NOT LISTED FOR SALE

Estimated Value: $702,112 - $1,687,000

2 Beds
6 Baths
2,324 Sq Ft
$537/Sq Ft Est. Value

Last Sold April 17, 2012

Last sale price $665,000 $286 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,686/month

157 Days on Market

About This Home

As of April 2012

Live mortgage free in this completely renovated South of the Boulevard home!

Renovated 4-Plex + 1 non conforminng unit (buyer to varify) with a stand-alone 2 bedroom / 2 bath owner’s unit which has been reconstructed from the ground up with all new copper plumbing, electrical, windows, and all new kitchens and baths. High end finishes include pergo wood and travertine floorings, high pitched ceiling, granite countertops, and stainless steel appliances. Be the first to live in this brand new home! In addition, the property‘s exterior and common areas have been extensively rehabbed and show beautifully.

Current income with a vacant owner’s unit is $3,119.25 per month and at market rental rates is $3,400 per month! With so much income, pay less than $500 per month at current rents to own and live in this beautiful property and let the existing long term tenants pay the rest of mortgage, insurance and property taxes for you (based on an 80% ltv, 4.3% interest, 30 year fixed rate loan). Property is located on a quiet, tree lined street surrounded by mostly single family homes south of Ventura Blvd. Please read private notes for showing instructions.

Last Agent to Sell the Property

Alazar Asmamaw

A-Squared Property Inc. License #01844152 Listed on: 08/24/2011

Last Buyer's Agent

David Abas

Equity Union License #01422571

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,583

Year Built

  • Built in 1946

Lot Details

  • 6,017 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • 2,324 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6170
  • Assessor Parcel Number 2169002014

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $1,800
  • Trash Expense $1,500
  • Water Sewer Expense $1,300
  • New Taxes Expense $7,993
  • Gross Income $4,875
  • Net Operating Income $45,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,583

Year Built

Built in 1946

Lot Details

0

Listing Details

  • CapRate: 6.50
  • Water Sewer Expenses: 1300.00
  • Property Type: Residential Income
  • Parcel Number: 2169002014
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 286.14

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Trash Expense: 1500.00

Lot Info

  • Lot Size Sq Ft: 6017.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 4875.00
  • Gross Multiplier: 11.53
  • Gross Scheduled Income: 60300.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6017.0000 Square Feet
  • Net Operating Income: 45168.00
  • 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: 15133.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7993.00
  • Taxes Percent: 0.99
  • Tax Lot: 14
  • Tax Tract Number: 6170
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2011
Sold by
Shamsa Kaveh
Bought by
Sam Blvd Llc
Current Estimated Value
$1,248,778

Purchase Details

Closed on
Feb 4, 2002
Sold by
Shamsa Keyhan
Bought by
Shamsa Kaveh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 23, 1996
Sold by
Dominguez Richard M and Dominguez Anne R
Bought by
Shamsa Keyhan and Shamsa Kaveh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
7.95%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sam Blvd Llc $373,000 Chicago Title Company
Shamsa Kaveh -- Old Republic Title Company
Shamsa Keyhan $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarditti Osvaldo $362,700
Previous Owner Shamsa Kaveh $50,000
Previous Owner Shamsa Kaveh $577,500
Previous Owner Shamsa Kaveh $100,000
Previous Owner Shamsa Kaveh $500,000
Previous Owner Shamsa Kaveh $36,841
Previous Owner Shamsa Kaveh $370,000
Previous Owner Shamsa Kaveh $24,965
Previous Owner Shamsa Kayveh $30,000
Previous Owner Shamsa Kaveh $280,000
Previous Owner Shamsa Keyhan $80,000
Previous Owner Shamsa Keyhan $67,100
Previous Owner Shamsa Keyhan $33,150
Previous Owner Shamsa Reyhan $12,500
Previous Owner Shamsa Keyhan $195,000
Previous Owner Shamsa Keyhan $7,500
Previous Owner Shamsa Keyhan $50,000
Previous Owner Shamsa Keyhan $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2012 04/17/12 Sold $665,000 -4.3% $286 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
08/24/2011 08/24/11 For Sale $695,000 -- $299 / 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 $10,583 $835,266 $452,175 $383,091
2024 $10,583 $818,889 $443,309 $375,580
2023 $10,388 $802,833 $434,617 $368,216
2022 $9,926 $787,093 $426,096 $360,997
2021 $9,803 $771,661 $417,742 $353,919
2020 $9,897 $763,749 $413,459 $350,290
2019 $9,524 $748,774 $405,352 $343,422
2018 $9,434 $734,093 $397,404 $336,689
2016 $8,980 $705,589 $381,973 $323,616
2015 $8,854 $694,991 $376,236 $318,755
2014 $8,904 $681,379 $368,867 $312,512
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11111684

California Regional Multiple Listing Service (CRMLS)

APN: 2169-002-014