NOT LISTED FOR SALE
3 Beds
2 Baths
3,444 Sq Ft
6,650 Sq Ft Lot

Last Sold April 01, 2013

Last sale price $454,000 $132 Per Sq Ft

43 Days on Market

Highlights

  • Central Heating
  • Carpet
  • 5-minute walk to Loren Miller Recreation Center

About This Home

As of April 2013

Freestanding commercial building (prior use is laundry service) and 4 bedrooms, 2 baths, single family residence on one lot. Great opportunity for an owner user situation or combination retail and residential income producing property. Commercial building is ready for remodeling. The house interior is dated, but in overall good condition. Total est. SF for both buildings is approximately 3,444 SF (retail is approximately 1600 SF / home is approximately 1,844 SF). Great owner user situation or estimated combined rents of $ 3,800 - 4,200 a month. High traffic location in an area with close proximity to Koreatown. Good mix of retail and multifamily residential properties between Western and Normandie. Great street with stores, restaurants, churches and retail businesses. There are nice nearby residential neighborhoods creating a local consumer base.

Last Agent to Sell the Property

Cathy Lee

Sterling Pacific Real Estate License #01859546 Listed on: 10/15/2012

Last Buyer's Agent

Heather Stevens

Keller Williams Tehachapi License #01493611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,221

Year Built

  • Built in 1951

Lot Details

  • 6,650

Parking

  • 4 Parking Spaces

Home Design

  • 3,444 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Stucco

Kitchen

  • Self-Cleaning Oven
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 6,650 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Tax Tract Number 2215
  • Assessor Parcel Number 5058020014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,221

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5058020014
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 131.82

Exterior Features

  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Appliances: Range Hood, Self Cleaning Oven
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6650.00
  • Lot Size Acres: 0.1530

Multi Family

  • Lot Size Area: 6650.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 312
  • Tax Block: 1
  • Tax Lot: 15
  • Tax Tract Number: 2215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2012
Sold by
Hom Robert Quey and Hom Roger Keith
Bought by
Bartal Gil and Bartal Linda Karin Ulrika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,302
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bartal Gil $454,000 Fidelity National Title Oran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartal Gil $581,157
Closed Bartal Gil $609,482
Closed Bartal Gil $519,077
Previous Owner Bartal Gil $545,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2013 04/01/13 Sold $454,000 +5.8% $132 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $429,000 -- $125 / 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 $7,221 $559,055 $369,423 $189,632
2024 $7,221 $548,094 $362,180 $185,914
2023 $7,094 $537,348 $355,079 $182,269
2022 $6,786 $526,813 $348,117 $178,696
2021 $6,686 $516,485 $341,292 $175,193
2020 $6,747 $511,190 $337,793 $173,397
2019 $6,498 $501,168 $331,170 $169,998
2018 $6,350 $491,342 $324,677 $166,665
2016 $6,051 $472,265 $312,070 $160,195
2015 $5,967 $465,172 $307,383 $157,789
2014 $5,996 $456,061 $301,362 $154,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S715094

California Regional Multiple Listing Service (CRMLS)

APN: 5058-020-014