NOT LISTED FOR SALE

544 E Lancaster Blvd Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $232,000 - $834,730

5 Beds
5 Baths
2,916 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $365,000 $125 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,712/month

303 Days on Market

About This Home

As of April 2016

Great Opportunity to own this 3 unit Apartment building, situated at Lancaster Blvd. This property was built in 1982 and currently 2 units was occupied and one unit available for rent currently listed for $1050/month. Increase of almost 23% on income. Unit mix consists of (1) 1bed and 1bath single story, and (2) 2bed and 1.5bath two story. Each unit has 2 covered parking garage, plus extra parking for the 3rd unit. Also, each unit has each own hook up for washer and dryer. Wait no further and take this opportunity to own this turn key Apartment building.

Last Agent to Sell the Property

Lani Jovicic

Ayden Tyler Realty License #01345583 Listed on: 05/11/2015

Last Buyer's Agent

Rain Logan

Keller Williams Realty A.V. License #01811574

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,712

Home Design

  • 2,916 Sq Ft Home
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3146-005-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Annual Insurance Expense: 1431.00
  • Capital Rate: 7.52
  • House Faces: E
  • Directions To Property: Take Freeway 14N and exit Ave K, turn Right. From Division turn Left, then turn Right onto Lancaster Blvd. Right onto Andale and make a quick Right turn. Property is on the left hand side.
  • Income Producing: Yes
  • Listing Member Name: Lani Clemente Jovicic
  • Lot Measurement: SqFt
  • Prop. Type: E
  • Sp Percent Lp: 0.97
  • Square Footage: 2916.00
  • Tract Suffix: Boulevard
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 125000.00
  • Total Bathrooms: 5.00

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 3

Lot Info

  • Lot Acres: 0.20
  • Zoning: LRR3

Tax Info

  • Assessor Parcel Number: 3146-005-002

Multi Family

  • Number1 Bedroom Units: 1.00
  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2017
Sold by
Flores Wilfredo
Bought by
Flores Wilfredo and Flores Sandra
Current Estimated Value
$603,933

Purchase Details

Listed on
May 11, 2015
Closed on
Mar 11, 2016
Sold by
Romero Melchor R
Bought by
Flores Wilfredo and Flores Sandra Yanira
Seller's Agent
Lani Jovicic
Ayden Tyler Realty
Buyer's Agent
Rain Logan
Keller Williams Realty A.V.
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Romero Melchor R
Bought by
Romero Melchor R and Romero Zenaida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Liu Jeanne K
Bought by
Romero Melchor R and Romero Zenaida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,223
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1996
Sold by
Liu Jeanne Ku
Bought by
Liu Jeanne Ku and Jeanne Ku Liu Revocable Trust
Source: Public Records

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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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
Flores Wilfredo -- None Available
Flores Wilfredo $365,000 Fidelity National Title
Romero Melchor R -- Financial Title Company La
Romero Melchor R $120,000 Lawyers Title Company
Liu Jeanne Ku -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Melchor R $287,000
Previous Owner Romero Melchor R $119,223
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2016 04/27/16 Sold $365,000 -2.7% $125 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
05/11/2015 05/11/15 For Sale $375,000 -- $129 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $6,839 $432,078 $108,905 $323,173
2024 $6,839 $423,607 $106,770 $316,837
2023 $6,709 $415,302 $104,677 $310,625
2022 $6,589 $407,160 $102,625 $304,535
2021 $6,478 $399,177 $100,613 $298,564
2020 $6,406 $395,085 $99,582 $295,503
2019 $6,296 $387,339 $97,630 $289,709
2018 $6,194 $379,745 $95,716 $284,029
2016 $5,095 $306,000 $70,200 $235,800
2015 $4,663 $270,000 $61,900 $208,100
2014 $4,343 $235,000 $53,900 $181,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lani Jovicic

    Ayden Tyler Realty

    (661) 236-8823

    2 in this area

    31 Total Sales

    Lani Jovicic
    Section Image

  • R

    Buyer's Agent in 2016

    Rain Logan

    Keller Williams Realty A.V.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 15006714

Greater Antelope Valley Association of REALTORS®

APN: 3146-005-002

California Los Angeles County Lancaster 93535 East Lancaster

544 E Lancaster Blvd, Lancaster, CA

Not Listed for Sale

MultiFamily

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