
Seller's Agent in 2023
Martin Laufer
RE/MAX
(818) 335-5457
1 in this area
30 Total Sales
Estimated Value: $1,194,000 - $1,286,000
This triplex property is on the market for the first time since 1951 (72 years). It has been family owned and occupied most of that time. The main house has 3 bedroom and 2 bathrooms, and it has an attached 2 car garage. The front 2 units are 1 bedroom, 1 bathroom units of 560 square feet according to the tax rolls. There is room to build behind the front 2 units. There is deferred maintenance that may prevent getting a loan on the property. The current condition of the property is much as it was fifty years ago. There is a great deal of upside to this property due to the potential to enlarge the front two units and upgrade the rear house. There is no current rental information for the subject so the buyer should do market research for what they can expect in rents from the subject after they prepare the property for occupancy if that is their plan. This is a trust sale by a successor trustee. The successor trustee has not lived in the property in decades and the full financial information has not been provided, so operating expenses are an unknown, as are the pro forma rents for the 3 units. The property directly behind the subject is currently adding a 2 story unit at the rear of their lot. The successor trustee is still researching the electric and water amounts which will be added to this listing as soon as they are available.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Frame Gloria B | -- | None Available |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/01/2023 09/01/23 | Sold | $1,115,000 | 0.0% | $471 / Sq Ft |
08/22/2023 08/22/23 | Pending | -- | -- | -- |
08/21/2023 08/21/23 | Off Market | $1,115,000 | -- | -- |
08/17/2023 08/17/23 | For Sale | $1,100,000 | -- | $465 / Sq Ft |
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 | $15,176 | $1,137,300 | $816,000 | $321,300 |
2024 | $15,176 | $1,115,000 | $800,000 | $315,000 |
2023 | $1,966 | $85,005 | $23,292 | $61,713 |
2022 | $1,917 | $83,339 | $22,836 | $60,503 |
2021 | $1,879 | $81,706 | $22,389 | $59,317 |
2020 | $1,855 | $80,869 | $22,160 | $58,709 |
2019 | $1,851 | $79,284 | $21,726 | $57,558 |
2018 | $1,645 | $77,730 | $21,300 | $56,430 |
2016 | $1,551 | $74,714 | $20,474 | $54,240 |
2015 | $1,543 | $73,593 | $20,167 | $53,426 |
2014 | $1,539 | $72,152 | $19,772 | $52,380 |
Seller's Agent in 2023
Martin Laufer
RE/MAX
(818) 335-5457
1 in this area
30 Total Sales
Buyer's Agent in 2023
Andy Huynh
Pinnacle Real Estate Group
(626) 289-6660
14 in this area
56 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23152393
APN: 5289-007-056