$500,000
SOLD SEP 27, 2024
Last list price

2704 W California Ave Ruston, LA 71270

4 Beds
4 Baths
-- Sq Ft
1.66 Acres

Recently Sold

297 Days on Market

About This Home

As of September 2024

This property is prime location for rental property in Ruston. There are 3 -1 bed 1 bath Duplexes. The property also has 2 single family residences with 2 bedrooms and 1 bath in each. Making a total of 10 bedrooms with 8 bathrooms. Close to Louisiana Tech and Grambling. 100% rented. Large part of property not developed and can be built on with approval from the City to add to rental income. Can be purchased with 2700 W. California which has been used as a rental property.

Last Agent to Sell the Property

Libby Gleason

Louisiana Orchard Realty LLC License #995694777 Listed on: 09/07/2023

Last Buyer's Agent

Andrea Brown

French Realty, LLC License #995710935

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,341

Year Built

  • 1963

Lot Details

  • 1.66 Acre Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Masonite

Kitchen

  • Electric Oven
  • Electric Range

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • Insurance Expense $2,858
  • Manager Expense $9
  • Gross Income $4,375

Listing and Financial Details

  • Assessor Parcel Number 34183000045

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,341

Year Built

1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: City of Ruston
  • Estimated Number of Acres: 1.66
  • Parish: LINCOLN
  • Price Per Sq Ft: 240963.86
  • Water Companies: City of Ruston
  • Year Built: 1963
  • Directions: Heading west on Hwy 80 leaving Ruston, property will be on your right
  • Geo Longitude: -92.669056
  • Mls Number: 207299
  • Subdivision: OTHER
  • System ID: 207299
  • Insurance Expense: 2858.21
  • Management Expense: 9%
  • Occupied Percent: 100
  • Property Tax Parish: 2,243.56
  • Utilities Paid By Landlord: 125.00-Water
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven

Exterior Features

  • Exterior: Masonite
  • Exterior Amenities: Hard Surface Drive
  • Foundation: Slab
  • Roof: Metal

Utilities

  • Cooling: Wall/Window Unit
  • Heating: Window Unit
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 1.66
  • Parcel Number: 34183000045
  • Price Per Acre: 301204.82
  • Zoning: B-1

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Brantley Ranch Llc
Bought by
Tech Townhouses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$552,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$117,248

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 30, 2024
Sold by
Lighthouse Rental Properties Llc and Rodney And Betty Fuqua Family Living Tru
Bought by
Brantley Ranch Llc
Seller's Agent
Libby Gleason
Louisiana Orchard Realty LLC
Buyer's Agent
Andrea Brown
French Realty, LLC
List Price
$500,000
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.32%
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 Type Sale Price Title Company
Deed $665,000 None Listed On Document
Deed $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,000 New Conventional
Previous Owner $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $799,000 -6.0% --
03/19/2025 03/19/25 For Sale $850,000 +70.0% --
09/27/2024 09/27/24 Sold -- -- --
09/22/2024 09/22/24 For Sale $500,000 0.0% --
09/07/2024 09/07/24 Off Market -- -- --
09/07/2023 09/07/23 For Sale $500,000 -- --
Source: Northeast REALTORS® of Louisiana

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
2024 $2,341 $27,425 $4,338 $23,087
2023 $2,233 $25,121 $2,464 $22,657
2022 $2,244 $25,121 $2,464 $22,657
2021 $2,077 $25,121 $2,464 $22,657
2020 $1,963 $23,617 $2,464 $21,153
2019 $1,918 $23,617 $2,464 $21,153
2018 $1,866 $23,617 $2,464 $21,153
2017 $1,870 $23,617 $2,464 $21,153
2016 $1,863 $0 $0 $0
2015 $1,803 $20,989 $2,198 $18,791
2013 $1,916 $21,958 $2,198 $19,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 207299

Northeast REALTORS® of Louisiana

APN: 2137