NOT LISTED FOR SALE

Estimated Value: $3,477,000

2 Beds
2 Baths
1,064 Sq Ft
$3,268/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2018

Last sale price $685,000 $644 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $20,594 / mo

62 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Back Yard

About This Home

As of June 2018

Location meets Opportunity! Owner will consider carrying a first trust deed with a sizeable down payment. First time on market in over 40 years in convenient area, near High School, Post Office, restaurants & shopping, Freeway close, this Rustic, Medium Density Residential Zoned Lot, has Two separate Structures; Assessor shows 1064 sq.ft. Appraisal measured over 3000 sq.ft. Buyer to verify. House has 2bed+Den/1.5ba (2/1 per assessor), Laundry Room w Hookups, rear Two Story structure has Garage & 2nd story as Storage/Fixer. Large Driveway offers RV or additional parking. Originally Built in 1924, Roof & interior upgraded in 2009 (per owner). PLEASE do NOT Disturb Tenants. Buyer to cooperate w Seller's 1031 Exchange w no cost to Buyer. Drive by Only. Showing after Accepted Offer, Contingent on Inspection. Buyer to Verify Permits & potential development, Seller & Agent make no warranties. Surrounded by Condos Apartments. Perfect opportunity to develop!

Last Agent to Sell the Property

Vito D'Ambrosio

No Firm Affiliation License #01251764 Listed on: 03/14/2018

No Firm Affiliation

Last Buyer's Agent

Vito D'Ambrosio

No Firm Affiliation License #01251764 Listed on: 03/14/2018

No Firm Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,026 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Irregular Lot
  • Back Yard

Home Design

  • 1,064 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 3021
  • Assessor Parcel Number 5680002031

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $775
  • Water Sewer Expense $900
  • New Taxes Expense $8,950
  • Operating Expense $10,625
  • Gross Income $21,684

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

8,026 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: R-2250
  • Property Type: Residential Income
  • Parcel Number: 5680002031
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 643.80

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Lot 6500-9999, Irregular Lot, Level
  • Lot Size Sq Ft: 8026.00

Multi Family

  • Gross Income: 21684.00
  • Gross Scheduled Income: 21684.00
  • Insurance Expense: 775.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 10625.00

Tax Info

  • New Taxes Expense: 8950.00
  • Tax Census Tract: 3021.03
  • Tax Lot: 24
  • Tax Tract Number: 3021.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Armkar Entertainment Inc
Bought by
Evropa Investment Llc
Current Estimated Value
$3,477,000

Purchase Details

Closed on
Sep 19, 2019
Sold by
Ayvazian Armen and Aivazian Armen
Bought by
Armkar Entertainment Inc

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 17, 2018
Sold by
Huff Agnes J and The Huff Family Trust
Bought by
Ayvazyan Armen
Seller's Agent
Vito D'Ambrosio
No Firm Affiliation
Buyer's Agent
Vito D'Ambrosio
White House Properties
List Price
$895,000
Sold Price
$685,000
Premium/Discount to List
-$210,000
-23.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2015
Sold by
Huff Agnes J and Huff Family Trust
Bought by
Huff Agnes J and Huff Family Trust

Purchase Details

Closed on
Jul 19, 2007
Sold by
Huff Agnes J
Bought by
Huff Richard B and Huff Agnes J

Purchase Details

Closed on
Jun 1, 2006
Sold by
Huff Agnes and Estate Of Gisella Karsa
Bought by
Huff Agnes
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Evropa Investment Llc -- None Listed On Document
Armkar Entertainment Inc -- None Available
Ayvazyan Armen $685,000 Lawyers Title
Huff Agnes J -- None Available
Huff Richard B -- Accommodation
Huff Agnes -- None Available
Huff Agnes -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayvazyan Armen $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $685,000 -23.5% $644 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $895,000 -- $841 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,922 $2,362,270 $1,399,865 $962,405
2024 $25,922 $2,315,952 $1,372,417 $943,535
2023 $25,336 $2,270,542 $1,345,507 $925,035
2022 $24,548 $2,226,023 $1,319,125 $906,898
2021 $24,126 $2,182,376 $1,293,260 $889,116
2020 $18,412 $1,664,640 $1,040,400 $624,240
2019 $17,962 $1,632,000 $1,020,000 $612,000
2018 $2,395 $208,361 $168,817 $39,544
2016 $2,278 $200,271 $162,262 $38,009
2015 $2,233 $197,264 $159,825 $37,439
2014 $2,228 $193,401 $156,695 $36,706
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18060881

California Regional Multiple Listing Service (CRMLS)

APN: 5680-002-031

Your Personal Tour Guide

Ask me questions while you tour the home.