NOT LISTED FOR SALE

12518 San Fernando Rd Sylmar, CA 91342

Estimated Value: $1,681,000

6 Beds
4 Baths
2,110 Sq Ft
$797/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $505,000 $239 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $10,802/month

Highlights

  • 19,946 Sq Ft lot
  • Laundry Room
  • Central Heating

About This Home

As of October 2017

Attention all investors, developers, and contractors.Major fixer in the heart of Sylmar. 2 separate homes on a 19,945 square foot lot. Fix and save or live in one and rent the other unit. Cash only due to condition. Each home is 3 Bedrooms and 2 bathroom with it own large yard. Cash only. Bring all offers.

Last Agent to Sell the Property

Alex Mendoza

Pinnacle Estate Properties, Inc. License #01428037 Listed on: 07/25/2017

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Alex Mendoza

Pinnacle Estate Properties, Inc. License #01428037 Listed on: 07/25/2017

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,681

Year Built

  • Built in 1961

Lot Details

  • 0.46 Acre Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 2,110 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 5909
  • Assessor Parcel Number 2506035040

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,681

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 2506035040
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 239.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19946.00

Multi Family

  • 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: Yes

Tax Info

  • Tax Census Tract: 1070.20
  • Tax Lot: 11
  • Tax Tract Number: 5909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2019
Sold by
Mandoyan Construction Inc
Bought by
Mandoyan Alex and Mandoyan Anait
Current Estimated Value
$1,681,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,445,483
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,517

Purchase Details

Closed on
Aug 22, 2018
Sold by
Mandoyan Alex
Bought by
Mandoyan Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,594,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 26, 2017
Sold by
Arsaga Della
Bought by
Mandoyan Alex
Seller's Agent
Alex Mendoza
Pinnacle Estate Properties, Inc.
Buyer's Agent
Alex Mendoza
Pinnacle Estate Properties, Inc.
List Price
$585,000
Sold Price
$505,000
Premium/Discount to List
-$80,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Original Mortgage
$378,750
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Mandoyan Alex -- First American Title Company
Mandoyan Construction Inc -- Equity Title
Mandoyan Alex $505,000 Priority Title
Mandoyan Alex -- Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandoyan Alex $1,650,000
Previous Owner Mandoyan Construction Inc $1,594,000
Previous Owner Mandoyan Alex $378,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $505,000 -13.7% $239 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $585,000 -- $277 / 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 $22,681 $1,804,512 $721,804 $1,082,708
2024 $22,681 $1,769,130 $707,651 $1,061,479
2023 $22,260 $1,734,442 $693,776 $1,040,666
2022 $20,920 $1,700,434 $680,173 $1,020,261
2021 $20,636 $1,667,093 $666,837 $1,000,256
2019 $10,501 $514,998 $514,998 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alex Mendoza

    Pinnacle Estate Properties, Inc.

    (818) 974-7964

    3 in this area

    47 Total Sales

    Alex Mendoza
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17136083

California Regional Multiple Listing Service (CRMLS)

APN: 2506-035-042

California Los Angeles County Sylmar 91342

12518 San Fernando Rd, Sylmar, CA

This home is located at 12518 San Fernando Rd, Sylmar, CA 91342 since 25 July 2017 and is currently estimated at $1,681,000, approximately $796 per square foot. This property was built in 1961. 12518 San Fernando Rd is a home located in Los Angeles County with nearby schools including Dyer Street Elementary School, Olive Vista Middle School, and San Fernando Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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