NOT LISTED FOR SALE

4612 Canoga St Montclair, CA 91763

Estimated Value: $1,033,000 - $1,560,191

9 Beds
7 Baths
4,562 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $890,000 $195 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,392/month

30 Days on Market

Highlights

  • Lawn
  • Cooling Available
  • Forced Air Heating System
  • No HOA
  • Laundry Room
  • 4 Car Garage

About This Home

As of February 2017

Montclair, professionally rehabbed large 4 unit building. Units features 3bd/2ba single story and 2bd/2ba downstairs with shared courtyard, 2bd/2ba upstairs, 2bd/1ba above garage with own patio deck. Recent renovations include: New energy efficient Argon gas filled dual pane windows and sliders, New energy efficient entry doors, New bathroom tile flooring & shower enclosures, New laminate flooring, New interior paint all units, New Kitchen cabinets in all units with granite counters, New stoves, New wrought iron railing, fence, handrails, New second story decks, New 35yr. roof, New "SuperCoat" exterior stucco, New water heater, 4 New garage doors for individual unit private garages, New auto sprinklers and system front, - lots of expensive improvements including stucco, paint, windows, garage doors, roof, etc., done by contractors. Monthly income from shared laundry. These turn key units do not require any work, just collect Rents. Property below market Rents - upgraded units, potential for Rent increase.

Last Agent to Sell the Property

David Garcia

Century 21 Masters License #01249438 Listed on: 11/27/2016

Century 21 Masters

Last Buyer's Agent

Ling Liu

TRANSWORLD REALTY License #01386020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,089

Year Built

  • Built in 1964

Lot Details

  • 7,316 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,562 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 6620
  • Assessor Parcel Number 1009481290000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,200
  • Trash Expense $2,700
  • Water Sewer Expense $1,400
  • New Taxes Expense $9,887
  • Operating Expense $16,147
  • Gross Income $43,653
  • Net Operating Income $42,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,089

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1009481290000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 195.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 7316.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 43653.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1000.00
  • Net Operating Income: 42653.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 16147.00
  • Rent Control: No
  • Total Actual Rent: 4900.00
  • Total Expenses: 16147.00

Tax Info

  • New Taxes Expense: 9887.00
  • Tax Census Tract: 3.01
  • Tax Lot: 19
  • Tax Tract Number: 6620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2016
Closed on
Feb 9, 2017
Sold by
Martinez Francisco Alejandro
Bought by
Huang Bowen and Li Qian
Seller's Agent
David Garcia
Century 21 Masters
Buyer's Agent
Ling Liu
TRANSWORLD REALTY
List Price
$900,000
Sold Price
$890,000
Premium/Discount to List
-$10,000
-1.11%
Current Estimated Value
$1,370,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,548
Avg. Annual Appreciation
5.22%
Original Mortgage
$487,500
Outstanding Balance
$415,360
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$955,188

Purchase Details

Listed on
Apr 10, 2013
Closed on
Mar 12, 2013
Sold by
Vo Phillip and Phillip Vo Living Trust
Bought by
Martinez Francisco Alejandro
Seller's Agent
Phillip Vo
ASIAMERICA REAL ESTATE CO.
Buyer's Agent
David Garcia
Century 21 Masters
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$407,050
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2011
Sold by
Vo Phillip
Bought by
Vo Phillip and Phillip Vo Living Trust

Purchase Details

Closed on
Mar 6, 2007
Sold by
Nguyen Chau Hong Thi
Bought by
Vo Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2007
Sold by
Vo Mynga Quach
Bought by
Vo Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Vannguyen Duc
Bought by
Vo Mynga Quach

Purchase Details

Closed on
Nov 3, 2004
Sold by
Vo Phillip
Bought by
Vannguyen Duc

Purchase Details

Closed on
May 16, 2003
Sold by
Vannguyen Duc
Bought by
Vo Phillip

Purchase Details

Closed on
Oct 6, 2000
Sold by
Goodlin John F and Goodlin Catalina R
Bought by
Vannguyen Duc Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
8.67%

Purchase Details

Closed on
Mar 12, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Goodlin John F and Goodlin Catalina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.05%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Minster Michael R and Minster Margaret
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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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
Huang Bowen $890,000 Chicago Title Company
Martinez Francisco Alejandro $445,000 Advantage Title Inc
Vo Phillip -- None Available
Vo Phillip -- Southland Title Corporation
Vo Phillip -- None Available
Vo Mynga Quach -- --
Vannguyen Duc -- --
Vo Phillip -- --
Vannguyen Duc Van $245,000 Fidelity National Title Ins
Goodlin John F $108,000 Investors Title Company
Home Svgs Of America Fsb $109,800 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Bowen $487,500
Previous Owner Martinez Francisco Alejandro $407,050
Previous Owner Vo Phillip $300,000
Previous Owner Vanvannguyen Duo Van $25,000
Previous Owner Vannguyen Duc Van $208,250
Previous Owner Goodlin John F $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $890,000 -1.1% $195 / Sq Ft
11/27/2016 11/27/16 For Sale $900,000 +102.2% $197 / Sq Ft
04/24/2013 04/24/13 Sold $445,000 -5.1% $98 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $469,000 -- $103 / 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 $11,089 $1,032,921 $348,175 $684,746
2024 $11,089 $1,012,668 $341,348 $671,320
2023 $10,777 $992,812 $334,655 $658,157
2022 $10,634 $973,345 $328,093 $645,252
2021 $10,569 $954,260 $321,660 $632,600
2020 $10,383 $944,475 $318,362 $626,113
2019 $10,294 $925,956 $312,120 $613,836
2018 $10,152 $907,800 $306,000 $601,800
2017 $5,209 $472,163 $201,598 $270,565
2016 $5,003 $462,905 $197,645 $265,260
2015 $4,969 $455,952 $194,676 $261,276
2014 $4,814 $447,021 $190,863 $256,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16750665

California Regional Multiple Listing Service (CRMLS)

APN: 1009-481-29