NOT LISTED FOR SALE

44044 & 44104 Division St Lancaster, CA 93535

East Lancaster Neighborhood
3 Beds
2 Baths
7,721 Sq Ft
0.39 Acres

Last Sold August 31, 2015

Last sale price $690,000 $89 Per Sq Ft

21 Days on Market

Highlights

  • 0.39 Acre Lot
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2015

- Single story, wood frame and stucco construction
- 12 carport parking spaces with alley access
- 8-1+1 from $550 and 4-2+1 from $700
- Professionally managed property
- Newer carport roofs and numerous renovations (per seller)
- Laundry and storage rooms
- Gated entry
- Well manicured, drought tolerant landscaping

Last Agent to Sell the Property

Howard Hanes

No Firm Affiliation License #00282754 Listed on: 07/08/2015

Last Buyer's Agent

Howard Hanes

No Firm Affiliation License #00282754 Listed on: 07/08/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.39 Acre Lot
  • Two or More Common Walls

Parking

  • 12 Parking Spaces

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7,721 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot LARR
  • Tax Tract Number 3
  • Assessor Parcel Number 3141017006

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,477
  • Gardener Expense $1,200
  • Insurance Expense $3,300
  • Maintenance Expense $6,905
  • Professional Management Expense $6,445
  • New Taxes Expense $9,906
  • Gross Income $7,910
  • Net Operating Income $54,107

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 7.48
  • Other Phone Description: Braemon Hanes
  • Other Phone Number: 8188658305
  • Professional Management Expense: 6445.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Zoning: LARR3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 3141017006
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 89.37

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 16821.00
  • Price Per Lot Square Foot: 41.02
  • Lot Size Acres: 0.3860

Multi Family

  • Electric Expense: 2477.00
  • Gross Income: 7910.00
  • Gross Multiplier: 7.62
  • Gross Scheduled Income: 94920.00
  • Insurance Expense: 3300.00
  • Lot Size Area: 16821.0000 Square Feet
  • Maintenance Expense: 6905.00
  • Net Operating Income: 54107.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 37965.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9906.00
  • Tax Lot: LARR
  • Tax Tract Number: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $690,000 -4.6% $89 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $723,000 -- $94 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15148166

California Regional Multiple Listing Service (CRMLS)