240 E Lancaster Blvd Lancaster, CA 93535
East Lancaster Neighborhood
8
Beds
7
Baths
3,940
Sq Ft
8,280
Sq Ft Lot
About This Home
As of January 2022Opportunity knocks! Great quadraplex in Lancaster is an investors dream! 8 bedrooms and 7 bathrooms total in the complex. Incredible investment opportunity! Close to many schools, AVC, shops, and the AV Mall!
Last Agent to Sell the Property
JohnHart Real Estate License #01897413 Listed on: 12/28/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,089
Year Built
- Built in 1983
Lot Details
- 8,280 Sq Ft Lot
- No Common Walls
- Land Lease
Parking
- 4 Car Garage
Home Design
- 3,940 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 80
- Tax Tract Number 18636
- Assessor Parcel Number 3142013021
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $660
- Trash Expense $1,140
- Water Sewer Expense $780
- Operating Expense $2,880
- Gross Income $44,100
- Net Operating Income $41,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2021
Sold by
Gayane Hovhanesian Living Trust
Bought by
Manoukian Aram
Total Days on Market
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2021
Sold by
Hovhanessian Gayane
Bought by
Hovahanesian Gayane and The Gayane Hovhanesian Living
Purchase Details
Listed on
Mar 6, 2017
Closed on
Mar 15, 2017
Sold by
Hakobyan Sargis
Bought by
Hovhanesian Gayane
Seller's Agent
Manuel Morales
JohnHart Real Estate
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$345,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2017
Closed on
Mar 6, 2017
Sold by
Safdie Tal and Safdie Antonio Ezequiel
Bought by
Hovhanesian Gayane
Seller's Agent
Manuel Morales
JohnHart Real Estate
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2017
Sold by
Safdie Tal and Safdie Antonio Ezequiel
Bought by
Safdie Tal and Safdie Antonio Ezequiel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2012
Closed on
Feb 12, 2013
Sold by
Safdie Tal
Bought by
Safdie Tal and Safdie Antonio Esequiel
Seller's Agent
Jodie Shepherd-Troth
Berkshire Hathaway HomeServices Troth, REALTORS
Buyer's Agent
Connie Magruder
HomeSmart Evergreen Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$208,952
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2012
Closed on
Feb 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Safdie Tal
Seller's Agent
Jodie Shepherd-Troth
Berkshire Hathaway HomeServices Troth, REALTORS
Buyer's Agent
Connie Magruder
HomeSmart Evergreen Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,952
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2012
Closed on
Jan 30, 2013
Sold by
Safdie Antonio Ezequiel
Bought by
Safdie Tal
Seller's Agent
Jodie Shepherd-Troth
Berkshire Hathaway HomeServices Troth, REALTORS
Buyer's Agent
Connie Magruder
HomeSmart Evergreen Realty
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,952
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2012
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 10, 2012
Sold by
Hughes Thomas
Bought by
Gmac Mortgage Llc
Purchase Details
Closed on
Mar 6, 2000
Sold by
Sindoni Mary and Sindoni Trust
Bought by
Hughes Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
8.53%
Similar Home in Lancaster, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $775,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Grant Deed | $460,000 | Title 365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $260,000 | Lawyers Title Insurance Corp | |
| Interfamily Deed Transfer | -- | Lawyers Title Insurance Corp | |
| Corporate Deed | -- | None Available | |
| Trustee Deed | $349,847 | Accommodation | |
| Grant Deed | $165,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,000 | Credit Line Revolving | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $412,000 | New Conventional | |
| Previous Owner | $413,000 | New Conventional | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $208,952 | New Conventional | |
| Previous Owner | $335,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $165,000 | Unknown | |
| Previous Owner | $156,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2022 01/21/22 | Sold | $775,000 | -2.5% | $197 / Sq Ft |
| 08/09/2021 08/09/21 | For Sale | $795,000 | +72.8% | $202 / Sq Ft |
| 04/28/2017 04/28/17 | Sold | $460,000 | 0.0% | $117 / Sq Ft |
| 04/25/2017 04/25/17 | Sold | $460,000 | -4.0% | $117 / Sq Ft |
| 04/12/2017 04/12/17 | Pending | -- | -- | -- |
| 03/06/2017 03/06/17 | For Sale | $479,000 | +8.9% | $122 / Sq Ft |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 12/28/2016 12/28/16 | For Sale | $439,900 | +69.2% | $112 / Sq Ft |
| 02/05/2013 02/05/13 | Sold | $260,000 | +4.0% | $66 / Sq Ft |
| 12/04/2012 12/04/12 | Pending | -- | -- | -- |
| 10/25/2012 10/25/12 | For Sale | $249,900 | -- | $63 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,089 | $822,434 | $123,099 | $699,335 |
| 2024 | $12,089 | $806,309 | $120,686 | $685,623 |
| 2023 | $11,845 | $790,500 | $118,320 | $672,180 |
| 2022 | $8,371 | $503,075 | $76,554 | $426,521 |
| 2021 | $8,224 | $493,211 | $75,053 | $418,158 |
| 2020 | $8,134 | $488,155 | $74,284 | $413,871 |
| 2019 | $7,994 | $478,584 | $72,828 | $405,756 |
| 2018 | $7,854 | $469,200 | $71,400 | $397,800 |
| 2016 | $5,689 | $301,666 | $45,249 | $256,417 |
| 2015 | $5,623 | $297,136 | $44,570 | $252,566 |
| 2014 | $5,539 | $291,316 | $43,697 | $247,619 |
Source: Public Records
Agents Affiliated with this Home
-
Yurik Shakmuradian
Y
Seller's Agent in 2022
Yurik Shakmuradian
Imperial Realty Co.
(818) 956-3646
3 in this area
37 Total Sales
-
Andre Manvelyan
A
Buyer's Agent in 2022
Andre Manvelyan
Imperial Realty Co.
(818) 956-3646
1 in this area
9 Total Sales
-
Manuel Morales
Seller's Agent in 2017
Manuel Morales
JohnHart Real Estate
(661) 343-9835
28 in this area
158 Total Sales
-
U
Buyer's Agent in 2017
Unknown Member
NON-MEMBER OFFICE
-
Jodie Shepherd-Troth
J
Seller's Agent in 2013
Jodie Shepherd-Troth
Berkshire Hathaway HomeServices Troth, REALTORS
(661) 609-0494
8 in this area
87 Total Sales
-
Mark Troth
M
Seller Co-Listing Agent in 2013
Mark Troth
Berkshire Hathaway HomeServices Troth, REALTORS
(661) 948-4646
4 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16768032
APN: 3142-013-021
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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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