NOT LISTED FOR SALE

5150 Canoga St Montclair, CA 91763

Estimated Value: $1,149,000 - $1,374,000

8 Beds
4 Baths
3,120 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $1,252,000 $401 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,844/month

20 Days on Market

About This Home

As of March 2022

Great investment opportunity for an investor or owner occupant, all units have 2 bedrooms and 1 bath each, all kitchens were remodeled with new cabinets, counter tops and stainless steel sinks within the last five years, also all baths we updated in the last five years. There are 4 one car garages, one for each unit, downstairs units have a private patio, there is a washing room which is not being use now but has a newer water heater. The complex has a nice courtyard area that is all cemented where kids could play, the units are located close to schools, shops, Montclair Plaza, and easy access to Fwys.

Last Agent to Sell the Property

PABLO MEDINA

CHAMPIONS REAL ESTATE License #00770091 Listed on: 01/12/2022

Last Buyer's Agent

Jessica Chiu

A + Realty & Mortgage License #01303406

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,590 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5658
  • Assessor Parcel Number 1010622440000
  • $6,474 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,000
  • Trash Expense $2,400
  • Water Sewer Expense $3,600
  • Operating Expense $28,807
  • Gross Income $74,400
  • Net Operating Income $45,593

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 1010622440000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 401.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7590.00
  • Lot Size Acres: 0.1742

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 74400.00
  • Gross Multiplier: 13.10
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7590.0000 Square Feet
  • Net Operating Income: 45593.00
  • 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: 28807.00
  • Rent Control: Yes
  • Total Expenses: 28807.00

Tax Info

  • Tax Census Tract: 3.01
  • Tax Lot: 12
  • Tax Tract Number: 5658
  • TaxOtherAnnualAssessmentAmount: 6474.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 28, 2022
Sold by
Shi Shuai
Bought by
Wei Jian
Seller's Agent
PABLO MEDINA
CHAMPIONS REAL ESTATE
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$975,000
Sold Price
$1,252,000
Premium/Discount to List
$277,000
28.41%
Current Estimated Value
$1,270,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,286
Avg. Annual Appreciation
0.38%
Original Mortgage
$750,000
Outstanding Balance
$697,602
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$572,684

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 1, 2022
Sold by
Dobrovodsky Anna R
Bought by
Wei Jian
Seller's Agent
PABLO MEDINA
CHAMPIONS REAL ESTATE
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$975,000
Sold Price
$1,252,000
Premium/Discount to List
$277,000
28.41%

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
Outstanding Balance
$697,602
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$572,684

Purchase Details

Listed on
Jul 2, 2013
Closed on
Jul 24, 2013
Sold by
Hong Paul B and Hong May J
Bought by
Dobrovodsky Anna R
Seller's Agent
May Hong
Realty One Group West
Buyer's Agent
PABLO MEDINA
Century 21 Beachside
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$386,250
Interest Rate
4.27%
Mortgage Type
New Conventional
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
Wei Jian -- Fidelity National Title
Wei Jian $1,252,000 Fidelity National Title
Dobrovodsky Anna R $515,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Jian $750,000
Previous Owner Dobrovodsky Anna R $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $1,252,000 0.0% $401 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/28/2022 01/28/22 Off Market $1,252,000 -- --
01/12/2022 01/12/22 For Sale $975,000 0.0% $313 / Sq Ft
10/30/2020 10/30/20 Rented $1,600 0.0% --
10/27/2020 10/27/20 Under Contract -- -- --
10/19/2020 10/19/20 For Rent $1,600 +18.5% --
09/25/2018 09/25/18 Rented $1,350 0.0% --
09/18/2018 09/18/18 Off Market $1,350 -- --
09/05/2018 09/05/18 For Rent $1,350 0.0% --
09/06/2013 09/06/13 Sold $515,000 -5.5% $165 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $545,000 -- $175 / 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 $14,252 $1,328,633 $466,932 $861,701
2024 $14,252 $1,302,581 $457,776 $844,805
2023 $13,851 $1,277,040 $448,800 $828,240
2022 $6,514 $594,907 $219,480 $375,427
2021 $6,474 $583,242 $215,176 $368,066
2020 $6,360 $577,262 $212,970 $364,292
2019 $6,306 $565,943 $208,794 $357,149
2018 $6,219 $554,846 $204,700 $350,146
2017 $5,995 $543,966 $200,686 $343,280
2016 $5,759 $533,300 $196,751 $336,549
2015 $5,720 $525,290 $193,796 $331,494
2014 $5,542 $515,000 $190,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22004949

California Regional Multiple Listing Service (CRMLS)

APN: 1010-622-44