NOT LISTED FOR SALE

11711 Borden Ave Pacoima, CA 91331

Estimated Value: $802,000 - $958,000

6 Beds
3 Baths
1,748 Sq Ft
$496/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $486,000 $278 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,326/month

12 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of October 2015

Great investment property. You can lived in one and rent the other units. Its consider a duplex but has three units. Garage was converted to living space as a bedroom with bath as part of the house. Main house is a 3 bed and 1 bath. The second unit is a 2 bed and 1 bath. All units have permit but still do you "due diligence". Converted unit needs little TLC and other units are in great shape. property is "as is". Has plenty of Parking up to 9 spaces. MUST SEE Seller is motivated so bring your offers.

Last Agent to Sell the Property

Frank Lopez

No Firm Affiliation License #01887729 Listed on: 09/01/2015

Last Buyer's Agent

Daniel Hernandez

Excellence RE Real Estate License #01042373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,203

Year Built

  • Built in 1959

Lot Details

  • 8,330 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,748 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 10274
  • Assessor Parcel Number 2524010033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Valley

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,300
  • Trash Expense $65
  • Operating Expense $6,000
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,203

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Other Phone Description: 8184476913
  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 2524010033
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 278.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 65.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8330.00
  • Price Per Lot Square Foot: 58.34
  • Lot Size Acres: 0.1910

Multi Family

  • Gross Income: 3200.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 8330.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Lot: 65
  • Tax Tract Number: 10274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 5, 2015
Sold by
Campos Milagro Lorena
Bought by
Carranza Jose J
Seller's Agent
Frank Lopez
No Firm Affiliation
Buyer's Agent
Daniel Hernandez
Excellence RE Real Estate
List Price
$459,000
Sold Price
$486,000
Premium/Discount to List
$27,000
5.88%
Current Estimated Value
$867,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,363
Avg. Annual Appreciation
6.14%
Original Mortgage
$477,197
Outstanding Balance
$379,493
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$493,740

Purchase Details

Listed on
Sep 1, 2015
Closed on
Sep 21, 2015
Sold by
Lopez Gonzalo and Vargas Maria J
Bought by
Carranza Steve T and Carranza Jose J
Seller's Agent
Frank Lopez
No Firm Affiliation
Buyer's Agent
Daniel Hernandez
Excellence RE Real Estate
List Price
$459,000
Sold Price
$486,000
Premium/Discount to List
$27,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,197
Outstanding Balance
$379,493
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$493,740

Purchase Details

Closed on
Jan 24, 2006
Sold by
Lopez Gonzalo and Vargas Maria J
Bought by
Lopez Gonzalo and Vargas Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Vargas Maria and Lopez Gonzalo
Bought by
Lopez Gonzalo and Vargas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

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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
Carranza Jose J -- Equity Title Company
Cassanza Steve T -- Equity Title Company
Carranza Steve T $486,000 Equity Title Company
Lopez Gonzalo -- Stewart Title
Lopez Gonzalo -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza Steve T $9,625
Open Carranza Steve T $477,197
Previous Owner Lopez Gonzalo $235,042
Previous Owner Lopez Gonzalo $227,000
Previous Owner Lopez Gonzalo $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $486,000 +5.9% $278 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $459,000 -- $263 / 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 $7,203 $575,319 $362,238 $213,081
2024 $7,203 $564,039 $355,136 $208,903
2023 $7,069 $552,980 $348,173 $204,807
2022 $6,749 $542,139 $341,347 $200,792
2021 $6,663 $531,509 $334,654 $196,855
2020 $6,727 $526,060 $331,223 $194,837
2019 $6,470 $515,746 $324,729 $191,017
2018 $6,331 $505,634 $318,362 $187,272
2016 $6,046 $486,000 $306,000 $180,000
2015 $3,199 $254,022 $133,473 $120,549
2014 $3,221 $249,047 $130,859 $118,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15193836

California Regional Multiple Listing Service (CRMLS)

APN: 2524-010-033