NOT LISTED FOR SALE

12138 Rosecrans Ave Norwalk, CA 90650

Estimated Value: $604,000 - $647,000

6 Beds
4 Baths
13,950 Sq Ft
$45/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2012

Last sale price $1,566,000 $112 Per Sq Ft

Current estimated payment $3,744 / mo

107 Days on Market

Highlights

  • Built in 2008 | Newly Remodeled
  • Corner Lot
  • Recessed Lighting
  • Tudor Architecture
  • Double Pane Windows
  • Laundry Room

About This Home

As of May 2012

Built new in 2008 by Owner as Separate Condos, each with a Separate Assessor's Parcel Number, these 3 Bedroom/2.5 Bath Townhowmes present a Great Investement Opportunity as Rental and/or Individual Re-Sales in the Future. Five of the Nine Units have been rented but the other 4 have never been occupied and are Still Brand New. Seller is in the process of getting these remaining units rented. Fully Carpeted with Open Floorplans, Sparkling Kitchens with Range/Ovens and Granite Counters, Spacious 'Great-Rooms' with Fireplaces, Dual Paned Windows, Tankless Water Heaters, Master Suites, Crown Moldings, Central Air Conditioning, Individual Laundry HookUps, Noise-Reduction Architecture, Attached Double Garages with Roll Up Doors & Gated Entry.

Last Agent to Sell the Property

Dale Jervis

Century 21 Jervis & Associates License #00849695 Listed on: 12/12/2011

Century 21 Jervis & Associates

Last Buyer's Agent

Leonard Manriquez

ALB Commercial Capital License #01211953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 20,025 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Controlled Entrance

Home Design

  • Tudor Architecture
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 13,950 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 65960
  • Assessor Parcel Number 8072017033

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $3,600
  • Insurance Expense $5,400
  • Trash Expense $1,260
  • Water Sewer Expense $7,200
  • New Taxes Expense $26,340
  • Gross Income $17,355
  • Net Operating Income $154,430

Property Details

Home Type

Multi-Family

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 7.04
  • Improvements Percent: 94.00
  • View: No
  • Water Sewer Expenses: 7200.00
  • Architectural Style: Tudor
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 8072017033
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 112.26
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Block, Slab
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Concrete, Garage - Two Door
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Range, Tankless Water Heater, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 1260.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Value Percent: 7.00
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 20025.00
  • Lot Size Acres: 0.4600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1542
  • Electric Expense: 1200.00
  • Gross Income: 17355.00
  • Gross Multiplier: 10.54
  • Gross Scheduled Income: 208260.00
  • Gross Spendable Income: 135652.00
  • Insurance Expense: 5400.00
  • Lot Size Area: 20025.0000 Square Feet
  • Net Operating Income: 154430.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Number With Carpet: 9
  • Number With Dishwasher: 9
  • Number With Disposal: 9
  • Operating Expense: 45500.00
  • Operating Expense Percent: 30.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 26340.00
  • Tax Area: 13242
  • Tax Lot: 0.
  • Tax Tract Number: 65960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2013
Sold by
Jogani Tarun F and Jogani Chandra T
Bought by
Aashish Investment Group Llc
Current Estimated Value
$630,180

Purchase Details

Listed on
Dec 12, 2011
Closed on
Apr 24, 2012
Sold by
Chahine Rita H and Chahine Charbel George
Bought by
Jogani Tarun F and Jogani Chandra T
Seller's Agent
Dale Jervis
Century 21 Jervis & Associates
Buyer's Agent
Leonard Manriquez
ALB Commercial Capital
List Price
$2,195,000
Sold Price
$1,566,000
Premium/Discount to List
-$629,000
-28.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Aashish Investment Group Llc -- None Available
Jogani Tarun F $1,566,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $1,566,000 -28.7% $112 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $2,195,000 -- $157 / 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 $3,994 $283,217 $113,287 $169,930
2024 $3,838 $277,665 $111,066 $166,599
2023 $3,761 $272,222 $108,889 $163,333
2022 $3,645 $266,885 $106,754 $160,131
2021 $3,590 $261,653 $104,661 $156,992
2019 $3,488 $253,894 $101,557 $152,337
2018 $3,372 $248,916 $99,566 $149,350
2016 $3,216 $239,251 $95,700 $143,551
2015 $3,188 $235,658 $94,263 $141,395
2014 $2,973 $231,043 $92,417 $138,626
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1107362

California Regional Multiple Listing Service (CRMLS)

APN: 8072-017-033

Your Personal Tour Guide

Ask me questions while you tour the home.