NOT LISTED FOR SALE

Estimated Value: $1,306,000 - $1,597,332

6 Beds
2 Baths
1,900 Sq Ft
$744/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2019

Last sale price $1,075,000 $566 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,166 / mo

52 Days on Market

Highlights

  • Guest House
  • All Bedrooms Downstairs
  • Wood Flooring
  • Eagle Rock Elementary School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

As of August 2019

Amazing opportunity with limitless potential in the red-hot highly sought-after location of Eagle Rock. This spacious property with an oversized lot includes a commercial storefront in the center of Eagle Rock; live and work with zero commute or realize income potential with one or both units. Ideally located at the border of Highland Park and just minutes from Pasadena, Glendale and Downtown LA. Neighboring store front business and newly build condo and more. This charming front unit is currently being occupied by a Yoga Studio, warm and inviting front lobby with ample spaces and fireplace, offices; built-in shelves and cabinets. Total of 4 offices, kitchen and a full bath. Zen like front porch and well landscaped grounds. The back unit (2208 Norwalk) consists of living area plus 2 additional rooms, All with separate entrances. This property also can be sold together with the adjacent property- 2212-2214 Norwalk. Together the 2-parcel total lot size is 16,642 sq. ft. truly a rare find! Well located at heavy traffic Eagle Rock Blvd corner location near to schools, Occidental College, restaurants, banks, and other newly developed commercial establishments. The property is being sold in "As is" condition. With a little care and personal touch, this could be the best opportunity in Eagle Rock today. Don’t miss out!

Last Agent to Sell the Property

Susie Denton

Denton Properties Inc. License #00993999 Listed on: 05/07/2019

Last Buyer's Agent

Andrew Quezada

AQHL BANCORP License #01880755

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 9,042 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Interior Spaces

  • 1,900 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Laundry in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • No Driveway
  • Off-Site Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Two Homes on a Lot
  • Guest House

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1,2
  • Tax Tract Number 341
  • Assessor Parcel Number 5685016001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Trash Expense $500
  • New Taxes Expense $13,500
  • Operating Expense $3,500
  • Gross Income $32,500
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

9,042 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Zoning: LAC4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5685016001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Open Floorplan, Storage, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 565.79
  • Room Type: All Bedrooms Down, Entry, Living Room, Main Floor Bedroom, Office

Exterior Features

  • Other Structures: Guest House, Storage, Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Parking Features: No Driveway, Off Site

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Level, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 9042.00
  • Lot Size Acres: 0.2076

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 32500.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9042.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 3500.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 1816.00
  • Tax Lot: 1,2
  • Tax Tract Number: 341

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 5, 2019
Sold by
Bought by
Seller's Agent
Susie Denton
Denton Properties Inc.
Buyer's Agent
Andrew Quezada
AQHL BANCORP
List Price
$1,295,000
Sold Price
$1,075,000
Premium/Discount to List
-$220,000
-16.99%
Current Estimated Value
$1,413,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,333
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,163,000
Outstanding Balance
$446,494
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$966,839

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bought by

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
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Bought by

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
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bought by

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
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eagle Rock, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,075,000 Lawyers Title Company
-- --
-- --
-- California Title Company
-- Gateway Title
-- United Title
-- North American Title
$150,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,163,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold $1,075,000 -17.0% $566 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $1,295,000 -- $682 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19100277

California Regional Multiple Listing Service (CRMLS)

APN: 5685-016-001

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