NOT LISTED FOR SALE

2845 Mary St La Crescenta, CA 91214

Estimated Value: $1,222,000 - $2,518,000

4 Beds
2 Baths
1,940 Sq Ft
$855/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $955,000 $492 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,621/month

11 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 1 Car Garage
  • La Crescenta Elementary School Rated A-
  • Floor Furnace
  • 1-Story Property

About This Home

As of July 2018

Rare Opportunity to purchase 2 Houses on one lot (2845 and 2847 Mary Street) without a shared wall. Each home has 2 bedrooms and 1 bath with their own 1 car garage/driveway and yards. Located in the heart of La Crescenta, close to shopping and award winning schools. This makes the cost per home $487,500 making it ideal for either an investor or owner user. The units have hardwood floors and washer/dryer hook ups inside each unit.

Property next door (2849 Mary Street - MLS #BB18105192) with the same features is also listed for sale. They can be purchased together but the seller will entertain offers to sell them separately.

Last Agent to Sell the Property

Armen Vartanians

Prodigy Realty Group Inc. License #01237707 Listed on: 05/04/2018

Co-Listed By

Ahmad Abghari

Prodigy Realty Group Inc. License #00836102

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,524 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway
  • Assigned Parking

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 3005
  • Assessor Parcel Number 5801013035

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $100
  • Trash Expense $65
  • Water Sewer Expense $170
  • New Taxes Expense $1,016
  • Operating Expense $1,451
  • Gross Income $44,100
  • Net Operating Income $44,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 170.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 5801013035
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 492.27
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 65.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6524.00

Multi Family

  • Gross Income: 44100.00
  • Gross Scheduled Income: 44100.00
  • Insurance Expense: 100.00
  • Net Operating Income: 44100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1450.60

Tax Info

  • New Taxes Expense: 1015.60
  • Tax Census Tract: 3005.01
  • Tax Lot: 9
  • Tax Tract Number: 3005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Movsessian Virginia and Torossian Greta
Bought by
2845 Mary St Llc
Current Estimated Value
$1,658,116

Purchase Details

Closed on
Mar 13, 2024
Sold by
Movsessian Pierre
Bought by
Movsessian Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2024
Sold by
Arzoomanian Family Trust and Arzoomanian Vahik
Bought by
Movsessian Virginia and Torossian Greta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2020
Sold by
Arzoomanian Vahik and Arzoomanian Melina
Bought by
Arzoomanian Vahik and Arzoomanian Melina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Arzoomanian Family Trust
Bought by
Arzoomanian Vahik and Arzoomanian Melina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2018
Sold by
Arzoomanian Vahik and Arzoomanian Malina
Bought by
Arzoomanian Vahik and Arzoomanian Malina

Purchase Details

Listed on
May 4, 2018
Closed on
May 18, 2018
Sold by
Campbell William M
Bought by
Arzoomanian Vahik and Arzoomanian Melina
Seller's Agent
Armen Vartanians
Prodigy Realty Group Inc.
List Price
$975,000
Sold Price
$955,000
Premium/Discount to List
-$20,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$580,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Cobb Lori and The Ethelyn C Runyon Family Tr
Bought by
Campbell William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2845 Mary St Llc -- --
Movsessian Virginia -- Chicago Title Company
Movsessian Virginia $2,500,000 Chicago Title Company
Arzoomanian Vahik -- Lawyers Title Company
Arzoomanian Vahik -- Lawyers Title Company
Arzoomanian Vahik -- None Available
Arzoomanian Vahik $955,000 Priority Title
Campbell William M $650,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Movsessian Virginia $1,750,000
Previous Owner Arzoomanian Vahik $593,500
Previous Owner Arzoomanian Vahik $584,000
Previous Owner Arzoomanian Vahik $580,000
Previous Owner Campbell William M $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $955,000 -2.1% $492 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $975,000 -- $503 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,133 $1,274,898 $805,698 $469,200
2024 $12,133 $1,044,429 $656,186 $388,243
2023 $11,695 $1,023,951 $643,320 $380,631
2022 $11,301 $1,003,874 $630,706 $373,168
2021 $11,107 $984,191 $618,340 $365,851
2019 $10,684 $955,000 $600,000 $355,000
2018 $8,766 $778,266 $658,168 $120,098
2016 $8,364 $748,047 $632,611 $115,436
2015 $7,790 $700,000 $588,000 $112,000
2014 $7,877 $700,000 $588,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18105160

California Regional Multiple Listing Service (CRMLS)

APN: 5801-013-035

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