NOT LISTED FOR SALE

Estimated Value: $628,000 - $661,000

6 Beds
3 Baths
2,416 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2023

Last sale price $635,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,333 / mo

20 Days on Market

Highlights

  • View of Hills
  • Bungalow
  • West Facing Home
  • Double Pane Windows
  • Evaporated cooling system

About This Home

As of July 2023

Welcome to this beautifully remodeled triplex, a fantastic investment opportunity that combines modern living with income-generating potential. Situated one block south of W. Lancaster Blvd, this property offers three separate units, each with its own separate meters and laundry. Large parking lot and three individual single car garages. A convenient location surrounded by entertainment, restaurants, shops, and cultural centers. This triplex offers an excellent opportunity for generating income, as each unit can be rented out individually. Whether you're an investor looking for a lucrative rental property or a homeowner seeking the perfect combination of modern living and rental income, this freshly remodeled triplex is the ideal choice. Don't miss out on this incredible opportunity. Be advised improvements are being made to the property at the time of listing and may cause inconvenience to showing. Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or un-permitted spaces, or other information concerning the conditions or features of the property. Buyer/Tenant is advised to independently verify the accuracy of all information through personal inspection and with appropriate licensed professionals, to satisfy themselves and rely only on same. Schedule a viewing today and envision yourself living in one unit while enjoying the financial benefits of the remaining units.

Last Agent to Sell the Property

Brian Lee

Nourmand & Associates-HW License #01989050 Listed on: 05/24/2023

Last Buyer's Agent

Toyia Jackson

M.R. Brown Solutions License #01872939

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 7,973 Sq Ft Lot
  • West Facing Home

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Driveway

Home Design

  • Bungalow

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Views of Hills

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3133-011-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1953 | Remodeled

Lot Details

7,973 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2416
  • Lot Acreage: 0.1830
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Low Flow Toilet(s)
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 289.74
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Other Structures: Accessory Bldgs
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Evaporative
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 85.00
  • Assessed Improvement Value: 321660
  • Assessed Land Percent: 15
  • Assessed Land Value: 56763
  • Total Assessed Value: 378423
  • Assessor Parcel Number: 3133-011-013
  • Lot Size Area: 7973

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 3
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 10000.00
  • Mello Roos: Unknown

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jul 5, 2023
Sold by
Bought by
Seller's Agent
Brian Lee
Nourmand & Associates-HW
Buyer's Agent
Toyia Jackson
M.R. Brown Solutions
List Price
$700,000
Sold Price
$635,000
Premium/Discount to List
-$65,000
-9.29%
Views
66
Current Estimated Value
$650,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,733
Avg. Annual Appreciation
0.85%
Original Mortgage
$581,501
Outstanding Balance
$560,168
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$90,565

Purchase Details

Closed on
Dec 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,800
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
8.5%

Purchase Details

Closed on
May 21, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.93%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 1997
Sold by
Bought by
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
$635,000 Lawyers Title
-- First American Title Company
$300,000 First American Title Company
-- None Available
$105,000 California Title Company
$306,825 Servicelink
-- Fidelity National Title Co
$410,000 Fidelity National Title Co
$220,000 Chicago Title Co
$124,000 Fidelity National Title Co
-- --
-- --
-- Stewart Title
$42,000 --
-- North American Title
$100,002 North American 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 $581,501
Previous Owner $243,600
Previous Owner $82,000
Previous Owner $287,000
Previous Owner $195,800
Previous Owner $111,600
Previous Owner $75,000
Previous Owner $25,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $635,000 -9.3% $263 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $700,000 -- $290 / Sq Ft
Source: The MLS

Tax 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.

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 $9,694 $647,700 $162,180 $485,520
2024 $9,340 $635,000 $159,000 $476,000
2023 $6,319 $385,991 $57,898 $328,093
2022 $6,207 $378,423 $56,763 $321,660
2021 $6,105 $371,003 $55,650 $315,353
2020 $6,038 $367,200 $55,080 $312,120
2019 $3,073 $121,203 $24,237 $96,966
2018 $3,034 $118,827 $23,762 $95,065
2016 $2,896 $114,215 $22,841 $91,374
2015 $2,869 $112,500 $22,498 $90,002
2014 $2,890 $110,297 $22,058 $88,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-273725

The MLS

APN: 3133-011-013

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