NOT LISTED FOR SALE

Estimated Value: $1,208,000 - $1,868,000

6 Beds
5 Baths
3,851 Sq Ft
$427/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $950,000 $247 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,699/month

52 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • William McKinley Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Santa Anita Playlot

About This Home

As of April 2015

Very Clean and Remodeled home. Features new Kitchen with granite counter tops, New Bathrooms, New Floors, New AC and heating System, New Roof, and much more. You Must see it to appreciate. Close to all shopping areas including new IKEA, and Burbank Media center. Easy Freeway access.

Last Agent to Sell the Property

Marlene Cagatao

Coldwell Banker Hallmark Realty License #01034163 Listed on: 02/25/2015

Coldwell Banker Hallmark Realty

Last Buyer's Agent

Armik Youssefian

License #00974299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,607

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 8,237 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,851 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Combination Foundation
  • Composition Roof

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Laminate Countertops
  • More Than Two Accessible Exits
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, parking fee, repairs
  • Tax Lot 2
  • Tax Tract Number 67
  • Assessor Parcel Number 2451002010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,900
  • Water Sewer Expense $300
  • New Taxes Expense $11,000
  • Gross Income $60,000
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,607

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 8184509704
  • Other Phone Number: 8184509704
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 300.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 2451002010
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laminate Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Price Per Square Foot: 246.69

Exterior Features

  • Foundation: Combination
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Gas Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8237.00
  • Lot Size Acres: 0.1890

Rental Info

  • Tenant Pays: Electricity, Gas, Parking Fee, Repairs

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 8237.0000 Square Feet
  • Net Operating Income: 46000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 2
  • Tax Tract Number: 67-2
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2021
Sold by
Youssefian Armik and Azalbarian Rosanna
Bought by
Alabama Street Llc
Current Estimated Value
$1,629,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$575,864
Interest Rate
3.09%
Estimated Equity
$1,067,920

Purchase Details

Closed on
Jul 29, 2015
Sold by
Youssefian Armik
Bought by
Alabama Street Llc

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 10, 2015
Sold by
Catala Miguel G
Bought by
Youssefian Armik
Seller's Agent
Marlene Cagatao
Coldwell Banker Hallmark Realty
Buyer's Agent
Armik Youssefian
List Price
$1,025,000
Sold Price
$950,000
Premium/Discount to List
-$75,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$712,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Bonzon Teodulo C and Bonzon Myla Q
Bought by
Catala Miguel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,500
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 18, 2002
Sold by
Rice Property Inc
Bought by
Bonzon Teodulo C and Bonzon Myla Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,670
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 1998
Sold by
Gonzalez Alicia L
Bought by
Rice Property Inc
Source: Public Records

Range of Values:

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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
Alabama Street Llc -- Lawyers Title Company
Azalbarian Rosanna -- Lawyers Title Company
Yousseflan Armik -- Lawyers Title Company
Alabama Street Llc -- Accommodation
Youssefian Armik $950,000 Provident Title Company
Catala Miguel G $985,000 Alliance Title Company
Bonzon Teodulo C $420,000 Chicago Title Co
Rice Property Inc $255,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousseflan Armik $625,000
Closed Azalbarian Rosanna $625,000
Previous Owner Youssefian Armik $712,500
Previous Owner Catala Miguel G $689,500
Previous Owner Catala Miguel G $49,250
Previous Owner Bonzon Teodulo C $389,425
Previous Owner Bonzon Teodulo C $383,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Rented $3,000 0.0% --
04/28/2017 04/28/17 Under Contract -- -- --
04/22/2017 04/22/17 For Rent $3,000 0.0% --
04/06/2015 04/06/15 Sold $950,000 -7.3% $247 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $1,025,000 -- $266 / 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 $12,607 $1,124,600 $674,760 $449,840
2024 $12,607 $1,102,550 $661,530 $441,020
2023 $12,475 $1,080,932 $648,559 $432,373
2022 $11,917 $1,059,739 $635,843 $423,896
2021 $11,860 $1,038,961 $623,376 $415,585
2020 $11,731 $1,028,529 $616,985 $411,544
2019 $11,386 $1,008,367 $604,888 $403,479
2018 $11,202 $988,600 $593,028 $395,572
2016 $10,783 $964,487 $578,692 $385,795
2015 $12,170 $1,098,046 $557,384 $540,662
2014 -- $1,076,538 $546,466 $530,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15007479

California Regional Multiple Listing Service (CRMLS)

APN: 2451-002-010