NOT LISTED FOR SALE

Estimated Value: $1,563,000 - $1,602,799

12 Beds
8 Baths
4,553 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $930,000 $204 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,433/month

240 Days on Market

About This Home

As of July 2016

Remodeled 8 units in Los Angeles consists of 6 units 1 bedrooms 1 bath and 2 units 2 bedroom 1 bath , the kitchens have granite counter tops , copper piping throughout the building new roof

Last Agent to Sell the Property

Shahe Seuylemezian

Remax Dream Properties License #01400433 Listed on: 11/03/2015

Remax Dream Properties

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 9,615 Sq Ft Lot
  • On-Hand Building Permits

Home Design

  • Split Level Home
  • Shingle Roof

Listing and Financial Details

  • Tenant pays for water, trash collection
  • Assessor Parcel Number 5117005020

Community Details

Overview

  • Not Applicable 1007242 Subdivision

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Water Sewer Expense $9,000
  • Net Operating Income $62,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 5.73
  • Subdivision Name Other: Not Applicable - 1007242
  • Water Sewer Expenses: 9000.00
  • Zoning: LAM1
  • Property Condition: Updated/Remodeled, Building Permit
  • Property Type: Residential Income
  • Parcel Number: 5117005020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Multi/Split

Exterior Features

  • Roof: Shingle

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9615.00

Rental Info

  • Tenant Pays: Water, Trash Collection

Multi Family

  • Gross Multiplier: 15.28
  • Gross Scheduled Income: 71980.00
  • Net Operating Income: 62980.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Total Actual Rent: 84480.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Jul 15, 2016
Sold by
Gonzalez Norberto
Bought by
Monark Lp
Seller's Agent
Shahe Seuylemezian
Remax Dream Properties
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$930,000
Sold Price
$930,000
Current Estimated Value
$1,582,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,900
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Gonzalez Anastacia
Bought by
Gonzalez Norberto

Purchase Details

Closed on
Apr 27, 2006
Sold by
Salvy Corp
Bought by
Superior Real Estate Services Inc

Purchase Details

Closed on
Mar 18, 2005
Sold by
Mejia Raul Antonio
Bought by
Salvy Corp

Purchase Details

Closed on
Jan 7, 2004
Sold by
Cervantes Jesus
Bought by
Mejia Raul Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1995
Sold by
Nava Maria E
Bought by
Cervantes Jesus

Purchase Details

Closed on
Nov 16, 1994
Sold by
Finzi David B
Bought by
Nava Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1994
Sold by
Topa Thrift & Loan Assn
Bought by
Finzi David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1994
Sold by
Topa Real Estate Lending Inc
Bought by
Topa Thrift & Loan Assn

Purchase Details

Closed on
Jun 3, 1993
Sold by
Kacev Emanuel
Bought by
Guzman Fernando
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Monark Lp $930,000 Title 365
Gonzalez Norberto -- None Available
Superior Real Estate Services Inc $75,000 None Available
Salvy Corp -- --
Mejia Raul Antonio $449,000 Ort
Cervantes Jesus $75,000 Progressive Title Company
Nava Maria E $165,000 North American Title Company
Finzi David B $125,000 North American Title Company
Topa Thrift & Loan Assn $234,848 --
Guzman Fernando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Raul Antonio $321,300
Previous Owner Finzi David B $110,000
Closed Finzi David B $20,000
Closed Mejia Raul Antonio $60,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $930,000 0.0% $204 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $930,000 -- $204 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $13,963 $1,079,339 $700,991 $378,348
2024 $13,963 $1,058,177 $687,247 $370,930
2023 $13,711 $1,037,429 $673,772 $363,657
2022 $12,769 $1,017,088 $660,561 $356,527
2021 $12,599 $997,146 $647,609 $349,537
2019 $12,237 $967,571 $628,401 $339,170
2018 $12,018 $948,600 $616,080 $332,520
2016 $2,608 $169,006 $163,558 $5,448
2015 $2,578 $166,469 $161,102 $5,367
2014 $2,643 $163,209 $157,947 $5,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315010919

Pasadena-Foothills Association of REALTORS®

APN: 5117-005-020