NOT LISTED FOR SALE

Estimated Value: $1,328,000 - $1,855,000

5 Beds
4 Baths
2,661 Sq Ft
$583/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $1,300,000 $489 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,196/month

17 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • 4-minute walk to Windsor Mini Park

About This Home

As of May 2021

Trust Standard Sale. First time on the market in over 50 years. Pride of ownership building located in a convenient and desirable neighborhood. Prime Prominent corner lot. The area consists of Single Family Residences, Multi family and Commercial along main roads. Access to major services, schools, recreation, restaurants and freeways are within close proximity. The units have been well maintained with significant upgrades. All units have private entrances. Light and Bright kitchens. Separate Dining areas and spacious living rooms. Original refinished hardwood floors. Washer & Dryer in the units. Outside spaces to enjoy. Three (3) garages and driveway parking. Very charming individual units.!! The vibe of quaint private houses. All the units are in good condition. 729 S. Verdugo RD. has been recently renovated. New paint, tile grout, refinished hardwood flooring, wood blinds, A/C window unit, Light fixtures / ceiling fan. New Stove / Refrigerator. Plumbing replaced under the house. 1388 is an upper unit with no common walls. Spacious bright open floor plan. Large pantry off the kitchen. Washer & dryer in the Private garage. Many upgrades including a Newer roof.
All the units have plenty of cabinets and closet space. This is an outstanding "PROPERTY" for your investment portfolio and a first time investor. Drive by only. Subject to Inspection with accepted offer. Please do not disturb tenants.

Last Agent to Sell the Property

Robert Crandlemire

REMAX Empower License #00633503 Listed on: 03/14/2021

REMAX Empower

Last Buyer's Agent

Martin Alvandi

Markarian Realty License #02065757

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,543 Sq Ft Lot
  • Lot Dimensions are 71x128
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in excellent condition
  • Corner Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,661 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 14
  • Tax Tract Number 6071
  • Assessor Parcel Number 5679030017

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,000
  • Water Sewer Expense $3,282
  • Operating Expense $3,282
  • Gross Income $79,380
  • Net Operating Income $75,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3282.00
  • Zoning: GLR4YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5679030017
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Pantry, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 488.54
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link, Excellent Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Electric: 220 Volts, Electricity - On Property, Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Lot 6500-9999, Level
  • Lot Size: 71X128
  • Lot Size Sq Ft: 7543.00
  • Lot Size Acres: 0.1732

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 630 Square Feet
  • Average2 Bed Area: 803 Square Feet
  • Gross Income: 79380.00
  • Gross Scheduled Income: 79380.00
  • Lot Size Area: 7543.0000 Square Feet
  • Net Operating Income: 75098.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 4282.00
  • Rent Control: Yes
  • Total Actual Rent: 6615.00
  • Total Expenses: 3282.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 6071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2005
Sold by
Doner Glen O and Doner Mildred E
Bought by
Doner Glen O and Doner Mildred E
Current Estimated Value
$1,506,197
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doner Glen O -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $1,300,000 +0.1% $489 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $1,298,500 -- $488 / 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 $15,366 $1,407,161 $1,082,432 $324,729
2024 $15,366 $1,379,570 $1,061,208 $318,362
2023 $15,017 $1,352,520 $1,040,400 $312,120
2022 $14,758 $1,326,000 $1,020,000 $306,000
2021 $1,286 $85,105 $47,085 $38,020
2020 $1,268 $84,234 $46,603 $37,631
2019 $1,246 $82,584 $45,690 $36,894
2018 $1,148 $80,966 $44,795 $36,171
2016 $1,066 $77,823 $43,056 $34,767
2015 $1,048 $76,655 $42,410 $34,245
2014 $1,071 $75,155 $41,580 $33,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21047670

California Regional Multiple Listing Service (CRMLS)

APN: 5679-030-017