NOT LISTED FOR SALE
4 Beds
5 Baths
3,726 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: May 15, 2017

Last sale price $1,050,000 $282 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Garden
  • Grid-Tied Solar Exports Power
  • Tile Flooring
  • Laundry Facilities

About This Home

As of May 2017

Gated 8 unit court with 8 concrete parking spaces, 3 are tandem. One 2 br, four 1 br, three studios. 28'x25' rear concrete recreation area. Laundry room has 2-washers and 1-large dryer. The 4 units at 1845 Chestnut are on a solar system contract that is to be assumed by the buyer. All outside lighting comes on at dark, front of building, rear, and front door of each apartment. The four front windows are double paned. This recently remodeled building is low maintenance with all tiled floors. The stoves and refrigerators are owned by tenants. The yard has planters instead of grass.

Last Agent to Sell the Property

Daryl Ellison

Ellison Realty License #00169627 Listed on: 12/06/2016

Last Buyer's Agent

Chuck Brewer

HomeSmart Realty Group License #01939550

HomeSmart Realty Group
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Home Design

  • Bungalow
  • Apartment
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,726 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Assigned Parking

Eco-Friendly Details

  • Grid-Tied Solar Exports Power
  • Solar owned by seller

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5730
  • Assessor Parcel Number 7209028017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 5 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $925
  • Fuel Expense $535
  • Insurance Expense $3,187
  • Pest Control $588
  • Trash Expense $2,200
  • Water Sewer Expense $1,467
  • New Taxes Expense $7,014
  • Operating Expense $36,721
  • Net Operating Income $49,679

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1467.00
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7209028017
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 281.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered, Tandem Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Photovoltaics on Grid, Photovoltaics Seller Owned, Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 588.00
  • Sewer: Public Sewer
  • Trash Expense: 2200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Electric Expense: 925.00
  • Fuel Expense: 535.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 3187.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1560.00
  • Net Operating Income: 49679.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 36721.00
  • Rent Control: No
  • Total Actual Rent: 7200.00
  • Total Expenses: 36721.00

Tax Info

  • New Taxes Expense: 7014.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 14
  • Tax Tract Number: 5730.0

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
Jul 13, 2020
Sold by
Rose Steven C and Rose Marsha A
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
$1,000,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2017
Sold by
1841 45 Chestnut Llc
Bought by
Rose Steven C and Rose Marsha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2004
Sold by
Rose Steven C and Rose Marsha A
Bought by
184 Chestnut Llc

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bankers Trust Company Of California Na
Bought by
Rose Steven C and Rose Marsha A

Purchase Details

Closed on
Jan 26, 2001
Sold by
Aniban Marilyn S and Tith Sophat
Bought by
Bear Stearns Asset Backed Securities Inc

Purchase Details

Closed on
Jun 29, 1998
Sold by
American Equity Partners Inc
Bought by
Aniban Marilyn S and Tith Sophat

Purchase Details

Closed on
May 4, 1998
Sold by
Rodriguez Pedro
Bought by
American Equity Partners Inc

Purchase Details

Closed on
Mar 4, 1998
Sold by
Pacific Realty Inc
Bought by
Rodriguez Pedro

Purchase Details

Closed on
Dec 12, 1997
Sold by
Alves Steve
Bought by
Pacific Realty Inc

Purchase Details

Closed on
Jul 10, 1997
Sold by
First Federal Bank Of California
Bought by
Alves Steve

Purchase Details

Closed on
Jun 10, 1997
Sold by
Perkins Leland W and Perkins Deborah A
Bought by
First Federal Bank Of California Fsb

Purchase Details

Closed on
Apr 8, 1994
Sold by
Perkins Leland W and Perkins Deborah A
Bought by
Perkins Leland W and Perkins Deborah A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,400,000 First Amer Ttl Co Glendale
Rose Steven C -- Old Republic Title Company
184 Chestnut Llc -- --
Rose Steven C $242,000 Fidelity National Title Co
Bear Stearns Asset Backed Securities Inc $171,823 --
Aniban Marilyn S $323,000 First Southwestern Title Co
American Equity Partners Inc -- --
Rodriguez Pedro $155,000 Fidelity National Title Co
Pacific Realty Inc -- --
Alves Steve $169,000 North American Title Co
First Federal Bank Of California Fsb $143,000 American Title
Perkins Leland W -- --
Perkins Leland W -- --
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
Open $1,035,000
Closed 1841 Chestnut Avenue Llc $1,000,000
Previous Owner Rose Steven C $600,000
Previous Owner Rose Steven C $375,000
Previous Owner 1845 Chestnut Llc $430,000
Previous Owner Rose Steven C $240,000
Previous Owner Hernandez Silvio Gomez $294,122
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 Prior Sale
05/15/2017 05/15/17 Sold $1,050,000 -12.5% $282 / Sq Ft
04/28/2017 04/28/17 For Sale $1,200,000 0.0% $322 / Sq Ft
03/24/2017 03/24/17 Price Changed $1,200,000 0.0% $322 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $1,200,000 +106.9% $322 / Sq Ft
06/01/2012 06/01/12 Sold $580,000 -27.0% $156 / Sq Ft View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $795,000 -- $213 / 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
2026 $20,789 $1,545,711 $552,040 $993,671
2025 $20,789 $1,515,404 $541,216 $974,188
2024 $19,905 $1,485,691 $530,604 $955,087
2023 $19,560 $1,456,560 $520,200 $936,360
2022 $18,369 $1,428,000 $510,000 $918,000
2021 $17,992 $1,400,000 $500,000 $900,000
2020 $14,689 $1,115,068 $424,483 $690,585
2019 $14,516 $1,093,220 $416,160 $677,060
2018 $14,075 $1,071,800 $408,000 $663,800
2016 $7,314 $499,312 $208,047 $291,265
2015 $4,393 $297,451 $159,789 $137,662
2014 $4,408 $291,625 $156,659 $134,966
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16757337

California Regional Multiple Listing Service (CRMLS)
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