NOT LISTED FOR SALE

Estimated Value: $1,298,000 - $2,648,000

8 Beds
6 Baths
3,389 Sq Ft
$524/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,400,000 $413 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,189/month

66 Days on Market

About This Home

As of September 2022

Prime Location, 4 units, 3 of which have been renovated, great opportunity for beginner investor in multi family units

Last Agent to Sell the Property

Aderineh Saralou

Realty Source Incorporated License #01973312 Listed on: 06/14/2022

Last Buyer's Agent

Andrea Megerdichian

Luxury Collective License #01975185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,821

Year Built

  • Built in 1919

Lot Details

  • 5,997 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 3,389 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2
  • Assessor Parcel Number 5544034005
  • $512 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $9,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,821

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Price Per Unit: 362500
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5544034005
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 413.10

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5997.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 9200.00
  • Gross Scheduled Income: 9200.00
  • Lot Size Area: 5997.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1911.10
  • Tax Lot: 33
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 512.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
1413 N Kingsley Llc
Bought by
Tran-Nguyen Trust and Tran
Current Estimated Value
$1,640,149

Purchase Details

Closed on
Feb 24, 2023
Sold by
1413 N Kingsley Llc
Bought by
1413 N Kingsley Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 16, 2022
Sold by
Mary Kaladzhyan
Bought by
1413 N Kingsley Llc
Seller's Agent
Aderineh Saralou
Realty Source Incorporated
Buyer's Agent
Andrea Megerdichian
Luxury Collective
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 14, 2022
Sold by
Melkon Melkonyan
Bought by
Kaladzhyan Mary
Seller's Agent
Aderineh Saralou
Realty Source Incorporated
Buyer's Agent
Andrea Megerdichian
Luxury Collective
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
2

Purchase Details

Closed on
Aug 2, 2019
Sold by
Kaladzhyan Mary
Bought by
Melkonyan Melkon

Purchase Details

Closed on
Feb 20, 2018
Sold by
Meikonyan Melkon
Bought by
Kaladzhyan Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2014
Sold by
Kaladzhyan Mariam
Bought by
Melkonyan Melkon

Purchase Details

Closed on
Jul 1, 2004
Sold by
Melkonyan Khoren
Bought by
Kaladzhyan Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Manukyan Ripsik
Bought by
Kaladzhyan Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,475
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Manukyan Ripsik
Bought by
Kaladzhyan Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,475
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Keshishyan Benjamin
Bought by
Manukyan Ripsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,475
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2003
Sold by
Akopian Anait
Bought by
Manukyan Ripsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,475
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Kirakosian Usik
Bought by
Akopian Anait

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.99%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Panosian Karlen and Panosian Amalia
Bought by
Akopian Anait

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.99%
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
Tran-Nguyen Trust -- None Listed On Document
1413 N Kingsley Llc -- Old Republic Title Company
1413 N Kingsley Llc $1,400,000 Chicago Title
Kaladzhyan Mary -- Chicago Title
Melkonyan Melkon -- None Available
Kaladzhyan Mary -- Lawyers Title Company
Melkonyan Melkon -- Accommodation
Kaladzhyan Mariam -- Chicago Title Co
Kaladzhyan Mariam -- --
Kaladzhyan Mariam -- --
Manukyan Ripsik -- Gateway Title Company
Manukyan Ripsik $530,000 Gateway Title Company
Akopian Anait -- Equity Title Company
Akopian Anait $435,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1413 N Kingsley Llc $801,000
Previous Owner Kaladzhyan Mary $980,000
Previous Owner Kaladzhyan Mariam $504,000
Previous Owner Kaladzhyan Mariam $495,000
Previous Owner Kaladzhyan Mariam $47,475
Previous Owner Manukyan Ripsik $392,000
Previous Owner Akopian Anait $391,500
Previous Owner Panosian Karlen $218,800
Closed Manukyan Ripsik $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,400,000 -3.4% $413 / Sq Ft
06/14/2022 06/14/22 For Sale $1,450,000 -- $428 / 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 $17,821 $1,468,800 $1,101,600 $367,200
2024 $17,821 $1,440,000 $1,080,000 $360,000
2023 $17,387 $1,400,000 $1,050,000 $350,000
2022 $8,968 $723,327 $409,431 $313,896
2021 $8,846 $709,145 $401,403 $307,742
2020 $8,930 $701,875 $397,288 $304,587
2019 $8,588 $688,114 $389,499 $298,615
2018 $8,482 $674,622 $381,862 $292,760
2016 $8,087 $648,428 $367,035 $281,393
2015 $7,972 $638,689 $361,522 $277,167
2014 $8,020 $626,179 $354,441 $271,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22128363

California Regional Multiple Listing Service (CRMLS)

APN: 5544-034-005