NOT LISTED FOR SALE

Estimated Value: $727,000 - $854,000

6 Beds
4 Baths
2,970 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $690,000 $232 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,958/month

67 Days on Market

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • 4-minute walk to American Heroes Park

About This Home

As of January 2022

***FABULOUS*** Another LEGENDARY listing! 4 Unit Apartment Building located in the Downtown Lancaster Redevelopment Area next to American Hero's Park. This Buildingfeatures: Unit A is a 1 bedroom Unit B is a 2 bedroom Unit C is a 1 bedroom unit. Unit D is a 2 bedroom unitNo rent control 100% Occupied! Separate Laundry Room and 8 total parking spaces, 6 covered and 2 uncovered. Fantastic Investment Opportunity!

Last Agent to Sell the Property

Claudia Dominguez

Listed on: 08/06/2021

Co-Listed By

Kenan Shahla

License #01855080

Last Buyer's Agent

Fabiola Cardenas

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 8,712

Home Design

  • 2,970 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3134-001-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions To Property: 10th St W/Jackman Ave/Date Ave
  • Income Producing: Yes
  • Listing Member Name: Claudia G Dominguez
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.99
  • Square Footage: 2970.00
  • Tract Suffix: Avenue
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 174997.50
  • Total Bathrooms: 4.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • AdditionalInfoAssignedParkingSpaces: 8
  • AdditionalInfoCoveredParkingSpaces: 6
  • AdditionalInfoOpenParkingSpaces: 2

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 4

Lot Info

  • Lot Acres: 0.20
  • Zoning: LRR2

Tax Info

  • Assessor Parcel Number: 3134-001-018

Multi Family

  • Number1 Bedroom Units: 2.00
  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 27, 2015
Sold by
Preschler Adelheid A
Bought by
Ranieri Anthony N and Ranieri Biljana
Seller's Agent
Fabian Terracciano
RE/MAX All-Pro
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$342,500
Sold Price
$342,500
Current Estimated Value
$772,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,515
Avg. Annual Appreciation
7.88%
Original Mortgage
$256,850
Outstanding Balance
$94,039
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$677,976

Purchase Details

Closed on
Feb 14, 2012
Sold by
Preschler Ernst
Bought by
Preschler Adelheid A

Purchase Details

Closed on
Dec 5, 2007
Sold by
Ford Investment Group
Bought by
Preschler Ernst and Preschler Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2007
Sold by
Lavi Mike and Lavi Trust
Bought by
Ford Investment Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Lavi Mike
Bought by
Lavi Mike and Lavi Trust

Purchase Details

Closed on
Nov 9, 2006
Sold by
Pearce Steven and Pearce Shari
Bought by
Lavi Mike

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
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1996
Sold by
Federal National Mortgage Association
Bought by
Pearce Steven and Pearce Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
8.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 1996
Sold by
Arroyo Gustavo and Arroyo Victoria A
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
8.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 1995
Sold by
Arroyo Gustavo and Arroyo Victoria A
Bought by
Arroyo Gustavo and Arroyo Victoria A
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
Ranieri Anthony N $342,500 Chicago
Preschler Adelheid A -- None Available
Preschler Adelheid A -- None Available
Preschler Ernst $470,000 First American Title Company
Preschler Ernst -- First American Title Company
Preschler Anna -- First American Title Company
Ford Investment Group -- First American Title Company
Lavi Mike -- Accommodation
Lavi Mike $385,000 California Title Co
Pearce Steven $105,000 --
Federal National Mortgage Association $95,900 American Title Ins Co
Arroyo Gustavo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranieri Anthony N $256,850
Previous Owner Preschler Ernst $352,500
Previous Owner Lavi Mike $308,000
Previous Owner Pearce Steven $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $690,000 -8.0% $232 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $750,000 +119.0% $253 / Sq Ft
04/17/2015 04/17/15 Sold $342,500 0.0% $115 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $342,500 -- $115 / 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 $10,950 $732,233 $185,711 $546,522
2024 $10,950 $717,876 $182,070 $535,806
2023 $10,732 $703,800 $178,500 $525,300
2022 $6,918 $387,885 $96,828 $291,057
2021 $6,798 $380,280 $94,930 $285,350
2019 $6,616 $369,003 $92,115 $276,888
2018 $6,503 $361,768 $90,309 $271,459
2016 $6,182 $347,722 $86,803 $260,919
2015 $5,491 $290,000 $72,500 $217,500
2014 $5,065 $255,000 $63,800 $191,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 21007047

Greater Antelope Valley Association of REALTORS®

APN: 3134-001-018