NOT LISTED FOR SALE

19401 Lorne St Reseda, CA 91335

Estimated Value: $1,105,000 - $1,211,000

6 Beds
4 Baths
2,102 Sq Ft
$545/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $790,000 $376 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,293/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Family Room
  • Valley Academy of Arts & Sciences Rated A-
  • Tile Flooring
  • Level Lot

About This Home

As of December 2019

Don't miss out on owning two houses on one lot each w/ their own address.19401- Has been remodeled-19403 is a 2019 New Build.Rents for both houses will bring in approx.$5700 a month,estimated 6.5% cap rate.This is also a great opportunity for that buyer looking for a cash flow property as well as a property to live in.19401-Is a single story approx 1300 sq ft w/ 4 bedrooms,2 bathrooms,w/ one being a master bedroom and bathroom. Open living area w/a fireplace, dining area, new interior/exterior pant and new fixtures throughout. Kitchen has new quartz counters, new titled floor,new stainless steel appliances & new fixtures. Hall bathroom has new vanity, new tiled shower, new tiled floors and new fixtures.19403- Brand new construction single story approx 800 sq ft w/ 2 bedrooms and 2 bathrooms, w/ one being the master bedroom and bathroom. Open floor plan w/ family room that opens to the kitchen and dining area.Kitchen has white self closing shaker cabinets,quartz counters & stainless steel appliances.Laminate floors throughout.Bathrooms have designer tiled shower/tub and tiled floors. Both properties have laundry hook ups, and AC/Heat mini split systems.Front & rear yard has new sod & plants.Close to shops and restaurants.

Last Listed By

Alaura Clennon

Griffin Real Estate, Inc. Listed on: 10/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,517

Year Built

  • Built in 1953

Lot Details

  • 9,806 Sq Ft Lot
  • Level Lot
  • Property is zoned LARS

Interior Spaces

  • 2,102 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 15595
  • Assessor Parcel Number 2105016016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,517

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 2105016016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 375.83
  • Room Type: Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Heating Type: Combination
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9806.00
  • Lot Size Acres: 0.2251

Multi Family

  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9806.0000 Square Feet
  • Net Operating Income: 57546.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10853.00
  • Rent Control: No
  • Total Expenses: 10853.00

Tax Info

  • New Taxes Expense: 9053.00
  • Tax Census Tract: 1316.00
  • Tax Lot: 34
  • Tax Tract Number: 15595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Oct 29, 2019
Sold by
Gw San Diego Properties Llc
Bought by
Singleton Christina Naomi
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Mark Bessey
Engel & Völkers Beverly HIlls
List Price
$799,990
Sold Price
$790,000
Premium/Discount to List
-$9,990
-1.25%
Total Days on Market
0
Current Estimated Value
$1,146,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,560
Avg. Annual Appreciation
7.06%
Original Mortgage
$711,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2018
Sold by
Griffin Ian
Bought by
Gw San Diego Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2018
Sold by
Griffin Gena
Bought by
Griffin Ian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2018
Sold by
Stockpile Property Llc
Bought by
Grifflin Lan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2018
Sold by
Wagner Kathleen A
Bought by
Stockpile Property Ventures Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Wagner Rudy W
Bought by
Wagner Kathleen A

Purchase Details

Closed on
Apr 20, 2011
Sold by
Wagner Rudy W
Bought by
Wagner Kathleen A

Purchase Details

Closed on
May 29, 1998
Sold by
Goldsmith Jack O
Bought by
Wagner Rudy W and Wagner Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,300
Interest Rate
8.75%

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
Singleton Christina Naomi $790,000 Usa National Title Company
Gw San Diego Properties Llc $465,500 Accomodation
Griffin Ian R -- Lawyer Title Company
Grifflin Lan R $465,500 Lawyer Title Company
Stockpile Property Ventures Llc $425,000 Orange Coast Title Company
Wagner Kathleen A -- None Available
Wagner Kathleen A -- None Available
Wagner Rudy W $155,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singleton Christina Naomi $718,700
Closed Singleton Christina Naomi $711,000
Previous Owner Gw San Diego Properties Llc $6,000,000
Previous Owner Wagner Kathleen A $30,000
Previous Owner Wagner Rudy W $173,000
Previous Owner Wagner Rudy W $170,000
Previous Owner Wagner Rudy W $124,300
Closed Wagner Rudy W $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $790,000 -1.2% $376 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $799,990 -- $381 / 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 $10,517 $847,037 $503,934 $343,103
2023 $10,315 $830,429 $494,053 $336,376
2022 $9,837 $814,147 $484,366 $329,781
2021 $9,712 $798,184 $474,869 $323,315
2020 $9,809 $790,000 $470,000 $320,000
2019 $5,730 $465,500 $372,400 $93,100
2018 $2,754 $214,235 $120,827 $93,408
2016 $2,623 $205,918 $116,136 $89,782
2015 $2,586 $202,826 $114,392 $88,434
2014 $2,605 $198,854 $112,152 $86,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19249189

California Regional Multiple Listing Service (CRMLS)

APN: 2105-016-016