NOT LISTED FOR SALE

14968 Paddock St Sylmar, CA 91342

Estimated Value: $873,000 - $1,032,000

6 Beds
4 Baths
2,403 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $470,000 $196 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,489/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Open Patio
  • 1-Story Property
  • Ground Level Unit
  • Front Yard

About This Home

As of October 2015

Great Opportunity to enhance this Income Producing Property. There are three separate residential units on a large lot. All units are individually metered and all have their own back yard and plenty of uncovered parking . Located on a great street in Sylmar and very close to San Fernando Road. The property was originally built as a four unit project converted to three units. This is an amazing opportunity for a homeowner or investor. Please drive by only and kindly do not disturb tenants.

Last Agent to Sell the Property

Jackie Murguia

Berkshire Hathaway HomeServices California Properties License #01372853 Listed on: 08/22/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jackie Murguia

Berkshire Hathaway HomeServices California Properties License #01372853 Listed on: 08/22/2015

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,001

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Front Yard

Home Design

  • Traditional Architecture
  • Fixer Upper

Interior Spaces

  • 2,403 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • 6 Carport Spaces
  • Driveway

Utilities

  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Additional Features

  • Open Patio
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2604-033-016

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,001

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 2403
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Bedrooms: 6
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 228.46

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Number Patio: 3
  • Patio: Patio Open
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 6
  • Other Spaces: 6
  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Water Heater Unit
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Sewer: In Street
  • Water: District

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 34983
  • Assessed Land Value: 26578
  • Assessor Parcel Number: 2604-033-016
  • Geocode Override: No
  • Lot Description: Front Yard
  • Lot Location: Flats
  • Lot Size Area: 11339

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 36780.00
  • Land Lease Expiration Year: 2050
  • Land Lease Type: Month to Month
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 2
  • Rent Control: YES
  • Total Annual Expense: 3000
  • Type Of Units: Detached
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Gutierrez Encarnacion
Bought by
14968 Paddock Trust and Gutierrez
Current Estimated Value
$925,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$531,238
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$394,117

Purchase Details

Listed on
Aug 22, 2015
Closed on
Sep 23, 2015
Sold by
Worley Regis C and The Worley Llving Trust
Bought by
Gutierrez Encarnacion and The 14968 Paddock Trust
Seller's Agent
Jackie Murguia
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jackie Murguia
Berkshire Hathaway HomeServices California Properties
List Price
$549,000
Sold Price
$470,000
Premium/Discount to List
-$79,000
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$352,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1998
Sold by
Worley James L and Worley Florence M
Bought by
Worley James L and Worley Florence M
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
14968 Paddock Trust -- New Title Company Name
Gutierrez Encarnacion -- Fidelity National Title
Gutierrez Encarnacion $470,000 Chicago Title Company
Worley James L -- --
Worley James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Encarnacion $595,000
Previous Owner Gutierrez Encarnacion $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $470,000 -14.4% $196 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $549,000 -- $228 / Sq Ft
Source: The MLS

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 $7,001 $556,378 $333,827 $222,551
2024 $7,001 $545,470 $327,282 $218,188
2023 $6,871 $534,775 $320,865 $213,910
2022 $6,561 $524,290 $314,574 $209,716
2021 $6,473 $514,010 $308,406 $205,604
2020 $6,533 $508,740 $305,244 $203,496
2019 $6,285 $498,765 $299,259 $199,506
2018 $6,196 $488,987 $293,392 $195,595
2016 $5,939 $470,000 $282,000 $188,000
2015 $1,100 $62,790 $27,109 $35,681
2014 $1,134 $61,561 $26,578 $34,983
Source: Public Records

Agents Affiliated with this Home

  • Jackie Murguia

    Seller's Agent in 2015

    Jackie Murguia

    Berkshire Hathaway HomeServices California Properties

    (818) 522-1807

    21 Total Sales

    Jackie Murguia
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Map

Source: The MLS

MLS Number: 15-936241

The MLS

APN: 2604-033-016

California Los Angeles County Sylmar 91342

14968 Paddock St, Sylmar, CA

This home is located at 14968 Paddock St, Sylmar, CA 91342 since 22 August 2015 and is currently estimated at $925,355, approximately $385 per square foot. This property was built in 1959. 14968 Paddock St is a home located in Los Angeles County with nearby schools including El Dorado Elementary School, Olive Vista Middle School, and San Fernando Senior High School.

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