$950,000
SOLD MAR 9, 2016
4 Beds
4 Baths
2,880 Sq Ft
5,192 Sq Ft Lot

Recently Sold

$330 Per Sq Ft

19% Above List Price

15 Days on Market

About This Home

As of July 2016

Short Sale- All terms subject to Lender Approval. 4 Unit property, All units are 1 bed and 1 bath. Needs some upgrades. Property is being sold in "As Is" Condition with "No" warranties or guarantees. Buyer assumes all risks of purchase and seller has no responsibility to buyer!

Last Agent to Sell the Property

Behzad Saboorian

Fine Properties & Estates License #01224928 Listed on: 08/18/2015

Last Buyer's Agent

Arman Tatevossian

Arman Tatevossian License #01028987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,758

Year Built

  • Built in 1943

Lot Details

  • 5,192 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,880 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 11625
  • Assessor Parcel Number 7249012018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,758

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 818-223-3800
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • Property Type: Residential Income
  • Parcel Number: 7249012018
  • Year Built: 1943
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 329.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5192.00
  • Price Per Lot Square Foot: 182.97
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 3700.00
  • Lot Size Area: 5192.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 11625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2018
Sold by
Long Beach Trading Company Inc
Bought by
Seaward Road Toledo Llc
Current Estimated Value
$2,041,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2017
Sold by
Seaward Road Toledo Llc
Bought by
Long Beach Trading Company Inc

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 19, 2016
Sold by
Keshishian Missak
Bought by
Seaward Road Toledo Llc
Seller's Agent
Behzad Saboorian
Fine Properties & Estates
Buyer's Agent
Harrison Hyde
Harrison Hyde, Broker
List Price
$1,329,000
Sold Price
$1,325,000
Premium/Discount to List
-$4,000
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
Aug 18, 2015
Closed on
Feb 24, 2016
Sold by
Guzman Matthew
Bought by
Keshishian Missak and Belmonts Trust
Seller's Agent
Behzad Saboorian
Fine Properties & Estates
Buyer's Agent
Arman Tatevossian
Arman Tatevossian
List Price
$800,000
Sold Price
$950,000
Premium/Discount to List
$150,000
18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.69%
Original Mortgage
$855,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
King Kevin J
Bought by
Guzman Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
King Kevin J
Bought by
King Kevin J and King Tracy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2002
Sold by
King Kevin J
Bought by
King Kevin J and King Tracy K

Purchase Details

Closed on
Sep 5, 2000
Sold by
King Tracy K
Bought by
King Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Martz Gayle L
Bought by
King Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
8.13%

Purchase Details

Closed on
Mar 24, 1998
Sold by
And Anita Manley Trust Manley, Allen F And An
Bought by
Martz Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $1,325,000 Priority Title
Grant Deed $950,000 Priority Title
Grant Deed $1,200,000 Fatcola
Interfamily Deed Transfer -- First American Title Co Los
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Landsafe Title
Grant Deed $450,000 Landsafe Title
Grant Deed $377,500 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Closed $910,000 Adjustable Rate Mortgage/ARM
Previous Owner $855,000 Purchase Money Mortgage
Previous Owner $975,000 Negative Amortization
Previous Owner $195,000 Credit Line Revolving
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $414,000 New Conventional
Previous Owner $415,000 Unknown
Previous Owner $412,000 Unknown
Previous Owner $408,000 Unknown
Previous Owner $405,000 No Value Available
Previous Owner $302,000 Seller Take Back
Closed $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $1,325,000 -0.3% $460 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $1,329,000 +39.9% $461 / Sq Ft
03/09/2016 03/09/16 Sold $950,000 +18.8% $330 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $800,000 -- $278 / 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 $19,758 $1,537,769 $1,044,524 $493,245
2024 $19,758 $1,507,618 $1,024,044 $483,574
2023 $19,419 $1,478,058 $1,003,965 $474,093
2022 $18,003 $1,449,078 $984,280 $464,798
2021 $17,650 $1,420,666 $964,981 $455,685
2019 $17,398 $1,378,530 $936,360 $442,170
2018 $16,958 $1,351,500 $918,000 $433,500
2016 $16,922 $1,412,989 $647,620 $765,369
2015 $12,502 $1,060,000 $660,000 $400,000
2014 $12,654 $1,060,000 $660,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15145687

California Regional Multiple Listing Service (CRMLS)

APN: 7249-012-018