NOT LISTED FOR SALE

43205 6th St E Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $1,010,000 - $1,168,000

11 Beds
4 Baths
3,838 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $825,000 $215 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,098/month

114 Days on Market

About This Home

As of January 2021

Great investment property. 4 detached houses on a large 28,972 square foot lot, each with their own address. All houses have newer Evaporate coolers, roofs, and many upgrades. There are no additional City Rent Control concerns! Rents are below market, so opportunity to increase revenue!43202 5th St. has 3 bedrooms and 1 bath. 43205 6th St. has 2 bedrooms and 1 bath. 43209 6th St has 3 bedrooms and 1 bath. 519 E K-8 has 3 bedrooms and 1 bath.Located in good location in area. Close to schools and shopping.

Last Agent to Sell the Property

Allen Wessel

License #01384279 Listed on: 09/18/2020

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,643

Year Built

  • Built in 1946

Lot Details

  • 0.67

Home Design

  • 3,838 Sq Ft Home
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Bathrooms

Additional Features

  • 0.67 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3126-006-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,643

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Capital Rate: 4.70
  • House Faces: E
  • Directions To Property: From Division, take K-8 to property on the corner of 6th st east.
  • Income Producing: Yes
  • Listing Member Name: Allen Wessel
  • Listing Office Short Id: 7225
  • Lot Measurement: SqFt
  • Open House Office I D: 20160324222001942831000000
  • Prop. Type: E
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.92
  • Square Footage: 3838.00
  • Tract Suffix: Street
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 224975.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.67
  • Zoning: LRRA6500*

Tax Info

  • Assessor Parcel Number: 3126-006-012

Multi Family

  • Number2 Bedroom Units: 1.00
  • Number3 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Golden Opportunity No 28 Lp
Bought by
Illidan 28 Lp
Current Estimated Value
$1,093,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 22, 2021
Sold by
Tarakchian Arshak and Setoyan Karina
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Allen Wessel
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$899,900
Sold Price
$825,000
Premium/Discount to List
-$74,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Cm Reo Trust
Bought by
Tarakchian Arshak and Setoyan Karina

Purchase Details

Closed on
Aug 3, 2009
Sold by
Hernandez Jesus
Bought by
Cm Reo Trust

Purchase Details

Closed on
Feb 5, 2007
Sold by
Partida Santa
Bought by
Hernandez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2007
Sold by
Rivas Rosendo L and Rivas Lillian L
Bought by
Hernandez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2001
Sold by
Rivas Rosendo and Rivas Lillian L
Bought by
Rivas Rosendo L and Rivas Lillian L

Purchase Details

Closed on
Nov 21, 1997
Sold by
Rivas Lillian L
Bought by
Rivas Rosendo and Rivas Lillian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.33%
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
Illidan 28 Lp -- Accommodation
Golden Opportunity No 28 Lp $825,000 Fidelity National Title Co
Tarakchian Arshak $143,500 Lsi Title Agency Inc
Cm Reo Trust $220,000 Accommodation
Hernandez Jesus -- First American Title Co
Hernandez Jesus $525,000 First American Title Co
Rivas Rosendo L -- --
Rivas Rosendo -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Illidan 28 Lp $25,000,000
Previous Owner Hernandez Jesus $472,500
Previous Owner Rivas Rosendo $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $825,000 -8.3% $215 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
09/18/2020 09/18/20 For Sale $899,900 -- $234 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $13,643 $893,005 $135,304 $757,701
2024 $13,643 $936,360 $140,454 $795,906
2023 $13,361 $918,000 $137,700 $780,300
2022 $12,410 $841,500 $127,500 $714,000
2021 $4,338 $171,115 $42,804 $128,311
2020 $4,301 $169,362 $42,366 $126,996
2019 $4,242 $166,042 $41,536 $124,506
2018 $4,181 $162,787 $40,722 $122,065
2016 $3,982 $156,468 $39,142 $117,326
2015 $3,944 $154,119 $38,555 $115,564
2014 $3,910 $151,101 $37,800 $113,301
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Allen Wessel

  • U

    Buyer's Agent in 2021

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 20007546

Greater Antelope Valley Association of REALTORS®

APN: 3126-006-012

California Los Angeles County Lancaster 93535 East Lancaster

43205 6th St E, Lancaster, CA

This home is located at 43205 6th St E, Lancaster, CA 93535 since 18 September 2020 and is currently estimated at $1,093,940, approximately $285 per square foot. This property was built in 1946. 43205 6th St E is a home located in Los Angeles County with nearby schools including Jack Northrop Elementary School, New Vista Middle School, and Eastside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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