NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,828,903

9 Beds
8 Baths
4,336 Sq Ft
$367/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2018

Last sale price $1,175,000 $271 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,118 / mo

53 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Foothills
  • J. Marion Roynon Elementary School Rated A-
  • Laundry Room
  • 2-minute walk to La Verne Sports Park

About This Home

As of January 2018

Great investment opportunity in the heart of La Verne! Close to schools, shops, and dining. This complex features 4 spacious units: 1-three bedroom/two bathroom, and 3- two bedroom/two bathroom. All units have been updated with flooring, paint, and windows. Building exterior was painted in 2014. The complex also has four detached garages: 2-two car, and 2-one car. There is a separate laundry room with coin operated washer and dryer, included. Tenant pays own gas, electric and cable. Drive by only, please do not disturb tenants!

Last Agent to Sell the Property

Stacey Brown

SOUTHLAND PROPERTIES License #02014387 Listed on: 10/06/2017

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,102 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • 4 Carport Spaces

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,336 Sq Ft Home
  • Living Room with Fireplace
  • Gas Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 28559
  • Assessor Parcel Number 8375002032

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Fuel Expense $1,080
  • Gardener Expense $1,440
  • Insurance Expense $1,860
  • Supplies Expense $118
  • Trash Expense $1,896
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,967
  • Operating Expense $19,521
  • Gross Income $1,200
  • Net Operating Income $54,879

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,102 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 118.00
  • Water Sewer Expenses: 1200.00
  • Zoning: LVPR15A*
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 8375002032
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 270.99

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 6.00
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1896.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8102.00

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1336 Square Feet
  • Electric Expense: 960.00
  • Fuel Expense: 1080.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1860.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 100.00
  • Net Operating Income: 54879.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 3
  • Operating Expense: 19521.00
  • Other Income1: 1200.00
  • Rent Control: No
  • Total Actual Rent: 67500.00
  • Total Expenses: 19521.00

Tax Info

  • New Taxes Expense: 10967.00
  • Tax Census Tract: 4016.02
  • Tax Lot: 35
  • Tax Tract Number: 28559

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

Listed on
Oct 6, 2017
Closed on
Dec 6, 2017
Sold by
Bought by
Seller's Agent
Stacey Brown
SOUTHLAND PROPERTIES
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Current Estimated Value
$1,592,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,726
Avg. Annual Appreciation
3.63%
Original Mortgage
$200,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2014
Closed on
Dec 3, 2014
Sold by
Bought by
Seller's Agent
Joseph Profeta
Pilot Property Management Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$906,000
Sold Price
$906,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Bought by

Purchase Details

Closed on
May 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.69%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town, CA

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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
$1,175,000 Wfg National Title Company
-- None Available
$906,000 Wfg National Title Company
-- Accommodation
-- None Available
-- None Available
$610,000 Landwood Title Company
$262,000 First American
-- --
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
Previous Owner $200,000
Previous Owner $456,000
Previous Owner $75,000
Previous Owner $70,000
Previous Owner $457,500
Previous Owner $50,000
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 Prior Sale
01/25/2018 01/25/18 Sold $1,175,000 -3.7% $271 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/13/2017 11/13/17 Price Changed $1,220,000 -2.4% $281 / Sq Ft
10/27/2017 10/27/17 For Sale $1,250,000 0.0% $288 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $1,250,000 +38.0% $288 / Sq Ft
01/27/2015 01/27/15 Sold $906,000 0.0% $209 / Sq Ft View Prior Sale
12/04/2014 12/04/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $906,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,367 $1,336,944 $625,804 $711,140
2024 $15,753 $1,310,731 $613,534 $697,197
2023 $15,405 $1,285,031 $601,504 $683,527
2022 $15,154 $1,259,835 $589,710 $670,125
2021 $14,864 $1,235,134 $578,148 $656,986
2019 $14,572 $1,198,500 $561,000 $637,500
2018 $11,498 $956,974 $528,132 $428,842
2016 $11,058 $919,816 $507,625 $412,191
2015 $10,877 $906,000 $312,000 $594,000
2014 $8,928 $723,268 $248,995 $474,273
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17229818

California Regional Multiple Listing Service (CRMLS)

APN: 8375-002-032

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