NOT LISTED FOR SALE

Estimated Value: $1,136,000 - $1,279,715

10 Beds
8 Baths
5,388 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $770,000 $143 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,321/month

4 Days on Market

Highlights

  • 0.69 Acre Lot
  • Walk-In Closet
  • Laundry Room
  • No HOA
  • Living Room
  • Central Heating and Cooling System

About This Home

As of April 2019

Location Location LOCATION! Great Income Producing Quadruplex. 4 Units Total. Each Unit Has Its Own 2 Car Garage. Each Unit Is Separate From Each Other. 10 Bedrooms & 8 Baths Total! Two Of The Four Units Are 3 Bedrooms And 2 Bathrooms. The Other Two Units Are 2 Bedrooms And Two Bathrooms. Close To Schools, Shopping, And Freeway.

Last Agent to Sell the Property

Shirin Talai

STS Real Estate Brokerage, Inc. License #01720782 Listed on: 03/16/2019

Last Buyer's Agent

Marina Ingman

Robinson Realty License #01183738

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.69 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,388 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 45535
  • Assessor Parcel Number 3018016048

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $371
  • Gardener Expense $2,440
  • Insurance Expense $1,550
  • Pest Control $85
  • Trash Expense $1,578
  • Water Sewer Expense $1,690
  • New Taxes Expense $4,123
  • Operating Expense $11,837
  • Gross Income $65,328
  • Net Operating Income $53,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

8

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1690.00
  • Zoning: PDR1*
  • Property Type: Residential Income
  • Gardener Expense: 2440.00
  • Parcel Number: 3018016048
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 142.91
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 85.00
  • Sewer: Public Sewer
  • Trash Expense: 1578.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 29929.00
  • Lot Size Acres: 0.6871

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 371.00
  • Gross Income: 65328.00
  • Gross Scheduled Income: 65328.00
  • Insurance Expense: 1550.00
  • Lot Size Area: 29929.0000 Square Feet
  • Net Operating Income: 53532.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 11796.00
  • Rent Control: No
  • Total Actual Rent: 5455.00
  • Total Expenses: 11837.00

Tax Info

  • New Taxes Expense: 4123.00
  • Tax Census Tract: 9106.01
  • Tax Lot: 6
  • Tax Tract Number: 45535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 1, 2019
Sold by
Goldstein Scott C and Kordestani Razieh
Bought by
Shtok Yan
Seller's Agent
Shirin Talai
STS Real Estate Brokerage, Inc.
Buyer's Agent
Marina Ingman
Robinson Realty
List Price
$750,000
Sold Price
$770,000
Premium/Discount to List
$20,000
2.67%
Current Estimated Value
$1,202,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,929
Avg. Annual Appreciation
6.90%
Original Mortgage
$500,000
Outstanding Balance
$440,474
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$762,455

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 7, 2016
Sold by
Diaz Bernardo J
Bought by
Goldstein Scott C and Kordestani Razieh
Seller's Agent
Farris Tarazi
Century 21 Masters
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$428,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Estrada Hilario and Estrada Esther G
Bought by
Diaz Bernardo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1999
Sold by
Garcia Abel and Garcia Amalia C
Bought by
Diaz Bernardo J

Purchase Details

Closed on
Jun 4, 1999
Sold by
Garcia Robert G and Garcia Rocio V
Bought by
Diaz Bernardo J

Purchase Details

Closed on
Oct 19, 1995
Sold by
Glendale Federal Bank
Bought by
Garcia Abel and Garcia Amalia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 1995
Sold by
Burri Paul M and Burri Betty A
Bought by
Glendale Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 1994
Sold by
Wallace Michael
Bought by
Burri Paul M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shtok Yan $770,000 Stewart Title
Goldstein Scott C $580,000 First American Title
Diaz Bernardo J -- Commerce Title
Diaz Bernardo J -- --
Diaz Bernardo J -- --
Garcia Abel $155,000 Fidelity Title
Glendale Federal Bank Fsb $256,986 --
Burri Paul M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shtok Yan $500,000
Previous Owner Goldstein Scott C $428,000
Previous Owner Diaz Bernardo J $268,000
Previous Owner Garcia Abel $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2019 04/23/19 Sold $770,000 +2.7% $143 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $750,000 +29.3% $139 / Sq Ft
08/17/2016 08/17/16 Sold $580,000 -4.9% $108 / Sq Ft View Prior Sale
08/05/2016 08/05/16 Sold $610,000 -2.4% $113 / Sq Ft View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
06/29/2016 06/29/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $625,000 0.0% $116 / Sq Ft
05/10/2016 05/10/16 For Sale $625,000 -- $116 / 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 $12,445 $858,945 $128,840 $730,105
2024 $12,445 $842,104 $126,314 $715,790
2023 $12,326 $825,593 $123,838 $701,755
2022 $11,836 $809,406 $121,410 $687,996
2021 $11,600 $793,536 $119,030 $674,506
2019 $1,961 $603,431 $90,514 $512,917
2018 $9,163 $591,600 $88,740 $502,860
2016 $5,183 $274,213 $47,711 $226,502
2015 $5,132 $270,095 $46,995 $223,100
2014 $5,092 $264,805 $46,075 $218,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19057446

California Regional Multiple Listing Service (CRMLS)

APN: 3018-016-048