NOT LISTED FOR SALE

2395 Mayfield Ave Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,164,000 - $1,481,468

5 Beds
2 Baths
2,059 Sq Ft
$624/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $1,125,000 $546 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,820/month

31 Days on Market

Highlights

  • Laundry Room
  • La Crescenta Elementary School Rated A-
  • 1-Story Property

About This Home

As of December 2023

This prime investment opportunity Duplex is located in Centrally in beautiful city of Montrose, Ca
Back unit completely remodeled and the front unit needs TLC. Newer water heaters, roof is in good condition, new driveway. Buyer to verify the bedrooms and bathrooms with City of Glendale for permits for regularity of the units.
Walking distance to Black Cow, Basin 141, Avignone’s, Blue Fish, Casa Cordoba, Joselitos, Gus & Andy’s, and Trader Joe's to name a few and many shops
Please drive by only.

Last Agent to Sell the Property

Sean Madadian

Magic Realty License #01066622 Listed on: 11/01/2023

Last Buyer's Agent

Pok hoo

RE EBROKER GROUP License #01984337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,801

Year Built

  • Built in 1945

Lot Details

  • 6,184 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,059 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 426
  • Tax Tract Number 1701
  • Assessor Parcel Number 5807015035

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,801

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5807015035
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 546.38

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6184.00
  • Lot Size Acres: 0.1420

Multi Family

  • Lot Size Area: 6184.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 426
  • Tax Tract Number: 1701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 21, 2023
Sold by
Davoudian Derik
Bought by
Hoo Pok Liak and Chan Khaki
Seller's Agent
Sean Madadian
Magic Realty
Buyer's Agent
Pok hoo
RE EBROKER GROUP
List Price
$999,000
Sold Price
$1,125,000
Premium/Discount to List
$126,000
12.61%
Views
211
Current Estimated Value
$1,283,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,867
Avg. Annual Appreciation
7.44%
Original Mortgage
$830,491
Outstanding Balance
$815,836
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$468,031

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 24, 2023
Sold by
Lennar Homes Of California Inc
Bought by
Yang Grey and Lee Yunkyoung
Seller's Agent
Gil Azcarate
Pinnacle Estate Properties
Buyer's Agent
Sean Madadian
Magic Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.05%
Original Mortgage
$731,250
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 3, 2023
Sold by
Davoudian Melody
Bought by
Davoudian Derik
Seller's Agent
Gil Azcarate
Pinnacle Estate Properties
Buyer's Agent
Sean Madadian
Magic Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 27, 2023
Sold by
Uribe David
Bought by
Davoudian Derik
Seller's Agent
Gil Azcarate
Pinnacle Estate Properties
Buyer's Agent
Sean Madadian
Magic Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Beyer Terry O and Beyer Gloria Nadalin
Bought by
Uribe David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.89%

Purchase Details

Closed on
Aug 15, 2002
Sold by
Beyer Terry O
Bought by
Beyer Terry O and Beyer Gloria Nadalin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoo Pok Liak $1,107,500 Lawyers Title Company
Yang Grey $1,385,000 Lennar Title
Davoudian Derik -- Ticor Title Company
Davoudian Derik -- Ticor Title Company
Davoudian Derik $975,363 Ticor Title Company
Davoudian Derik $975,363 Ticor Title Company
Uribe David $381,000 Chicago Title Co
Beyer Terry O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoo Pok Liak $830,491
Previous Owner Davoudian Derik $731,250
Previous Owner Davoudian Derik $731,250
Previous Owner Uribe David $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $1,125,000 +12.6% $546 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $999,000 +2.5% $485 / Sq Ft
04/21/2023 04/21/23 Sold $975,000 +5.4% $474 / Sq Ft View Prior Sale
03/15/2023 03/15/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $925,000 -7.5% $449 / Sq Ft
02/10/2023 02/10/23 For Sale $1,000,000 0.0% $486 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,000,000 -- $486 / 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 $12,801 $1,129,469 $795,600 $333,869
2024 $12,801 $1,107,323 $780,000 $327,323
2023 $6,400 $542,899 $501,147 $41,752
2022 $6,096 $532,255 $491,321 $40,934
2021 $5,984 $521,820 $481,688 $40,132
2020 $5,898 $516,470 $476,749 $39,721
2019 $5,757 $506,344 $467,401 $38,943
2018 $5,632 $496,417 $458,237 $38,180
2016 $5,359 $477,143 $440,444 $36,699
2015 $5,243 $469,977 $433,829 $36,148
2014 $5,206 $460,771 $425,331 $35,440
Source: Public Records

Agents Affiliated with this Home

  • Sean Madadian

    Seller's Agent in 2023

    Sean Madadian

    Magic Realty

    (818) 240-8080

    2 in this area

    35 Total Sales

    Sean Madadian
    Section Image
  • Gil Azcarate

    Seller's Agent in 2023

    Gil Azcarate

    Pinnacle Estate Properties

    (818) 632-8006

    1 in this area

    35 Total Sales

    Gil Azcarate
    Section Image
  • Pok hoo

    Buyer's Agent in 2023

    Pok hoo

    RE EBROKER GROUP

    (626) 731-5553

    1 in this area

    9 Total Sales

    Pok hoo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23203565

California Regional Multiple Listing Service (CRMLS)

APN: 5807-015-035

California Los Angeles County Montrose 91020 Sparr Heights

2395 Mayfield Ave, Montrose, CA

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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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