NOT LISTED FOR SALE

4662 Canoga St Montclair, CA 91763

Estimated Value: $1,222,691 - $1,268,000

9 Beds
7 Baths
4,706 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $825,000 $175 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,264/month

31 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Accessible Parking
  • Heating System Uses Natural Gas
  • Laundry Room
  • Level Lot

About This Home

As of January 2019

Four plex with one 3 bedroom 2 bath in front, could be owner's unit. One 2 bedroom 2 bath downstairs. One 2 bedroom 2 bath and one 2 bedroom 1 bath upstairs. Four parking spaces with garage doors. Some units have recent updates. Units C and D have tiled floors through out. Buildings plumbing was repiped in 2010. Great rental property hasn't been on market since 1990.
NO RENT CONTROL HERE.
Close to shops. Rents are a little low so potential of increasing them. Do not walk on property drive by only. Make offer subject to interior inspection. Buyer to cooperate with a 1031 exchange with no cost to buyer.

Last Agent to Sell the Property

Renee Stefanoff

Coldwell Banker Envision License #00622199 Listed on: 09/25/2018

Coldwell Banker Envision

Last Buyer's Agent

Jessica Chiu

A + Realty & Mortgage License #01303406

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

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

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,706 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 6620
  • Assessor Parcel Number 1009481240000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $480
  • Fuel Expense $1,020
  • Gardener Expense $600
  • Insurance Expense $1,444
  • Maintenance Expense $1,200
  • Supplies Expense $100
  • Trash Expense $1,632
  • Water Sewer Expense $2,868
  • New Taxes Expense $10,625
  • Operating Expense $20,020
  • Gross Income $55,200
  • Net Operating Income $35,180

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 100.00
  • Water Sewer Expenses: 2868.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1009481240000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 175.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1632.00
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 7316.00
  • Lot Size Acres: 0.1680

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 1020.00
  • Gross Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1444.00
  • Lot Size Area: 7316.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 35180.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 20020.00
  • Rent Control: No
  • Total Actual Rent: 4600.00
  • Total Expenses: 20020.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Census Tract: 3.01
  • Tax Lot: 14
  • Tax Tract Number: 6620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 5, 2018
Sold by
Tam Alla
Bought by
Tam Ray Kai
Seller's Agent
Renee Stefanoff
Coldwell Banker Envision
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$1,243,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,923
Avg. Annual Appreciation
6.01%
Original Mortgage
$618,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2018
Closed on
Nov 15, 2018
Sold by
Baral Edgardo A and Baral Mila Nimfa E
Bought by
Tam Kai Yip and Tam Ray Kai
Seller's Agent
Renee Stefanoff
Coldwell Banker Envision
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2004
Sold by
Baral Edgardo A and Baral Mila Nimfa E
Bought by
Baral Edgardo A and Baral Mila Nimfa E
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
Tam Ray Kai -- First American Title Company
Tam Kai Yip -- First American Title
Tam Kai Yip $825,000 First American Title Company
Baral Edgardo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tam Kai Yip $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2019 01/08/19 Sold $825,000 -2.9% $175 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $850,000 -- $181 / 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 $9,884 $920,302 $334,655 $585,647
2024 $9,884 $902,257 $328,093 $574,164
2023 $9,606 $884,566 $321,660 $562,906
2022 $9,479 $867,222 $315,353 $551,869
2021 $9,421 $850,218 $309,170 $541,048
2020 $9,255 $841,500 $306,000 $535,500
2019 $4,421 $395,838 $90,712 $305,126
2018 $4,360 $388,076 $88,933 $299,143
2017 $4,204 $380,466 $87,189 $293,277
2016 $4,038 $373,005 $85,479 $287,526
2015 $4,011 $367,402 $84,195 $283,207
2014 $3,886 $360,205 $82,546 $277,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18234156

California Regional Multiple Listing Service (CRMLS)

APN: 1009-481-24