NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,479,000

5 Beds
3 Baths
2,459 Sq Ft
$588/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $1,340,000 $545 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,958/month

25 Days on Market

Highlights

  • Dual Staircase
  • Contemporary Architecture
  • No HOA
  • R. L. Stevenson Elementary School Rated A
  • Corner Lot
  • Laundry Room

About This Home

As of December 2023

Location Location!!! First time on the market in 40 years. with a nice backyard and side yard for tenants to enjoy. Located close to shopping and walking distance to restaurants. close to freeways and major studious.

Last Agent to Sell the Property

Eugenia Hernandez

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00861063 Listed on: 10/12/2023

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,063

Year Built

  • Built in 1948

Lot Details

  • 7,936 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Corner Lot

Parking

  • 1 Open Parking Space
  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Triplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,459 Sq Ft Home
  • 1-Story Property
  • Dual Staircase
  • Utility Room
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Utilities

  • Floor Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 186
  • Tax Tract Number 10141
  • Assessor Parcel Number 2482008019

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $200
  • Professional Management Expense $300
  • Operating Expense $4,000
  • Gross Income $63,200
  • Net Operating Income $63,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,063

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Price Per Unit: 466667
  • Professional Management Expense: 300.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: BUR3
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2482008019
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: No
  • Price Per Square Foot: 544.94
  • Room Type: All Bedrooms Down, Laundry, Utility Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7936.00
  • Lot Size Acres: 0.1822

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 63200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7936.0000 Square Feet
  • Net Operating Income: 63200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4000.00
  • Rent Control: No
  • Total Expenses: 4000.00

Tax Info

  • Tax Lot: 186
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 16, 2023
Sold by
Coffelt Trust
Bought by
Asadorian Vazgen and Margosian Arsineh
Seller's Agent
Eugenia Hernandez
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,400,000
Sold Price
$1,340,000
Premium/Discount to List
-$60,000
-4.29%
Views
55
Current Estimated Value
$1,445,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,790
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,072,000
Outstanding Balance
$1,056,027
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$389,763

Purchase Details

Closed on
Jul 28, 2005
Sold by
Coffelt Ramona and Medley Gail Coffelt
Bought by
Coffelt Ramon A and The Jack H & Ramona A Coffelt

Purchase Details

Closed on
Sep 25, 1996
Sold by
Coffelt Jack H and Coffelt Ramona
Bought by
Coffelt Jack H and Coffelt Ramona
Source: Public Records

Range of Values:

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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
Asadorian Vazgen $1,340,000 Fidelity - Sherman Oaks
Coffelt Ramon A -- Ticor Title Company
Coffelt Jack H -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asadorian Vazgen $1,072,000
Previous Owner Coffelt Ramona $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $1,340,000 -4.3% $545 / Sq Ft
10/12/2023 10/12/23 For Sale $1,400,000 -- $569 / 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 $15,063 $1,366,800 $1,020,000 $346,800
2024 $15,063 $1,340,000 $1,000,000 $340,000
2023 $3,139 $251,400 $86,180 $165,220
2022 $3,004 $246,472 $84,491 $161,981
2021 $2,979 $241,640 $82,835 $158,805
2020 $2,945 $239,543 $81,986 $157,557
2019 $2,865 $234,855 $80,379 $154,476
2018 $2,771 $230,258 $78,803 $151,455
2016 $2,610 $220,953 $75,744 $145,209
2015 $2,560 $217,635 $74,607 $143,028
2014 $2,574 $213,373 $73,146 $140,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23189889

California Regional Multiple Listing Service (CRMLS)

APN: 2482-008-019