NOT LISTED FOR SALE

Estimated Value: $802,000 - $975,000

4 Beds
2 Baths
1,522 Sq Ft
$569/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $580,000 $381 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,422/month

82 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Valley Academy of Arts & Sciences Rated A-

About This Home

As of September 2019

This wonderful duplex is located at 18624 Bryant Street in the City of Northridge one block south of Parthenia between Yolanda and Amigo. Within one mile of California State University Northridge and no more than a 5 minute drive. The property hosts two (2) Two (2) bedroom and one (1) bath units. Each unit has it's own private yard with easy access. One of the units will be delivered vacant at the close of escrow to allow for owner user opportunity. Each unit is individually metered for gas and electricity. Each Unit has washer and dryer hook up. The property has garaged parking space for each unit with plenty of street parking. The investment is ideally situation for an owner occupied investor or first time investor.

Last Agent to Sell the Property

James Antonucci

Keller Williams Realty-Studio City License #01822661 Listed on: 05/23/2019

Keller Williams Realty-Studio City

Last Buyer's Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661 Listed on: 05/23/2019

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,720

Year Built

  • Built in 1952

Lot Details

  • 5,741 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,522 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 92
  • Tax Tract Number 3809
  • Assessor Parcel Number 2785003017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $840
  • Fuel Expense $840
  • Gardener Expense $600
  • Insurance Expense $609
  • Water Sewer Expense $840
  • New Taxes Expense $8,113
  • Operating Expense $15,690
  • Gross Income $40,476
  • Net Operating Income $23,571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,720

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.94
  • Property Attached: Yes
  • Water Sewer Expenses: 840.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2785003017
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 381.08

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5741.00
  • Lot Size Acres: 0.1318

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 761 Square Feet
  • Electric Expense: 840.00
  • Fuel Expense: 840.00
  • Gross Income: 40476.00
  • Gross Multiplier: 14.80
  • Gross Operating Income: 39261.00
  • Gross Scheduled Income: 40476.00
  • Insurance Expense: 609.00
  • Lot Size Area: 5741.0000 Square Feet
  • Net Operating Income: 23571.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 15690.00
  • Rent Control: Yes
  • Total Actual Rent: 1500.00
  • Total Expenses: 15690.00
  • Vacancy Allowance: 1214
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8113.00
  • Tax Lot: 92
  • Tax Tract Number: 3809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 24, 2019
Sold by
Vargas Saul H and Vargas Diana C
Bought by
Vargas Saul H and Vargas Diana C
Seller's Agent
James Antonucci
Keller Williams Realty-Studio City
Buyer's Agent
James Antonucci
Keller Williams Realty-Studio City
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%
Current Estimated Value
$865,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,311
Avg. Annual Appreciation
7.12%
Original Mortgage
$464,000
Interest Rate
3.6%

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 7, 2019
Sold by
Vargas Saul H and Vargas Diana C
Bought by
Kane Tabassum
Seller's Agent
James Antonucci
Keller Williams Realty-Studio City
Buyer's Agent
James Antonucci
Keller Williams Realty-Studio City
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3.6%

Purchase Details

Closed on
Jun 18, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vargas Saul Hernandez and Vargas Diana Castro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2007
Sold by
Nicolas Maria Angelica
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 11, 2006
Sold by
Stuart Lane Co Llc
Bought by
Nicolas Maria Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2006
Sold by
Guzman Jose Juan
Bought by
Nicolas Maria Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 28, 2006
Sold by
Groten Stuart and Groten Gail
Bought by
Stuart Lane Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 16, 2004
Sold by
Simpson Judith L and Abbott Marcia A
Bought by
Groten Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1994
Sold by
Arant Fredrica P
Bought by
Arant Fredrica Patricia and The Fredrica Patricia Arant Revocable Tr
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vargas Saul H -- Lawyers Title Company
Kane Tabassum $580,000 Lawyers Title Company
Vargas Saul Hernandez $380,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $455,851 Accommodation
Nicolas Maria Angelica $535,000 Alliance Title Company
Nicolas Maria Angelica -- First Southwestern Title
Stuart Lane Co Llc -- First Southwestern Title
Groten Stuart $325,000 First Southwestern Title Co
Arant Fredrica Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Tabassum $190,904
Open Kane Tabassum $525,000
Previous Owner Kane Tabassum $464,000
Previous Owner Vargas Saul Hernandez $280,000
Previous Owner Vargas Saul Hernandez $285,000
Previous Owner Nicolas Maria Angelica $107,000
Previous Owner Nicolas Maria Angelica $428,000
Previous Owner Stuart Lane Co Llc $107,000
Previous Owner Groten Stuart $345,000
Previous Owner Groten Stuart $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $580,000 -10.8% $381 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $650,000 -- $427 / 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
2024 $7,720 $621,874 $373,125 $248,749
2023 $7,572 $609,681 $365,809 $243,872
2022 $7,221 $597,728 $358,637 $239,091
2021 $7,129 $586,008 $351,605 $234,403
2019 $5,390 $438,665 $323,229 $115,436
2018 $5,322 $430,065 $316,892 $113,173
2016 $5,078 $413,367 $304,588 $108,779
2015 $4,347 $352,000 $262,000 $90,000
2014 $4,457 $352,000 $262,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19121088

California Regional Multiple Listing Service (CRMLS)

APN: 2785-003-017