$477,000
SOLD FEB 13, 2018
4 Beds
2 Baths
1,534 Sq Ft
6,004 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

2% Below List Price

8 Days on Market

About This Home

As of February 2020

Duplex Investment opportunity in Sylmar. Live in one and rent the other or buy and hold as rental income property. Hard to find duplex set up with two garages, each unit has it's own yard and feels like a house. There is additional carport parking in the back and the property is gated.

Last Agent to Sell the Property

Jeff Brandolino

Brandolino Group License #01259914 Listed on: 01/22/2018

Last Buyer's Agent

Maurice Mirmehdi

Pinnacle Estate Properties, Inc. License #01169091

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 1955

Lot Details

  • 6,004 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,534 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 150
  • Tax Tract Number 10585
  • Assessor Parcel Number 2505012012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $689
  • Water Sewer Expense $2,368
  • New Taxes Expense $3,342
  • Operating Expense $6,400
  • Gross Income $2,695
  • Net Operating Income $25,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,374

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 2367.80
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2505012012
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 310.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6004.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 767 Square Feet
  • Gross Income: 2695.32
  • Gross Scheduled Income: 32344.00
  • Insurance Expense: 689.46
  • Net Operating Income: 25944.08
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6399.76
  • Rent Control: Yes
  • Total Actual Rent: 2695.32
  • Total Expenses: 6399.76

Tax Info

  • New Taxes Expense: 3342.40
  • Tax Census Tract: 1070.10
  • Tax Lot: 150
  • Tax Tract Number: 10585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Castillo Michael A and Castillo Lourdes V
Bought by
Mlc Granada Hills Llc
Current Estimated Value
$807,031

Purchase Details

Listed on
Aug 8, 2019
Closed on
Feb 20, 2020
Sold by
Curiel Baudelio
Bought by
Castillo Michael A and Castillo Lourdes V
Seller's Agent
Maurice Mirmehdi
Pinnacle Estate Properties, Inc.
Buyer's Agent
Josephina Fajardo
Del Sol Realty
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$381,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 2, 2018
Sold by
Scv Property Holdings Llc
Bought by
Curiel Baudelio
Seller's Agent
Jeff Brandolino
Brandolino Group
Buyer's Agent
Maurice Mirmehdi
Pinnacle Estate Properties, Inc.
List Price
$489,000
Sold Price
$477,000
Premium/Discount to List
-$12,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Dec 22, 2011
Sold by
Ramirez Salvador Zepeda
Bought by
Tbb Valley Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,050
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Salazar Jesus J
Bought by
Ramirez Salvador Zepeda and Zepeda Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Grant Deed -- --
Grant Deed $545,000 Pacific Coast Title Company
Grant Deed $477,000 Orange Coast Title Company
Trustee Deed $204,400 Accommodation
Grant Deed $640,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $381,500 New Conventional
Previous Owner $169,000 Purchase Money Mortgage
Previous Owner $169,000 Unknown
Previous Owner $106,050 New Conventional
Previous Owner $128,000 Credit Line Revolving
Previous Owner $512,000 Purchase Money Mortgage
Previous Owner $121,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $545,000 -0.9% $356 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $550,000 +15.3% $359 / Sq Ft
02/13/2018 02/13/18 Sold $477,000 -2.5% $311 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $489,000 -- $319 / 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 $7,374 $596,032 $357,619 $238,413
2024 $7,374 $584,346 $350,607 $233,739
2023 $7,234 $572,889 $343,733 $229,156
2022 $6,903 $561,657 $336,994 $224,663
2021 $6,817 $550,645 $330,387 $220,258
2020 $6,298 $496,730 $187,272 $309,458
2019 $6,056 $487,000 $183,600 $303,400
2018 $3,461 $269,808 $161,168 $108,640
2016 $3,299 $258,890 $154,910 $103,980
2015 $3,253 $255,003 $152,584 $102,419
2014 $3,276 $250,009 $149,596 $100,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18015686

California Regional Multiple Listing Service (CRMLS)

APN: 2505-012-012