NOT LISTED FOR SALE

45051 Redwood Ave Lancaster, CA 93534

Central Lancaster Neighborhood
13 Beds
7 Baths
5,150 Sq Ft
0.59 Acres

Last Sold April 05, 2013

Last sale price $389,000 $76 Per Sq Ft

154 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Wood Siding
  • Corner Lot
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of April 2013

2 each 2 BR 1 BA SFR - 2 each 2 BR 1 BA DUPLEX - 1 each 1 BR 1 BA SFR TOTAL of 7 UNITS in 5 BUILDINGS AND 1 GARAGE BUILDING WITH 5 SINGLE GARAGES All Units Occupied. Great Potential. Needs cosmetics.
Bank/Trust Owned

Last Agent to Sell the Property

Brad Hilt

Brad Hilt, Broker License #00581757 Listed on: 03/15/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.59 Acre Lot
  • Corner Lot

Parking

  • 5 Car Garage
  • Parking Available
  • Shared Driveway
  • Unpaved Parking
  • Unassigned Parking

Home Design

  • 5,150 Sq Ft Home
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Flat Roof Shape
  • Frame Construction
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1-3
  • Tax Tract Number 2092
  • Assessor Parcel Number 3138008022

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 7 Units

Building Details

  • 4 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $2,000
  • Insurance Expense $2,500
  • Maintenance Expense $3,000
  • Other Expense $5,000
  • Pest Control $1,080
  • Professional Management Expense $5,400
  • Trash Expense $1,440
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,800
  • Gross Income $5,000
  • Net Operating Income $31,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 5400.00
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 2000.00
  • Parcel Number: 3138008022
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 75.53

Exterior Features

  • Pool Private: No
  • Roof: Asphalt, Composition, Flat, Rolled/Hot Mop, Spanish Tile
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Unpaved, Shared Driveway, Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 1080.00
  • Trash Expense: 1440.00
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 25869.00
  • Lot Size Acres: 0.5940

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 25869.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 31580.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 7
  • Operating Expense: 28420.00
  • Other Expense: 5000.00
  • Other Expense Description: upgrades
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 1-3
  • Tax Tract Number: 2092
  • Tax Year: 2011

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 Change Sq Ft Price
04/05/2013 04/05/13 Sold $389,000 -13.6% $76 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $450,000 -- $87 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brad Hilt

    Seller's Agent in 2013

    Brad Hilt

    Brad Hilt, Broker

    (951) 544-0324

    10 Total Sales

    Brad Hilt
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    10 in this area

    5,825 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12120056

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Lancaster 93534 Central Lancaster

45051 Redwood Ave, Lancaster, CA

This home is located at 45051 Redwood Ave, Lancaster, CA 93534 since 15 March 2013. This property was built in 1953. 45051 Redwood Ave is a home located in Los Angeles County with nearby schools including El Dorado Elementary School, Piute Middle School, and Antelope Valley High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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