NOT LISTED FOR SALE

44327 Cedar Ave Lancaster, CA 93534

Central Lancaster Neighborhood

Estimated Value: $670,000 - $739,296

7 Beds
4 Baths
3,144 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $720,000 $229 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,731 / mo

29 Days on Market

Highlights

  • Park
  • Zoned Heating and Cooling
  • Block Wall Fence
  • Laundry Room
  • East Facing Home

About This Home

As of June 2022

This well maintained residential income property offers a great opportunity of owning a 4PLEX. This property is comprised of 2 buildings. The front building has 2 units, each one is a 2Bed/1Bath with its own laundry facility inside the unit. The back building has 3 private garages for each of the 2bed/1 bath units, a single, and another 2Bed/1Bath unit on top with its own laundry facility. DO NOT DISTURB OCCUPANTS. DRIVE BY ONLY. Visual inspection upon accepted offer.

Last Agent to Sell the Property

Arbi Derian

COMPASS License #01978010 Listed on: 04/28/2022

COMPASS

Last Buyer's Agent

Frances Reinoso

Keller Williams Premier Prop License #02052272

Keller Williams Premier Prop

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,207 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Block Wall Fence
  • No Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • Parking Lot

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 3132007016

Community Details

Overview

  • 2 Buildings

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,217
  • Trash Expense $1,200
  • Water Sewer Expense $2,040
  • Operating Expense $36,854
  • Gross Income $59,580
  • Net Operating Income $22,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

9,207 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 3.20
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2040.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 3132007016
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Asphalt, Covered, Garage - Three Door, Garage Door Opener, Parking Space
  • Total Parking Spaces: 7.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9207.00
  • Lot Size Acres: 0.2114

Multi Family

  • Gross Income: 59580.00
  • Gross Scheduled Income: 59580.00
  • Insurance Expense: 1217.00
  • Lot Size Area: 9207.0000 Square Feet
  • Net Operating Income: 22723.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 6857.00
  • Rent Control: No
  • Total Actual Rent: 59580.00
  • Total Expenses: 36854.00

Tax Info

  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 11, 2022
Sold by
Farid Yadegar
Bought by
Ibarra Efrain
Seller's Agent
Arbi Derian
COMPASS
Buyer's Agent
Frances Reinoso
Keller Williams Premier Prop
List Price
$699,900
Sold Price
$720,000
Premium/Discount to List
$20,100
2.87%
Current Estimated Value
$709,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,676
Avg. Annual Appreciation
-0.38%
Original Mortgage
$576,000
Outstanding Balance
$543,260
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$166,064

Purchase Details

Closed on
Apr 7, 2021
Sold by
Yadegar Farid
Bought by
Leghetto Llc and Yadegar

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%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2018
Sold by
Staccato Dominic and Derian Arbi
Bought by
Leghetto Llc

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 24, 2018
Sold by
Baker Ian D
Bought by
Yadegar Farid
Seller's Agent
Arbi Derian
COMPASS
Buyer's Agent
Arbi Derian
COMPASS
List Price
$499,995
Sold Price
$585,000
Premium/Discount to List
$85,005
17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$363,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 25, 2017
Sold by
Baker Pamela
Bought by
Baker Ian D
Seller's Agent
Carlos Alonso
HomeSmart Realty Group
Buyer's Agent
Arbi Derian
COMPASS
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.47%
Original Mortgage
$336,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 4, 2017
Sold by
Goldasich Debbie and Marroquin Daniel
Bought by
Baker Ian D
Seller's Agent
Carlos Alonso
HomeSmart Realty Group
Buyer's Agent
Arbi Derian
COMPASS
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2016
Sold by
Goldasich Debbie
Bought by
Goldasich Debbie and Marroquin Daniel

Purchase Details

Closed on
May 10, 2016
Sold by
Pleitez Blanca
Bought by
Marroquin Daniel

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 11, 2015
Sold by
J & R Home Investments Inc
Bought by
Goldasich Debbie
Seller's Agent
John Barris
Century 21 Masters
Buyer's Agent
Manjeet Kaur
Allied Realty Inc
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$373,117
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 16, 2015
Sold by
Pmt Npl Financing 2014-1
Bought by
J & R Home Investments Inc
Seller's Agent
John Manry
Century 21 Doug Anderson
Buyer's Agent
John Barris
List Price
$269,900
Sold Price
$254,200
Premium/Discount to List
-$15,700
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.65%
Original Mortgage
$191,250
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2014
Sold by
Pennymac Holdings Llc
Bought by
Pmt Npl Financing 2014-1

Purchase Details

Closed on
May 7, 2014
Sold by
Huber Scott Joseph and Scott Joseph Huber Living Trus
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
Feb 13, 2006
Sold by
Huber Scott Joseph and Scott Joseph Huber Living Trus
Bought by
Huber Family Trust

Purchase Details

Closed on
Feb 28, 2005
Sold by
Deleon Robert F
Bought by
Huber Scott Joseph and Scott Joseph Huber Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Deleon Annette Honeycutt
Bought by
Deleon Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Hernandez Victor and Hernandez Esperanza
Bought by
Deleon Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2001
Sold by
Nichols Karen K
Bought by
Hernandez Victor and Hernandez Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Vonklargaard Peter
Bought by
Nichols Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,195
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ibarra Efrain $720,000 Lawyers Title
Staccato Dominic -- Lawyers Title
Derian Arbi -- Lawyers Title
Leghetto Llc -- New Title Company Name
Yadegar Farid -- Landwood Title
Leghetto Llc -- None Available
Yadegar Farid -- None Available
Yadegar Farid $485,000 Lawyers Title
Baker Ian D -- Chicago Title Company
Baker Ian D $449,000 Chicago Title Company
Goldasich Debbie -- None Available
Marroquin Daniel -- None Available
Goldasich Debbie -- None Available
Goldasich Debbie $380,000 Fatcola
J & R Home Investments Inc $254,500 Title365
Pmt Npl Financing 2014-1 -- Servicelink
Pennymac Holdings Llc $235,000 None Available
Huber Family Trust -- None Available
Huber Scott Joseph $450,000 Fidelity National Title
Deleon Robert F -- Chicago Title Co
Deleon Robert F $310,000 Chicago Title Co
Hernandez Victor $145,000 Chicago Title
Nichols Karen K -- Landsafe Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ibarra Efrain $576,000
Previous Owner Yadegar Farid $355,000
Previous Owner Yadegar Farid $363,750
Previous Owner Baker Ian D $336,750
Previous Owner Goldasich Debbie $373,117
Previous Owner J & R Home Investments Inc $191,250
Previous Owner Huber Scott Joseph $308,000
Previous Owner Deleon Robert F $263,500
Previous Owner Hernandez Victor $116,000
Previous Owner Nichols Karen K $131,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $720,000 +2.9% $229 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $699,900 +19.6% $223 / Sq Ft
05/01/2018 05/01/18 Sold $585,000 0.0% $186 / Sq Ft View Prior Sale
03/29/2018 03/29/18 Off Market $585,000 -- --
02/20/2018 02/20/18 For Sale $499,995 +11.4% $159 / Sq Ft
03/29/2017 03/29/17 Sold $449,000 0.0% $143 / Sq Ft View Prior Sale
02/28/2017 02/28/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $449,000 +18.2% $143 / Sq Ft
09/22/2015 09/22/15 Sold $380,000 0.0% $121 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Sold $380,000 -1.3% $121 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
08/03/2015 08/03/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $385,000 0.0% $122 / Sq Ft
06/08/2015 06/08/15 For Sale $385,000 +51.5% $122 / Sq Ft
04/01/2015 04/01/15 Sold $254,200 -5.8% $81 / Sq Ft View Prior Sale
03/18/2015 03/18/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $269,900 -- $86 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,343 $764,068 $116,732 $647,336
2024 $11,343 $749,088 $114,444 $634,644
2023 $11,115 $734,400 $112,200 $622,200
2022 $8,455 $514,917 $77,502 $437,415
2021 $8,313 $504,822 $75,983 $428,839
2020 $8,222 $499,946 $75,204 $424,742
2019 $8,137 $495,000 $74,460 $420,540
2018 $7,671 $458,280 $90,780 $367,500
2016 $6,574 $380,000 $75,000 $305,000
2015 $5,268 $270,000 $40,500 $229,500
2014 -- $500,313 $90,963 $409,350
Source: Public Records

Agents Affiliated with this Home

  • Arbi Derian

    Seller's Agent in 2022

    Arbi Derian

    COMPASS

    (626) 487-4410

    1 in this area

    44 Total Sales

    Arbi Derian
    Section Image
  • Frances Reinoso

    Buyer's Agent in 2022

    Frances Reinoso

    Keller Williams Premier Prop

    (562) 713-9800

    1 in this area

    97 Total Sales

    Frances Reinoso
    Section Image

  • C

    Seller's Agent in 2017

    Carlos Alonso

    HomeSmart Realty Group

  • J

    Seller's Agent in 2015

    John Manry

    Century 21 Doug Anderson

  • J

    Seller's Agent in 2015

    John Barris

    Century 21 Masters

  • M

    Buyer's Agent in 2015

    Manjeet Kaur

    Allied Realty Inc

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-9250

Pasadena-Foothills Association of REALTORS®

APN: 3132-007-016

California Los Angeles County Lancaster 93534 Central Lancaster

44327 Cedar Ave, Lancaster, CA

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.

Pasadena-Foothills 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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