NOT LISTED FOR SALE

Estimated Value: $1,378,000 - $1,707,080

6 Beds
3 Baths
2,883 Sq Ft
$548/Sq Ft Est. Value

Last Sold January 18, 2021

Last sale price $1,275,000 $442 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,035/month

62 Days on Market

Highlights

  • Guest House
  • Horse Property
  • 1.43 Acre Lot
  • Community Stables
  • RV Access or Parking
  • Maid or Guest Quarters

About This Home

As of January 2021

Unique Horse Property offering 12 horse stable rentals and three-residential well-maintained rental income units with a land size of 62,290 sq. ft. Exceptional opportunity for a developer to develop homes in the future while collecting rental income in the interim. Property originally built to train horses and comes with two training horse rings and electrical horse training circle. Land is flat and has two street entrances (Polk for all tenant entrances and Leedy Ave., for horses). Stables offer areas for washing horses, several rooms to store horse equipment or hay. Truly a one-of-a-kind horse property not available in the area. The residential income units offer a front home with 4 bedrooms, 2 bath, guest home 1 bedroom and 1 bath, and a maid quarters on top of the horse stables (kitchen, bath, and bedroom). Presently all the stables and both homes are rented. Property offers a variety of options for different buyers. Presently large lots in the Sylmar area are being converted to new homes as a result this lot offers many options. Near the mountain trails and businesses that offer many services; but, far enough to be quiet and enjoyable to live or add to an investment rental portfolio.

Last Agent to Sell the Property

Victor Vicia

1st Realty License #00934882 Listed on: 10/01/2020

Last Buyer's Agent

Paquita Engle

Berkshire Hathaway HomeService License #01143671

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,109

Year Built

  • Built in 1946

Lot Details

  • 1.43 Acre Lot
  • Landscaped
  • Value in Land
  • Property is zoned LAA1

Parking

  • 12 Car Attached Garage
  • Parking Available
  • Circular Driveway
  • RV Access or Parking
  • Community Parking Structure

Interior Spaces

  • 2,883 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Attic

Kitchen

  • Gas Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Converted Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Homes

  • Two Homes on a Lot
  • Guest House

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Horse Property
  • Property is near public transit
  • Horse Property Improved

Listing and Financial Details

  • Legal Lot and Block 15 / 15
  • Tax Tract Number 16
  • Assessor Parcel Number 2503003007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,109

Year Built

Built in 1946

Lot Details

0

Parking

12

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAA1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2503003007
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2883.00 Square Feet
  • Stories: 1
  • Entry Location: Gate
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 442.25
  • Room Type: Attic, Converted Bedroom, Guest/Maid's Quarters, Laundry, Main Floor Master Bedroom, Master Bathroom, Utility Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Other Structures: Guest House, Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Community Structure, Driveway, RV Access/Parking
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Stable(s)

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Horse Property Improved, Landscaped, Near Public Transit, Ranch, Value In Land, Walkstreet
  • Lot Size Sq Ft: 62282.00
  • Lot Size Acres: 1.4298

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 62282.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 1060.10
  • Tax Lot: 15
  • Tax Tract Number: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 15, 2020
Sold by
Tafur Mauricio Miranda
Bought by
Ramirez Sherley Lopez
Seller's Agent
Victor Vicia
1st Realty
Buyer's Agent
Paquita Engle
Berkshire Hathaway HomeService
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Current Estimated Value
$1,580,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,020
Avg. Annual Appreciation
5.45%
Original Mortgage
$675,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2020
Sold by
Folgar Maria J and The Maria J Folgar Living Trus
Bought by
Ramirez Sherley Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2014
Sold by
Folgar Maria
Bought by
Folgar Maria J

Purchase Details

Closed on
Sep 27, 2006
Sold by
Folgar Tony
Bought by
Folgar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Garcia Ignacio
Bought by
Folgar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Topping Gabrielle
Bought by
Garcia Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2002
Sold by
Gilbert Rochelle Mellon
Bought by
Topping Gabrielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Gilbert Paul
Bought by
Gilbert Paul and Mellon Gilbert Rochelle
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
Ramirez Sherley Lopez -- Usa National Title Co
Ramirez Sherley Lopez $1,275,000 Usa National Title Co
Folgar Maria J -- None Available
Folgar Maria -- Landsafe Title
Folgar Maria $1,240,000 Landsafe Title
Garcia Ignacio $875,000 Fatcola
Topping Gabrielle $650,000 --
Gilbert Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Sherley Lopez $675,000
Previous Owner Ramirez Sherley Lopez $675,000
Previous Owner Folgar Maria $825,000
Previous Owner Folgar Maria $812,000
Previous Owner Garcia Ignacio $100,000
Previous Owner Garcia Ignacio $700,000
Previous Owner Topping Gabrielle $35,000
Previous Owner Topping Gabrielle $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $1,275,000 -1.8% $442 / Sq Ft
01/04/2021 01/04/21 Price Changed $1,299,000 0.0% $451 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,299,000 -- $451 / 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 $17,109 $1,380,100 $974,188 $405,912
2024 $17,109 $1,353,040 $955,087 $397,953
2023 $16,787 $1,326,510 $936,360 $390,150
2022 $16,077 $1,300,500 $918,000 $382,500
2021 $18,948 $1,547,188 $1,113,978 $433,210
2020 $19,137 $1,531,324 $1,102,556 $428,768
2019 $16,408 $1,326,000 $959,000 $367,000
2018 $11,758 $950,000 $687,100 $262,900
2016 $10,664 $865,000 $625,600 $239,400
2015 $10,666 $865,000 $625,600 $239,400
2014 $9,171 $720,000 $520,700 $199,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20206485

California Regional Multiple Listing Service (CRMLS)

APN: 2503-003-007