NOT LISTED FOR SALE

1324 Celis St San Fernando, CA 91340

Estimated Value: $1,019,432 - $1,368,000

8 Beds
4 Baths
2,992 Sq Ft
$393/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $500,000 $167 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,949/month

60 Days on Market

About This Home

As of October 2013

DRIVE BY ONLY * DO NOT DISTURB TENANTS * GREAT INCOME PROPERTY !! LOCATED WALKING DISTANCE TO SAN FERNANDO MALL, CHURCHES, MARKETS, PARK, ETC. * TENANTS LOVE THE LOCATION * NEWER CARPET, FRESH PAINT IN ALL UNITS * INTERIOR INSPECTION WITH ACCEPTED OFFER. NO RENT CONTROL IN SAN FERNANDO.

Last Agent to Sell the Property

LUCY HERRERA

San Fernando Realty, Inc. License #00904643 Listed on: 07/19/2013

Last Buyer's Agent

LUCY HERRERA

San Fernando Realty, Inc. License #00904643 Listed on: 07/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,566

Year Built

  • Built in 1974

Lot Details

  • 4,992 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,992 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 10
  • Tax Tract Number 1404
  • Assessor Parcel Number 2521015028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Gardener Expense $600
  • Insurance Expense $1,848
  • Water Sewer Expense $3,096
  • New Taxes Expense $7,500
  • Gross Income $2,850
  • Net Operating Income $20,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,566

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3096.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2521015028
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 167.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • 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: 4992.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 1848.00
  • Lot Size Area: 4992.0000 Square Feet
  • Net Operating Income: 20804.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Number With Range: 3
  • Operating Expense: 1029.00
  • Rent Control: No
  • Total Actual Rent: 2850.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 10
  • Tax Tract Number: 01404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Oct 4, 2013
Sold by
Lopez Steve R and Ledesma Susan C
Bought by
Musakhanyan Varand
Seller's Agent
LUCY HERRERA
San Fernando Realty, Inc.
Buyer's Agent
LUCY HERRERA
San Fernando Realty, Inc.
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Current Estimated Value
$1,175,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,858
Avg. Annual Appreciation
7.35%
Original Mortgage
$375,000
Outstanding Balance
$284,002
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$882,691

Purchase Details

Closed on
Aug 16, 2013
Sold by
Lopez Elaine Darlene and Lopez Steve R
Bought by
Lopez Steve R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$284,002
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$882,691

Purchase Details

Closed on
Aug 9, 2013
Sold by
Ledesma Joe Luis and Ledesma Susan C
Bought by
Ledesma Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$284,002
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$882,691

Purchase Details

Closed on
Jul 29, 2009
Sold by
Lopez Steve R and The Manuel C & Lupe R Lopez Li
Bought by
Lopez Steve R and Ledesma Susan C

Purchase Details

Closed on
Dec 6, 2006
Sold by
Lopez Manuel C and Lopez Lupe R
Bought by
Lopez Manuel C and Lopez Lupe R
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Musakhanyan Varand $500,000 Ticor Title Co
Lopez Steve R -- Ticor Title Co
Ledesma Susan C -- Ticor Title Co
Lopez Steve R -- None Available
Lopez Manuel C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musakhanyan Varand $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 For Rent -- -- --
10/18/2013 10/18/13 Sold $500,000 -16.7% $167 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $600,000 -- $201 / 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 $8,566 $612,920 $367,754 $245,166
2024 $8,566 $600,903 $360,544 $240,359
2023 $8,517 $589,122 $353,475 $235,647
2022 $8,144 $577,572 $346,545 $231,027
2021 $7,917 $566,248 $339,750 $226,498
2019 $7,896 $549,455 $329,674 $219,781
2018 $7,820 $538,682 $323,210 $215,472
2016 $7,501 $517,766 $310,660 $207,106
2015 $7,461 $509,990 $305,994 $203,996
2014 $7,460 $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: SR13144489

California Regional Multiple Listing Service (CRMLS)

APN: 2521-015-028