NOT LISTED FOR SALE

1310 Pico St San Fernando, CA 91340

Estimated Value: $740,000 - $899,000

3 Beds
2 Baths
1,094 Sq Ft
$757/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $620,000 $567 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,152/month

Highlights

  • No HOA
  • Home Office
  • Cooling System Mounted To A Wall/Window
  • Valley Academy of Arts & Sciences Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of April 2021

Charming duplex located in the heart of San Fernando city. (1) 2 BR + 1 bath and (1) 1 BR + 1 bath, both units have large private backyards and private laundry. 1-BR unit is now vacant and has been upgraded to include brand new laminate flooring, paint, and more. 1 bedroom unit also has separate office room, laundry room and storage space. Live in one and collect rent from the other, or rent both for a great investment property. 2 BR unit currently rented with long term tenant on month-to-month lease. Each unit has its own water, gas & electric meters and tenants currently pay all utilities; owner only pays PITI. Large lot with 2 BR unit having a detached garage. A short distance to Starbucks, CVS, Menchies, IHOP and more!

Last Agent to Sell the Property

Lori Dekermenjian

Equity Union License #02012463 Listed on: 03/04/2021

Equity Union

Last Buyer's Agent

Sara De La Torre

Pinnacle Estate Properties, Inc. License #01448306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,134

Year Built

  • Built in 1922

Lot Details

  • 4,999 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 1,094 Sq Ft Home
  • Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 5 / 27
  • Tax Tract Number 1
  • Assessor Parcel Number 2521014003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,134

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: SFR2*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2521014003
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1094.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 566.73
  • Room Type: Kitchen, Laundry, Living Room, Office

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4999.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4999.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 3203.00
  • Tax Lot: 5
  • Tax Tract Number: 1-860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 17, 2021
Sold by
Shah Khurrum Iqbal and Shah Dania Bashir
Bought by
Sanchez Omar
Seller's Agent
Lori Dekermenjian
Equity Union
Buyer's Agent
Sara De La Torre
Pinnacle Estate Properties, Inc.
List Price
$619,000
Sold Price
$620,000
Premium/Discount to List
$1,000
0.16%
Current Estimated Value
$828,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,266
Avg. Annual Appreciation
6.71%
Original Mortgage
$608,770
Outstanding Balance
$547,551
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$280,715

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 28, 2019
Sold by
Scv Property Holdings Llc
Bought by
Shah Khurrum Iqbal and Shah Dania Bashir
Seller's Agent
Jeff Brandolino
Brandolino Group
Buyer's Agent
Lori Dekermenjian
Equity Union
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$451,668
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2012
Sold by
Tbb Valley Investments Llc
Bought by
Scv Property Holdings Llc

Purchase Details

Closed on
Dec 14, 2011
Sold by
Espinoza Fernando Mejia
Bought by
Tbb Valley Investments Llc

Purchase Details

Closed on
Jan 5, 2010
Sold by
Espinoza Fernando Mejia
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 14, 2006
Sold by
Martinez Danny and Martinez Ariel
Bought by
Espinoza Fernando Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2004
Sold by
Martinez Maria Theresa
Bought by
Martinez Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Medina Raymond and Medina Alice B
Bought by
Martinez Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1994
Sold by
Martinez Felicia and Martinez Gilbert Zaragoza
Bought by
Medina Raymond and Medina Alice B

Purchase Details

Closed on
Feb 3, 1994
Sold by
Davalos Charles Richard
Bought by
Medina Raymond and Martinez Felicia
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
Sanchez Omar $620,000 Lawyers Title
Shah Khurrum Iqbal $460,000 Orange Coast Ttl Co Of Socal
Scv Property Holdings Llc -- None Available
Scv Property Holdings Llc -- None Available
Tbb Valley Investments Llc $187,600 Accommodation
Bank Of America National Association $239,700 Accommodation
Espinoza Fernando Mejia $502,272 Investors Title Company
Martinez Danny -- Investors Title Company
Martinez Danny -- First American Title Co Los
Martinez Danny $270,000 Fatcola
Medina Raymond -- World Title
Medina Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Omar $608,770
Previous Owner Shah Khurrum Iqbal $451,668
Previous Owner Martinez Danny $95,000
Previous Owner Espinoza Fernando Mejia $380,000
Previous Owner Martinez Danny $216,000
Closed Martinez Danny $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $620,000 +0.2% $567 / Sq Ft
03/04/2021 03/04/21 For Sale $619,000 +34.6% $566 / Sq Ft
03/26/2019 03/26/19 Sold $460,000 -5.2% $420 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $485,000 -- $443 / 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 $9,134 $671,106 $465,445 $205,661
2024 $9,134 $657,948 $456,319 $201,629
2023 $9,080 $645,048 $447,372 $197,676
2022 $8,674 $632,400 $438,600 $193,800
2021 $6,500 $474,060 $412,226 $61,834
2020 $6,699 $469,200 $408,000 $61,200
2019 $3,477 $211,678 $101,335 $110,343
2018 $3,046 $207,529 $99,349 $108,180
2016 $2,926 $199,472 $95,492 $103,980
2015 $2,911 $196,477 $94,058 $102,419
2014 $2,915 $192,629 $92,216 $100,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21044560

California Regional Multiple Listing Service (CRMLS)

APN: 2521-014-003