NOT LISTED FOR SALE

2449 Florencita Ave Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,345,000 - $1,744,428

6 Beds
4 Baths
2,900 Sq Ft
$537/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $1,100,000 $379 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,399/month

30 Days on Market

About This Home

As of January 2017

Awesome fourplex on a beautiful street in a desirable Montrose neighborhood. Pride of ownership. Excellent investment/Owner user opportunity. Walking distance/close proximity to schools, shops and transportation. Two units 2 Bedroom 1 Bath each rented $1650/month . Two units 1 Bedroom and 1 Bath each $1325/month and $1075/month. Income about $5,700/month. Rents are below market. This stunning 4 units is few blocks to downtown Montrose-award winning schools, each unit has its own laundry hookups and has 4 car garages. This is definitely a very hot, one-of-a-kind in Montrose prime area, priced right and will not last long in this market.

Last Agent to Sell the Property

Vartan Markarian

Markarian Realty License #01059771 Listed on: 11/17/2016

Last Buyer's Agent

Vartan Markarian

Markarian Realty License #01059771 Listed on: 11/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,462

Year Built

  • Built in 1948

Lot Details

  • 9,037 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,900 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 5807021030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,462

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 5807021030
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One, Two
  • Price Per Square Foot: 379.31

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9037.00
  • Lot Size Acres: 0.2075

Multi Family

  • Lot Size Area: 9037.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Jan 23, 2017
Sold by
Thompson Tommy Mitchell and Estate Of Tommy Leroy Thompson
Bought by
Carusa Anthony and Shen Alice
Seller's Agent
Vartan Markarian
Markarian Realty
Buyer's Agent
Vartan Markarian
Markarian Realty
List Price
$999,900
Sold Price
$1,100,000
Premium/Discount to List
$100,100
10.01%
Current Estimated Value
$1,557,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,857
Avg. Annual Appreciation
4.05%
Original Mortgage
$825,000
Outstanding Balance
$680,650
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$877,207

Purchase Details

Closed on
Apr 15, 2015
Sold by
Thompson Tommy L
Bought by
Thompson Tommy M
Source: Public Records

Range of Values:

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Average Value
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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
Carusa Anthony $1,100,000 Priority Title
Thompson Tommy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carusa Anthony $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2017 01/25/17 Sold $1,100,000 +10.0% $379 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $999,900 -- $345 / 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 $14,462 $1,276,640 $696,348 $580,292
2024 $14,462 $1,251,609 $682,695 $568,914
2023 $13,799 $1,227,068 $669,309 $557,759
2022 $13,559 $1,203,009 $656,186 $546,823
2021 $13,323 $1,179,421 $643,320 $536,101
2019 $12,817 $1,144,440 $624,240 $520,200
2018 $12,539 $1,122,000 $612,000 $510,000
2016 $1,424 $97,288 $25,034 $72,254
2015 $1,392 $95,827 $24,658 $71,169
2014 $1,406 $93,950 $24,175 $69,775
Source: Public Records

Agents Affiliated with this Home

  • Vartan Markarian

    Seller's Agent in 2017

    Vartan Markarian

    Markarian Realty

    (818) 860-7386

    4 in this area

    119 Total Sales

    Vartan Markarian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 316010595

California Regional Multiple Listing Service (CRMLS)

APN: 5807-021-030

California Los Angeles County Montrose 91020 Sparr Heights

2449 Florencita Ave, Montrose, CA

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