NOT LISTED FOR SALE
8 Beds
6 Baths
3,498 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: February 15, 2022

Last sale price $1,290,000 $369 Per Sq Ft

15 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Laundry Facilities

About This Home

As of February 2022

HUGE CORNER LOT 6 UNITS COMPLEX. Approx. 38% Upside in Rent. This 6 units apartment complex is mixed with 1 single house (2 Bed/ 2 Bath) and 5 units (3 units are 1 bed/1 bath and 2 units are 2 bed/1 bath). Approx. 3,498 building sf., 14,810 sf. lot size. Ample parking spaces. Well maintained and managed property.

Last Agent to Sell the Property

Kevin Lee

Coldwell Banker Envision License #01720786 Listed on: 11/01/2021

Coldwell Banker Envision

Last Buyer's Agent

Pat Swanson

Pat Swanson License #01382974

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 14,810 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,498 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 20
  • Assessor Parcel Number 150120012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $2,280
  • Maintenance Expense $574
  • Trash Expense $1,536
  • Water Sewer Expense $2,364
  • New Taxes Expense $14,512
  • Operating Expense $22,166
  • Gross Income $86,436
  • Net Operating Income $61,677

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.34 Acres

Listing Details

  • CapRate: 4.78
  • Property Attached: Yes
  • Water Sewer Expenses: 2364.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 150120012
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 368.78

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1536.00
  • 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: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400
  • Latitude Manual: 33.94312100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 86436.00
  • Gross Multiplier: 14.92
  • Gross Operating Income: 83843.00
  • Gross Scheduled Income: 86436.00
  • Insurance Expense: 2280.00
  • Lot Size Area: 14810.0000 Square Feet
  • Maintenance Expense: 574.00
  • Net Operating Income: 61677.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 6
  • Operating Expense: 22166.00
  • Rent Control: No
  • Total Expenses: 22166.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 14512.00
  • Tax Block: 20
  • Tax Census Tract: 411.01
  • Tax Lot: 9

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

Closed on
Jun 10, 2022
Sold by
Bought by

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Kevin Lee
Coldwell Banker Envision
Buyer's Agent
Pat Swanson
Pat Swanson
List Price
$1,290,000
Sold Price
$1,290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2021
Closed on
Feb 12, 2021
Sold by
Bought by
Seller's Agent
Yiu Kwei
KW Executive
Buyer's Agent
Kevin Lee
Coldwell Banker Envision
List Price
$999,999
Sold Price
$978,000
Premium/Discount to List
-$21,999
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.02%
Original Mortgage
$593,000
Interest Rate
0.027%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 15, 2015
Sold by
Bought by
Seller's Agent
Ante Perkov
Realion Real Estate
Buyer's Agent
Yiu Kwei
KW Executive
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0364%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2007
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
$413,000
Interest Rate
0.0572%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bought by

Purchase Details

Closed on
May 26, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 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
$200,000
Interest Rate
0.0562%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 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
$200,000
Interest Rate
0.0562%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 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
$200,000
Interest Rate
0.0562%
Mortgage Type
Commercial
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

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
-- None Listed On Document
$1,290,000 Pacific Coast Title
$958,000 First Amer Ttl Co Glendale
-- First Amer Ttl Co Los Angels
$660,000 Pct
$1,590,000 First American Title Co La
-- --
-- --
$345,000 Diversified Title & Escrow S
-- Diversified Title & Escrow S
-- Diversified Title & Escrow S
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
Previous Owner $740,000
Previous Owner $593,000
Previous Owner $450,000
Previous Owner $360,000
Previous Owner $400,500
Previous Owner $700,000
Previous Owner $413,000
Previous Owner $200,000
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
02/15/2022 02/15/22 Sold $1,290,000 0.0% $369 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $1,290,000 +31.9% $369 / Sq Ft
03/23/2021 03/23/21 Sold $978,000 -2.2% $280 / Sq Ft View Prior Sale
01/02/2021 01/02/21 For Sale $999,999 +51.5% $286 / Sq Ft
06/09/2015 06/09/15 Sold $660,000 +1.7% $110 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $649,000 -- $108 / 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 $17,034 $1,368,957 $318,362 $1,050,595
2023 $16,498 $1,315,800 $306,000 $1,009,800
2022 $11,613 $977,160 $255,000 $722,160
2021 $8,766 $732,808 $188,750 $544,058
2020 $8,626 $725,295 $186,816 $538,479
2019 $8,515 $711,074 $183,153 $527,921
2018 $8,398 $697,132 $179,563 $517,569
2017 $8,244 $683,464 $176,043 $507,421
2016 $8,110 $670,064 $172,592 $497,472
2015 $7,038 $579,235 $163,932 $415,303
2014 $7,013 $567,891 $160,722 $407,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21239964

California Regional Multiple Listing Service (CRMLS)

APN: 150-120-012

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