NOT LISTED FOR SALE

1802 E Avenue j9 Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $852,000 - $1,078,129

8 Beds
9 Baths
4,553 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $550,000 $121 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,736/month

25 Days on Market

Highlights

  • No Units Above
  • Den
  • Cul-De-Sac
  • 15,922 Sq Ft lot
  • Balcony
  • Laundry Room

About This Home

As of June 2017

Quadruplex, townhouse style in good condition. 3 units 2 bedrooms 2 bedrooms, 1 unit 2 bedrooms and 3 bathrooms plus a den. All units with carpeted, fireplace Central A/C and Heating System, washer and Dryer hookups units are rented. Close to Lincoln Elementary school, Endeavour Middle school. Pride to sell.

Last Agent to Sell the Property

KARINA FERNANDEZ

High Ten Partners, Inc. License #01278573 Listed on: 02/25/2017

High Ten Partners, Inc.

Last Buyer's Agent

Alexander Seropian

FIRST PACIIFIC REALTY License #01331016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,553 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Den

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 44186
  • Assessor Parcel Number 3148035003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $90
  • Insurance Expense $2,500
  • Professional Management Expense $1,200
  • Trash Expense $500
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,852
  • Operating Expense $13,342
  • Gross Income $43,965
  • Net Operating Income $35,195

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

8

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 3148035003
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 120.80
  • Room Type: All Bedrooms Up, Den, Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Unknown
  • Trash Expense: 500.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Front Yard, Level, Sprinkler System
  • Lot Size Sq Ft: 15922.00

Multi Family

  • Electric Expense: 90.00
  • Gross Income: 43965.00
  • Gross Scheduled Income: 43965.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 35195.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 8770.00
  • Rent Control: No
  • Total Expenses: 13342.00

Tax Info

  • New Taxes Expense: 7852.00
  • Tax Lot: 3
  • Tax Tract Number: 44186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Hart
Bought by
Gnslp
Current Estimated Value
$946,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Mar 28, 2017
Sold by
Espinoza Rogelio
Bought by
Hart Nar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Shafer Gary S
Bought by
Espinoza Rogelio and Espinoza Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 1999
Sold by
Case Mari Elana
Bought by
Shafer Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
7.75%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shafer Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
7.75%

Purchase Details

Closed on
May 13, 1999
Sold by
Collins Charles J and Collins Marta C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 25, 1998
Sold by
Collins Marta C
Bought by
Collins Charles Jay and Collins Marta C

Purchase Details

Closed on
Jan 10, 1994
Sold by
Collins Charles Jay
Bought by
Collins Marta C
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
Gnslp -- --
Hart Nar $550,000 Wfg Title Company Of Ca
Espinoza Rogelio $650,000 Chicago Title Co
Shafer Gary S -- Chicago Title Co
Shafer Gary S -- First American Title Co
Shafer Gary S $158,500 First American Title Co
Federal Home Loan Mortgage Corporation $169,000 American Title
Collins Charles Jay -- --
Collins Marta C -- --
Hadley Jon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gnslp --
Previous Owner Hart Nar $412,500
Previous Owner Espinoza Rogelio $500,000
Previous Owner Shafer Gary S $110,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $550,000 0.0% $121 / Sq Ft
05/29/2017 05/29/17 Off Market $550,000 -- --
05/21/2017 05/21/17 For Sale $549,999 0.0% $121 / Sq Ft
05/20/2017 05/20/17 Off Market $550,000 -- --
03/22/2017 03/22/17 Pending -- -- --
03/16/2017 03/16/17 Pending -- -- --
02/25/2017 02/25/17 For Sale $549,999 -- $121 / 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 $10,048 $638,317 $95,746 $542,571
2024 $10,048 $625,802 $93,869 $531,933
2023 $9,855 $613,532 $92,029 $521,503
2022 $9,676 $601,503 $90,225 $511,278
2021 $9,508 $589,709 $88,456 $501,253
2019 $9,237 $572,220 $85,833 $486,387
2018 $9,077 $561,000 $84,150 $476,850
2016 $7,852 $476,000 $73,200 $402,800
2015 $6,569 $368,000 $56,600 $311,400
2014 $6,167 $335,000 $51,600 $283,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    KARINA FERNANDEZ

    High Ten Partners, Inc.

    Section Image
  • Alexander Seropian

    Buyer's Agent in 2017

    Alexander Seropian

    FIRST PACIIFIC REALTY

    (626) 628-5121

    9 in this area

    35 Total Sales

    Alexander Seropian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17031636

California Regional Multiple Listing Service (CRMLS)

APN: 3148-035-003

California Los Angeles County Lancaster 93535 East Lancaster

1802 E Avenue j9, Lancaster, CA

Not Listed for Sale

MultiFamily

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