NOT LISTED FOR SALE

Estimated Value: $458,000 - $584,000

2 Beds
2 Baths
1,300 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $380,000 $292 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,102/month

95 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Living Room
  • No HOA
  • Evaporated cooling system
  • Laundry Room

About This Home

As of May 2021

West Lancaster duplex with excellent rents. Near Lancaster Blvd. (2) 1 bedroom one bathroom detached units. Alley Access. Walking distance to Lancaster Blvd. Shopping and restaurants. Don't miss this one!

Last Agent to Sell the Property

Maxi Case

The Real Estate Place License #00944626 Listed on: 11/16/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 8,861 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 3134003022
  • Tax Block 25

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: LRR3*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3134003022
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 292.31
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 8861.00
  • Lot Size Acres: 0.2034

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 35508.00
  • Insurance Expense: 1.00
  • Lot Size Area: 8861.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Actual Rent: 2959.00
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Block: 25
  • Tax Census Tract: 9008.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Adams Edward
Bought by
Adams Edward J
Current Estimated Value
$496,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$373,641
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$122,675

Purchase Details

Listed on
Nov 1, 2016
Closed on
Feb 1, 2017
Sold by
Cvcr Properties Llc
Bought by
Rami Darghalli Revocable Living Trust
Seller's Agent
Kevin patterson
RE/MAX All-Pro
Buyer's Agent
Israel Sanchez
Coldwell Banker-A Hartwig Co.
List Price
$179,900
Sold Price
$152,000
Premium/Discount to List
-$27,900
-15.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Oct 22, 2012
Sold by
Ruelas Josefina S
Bought by
Cvcr Properties Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Ruelas Josefina Sanchez
Bought by
Ruelas Jesus Ruelas and Ruelas Josefina Sanchez

Purchase Details

Closed on
Mar 16, 2007
Sold by
Ruelas Jesus R
Bought by
Ruelas Josefina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 19, 1996
Sold by
Huizar Juan M and Countrywide Home Loans Inc
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Oct 28, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 15, 1995
Sold by
Ponce Patricia
Bought by
Huizar Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,969
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1994
Sold by
State Street Bank & Trust Company
Bought by
Ponce Patricia

Purchase Details

Closed on
Feb 23, 1994
Sold by
Professional Foreclosure Corp
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Adams Edward J $475,000 Fidelity National Title
Rami Darghalli Revocable Living Trust $152,500 North American Title
Cvcr Properties Llc $88,000 None Available
Ruelas Jesus Ruelas -- None Available
Ruelas Josefina S -- Alliance Title Company
Countrywide Home Loans Inc $65,343 Landsafe Title
Hud -- Landsafe Title
Huizar Juan M $60,000 First American Title Co
Ponce Patricia $26,500 First American Title Company
State Street Bank & Trust Company $61,750 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Edward J $380,000
Previous Owner Ruelas Josefina S $232,500
Previous Owner Huizar Juan M $59,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $380,000 0.0% $292 / Sq Ft View Prior Sale
05/28/2021 05/28/21 Sold $380,000 -2.5% $292 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/19/2021 02/19/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $389,900 0.0% $300 / Sq Ft
10/26/2020 10/26/20 For Sale $389,900 +156.5% $300 / Sq Ft
02/22/2017 02/22/17 Sold $152,000 -15.5% $117 / Sq Ft View Prior Sale
01/19/2017 01/19/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $179,900 -- $138 / 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 $6,015 $411,321 $61,697 $349,624
2024 $6,015 $403,257 $60,488 $342,769
2023 $5,893 $395,351 $59,302 $336,049
2022 $5,784 $387,600 $58,140 $329,460
2021 $3,088 $163,507 $24,659 $138,848
2020 $3,057 $161,832 $24,407 $137,425
2019 $3,008 $158,660 $23,929 $134,731
2018 $2,959 $155,550 $23,460 $132,090
2016 $1,916 $72,814 $10,921 $61,893
2015 $1,898 $71,721 $10,757 $60,964
2014 $1,915 $70,317 $10,547 $59,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20240718

California Regional Multiple Listing Service (CRMLS)

APN: 3134-003-022