NOT LISTED FOR SALE

Estimated Value: $384,374 - $419,000

2 Beds
2 Baths
957 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $395,500 $413 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,387/month

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Living Room
  • Eat-In Kitchen
  • Bathtub with Shower
  • Laundry Room

About This Home

As of July 2024

Calling all Investors and First-Time Buyers! This is a fantastic investment opportunity that holds even more potential. You have the flexibility to either rent out both units or reside in one while renting out the other to help cover the mortgage costs. This duplex consists of two units, each with its own separate address: 45122 and 45124 Spearman Ave (for mailing purposes. 45122 is on title and there is one APN). There are separate gas and electric meters. And one water meter. Both units feature 1 bedroom and 1 bathroom, offering a total of 957 square feet. To add to the allure, one of the units has recently undergone a fresh interior paint job. Inside, you'll find a cozy living area and a convenient eat-in kitchen. The property also boasts a detached two-car garage that presents the potential for third and fourth unit conversion. Situated on a spacious and highly usable lot spanning 7,834 square feet, this property is a true gem. Notably, this parcel falls within the Transit-Oriented Development (TOD) zone and the neighborhood medium (NM) zone section, as per the City planning for Lancaster. Moreover, the City planning department has indicated the "potential" for a triplex or quadplex up to three stories, subject to the guidelines. To ensure accurate and comprehensive information, it is strongly advised that all prospective buyers conduct their own due diligence by contacting the city planning department for further details and verification. The property comes with the added benefit of no HOA fees and boasts low taxes. Limited termite clearance report on file. Photos have been “virtually” staged.

Last Agent to Sell the Property

Allison Gelbrich

Dreamscape Real Estate License #01754152 Listed on: 06/20/2024

Last Buyer's Agent

Pamela Perry

House-A-Home License #01222821

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,837 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 9 / 2
  • Tax Tract Number 2092
  • Assessor Parcel Number 3138005008
  • $1,001 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LRR2*
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 3138005008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 957.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 413.27
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7837.00
  • Lot Size Acres: 0.1799
  • Latitude Manual: 34.70307000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7837.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 9006.06
  • Tax Lot: 9
  • Tax Tract Number: 2092
  • TaxOtherAnnualAssessmentAmount: 1001.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2025
Sold by
Beifong Statutory Trust and Guilty Spark Llc
Bought by
Sifu Katara Statutory Trust and Guilty Spark Llc
Current Estimated Value
$398,125

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 11, 2024
Sold by
Call Jared A and Call Jessica Lynn
Bought by
Beifong Statutory Trust and Guilty Spark Llc
Seller's Agent
Allison Gelbrich
Dreamscape Real Estate
Buyer's Agent
Pamela Perry
House-A-Home
List Price
$379,999
Sold Price
$395,500
Premium/Discount to List
$15,501
4.08%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$276,850
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 10, 2024
Sold by
Garcia J Pedro
Bought by
Call Jared A and Call Jessica Lynn
Seller's Agent
Allison Gelbrich
Dreamscape Real Estate
Buyer's Agent
Pamela Perry
House-A-Home
List Price
$379,999
Sold Price
$395,500
Premium/Discount to List
$15,501
4.08%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,850
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 20, 2017
Sold by
Valdivieso Julio A Mendoza
Bought by
Garcia J Pedro
Seller's Agent
Javier Mendoza
Pinnacle Estate Properties, Inc.
Buyer's Agent
Javier Mendoza
Keller Williams Central
List Price
$200,000
Sold Price
$199,000
Premium/Discount to List
-$1,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$149,250
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jun 24, 2015
Sold by
Spearmin Trust
Bought by
Mendoza Valdivieso Julio A
Seller's Agent
Mark Chappell
ENRG Realty, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.81%
Original Mortgage
$137,464
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2010
Sold by
Medina Anthony
Bought by
Spearmin Trust and Dcb United Llc

Purchase Details

Closed on
Jan 29, 2001
Sold by
Hud
Bought by
Medina Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.08%

Purchase Details

Closed on
Jul 12, 2000
Sold by
White Mountains Services Corp
Bought by
Hud

Purchase Details

Closed on
Nov 17, 1998
Sold by
Collins Larry
Bought by
Fish Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,862
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1998
Sold by
Home Svgs Of America Fsb
Bought by
Collins Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.98%

Purchase Details

Closed on
Dec 18, 1996
Sold by
Ledford Tyler
Bought by
Home Svgs Of America Fsb
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

Date Buyer Sale Price Title Company
Sifu Katara Statutory Trust -- None Listed On Document
Beifong Statutory Trust -- Lawyers Title
Call Jared A $395,500 Lawyers Title
Garcia J Pedro $199,000 Title 365
Mendoza Valdivieso Julio A $140,000 Fidelity
Spearmin Trust $35,385 None Available
Medina Anthony $50,000 American Title Co
Hud -- Fidelity National Title
White Mountains Services Corp $98,414 --
Fish Larry L $90,000 Benefit Land Title Company
Collins Larry $32,000 Investors Title Company
Home Svgs Of America Fsb $29,250 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Call Jared A $276,850
Previous Owner Garcia J Pedro $149,250
Previous Owner Mendoza Valdivieso Julio A $137,464
Previous Owner Medina Anthony $45,000
Previous Owner Fish Larry L $89,862
Previous Owner Collins Larry $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $395,500 0.0% $413 / Sq Ft
07/17/2024 07/17/24 Sold $395,500 +4.1% $413 / Sq Ft View Prior Sale
06/24/2024 06/24/24 Pending -- -- --
06/24/2024 06/24/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $379,999 0.0% $397 / Sq Ft
06/20/2024 06/20/24 For Sale $379,999 +91.0% $397 / Sq Ft
08/18/2017 08/18/17 Sold $199,000 -0.5% $208 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $200,000 +42.9% $209 / Sq Ft
08/06/2015 08/06/15 Sold $140,000 -6.0% $146 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $149,000 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,670 $395,500 $98,500 $297,000
2024 $3,670 $221,984 $33,464 $188,520
2023 $3,606 $217,632 $32,808 $184,824
2022 $3,550 $213,365 $32,165 $181,200
2021 $3,506 $209,183 $31,535 $177,648
2019 $3,415 $202,980 $30,600 $172,380
2018 $3,360 $199,000 $30,000 $169,000
2016 $2,602 $140,000 $21,000 $119,000
2015 $1,657 $59,692 $23,450 $36,242
2014 $1,682 $58,524 $22,991 $35,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24113246

California Regional Multiple Listing Service (CRMLS)

APN: 3138-005-008