$955,000
SOLD AUG 27, 2025
9 Beds
9 Baths
4,468 Sq Ft
0.27 Acres

Recently Sold

$214 Per Sq Ft

1% Above List Price

9 Days on Market

About This Home

As of August 2025

Property with income generating potential in desirable location in Downtown Lancaster ! The building contains four units each with spacious floorpans and their own two car garage. Separate gas and electric meters and laundry hook ups in each unit. Close to schools , shopping, restaurants , supermarkets , gas station and freeways. Property is tenant occupied please do not disturb tenants. Sold as is.

Last Agent to Sell the Property

Minela Subasic

CURB® Brokerage Phone: 704-560-0491 License #02283458 Listed on: 06/18/2025

Last Buyer's Agent

Sergei Hovsepyan

Signature One Realty Group Inc. License #01992656

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,468 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 44187
  • Assessor Parcel Number 3140030026
  • $2,503 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Zoning: LRRA6500*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 3140030026
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 213.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11556.00
  • Lot Size Acres: 0.2653

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 5950.00
  • Lot Size Area: 11556.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5950.00

Tax Info

  • Tax Census Tract: 9005.01
  • Tax Lot: 4
  • Tax Tract Number: 44187
  • TaxOtherAnnualAssessmentAmount: 2503.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Aug 4, 2025
Sold by
Chen Karen Linhua
Bought by
Knyazyan Hripsime
Seller's Agent
Minela Subasic
CURB®
Buyer's Agent
Sergei Hovsepyan
Signature One Realty Group Inc.
List Price
$950,000
Sold Price
$955,000
Premium/Discount to List
$5,000
0.53%
Views
10
Current Estimated Value
$959,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,370
Avg. Annual Appreciation
1.39%
Original Mortgage
$668,000
Outstanding Balance
$667,425
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$291,945

Purchase Details

Listed on
Jan 30, 2015
Closed on
Oct 5, 2015
Sold by
Bievre Edward D and Bievre Monique
Bought by
Chen Karen Linhua
Seller's Agent
Carlos Esparza
RE/MAX All-Pro
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$270,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2013
Sold by
Bievre Edward D and Bievre Monique
Bought by
Bievre Edward D and Bievre Monique

Purchase Details

Closed on
Mar 9, 2007
Sold by
Tennies Max
Bought by
Tennies Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2007
Sold by
Tennies Kimberly
Bought by
Bievre Edward D and Bievre Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Tennies Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.22%

Purchase Details

Closed on
Jun 25, 1997
Sold by
Blyoder John A and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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 Type Sale Price Title Company
Grant Deed $955,000 Diamond Global Escrow, Inc
Grant Deed $535,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $680,000 Chicago Title Co
Corporate Deed $170,000 Investors Title Company
Trustee Deed $126,400 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $668,000 New Conventional
Previous Owner $270,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 Sold $955,000 +0.5% $214 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $950,000 0.0% $213 / Sq Ft
06/18/2025 06/18/25 For Sale $950,000 +77.6% $213 / Sq Ft
10/26/2015 10/26/15 Sold $535,000 -2.7% $120 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $550,000 -- $123 / 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 $10,192 $651,082 $106,539 $544,543
2024 $10,192 $638,316 $104,450 $533,866
2023 $9,995 $625,801 $102,402 $523,399
2022 $9,813 $613,532 $100,395 $513,137
2021 $9,644 $601,503 $98,427 $503,076
2019 $9,369 $583,663 $95,508 $488,155
2018 $9,205 $572,220 $93,636 $478,584
2016 $8,717 $550,000 $90,000 $460,000
2015 $6,470 $360,000 $90,000 $270,000
2014 $6,101 $330,000 $82,600 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25137484

California Regional Multiple Listing Service (CRMLS)

APN: 3140-030-026