NOT LISTED FOR SALE

5140 Canoga St Montclair, CA 91763

Estimated Value: $1,121,000 - $1,249,000

8 Beds
4 Baths
3,422 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2019

Last sale price $790,000 $231 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,191 / mo

53 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of August 2019

Great investment opportunity located in city of Montclair. 5140-46 Canoga. 4 unit apartment complex. Each unit features 2 bedroom and 1 bath. living room, dinning area and kitchen. Great open floor plan. Detached one car enclosed garage and plenty of street parking on cul-de-sac. Great location. Close to Costco wholesale, restaurants, shopping and entertainment. Walking distance to park, church and schools! NO RENT control. rent are under market. Strong long term tenant market. Don't miss this great opportunity!

Last Agent to Sell the Property

Andy Chen

Coldwell Banker Top Team License #01334893 Listed on: 05/23/2019

Coldwell Banker Top Team

Last Buyer's Agent

Hwychin (Frank) Pao

Kingstone, Inc. License #01864901

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,590 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5658
  • Assessor Parcel Number 1010622450000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $352
  • Fuel Expense $277
  • Insurance Expense $2,000
  • Trash Expense $1,697
  • Water Sewer Expense $2,975
  • New Taxes Expense $8,500
  • Operating Expense $15,316
  • Gross Income $47,100
  • Net Operating Income $35,901

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

7,590 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2975.00
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 1010622450000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 230.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1697.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7590.00
  • Lot Size Acres: 0.1742

Multi Family

  • Electric Expense: 352.00
  • Fuel Expense: 277.00
  • Gross Income: 47100.00
  • Gross Scheduled Income: 47100.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7590.0000 Square Feet
  • Net Operating Income: 35901.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 111199.00
  • Rent Control: No
  • Total Expenses: 15316.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Census Tract: 3.01
  • Tax Lot: 13
  • Tax Tract Number: 5658

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 23, 2019
Closed on
Aug 12, 2019
Sold by
Bought by
Seller's Agent
Andy Chen
Coldwell Banker Top Team
Buyer's Agent
Hwychin (Frank) Pao
Kingstone, Inc.
List Price
$799,999
Sold Price
$790,000
Premium/Discount to List
-$9,999
-1.25%
Current Estimated Value
$1,187,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,153
Avg. Annual Appreciation
6.15%
Original Mortgage
$513,000
Outstanding Balance
$449,293
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$737,860

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jun 4, 2012
Sold by
Bought by
Seller's Agent
Oscar Mendez
Coldwell Banker Top Team
Buyer's Agent
Andy Chen
Coldwell Banker Top Team
List Price
$424,900
Sold Price
$405,000
Premium/Discount to List
-$19,900
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$300,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
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
$295,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 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
$308,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
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
$168,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 1996
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
$14,450
Interest Rate
8.2%

Purchase Details

Closed on
Jul 2, 1996
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
$14,450
Interest Rate
8.2%

Purchase Details

Closed on
Feb 9, 1996
Sold by
Bought by
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

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
$790,000 Lawyers Title
$405,000 Chicago Title
-- Stewart Title Of California
-- Stewart Title Company
-- Stewart Title Company
-- Fidelity
-- --
$144,500 Fidelity Title
-- Fidelity National Title Ins
$121,135 Chicago Title Co
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 $513,000
Previous Owner $300,000
Previous Owner $295,000
Previous Owner $308,000
Previous Owner $168,000
Previous Owner $14,450
Closed $115,600
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
08/28/2019 08/28/19 Sold $790,000 -1.2% $231 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $799,999 0.0% $234 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $799,999 0.0% $234 / Sq Ft
03/24/2014 03/24/14 Rented $900 0.0% --
03/24/2014 03/24/14 For Rent $900 0.0% --
06/08/2012 06/08/12 Sold $405,000 -4.7% $118 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $424,900 -- $124 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,497 $863,980 $300,752 $563,228
2024 $9,281 $847,039 $294,855 $552,184
2023 $9,020 $830,431 $289,074 $541,357
2022 $8,901 $814,148 $283,406 $530,742
2021 $8,846 $798,184 $277,849 $520,335
2020 $8,691 $790,000 $275,000 $515,000
2019 $5,088 $456,025 $168,899 $287,126
2018 $5,018 $447,083 $165,587 $281,496
2017 $4,838 $438,316 $162,340 $275,976
2016 $4,647 $429,722 $159,157 $270,565
2015 $4,615 $423,267 $156,766 $266,501
2014 $4,472 $414,976 $153,695 $261,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19120533

California Regional Multiple Listing Service (CRMLS)

APN: 1010-622-45

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