NOT LISTED FOR SALE

1238 Coronel St San Fernando, CA 91340

Estimated Value: $967,000 - $1,078,000

6 Beds
4 Baths
2,074 Sq Ft
$497/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $500,000 $241 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,320/month

102 Days on Market

Highlights

  • No Units Above
  • Valley Academy of Arts & Sciences Rated A-
  • No HOA

About This Home

As of November 2013

Prime San Fernando location close to shopping and transportation. Each unit with it's own Address, Gas & Electric Meter! All units have been totally remodeled with new laminated floors, granite counters in the kitchen, new cabinets, new bathrooms, recessed lights, light and open floor plans. LOW MAINTENANCE! LOW OVERHEAD! & NO RENT CONTROL HERE!!! Hurry on this one it will not last at this price!!!

Last Agent to Sell the Property

Livena Eliszewski

No Firm Affiliation License #00931706 Listed on: 07/18/2013

Last Buyer's Agent

Sofi Istimaratzian

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01236696

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,437

Year Built

  • Built in 1926

Lot Details

  • 5,005 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,074 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 35
  • Assessor Parcel Number 2521022007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,000
  • Gross Income $4,125
  • Net Operating Income $42,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,437

Year Built

Built in 1926

Lot Details

0

Listing Details

  • CapRate: 7.80
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 2521022007
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Price Per Square Foot: 241.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5005.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4125.00
  • Gross Scheduled Income: 49476.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5005.0000 Square Feet
  • Net Operating Income: 42076.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 15
  • Tax Tract Number: 35
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Avedikyan Ohannes Kulak and Avedikyan Seta Kulak
Bought by
Avedikyan Ohannes Kulak and Avedikyan Seta Kulak
Current Estimated Value
$1,030,889

Purchase Details

Listed on
Jul 18, 2013
Closed on
Nov 8, 2013
Sold by
Kulak Avedikyan Ohannes and Kulak Avedikyan Seta
Bought by
Kulak Avedikyan Ohannes and Kulak Avedikyan Seta
Seller's Agent
Livena Eliszewski
No Firm Affiliation
Buyer's Agent
Sofi Istimaratzian
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 22, 2013
Sold by
Palafox Davey
Bought by
Avedikyan Ohannes Kulak and Avedikyan Seta Kulak
Seller's Agent
Livena Eliszewski
No Firm Affiliation
Buyer's Agent
Sofi Istimaratzian
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$549,900
Sold Price
$500,000
Premium/Discount to List
-$49,900
-9.07%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Torres Phyllis K and Enrique Torres 2001 Trust
Bought by
Palafox Davey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,507
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2001
Sold by
Torres Enrique
Bought by
Enrique Torres 2001 Trust
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
Avedikyan Ohannes Kulak -- None Available
Kulak Avedikyan Ohannes -- Priority Title
Avedikyan Ohannes Kulak $500,000 None Available
Palafox Davey $335,000 Chicago Title Company
Palafox Davey -- Chicago Title Company
Enrique Torres 2001 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palafox Davey $329,393
Previous Owner Palafox Davey $326,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $500,000 -9.1% $241 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $549,900 -- $265 / 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 $8,437 $612,920 $367,754 $245,166
2024 $8,437 $600,903 $360,544 $240,359
2023 $8,388 $589,122 $353,475 $235,647
2022 $8,016 $577,572 $346,545 $231,027
2021 $7,795 $566,248 $339,750 $226,498
2020 $8,032 $560,443 $336,267 $224,176
2019 $7,776 $549,455 $329,674 $219,781
2018 $7,768 $538,682 $323,210 $215,472
2016 $7,462 $517,766 $310,660 $207,106
2015 $7,422 $509,990 $305,994 $203,996
2014 $7,421 $500,000 $300,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13141916

California Regional Multiple Listing Service (CRMLS)

APN: 2521-022-007