's Agent
Vardges Paylevanyan
Century Properties
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$465,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 30, 2017
Sold by
Garrett Kimberly D
Bought by
Vasilyan Mamikon
Seller's Agent
Victoria Mejia-Sanchez
No Firm Affiliation
Buyer's Agent
Vardges Paylevanyan
Century Properties
List Price
$535,000
Sold Price
$490,000
Premium/Discount to List
-$45,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2000
Sold by
Garrett Kimberly D
Bought by
Garrett Kimberly D and Garrett Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
11527 Sproule Ave Llc $1,800,000 None Listed On Document
Elevate Acquisitions Llc $1,350,000 Lawyers Title
Vasilyan Tigran -- Accommodation/Courtesy Recordi
Vasilyan Mamikon -- Pacific Coast Title Company
Vasilyan Mamikon $490,000 Pacific Coast Title
Garrett Kimberly D -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elevate Acquisitions Llc $1,147,000
Previous Owner Vasilyan Mamikon $465,000
Previous Owner Garrett Kimberly D $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $1,350,000 0.0% $412 / Sq Ft
05/24/2024 05/24/24 Sold $1,350,000 -3.5% $412 / Sq Ft View Prior Sale
05/13/2024 05/13/24 For Sale $1,399,000 0.0% $427 / Sq Ft
05/07/2024 05/07/24 Price Changed $1,399,000 0.0% $427 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,399,000 0.0% $427 / Sq Ft
02/14/2024 02/14/24 For Sale $1,399,000 +3.6% $427 / Sq Ft
02/13/2024 02/13/24 Off Market $1,350,000 -- --
02/13/2024 02/13/24 For Sale $1,399,000 +185.5% $427 / Sq Ft
11/30/2017 11/30/17 Sold $490,000 -8.4% $329 / Sq Ft View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $535,000 -- $359 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,130 $1,377,000 $816,000 $561,000
2024 $12,130 $960,000 $576,000 $384,000
2023 $9,578 $754,486 $428,708 $325,778
2022 $9,144 $739,693 $420,302 $319,391
2021 $9,020 $725,190 $412,061 $313,129
2019 $6,901 $552,800 $399,840 $152,960
2018 $6,096 $490,000 $392,000 $98,000
2017 $2,491 $182,340 $108,056 $74,284
2016 $2,424 $178,766 $105,938 $72,828
2015 $2,392 $176,082 $104,347 $71,735
2014 $2,415 $172,633 $102,303 $70,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24044120

California Regional Multiple Listing Service (CRMLS)

APN: 2532-006-012

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