NOT LISTED FOR SALE

1981 Evergreen St La Verne, CA 91750

Old Town Neighborhood

Estimated Value: $1,371,000 - $1,827,716

9 Beds
8 Baths
4,536 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $1,225,000 $270 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,812/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Laundry Room
  • J. Marion Roynon Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to La Verne Sports Park

About This Home

As of May 2018

Investors delight! All four units have been extensively remodeled in the last few years including newer windows, flooring, paint, recessed lighting, cabinets and many other upgrades. All of the units are turn key. The exterior has new paint and landscape and is immaculate. This building is the best on the block, but don't take my word for it go and look. The tenants are happy and always pay on time. Speaking of tenants, three of the units haven't had a rent increase in years and are overdue. DRIVE BY ONLY - DO NOT DISTURB TENANTS

Last Agent to Sell the Property

JOSEPH PEREZ

NEW FRONTIER CAPITAL License #01255781 Listed on: 03/12/2018

Last Buyer's Agent

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01301532

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,389

Year Built

  • Built in 1965

Lot Details

  • 8,237 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Level Lot
  • Back Yard

Parking

  • 5 Car Garage

Home Design

  • Property Attached
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 28559
  • Assessor Parcel Number 8375031011

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,800
  • Gardener Expense $960
  • Insurance Expense $1,819
  • Trash Expense $3,178
  • Water Sewer Expense $1,938
  • New Taxes Expense $9,794
  • Operating Expense $19,489
  • Gross Income $66,600
  • Net Operating Income $47,111

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,389

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1938.00
  • Zoning: LVPR15A*
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8375031011
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 270.06

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3178.20
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Near Public Transit
  • Lot Size Sq Ft: 8237.00

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1336 Square Feet
  • Fuel Expense: 1800.00
  • Gross Income: 66600.00
  • Gross Scheduled Income: 66600.00
  • Insurance Expense: 1819.00
  • Net Operating Income: 47111.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19489.00
  • Rent Control: No
  • Total Expenses: 19489.00

Tax Info

  • New Taxes Expense: 9794.00
  • Tax Census Tract: 4016.02
  • Tax Lot: 11
  • Tax Tract Number: 28559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Wolf James
Bought by
Wolf James and James Wolf Trust
Current Estimated Value
$1,710,354

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 30, 2018
Sold by
Varadero Holdings Llc
Bought by
Wolf James
Seller's Agent
JOSEPH PEREZ
NEW FRONTIER CAPITAL
Buyer's Agent
Tony Guglielmo
ALLIED COMMERCIAL REAL ESTATE
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$871,450
Outstanding Balance
$752,808
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$768,121

Purchase Details

Closed on
May 13, 2014
Sold by
Allardyce Beverly J
Bought by
Varadero Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wolf James -- None Available
Wolf James $1,225,000 Fidelity National Title
Varadero Holdings Llc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf James $871,450
Previous Owner Varadero Holdings Llc $500,000
Previous Owner Varadero Holdings Llc $450,000
Previous Owner Varadero Holdings Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $1,225,000 0.0% $270 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $1,225,000 0.0% $270 / Sq Ft
03/01/2017 03/01/17 Rented $1,650 0.0% --
12/16/2016 12/16/16 Under Contract -- -- --
11/30/2016 11/30/16 For Rent $1,650 -- --
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 $16,389 $1,393,836 $625,804 $768,032
2024 $16,389 $1,366,507 $613,534 $752,973
2023 $16,027 $1,339,713 $601,504 $738,209
2022 $15,767 $1,313,445 $589,710 $723,735
2021 $15,467 $1,287,693 $578,148 $709,545
2019 $15,162 $1,249,500 $561,000 $688,500
2018 $9,969 $818,797 $301,661 $517,136
2016 $9,581 $787,005 $289,949 $497,056
2015 $9,426 $775,184 $285,594 $489,590
2014 $4,220 $301,833 $52,044 $249,789
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH PEREZ

    Seller's Agent in 2018

    JOSEPH PEREZ

    NEW FRONTIER CAPITAL

    (909) 591-0152

    13 Total Sales

    Section Image
  • Tony Guglielmo

    Buyer's Agent in 2018

    Tony Guglielmo

    ALLIED COMMERCIAL REAL ESTATE

    (909) 786-4302

    22 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18055133

California Regional Multiple Listing Service (CRMLS)

APN: 8375-031-011

California Los Angeles County La Verne 91750 Old Town

1981 Evergreen St, La Verne, CA

This home is located at 1981 Evergreen St, La Verne, CA 91750 since 12 March 2018 and is currently estimated at $1,520,929, approximately $335 per square foot. This property was built in 1965. 1981 Evergreen St is a home located in Los Angeles County with nearby schools including J. Marion Roynon Elementary School, Ramona Middle School, and Bonita High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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