NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,073,527

8 Beds
6 Baths
3,106 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2024

Last sale price $1,090,000 $351 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,956 / mo

131 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • No HOA
  • Property is near public transit
  • Stone Countertops
  • Park

About This Home

As of August 2024

INCOME PROPERTY/PRIME LOCATION/HEART OF SAN FERNANDO Welcome to 1237 Coronel in the revitalizing city of San Fernando. The pride of ownership is evident as soon as you pull up to this property with its curb appeal and how it has been diligently maintained. Upgrades include tankless water heater, copper plumbing, security cameras, washer/dryer in each unit and easy to maintain artificial grass. This 3-unit multifamily building is comprised of (2) 3 bedroom + 2 bath units, and (1) 2 bedroom + 2 bath unit. One of the 3-bedroom units have been completely renovated with brand new flooring throughout, fresh paint, white cabinetry in the kitchen, quartz counter tops, back splash, new appliances, closet doors...the list goes on. The units are currently occupied with long term tenants, providing immediate rental income. All units are month to month and are due for rental increases which the Seller has left for the new owner to determine. Conveniently located near the 210, 118 and 5 freeway, Providence Holy Cross Medical Center and O'Melveny Elementary, San Fernando Middle school, and San Fernando Senior High School. This is a great intro property for any investor looking to enter into the multifamily market or a great addition to a growing portfolio. Overall, the City of San Fernando has a range of opportunities for those interested in real estate, whether as homeowners, investors, or business owners.

Last Agent to Sell the Property

Deanna Rivetti

iRealty, Inc. Brokerage Phone: 661-733-6644 License #01268852 Listed on: 03/11/2024

Last Buyer's Agent

Peter Stamison

RE/MAX Gateway License #01416630

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,106 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • 10 Parking Spaces
  • 5 Attached Carport Spaces
  • Parking Available
  • Shared Driveway
  • Paved Parking
  • Assigned Parking

Utilities

  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 26 / 26
  • Tax Tract Number 320300
  • Assessor Parcel Number 2521021034
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills
  • Valley

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,208
  • Trash Expense $1,872
  • Water Sewer Expense $2,440
  • Operating Expense $8,020
  • Gross Income $75,240
  • Net Operating Income $67,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Water Sewer Expenses: 2440.00
  • Zoning: SFR3*
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2521021034
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Full, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 350.93

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport, Asphalt, Concrete, Paved, Shared Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1872.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Park, Sidewalks, Storm Drains, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 75240.00
  • Gross Scheduled Income: 75240.00
  • Insurance Expense: 2208.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 67220.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8020.00
  • Rent Control: No
  • Total Expenses: 8020.00

Tax Info

  • Tax Block: 26
  • Tax Census Tract: 3203.00
  • Tax Lot: 26
  • Tax Tract Number: 320300
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Jul 24, 2024
Sold by
Bought by
Seller's Agent
Deanna Rivetti
iRealty, Inc.
Buyer's Agent
Peter Stamison
RE/MAX Gateway
List Price
$1,195,000
Sold Price
$1,090,000
Premium/Discount to List
-$105,000
-8.79%
Views
144
Current Estimated Value
$1,048,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,368
Avg. Annual Appreciation
-2.05%
Original Mortgage
$817,500
Interest Rate
0.0689%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,500
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
0.026%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2018
Sold by
Bought by

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 7, 2017
Sold by
Bought by
Seller's Agent
Bill Peragine
Elite Homes Realty
Buyer's Agent
Analilia Valle
Pinnacle Estate Properties, Inc.
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$517,500
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,275
Interest Rate
0.0398%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by
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

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
$1,090,000 Orange Coast Title Company
-- None Listed On Document
-- None Listed On Document
-- First American Title Company O
-- First American Title Company O
-- First Amer Ttl Co Los Angele
-- First American Title Company O
-- Ticor Title
-- Accommodation/Courtesy Recordi
-- None Available
-- None Available
-- None Available
$690,000 Orange Coast Title Co Socal
$481,500 Fidelity Van Nuys
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $817,500
Previous Owner $867,000
Previous Owner $633,500
Previous Owner $633,500
Previous Owner $508,000
Previous Owner $517,500
Previous Owner $481,275
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $1,090,000 -0.5% $351 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $1,095,000 -2.7% $353 / Sq Ft
05/16/2024 05/16/24 Price Changed $1,125,000 -2.2% $362 / Sq Ft
04/22/2024 04/22/24 Price Changed $1,150,000 -3.8% $370 / Sq Ft
03/11/2024 03/11/24 For Sale $1,195,000 +73.2% $385 / Sq Ft
09/26/2017 09/26/17 Sold $690,000 0.0% $222 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $690,000 +43.4% $222 / Sq Ft
05/10/2012 05/10/12 Sold $481,275 -- $155 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $15,105 $1,090,000 $654,000 $436,000
2024 $11,312 $806,547 $424,984 $381,563
2023 $11,354 $798,580 $421,797 $376,783
2022 $10,850 $782,923 $413,527 $369,396
2021 $10,281 $747,386 $494,053 $253,333
2020 $10,594 $739,724 $488,988 $250,736
2019 $10,256 $725,220 $479,400 $245,820
2018 $9,935 $690,000 $460,000 $230,000
2016 $7,395 $510,649 $106,103 $404,546
2015 $7,356 $502,980 $104,510 $398,470
2014 $7,348 $493,128 $102,463 $390,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24047303

California Regional Multiple Listing Service (CRMLS)

APN: 2521-021-034

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