NOT LISTED FOR SALE

18722 Strathern St Reseda, CA 91335

Estimated Value: $1,097,000 - $1,326,000

3 Beds
2 Baths
2,046 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,200,000 $587 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,416/month

29 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Valley Academy of Arts & Sciences Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2024

Welcome to a rare and lucrative investment opportunity with this expansive property, presenting a golden opportunity for investors of all backgrounds. Whether you're a seasoned investor or just beginning, this is a chance that should not be missed. Sprawling across an impressive 21,793 square feet, the canvas is set for you to leave your mark. The property contains a main residence, a 3-bed, 2-bath haven and two duplexes, each with 2 bedrooms and 1 bathroom, for a total of 4 additional units.

Noteworthy is the versatility this property offers. The two existing duplexes open the door to customization and future development, as they currently lack permits. Imagine the potential for enhancement or an entirely new project on this sizable canvas. Beyond the structures, the property boasts a charming community sitting area and lush fruit trees, creating a serene backdrop for residents.

Situated on a large lot with untapped potential and a strategic location, this property beckons to those with a keen eye for investment. The prospects for growth and development are boundless, making this not just a transaction but a gateway to endless possibilities. Don't miss out on this chance to shape the future of real estate and capitalize on the myriad opportunities that await.

Last Agent to Sell the Property

Sheryl Petway Joseph

The ONE Luxury Properties License #01305340 Listed on: 11/21/2023

The ONE Luxury Properties

Co-Listed By

Jasper Joseph

Beverly and Company License #02181385

Last Buyer's Agent

Dave White

Element RE, Inc License #01311443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,847

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot
  • Property is zoned LARA

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,046 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 8939
  • Assessor Parcel Number 2103012013
  • $607 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,847

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2103012013
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2046.00 Square Feet
  • Stories: 1
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 586.51
  • Room Type: Kitchen, Primary Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21788.00
  • Lot Size Acres: 0.5002

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21788.0000 Square Feet
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 1310.22
  • Tax Lot: 28
  • Tax Tract Number: 8939
  • TaxOtherAnnualAssessmentAmount: 607.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 12, 2024
Sold by
Gemini Collection Llc
Bought by
August House Properties Llc
Seller's Agent
Sheryl Petway Joseph
The ONE Luxury Properties
Buyer's Agent
Dave White
Element RE, Inc
List Price
$1,290,000
Sold Price
$1,200,000
Premium/Discount to List
-$90,000
-6.98%
Views
297
Current Estimated Value
$1,212,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,690
Avg. Annual Appreciation
0.66%

Purchase Details

Listed on
Nov 25, 2021
Closed on
Dec 1, 2021
Sold by
Revo Martin and Revo Martha
Bought by
Gemini Collection Llc
Seller's Agent
Beatriz Lopez
Century 21 Masters
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Carbajal Martin and Carbajal Martha
Bought by
Carbajal Martin and Rlt Carbajal Rlt

Purchase Details

Closed on
May 26, 2005
Sold by
Bedi Balwinderpal
Bought by
Carbajal Martin and Carbajal Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 7, 2004
Sold by
Bedi Balwinderpal
Bought by
Bedi Baldwinderpal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Bedi Balwinderpal
Bought by
Bedi Balwinderpal and Kaur Arvind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Barios Ray
Bought by
Bedi Balwinderpal and Kaur Arvind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
8.24%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
August House Properties Llc $1,200,000 Lawyers Title Company
Gemini Collection Llc $900,000 Chicago Title
Carbajal Martin -- None Available
Carbajal Martin $720,000 --
Bedi Baldwinderpal -- Southland Title Company
Bedi Balwinderpal -- Landsafe Title
Bedi Balwinderpal -- Landsafe Title
Bedi Balwinderpal $260,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carbajal Martin $576,000
Previous Owner Bedi Baldwinderpal $468,000
Previous Owner Bedi Balwinderpal $380,000
Previous Owner Bedi Balwinderpal $179,900
Closed Bedi Balwinderpal $38,550
Closed Carbajal Martin $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $1,200,000 -7.0% $587 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $1,290,000 +43.3% $630 / Sq Ft
01/04/2022 01/04/22 Sold $900,000 0.0% $440 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $900,000 -- $440 / 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 $11,847 $1,224,000 $1,092,012 $131,988
2024 $11,847 $936,360 $749,088 $187,272
2023 $11,624 $918,000 $734,400 $183,600
2022 $10,374 $838,000 $670,600 $167,400
2021 $10,440 $838,000 $670,600 $167,400
2020 $10,645 $838,000 $670,600 $167,400
2019 $10,428 $838,000 $670,600 $167,400
2018 $9,254 $743,000 $594,600 $148,400
2016 $7,996 $642,900 $514,500 $128,400
2015 $7,616 $611,000 $489,000 $122,000
2014 $6,580 $511,000 $409,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23214818

California Regional Multiple Listing Service (CRMLS)

APN: 2103-012-013