NOT LISTED FOR SALE
8 Beds
5 Baths
3,774 Sq Ft
6,615 Sq Ft Lot

Sale Details

Date Sold: June 11, 2014

Last sale price $1,072,500 $284 Per Sq Ft

120 Days on Market

Highlights

  • Traditional Architecture
  • 4 Car Attached Garage
  • 5-minute walk to Virginia Avenue Park
  • Will Rogers Elementary Rated A

About This Home

As of June 2014

Five unit building located 1/2 block north of Pico Blvd. The front building has three 2 bedroom, 1 bath units and there are two 1 bedroom units located above the carports at the rear of the property. Four parking spaces in carport off alley. There is a small store room and a small laundry room next to the carports. Each unit is separately metered for gas and electricity. Unit D will be vacant and rent for that apartment is projected.

Last Agent to Sell the Property

Dannie Cavanaugh

Cavanaugh Realtors License #00576151 Listed on: 01/09/2014

Last Buyer's Agent

David Mouallem

David Mouallem License #01152326

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,615 Sq Ft Lot
  • Lot Dimensions are 45x147

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,774 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Attached Garage
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4274-019-036

Property Details

Home Type

Multi-Family

Lot Details

6,615 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3774
  • Lot Dimensions: 45X147
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 316.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Carport
  • Total Parking: 4

Utilities

  • Electric Expense: 480.00
  • Heating: Wall
  • Water Expense: 3100.00

Fee Information

  • Insurance Expense: 4093.00
  • Maintenance Expense: 4000.00
  • Trash Expense: 360.00

Lot Info

  • Assessed Improvement Value: 53461
  • Assessed Land Value: 26718
  • Assessor Parcel Number: 4274-019-036
  • Geocode Override: No
  • Lot Size Area: 6615

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 18.40
  • Number Of Units: 5
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 14937.00

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
Oct 7, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 12, 2014
Sold by
Bought by
Seller's Agent
Dannie Cavanaugh
Cavanaugh Realtors
Buyer's Agent
David Mouallem
David Mouallem
List Price
$1,375,000
Sold Price
$1,072,500
Premium/Discount to List
-$302,500
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2000
Sold by
Bought by

Purchase Details

Closed on
May 19, 1994
Sold by
Bought by
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
-- None Available
$1,072,500 Lawyers Title
-- None Available
-- --
-- --
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 $1,100,000
Closed $505,000
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
06/11/2014 06/11/14 Sold $1,072,500 -22.0% $284 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $1,375,000 -- $364 / Sq Ft
Source: The MLS

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 $17,564 $1,314,728 $858,100 $456,628
2024 $16,537 $1,288,950 $841,275 $447,675
2023 $16,280 $1,263,678 $824,780 $438,898
2022 $16,072 $1,238,901 $808,608 $430,293
2021 $15,661 $1,214,609 $792,753 $421,856
2019 $15,399 $1,178,586 $769,241 $409,345
2018 $14,441 $1,155,477 $754,158 $401,319
2016 $13,853 $1,110,610 $724,874 $385,736
2015 $13,676 $1,093,928 $713,986 $379,942
2014 $2,196 $82,152 $27,375 $54,777
Source: Public Records

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Map

Source: The MLS

MLS Number: 14-728563

The MLS
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