NOT LISTED FOR SALE

1828 E Avenue j9 Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $814,964 - $1,079,000

9 Beds
9 Baths
4,553 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2015

Last sale price $459,000 $101 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,753 / mo

18 Days on Market

Highlights

  • 0.37 Acre Lot
  • Central Air
  • Wall Furnace
  • Lawn

About This Home

As of July 2015

Well kept multifamily fourplex that is close to supermarkets, supercenter, freeway, and schools. Each unit has 2 car garages. Currently 3 of 4 units are rented - good stream of cash flow.

Last Agent to Sell the Property

Chris Alvarado

Realty Executives License #01937738 Listed on: 05/22/2015

Realty Executives

Last Buyer's Agent

Mina Samaan

American Realty & Associates License #01456197

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 15,922 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,553 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 44186
  • Assessor Parcel Number 3148035005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $380
  • Trash Expense $1,860
  • Water Sewer Expense $3,600
  • Gross Income $3,915
  • Net Operating Income $3,217

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 3148035005
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 100.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1860.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15922.00
  • Lot Size Acres: 0.3660

Multi Family

  • Electric Expense: 380.00
  • Gross Income: 3915.00
  • Gross Scheduled Income: 47000.00
  • Lot Size Area: 15922.0000 Square Feet
  • Net Operating Income: 3217.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 700.00
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 5
  • Tax Tract Number: 44186
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2018
Sold by
Bought by
Current Estimated Value
$919,741

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 15, 2015
Sold by
Bought by
Seller's Agent
Chris Alvarado
Realty Executives
Buyer's Agent
Mina Samaan
American Realty & Associates
List Price
$459,000
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$344,250
Outstanding Balance
$269,081
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$650,660

Purchase Details

Closed on
May 13, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$459,000 Fidelity Sherman Oaks
-- Usa National Title Co
$220,000 Usa National Title Co
-- None Available
-- Fidelity National Title Co
$620,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $356,000
Closed $344,250
Closed $165,000
Closed $33,750
Closed $131,000
Closed $490,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $459,000 0.0% $101 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $459,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,422 $543,355 $82,861 $460,494
2024 $8,929 $532,702 $81,237 $451,465
2023 $8,762 $522,258 $79,645 $442,613
2022 $8,605 $512,019 $78,084 $433,935
2021 $8,452 $501,980 $76,553 $425,427
2019 $8,217 $487,093 $74,284 $412,809
2018 $8,077 $477,543 $72,828 $404,715
2016 $7,653 $459,000 $70,000 $389,000
2015 $5,001 $234,518 $44,771 $189,747
2014 -- $229,925 $43,894 $186,031
Source: Public Records

Agents Affiliated with this Home

  • Chris Alvarado

    Seller's Agent in 2015

    Chris Alvarado

    Realty Executives

    (818) 403-6891

    4 Total Sales

    Chris Alvarado
    Section Image

  • M

    Buyer's Agent in 2015

    Mina Samaan

    American Realty & Associates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15110579

California Regional Multiple Listing Service (CRMLS)

APN: 3148-035-005

California Los Angeles County Lancaster 93535 East Lancaster

1828 E Avenue j9, Lancaster, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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