NOT LISTED FOR SALE

44301 Cedar Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $580,000 - $723,044

6 Beds
4 Baths
2,764 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $458,000 $166 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,169/month

8 Days on Market

About This Home

As of March 2020

GREAT INVESTMENT PROPERTY. This 4-PLEX offers a great investment opporitunity to anyone looking for positive cash-flow form the beginning. Both roofs are less than 3 year old, the property has updated windows throughout and 3 of the 4 homes have had a substantial rehab in the last 12 months. This one will go FAST.

Last Agent to Sell the Property

Kevin patterson

RE/MAX All-Pro License #01433032 Listed on: 01/21/2020

Last Buyer's Agent

Kevin Patterson

RE/MAX All-Pro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 2,764 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3132-007-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions To Property: Ave J, south on Cedar. Property on the West side of the street.
  • Income Producing: Yes
  • Listing Member Name: Kevin Patterson
  • Lot Measurement: SqFt
  • Prop. Type: Multi-Family
  • Sp Percent Lp: 1.05
  • Square Footage: 2764.00
  • Tract Suffix: Avenue
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 108750.00
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Frame, Stucco
  • Roof: Composition

Garage/Parking

  • AdditionalInfoOpenParkingSpaces: 3

Utilities

  • Cooling Type: Central Air/Evap
  • HeatingTypes: Wall Furnace

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.21
  • Zoning: LRR2

Rental Info

  • Pet Deposit: 10000.00

Tax Info

  • Assessor Parcel Number: 3132-007-012

Multi Family

  • Number2 Bedroom Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Boghosian Mirna
Bought by
M B Living Trust and Boghosian
Current Estimated Value
$665,011

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 4, 2020
Sold by
Ca Rcg Llc
Bought by
Boghosian Mirna and Boghosian Arman
Seller's Agent
Kevin patterson
RE/MAX All-Pro
Buyer's Agent
Kevin patterson
RE/MAX All-Pro
List Price
$435,000
Sold Price
$458,000
Premium/Discount to List
$23,000
5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$337,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Reavans Capital Group Llc
Bought by
Ca Rog Llc

Purchase Details

Closed on
Nov 19, 2015
Sold by
Kojima Takenori
Bought by
Reavans Capital Group Llc

Purchase Details

Listed on
Dec 10, 2013
Closed on
Sep 24, 2014
Sold by
Hakim Michael
Bought by
Kojima Takenori
Seller's Agent
Gilmer Karim Pozo
Prominence Real Estate
Buyer's Agent
Rebecca Pang
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Mar 23, 2011
Sold by
Martinez Josue and Martinez Veronica
Bought by
Hakim Michael

Purchase Details

Closed on
May 17, 2001
Sold by
Barnes Patricia Ann
Bought by
Martinez Josue and Martinez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1998
Sold by
Taylor James C and Taylor Ellen Jo Baron
Bought by
Barnes Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,050
Interest Rate
7.5%
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
M B Living Trust -- None Listed On Document
Boghosian Mirna $458,000 First American Title
Ca Rog Llc -- Accommodation
Reavans Capital Group Llc $265,000 Old Republic Title Company
Kojima Takenori $265,000 Pacific Coast Title
Hakim Michael $139,000 None Available
Martinez Josue $144,000 First American Title Co
Barnes Patricia Ann $117,500 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boghosian Mirna $337,500
Previous Owner Martinez Josue $131,950
Previous Owner Barnes Patricia Ann $88,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2020 03/20/20 Sold $458,000 +5.3% $166 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $435,000 +64.2% $157 / Sq Ft
11/01/2014 11/01/14 Sold $265,000 -5.3% $96 / Sq Ft View Prior Sale
07/10/2014 07/10/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $279,900 -- $101 / 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 $8,219 $500,886 $76,553 $424,333
2024 $8,219 $491,065 $75,052 $416,013
2023 $8,063 $481,437 $73,581 $407,856
2022 $7,918 $471,998 $72,139 $399,859
2021 $7,786 $462,744 $70,725 $392,019
2020 $6,103 $325,529 $48,709 $276,820
2019 $6,005 $319,162 $47,754 $271,408
2018 $5,904 $312,920 $46,818 $266,102
2016 $5,620 $300,000 $45,000 $255,000
2015 $5,196 $265,000 $66,000 $199,000
2014 $3,793 $146,316 $21,947 $124,369
Source: Public Records

Agents Affiliated with this Home

  • Kevin patterson

    Seller's Agent in 2020

    Kevin patterson

    RE/MAX

    (661) 547-1501

    1 in this area

    30 Total Sales

    Kevin patterson
    Section Image

  • G

    Seller's Agent in 2014

    Gilmer Karim Pozo

    Prominence Real Estate

  • R

    Buyer's Agent in 2014

    Rebecca Pang

  • A

    Buyer's Agent in 2014

    Ayano Fujimoto

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 20000572

Greater Antelope Valley Association of REALTORS®

APN: 3132-007-012

California Los Angeles County Lancaster 93534 Central Lancaster

44301 Cedar Ave, Lancaster, CA

Not Listed for Sale

MultiFamily

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