NOT LISTED FOR SALE
5 Beds
3 Baths
15,000 Sq Ft
0.44 Acres

Last Sold October 25, 2016

Last sale price $740,000 $49 Per Sq Ft

74 Days on Market

About This Home

As of October 2016

An excellent investor opportunity. 17 unit two story complex. Divided into two buildings: 1560 Ellen Ct with eight 2 Bed 1 Bath units and one 3 Bed 2 Bath manager suite, 1540 Ellen Ct with eight 2 Bed 1 Bath units. Both buildings have carports with eight parking stalls each. The complex is located approximately one block from Golden Valley Highschool and the Rancho San Miguel market. The majority of the units have undergone significant refurbishment over the past three years: tile flooring, paint and appliance updates. Currently fulled occupied with the exception of two units currently undergoing refurbishment. Laundry room (currently closed) and large storage garage also onsite. Call for an appointment to view.

Last Agent to Sell the Property

Brandon Ruscoe

BHGRE Everything Real Estate License #01825768 Listed on: 03/22/2016

BHGRE Everything Real Estate

Last Buyer's Agent

Rick Osorio

Century 21 Select Real Estate License #01295751

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.44 Acre Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • 15,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 035150039000

Community Details

Overview

  • 2 Buildings
  • 17 Units

Building Details

  • 15 Leased Units
  • 17 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 035150039000
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 49.33

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 19349.00
  • Price Per Lot Square Foot: 41.29

Multi Family

  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 15
  • Number Of Units Total: 17
  • Rent Control: No

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $740,000 -7.4% $49 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $799,000 -- $53 / 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 $4,895 $456,966 $69,632 $387,334
2024 $4,895 $448,837 $68,267 $380,570
2023 $4,782 $440,532 $66,929 $373,603
2022 $4,760 $431,897 $65,617 $366,280
2021 $4,757 $422,599 $64,331 $358,268
2020 $4,715 $418,860 $63,672 $355,188
2019 $4,627 $411,159 $62,424 $348,735
2018 $4,494 $403,457 $61,200 $342,257
2017 $4,384 $392,200 $60,000 $332,200
2016 $3,518 $305,120 $41,421 $263,699
2015 $3,414 $300,563 $40,799 $259,764
2014 $3,317 $294,710 $40,000 $254,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16061081

California Regional Multiple Listing Service (CRMLS)