NOT LISTED FOR SALE

508 E Lancaster Blvd Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $147,000 - $903,000

7 Beds
7 Baths
3,962 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2012

Last sale price $335,000 $85 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,381 / mo

40 Days on Market

Highlights

  • Pool
  • Corner Lot
  • Central Heating and Cooling System
  • 14,658 Sq Ft lot
  • Views
  • Ceiling Fan

About This Home

As of August 2012

Four Units on a large corner lot and each unit has a Large Two Car Attached Garage and laundry hookups. Three Two Bedroom, One and a half bath, Two Story units and the front is a one large bedroom, one bath and a fireplace. Stoves, dishwashers and Central Air/Heat units. Do not disburb tenants. The interior as well as the exterior is well maintained by the owners.

Last Agent to Sell the Property

Vivian Alcala

License #00865557 Listed on: 06/24/2012

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1983

Lot Details

  • 14,658 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 3,962 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vertical Blinds
  • Living Room with Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 3146005007

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,526
  • Trash Expense $99
  • Gross Income $43,740
  • Net Operating Income $33,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,031

Year Built

Built in 1983

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 87250.00
  • Builders Tract Code: NA-LAC
  • List Price per Sq Ft: 88.09
  • Lp Sp Ratio: 0.9599
  • Water District Name: Edison
  • Year Built: 1983
  • ADA Compliant: Yes
  • Internal Listing I D: 20190608184142059082000000
  • Listing I D: 21456422
  • Listing Member Address: 14842 Dunton Dr., Whittier, CA 90604
  • Listing Member Fax: (877) 808-7978
  • Listing Office Address: 14842 Dunton Dr., Whittier, CA 90604
  • Listing Office Fax: (877) 808-7978
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Number Of Disposals: 4
  • Number of Ranges: 4
  • Total Bedrooms: 7
  • Half Bathrooms: 3
  • Total Bathrooms: 7.00
  • Full Bathrooms: 4
  • Laundry Equipment: Own
  • Estimated Sq Ft: 3962.00
  • Windows Treatments: Blinds, Vertical Blinds, Mini Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Pool: Yes
  • View: Yes
  • Paved: Yes

Utilities

  • Number Electric Meters: 5
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 4
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 3146005007
  • Lot Location: Corner Lot
  • Lot Size: 14658.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown
  • Annual Tax: 4031.00

Multi Family

  • Number Of Dishwashers: 4
  • Total Units: 4

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
Jun 24, 2012
Closed on
Jul 15, 2012
Sold by
Bought by
Seller's Agent
Vivian Alcala
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$369,000
Sold Price
$335,000
Premium/Discount to List
-$34,000
-9.21%
Current Estimated Value
$679,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,224
Avg. Annual Appreciation
5.19%
Original Mortgage
$274,928
Outstanding Balance
$184,318
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$494,906

Purchase Details

Closed on
Feb 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1994
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 East Lancaster, CA

  • Vartan Ambarian Real Estate Agent - Keller Williams R. E. Services

    Vartan Ambarian

    Keller Williams R. E. Services

    (747) 292-6978

    20 Total Sales

    1 in East Lancaster

    $1,395,000 Price

    Vartan Ambarian
     Section Image
  • 'Vic' Vartan Markarian Real Estate Agent - Markarian Realty

    'Vic' Vartan Markarian

    Markarian Realty

    (626) 240-5877

    116 Total Sales

    1 in East Lancaster

    $420,000 Price

    'Vic' Vartan Markarian
     Section Image
  • Eric Nam Real Estate Agent - Coldwell Banker Quality Properties

    Eric Nam

    Coldwell Banker Quality Properties

    (424) 402-5543

    25 Total Sales

    1 in East Lancaster

    $465,000 Price

    Eric Nam
     Section Image
  • Cindy Bosshard Real Estate Agent - Coldwell Banker Envision

    Cindy Bosshard

    Coldwell Banker Envision

    (562) 414-5066

    26 Total Sales

    2 in East Lancaster

    $490,000 Price Range

    Cindy Bosshard
     Section Image
  • Gerry Nicks Real Estate Agent - Keller Williams Realty

    Gerry Nicks

    Responds Quickly

    Keller Williams Realty

    (424) 370-0766

    166 Total Sales

    7 in East Lancaster

    $195K - $660K Price Range

    Gerry Nicks
     Section Image
  • Albert Rodriguez Real Estate Agent - Equity Union

    Albert Rodriguez

    Equity Union

    (747) 294-2100

    83 Total Sales

    4 in East Lancaster

    $300K - $495K Price Range

    Albert Rodriguez
     Section Image
See All Agents

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
$335,000 Priority Title
-- None Available
-- Lawyers Title Company
-- --
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 $274,928
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 Prior Sale
08/29/2012 08/29/12 Sold $335,000 0.0% $85 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Sold $335,000 -9.2% $85 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
08/03/2012 08/03/12 Pending -- -- --
06/24/2012 06/24/12 For Sale $369,000 +5.7% $93 / Sq Ft
05/20/2012 05/20/12 For Sale $349,000 -- $88 / Sq Ft
Source: California Desert Association of REALTORS®

Tax 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.

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 $7,678 $412,518 $61,567 $350,951
2024 $7,262 $404,430 $60,360 $344,070
2023 $7,130 $396,501 $59,177 $337,324
2022 $7,004 $388,727 $58,017 $330,710
2021 $6,876 $381,106 $56,880 $324,226
2019 $6,692 $369,804 $55,194 $314,610
2018 $6,579 $362,554 $54,112 $308,442
2016 $6,243 $348,477 $52,011 $296,466
2015 $6,168 $343,243 $51,230 $292,013
2014 $6,074 $336,520 $50,227 $286,293
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Vivian Alcala

  • U

    Buyer's Agent in 2012

    Unknown Member

  • O

    Buyer's Agent in 2012

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21456422

California Desert Association of REALTORS®

APN: 3146-005-007

California Los Angeles County Lancaster 93535 East Lancaster

508 E Lancaster Blvd, Lancaster, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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