NOT LISTED FOR SALE

43643 8th St E Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $950,000 - $1,082,106

9 Beds
9 Baths
4,468 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $555,000 $124 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,130/month

23 Days on Market

About This Home

As of July 2017

Here is a very well maintained, fully rented 4Plex across the street from a commercial center that includes Vallarta Supermarket, Walgreens, Starbucks and some fast food for your tenant's convenience. The following improvements were completed only a couple years ago; new roof, 3 new A/C compressor units and new exterior paint, partial zeroscape (yet still enough grass remains to play and enjoy) and low-flow showers and toilets installed for water conservation. This property is gated for tenant privacy, has 2 car attached garages for each unit, laundry hookups in 3 garages and Unit 4 has them inside. This property is professionally managed locally.

Last Agent to Sell the Property

Gregory Eliopulos

Berkshire Hathaway HomeServices Troth, REALTORS License #00860721 Listed on: 03/21/2017

Berkshire Hathaway HomeServices Troth, REALTORS

Co-Listed By

Kristin Eliopulos

Berkshire Hathaway HomeServices Troth, REALTORS License #01458286

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.26

Home Design

  • 4,468 Sq Ft Home
  • Tile Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3140-036-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: From Hwy 14, exit Ave K and go east, turn north on 8th St East to property. Please do not disturb tenants.
  • Income Producing: Yes
  • Listing Member Name: Gregory T Eliopulos
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.97
  • Square Footage: 4468.00
  • Tract Suffix: Street
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 142500.00
  • Total Bathrooms: 9.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile

Garage/Parking

  • AdditionalInfoCoveredParkingSpaces: 8

Utilities

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

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.26
  • Zoning: MDR

Rental Info

  • Pet Deposit: 10%

Tax Info

  • Assessor Parcel Number: 3140-036-007

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Koucherian Edouard and Koucherian Anahid
Bought by
Koucherian Revocable Living Trust and Koucherian
Current Estimated Value
$1,008,527

Purchase Details

Closed on
Apr 20, 2017
Sold by
Spann Richard E
Bought by
Koucherian Edouard and Koucherian Anahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Thompson Mark E
Bought by
Thompson Mark E and The Mark E Thompson 2004 Trust

Purchase Details

Closed on
Jul 6, 2010
Sold by
Thompson Cynthia A
Bought by
Thompson Mark E

Purchase Details

Closed on
Jul 1, 2010
Sold by
Thompson Mark E and Thompson Cynthia A
Bought by
Thompson Mark E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koucherian Revocable Living Trust -- None Listed On Document
Koucherian Edouard $555,000 Chicago Title Company
Thompson Mark E -- None Available
Thompson Mark E -- None Available
Thompson Mark E -- None Available
Thompson Mark E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koucherian Edouard $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $555,000 -2.6% $124 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $570,000 -- $128 / 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 $9,961 $631,491 $96,714 $534,777
2024 $9,961 $619,110 $94,818 $524,292
2023 $9,769 $606,971 $92,959 $514,012
2022 $9,592 $595,071 $91,137 $503,934
2021 $9,426 $583,403 $89,350 $494,053
2019 $9,158 $566,100 $86,700 $479,400
2018 $8,998 $555,000 $85,000 $470,000
2016 $6,038 $322,172 $64,428 $257,744
2015 $5,968 $317,334 $63,461 $253,873
2014 $5,880 $311,118 $62,218 $248,900
Source: Public Records

Agents Affiliated with this Home

  • Gregory Eliopulos

    Seller's Agent in 2017

    Gregory Eliopulos

    Berkshire Hathaway HomeServices Troth, REALTORS

    (661) 810-8281

    3 in this area

    82 Total Sales

    Gregory Eliopulos
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kristin Eliopulos

    Berkshire Hathaway HomeServices Troth, REALTORS

  • U

    Buyer's Agent in 2017

    Unknown Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17002604

Greater Antelope Valley Association of REALTORS®

APN: 3140-036-007

California Los Angeles County Lancaster 93535 East Lancaster

43643 8th St E, Lancaster, CA

Not Listed for Sale

MultiFamily

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