NOT LISTED FOR SALE

Estimated Value: $1,495,000 - $1,779,000

4 Beds
3 Baths
2,397 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,470,000 $613 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,712/month

18 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Verdugo Woodlands Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3 Car Garage

About This Home

As of August 2022

3 Units * Located In The Highly Desired Verdugo Woodlands * Front Unit Is A 2 Bedroom / 1 Bathroom * Back 2 Units Are 1 Bedroom / 1 Bathroom Each * Totaling 2,397sqft * 7,974sqft Lot * 1952 Built * Community Laundry * Units have Hardwood Floors * A/C & Heat * 3 Car Private Garage * Seller May Carry

Last Agent to Sell the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 07/11/2022

Last Buyer's Agent

Varouj Madadian

Galaxy Real Estate Services License #01013113

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,974 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 14960
  • Assessor Parcel Number 5653020014
  • $308 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: GLR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5653020014
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 613.27

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7974.00
  • Lot Size Acres: 0.1831

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 1100 Square Feet
  • Gross Scheduled Income: 60816.00
  • Lot Size Area: 7974.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Range: 3
  • Rent Control: Yes
  • Total Actual Rent: 3.00

Tax Info

  • Tax Census Tract: 3008.00
  • Tax Lot: 44
  • Tax Tract Number: 14960
  • TaxOtherAnnualAssessmentAmount: 308.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 12, 2022
Sold by
Chu Eddie K and Chu Irene K
Bought by
Gerami Hossein
Seller's Agent
Artin Sarkissian
The Art In Real Estate
Buyer's Agent
Varouj Madadian
Galaxy Real Estate Services
List Price
$1,500,000
Sold Price
$1,470,000
Premium/Discount to List
-$30,000
-2%
Views
3
Current Estimated Value
$1,594,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,138
Avg. Annual Appreciation
2.43%
Original Mortgage
$750,000
Outstanding Balance
$715,824
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$878,314
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Gerami Hossein $1,470,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerami Hossein $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $1,470,000 -2.0% $613 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,500,000 -- $626 / 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 $16,613 $1,529,388 $1,040,400 $488,988
2024 $16,613 $1,499,400 $1,020,000 $479,400
2023 $16,234 $1,470,000 $1,000,000 $470,000
2022 $7,421 $654,360 $543,894 $110,466
2021 $7,289 $641,530 $533,230 $108,300
2019 $7,013 $622,504 $517,415 $105,089
2018 $6,863 $610,299 $507,270 $103,029
2016 $6,538 $586,602 $487,573 $99,029
2015 $6,407 $577,792 $480,250 $97,542
2014 $6,366 $566,475 $470,843 $95,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22145899

California Regional Multiple Listing Service (CRMLS)

APN: 5653-020-014