NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,946,000

8 Beds
4 Baths
3,256 Sq Ft
$475/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,460,000 $448 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,085/month

20 Days on Market

About This Home

As of October 2022

Discover the perfect 2-bedroom, 1-bathroom apartment nestled in the heart of California's sunshine paradise!

Modern Elegance: Step into a world of contemporary style and comfort. Our thoughtfully designed apartment boasts a modern interior, creating a space that's both functional and aesthetically pleasing.

Culinary Delights: Cook up a storm in your fully-equipped kitchen featuring a 5-burner stove that ignites your culinary passions. The possibilities are endless!

Laundry Made Easy: Say goodbye to laundromat trips! Our apartment comes with convenient laundry hookups, making laundry day a breeze.

Stay Cool, Always: Embrace the warm California sun while staying cool indoors. The apartment is equipped with air conditioning, providing the perfect escape from the summer heat.

Hassle-Free Parking: No more searching for parking! Your future home includes a parking garage, exclusively available for you.

Sunlit Serenity: Bask in the soothing embrace of abundant natural light that floods the spacious layout. With fresh paint and new waterproof vinyl plank floors, this apartment emanates a warm and welcoming ambiance, making it truly feel like home.

Prime Location: Situated in a coveted area, you'll enjoy easy access to all the city's hotspots, vibrant culture, and top-notch amenities.

Your Perfect Sanctuary: Whether you're a professional seeking tranquility after a busy day or a family looking for a nurturing space, this apartment is a sanctuary designed for you.

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 07/06/2022

Last Buyer's Agent

Larson Harley

Lyon Stahl Investment Real Estate, Inc. License #02045736

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,481

Year Built

  • Built in 1946

Lot Details

  • 6,612 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units
  • Vacancy Allowance $3,127

Listing and Financial Details

  • Assessor Parcel Number 4011-012-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,481

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3256
  • Lot Acreage: 0.1518
  • Price Per Unit: 375000.00
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 460.69

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 338815
  • Assessed Land Percent: 60
  • Assessed Land Value: 508222
  • Total Assessed Value: 847037
  • Assessor Parcel Number: 4011-012-014
  • Lot Size Area: 6612

Rental Info

  • Total Actual Rent: 104220.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.39
  • Number Of Units: 4
  • Total Annual Expense: 27279
  • Type Of Units: 2 BD + 1 BA
  • Vacancy Allow: 3127
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 2

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 18750.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Stadium Residence Llc
Bought by
Avanessian Sevag and Hanson Katie A
Current Estimated Value
$1,545,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2017
Sold by
Tran Tuyet H and Laudicina Salvatore A
Bought by
Stadium Residence Llc

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jun 1, 2016
Sold by
Llerenas John
Bought by
Tran Tuyet H and Laudicina Salvatore A
Seller's Agent
Mac Umer
RE/MAX Top Team
Buyer's Agent
Mac Umer
RE/MAX Top Team
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$592,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Papaian Seda
Bought by
Llerenas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Williams Montel N
Bought by
Papaian Seda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Williams Patricia
Bought by
Williams Glen and Williams Patricia D

Purchase Details

Closed on
Dec 3, 2003
Sold by
The Palma Family Trust
Bought by
Williams Patricia
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
Avanessian Sevag $1,641,818 Old Republic Title
Stadium Residence Llc -- None Available
Tran Tuyet H $790,000 Title 365
Llerenas John $360,000 Stewart Title
Papaian Seda $679,000 Fatcola
Williams Montel N -- First American Title Company
Williams Glen -- None Available
Williams Patricia $450,000 Chicago Title Co
Williams Patricia -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avanessian Sevag $870,000
Previous Owner Avanessian Sevag $870,000
Previous Owner Tran Tuyet H $592,500
Previous Owner Llerenas John $253,000
Previous Owner Llerenas John $278,000
Previous Owner Llerenas John $288,000
Previous Owner Papaian Seda $696,000
Previous Owner Papaian Seda $85,900
Previous Owner Papaian Seda $147,100
Previous Owner Papaian Seda $78,900
Previous Owner Papaian Seda $563,000
Previous Owner Papaian Seda $543,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2024 03/17/24 For Rent $2,295 0.0% --
07/25/2023 07/25/23 For Rent $2,295 0.0% --
10/25/2022 10/25/22 Sold $1,460,000 -2.7% $448 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $1,500,000 +89.9% $461 / Sq Ft
07/22/2016 07/22/16 Sold $790,000 -1.1% $243 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $799,000 -- $246 / Sq Ft
Source: The MLS

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 $19,481 $1,518,984 $915,552 $603,432
2024 $19,481 $1,489,200 $897,600 $591,600
2023 $19,275 $1,460,000 $880,000 $580,000
2022 $12,260 $863,977 $518,386 $345,591
2021 $12,149 $847,037 $508,222 $338,815
2020 $11,612 $839,012 $503,011 $336,001
2019 $11,422 $822,575 $493,149 $329,426
2018 $11,383 $806,460 $483,480 $322,980
2016 $5,735 $389,610 $313,854 $75,756
2015 $5,680 $383,759 $309,140 $74,619
2014 $5,686 $376,243 $303,085 $73,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-175903

The MLS

APN: 4011-012-014