$850,000
SOLD OCT 9, 2024
5 Beds
5 Baths
3,272 Sq Ft
8,307 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

15% Below List Price

50 Days on Market

About This Home

As of October 2024

SOLD.

Last Agent to Sell the Property

Bandele Oguntomilade

Bogun Realty and Luxury Homes Brokerage Phone: 818-825-6996 License #01479541 Listed on: 07/26/2024

Last Buyer's Agent

Bandele Oguntomilade

Bogun Realty and Luxury Homes Brokerage Phone: 818-825-6996 License #01479541 Listed on: 07/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,502

Year Built

  • Built in 1950

Lot Details

  • 8,307 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre
  • 6001012015

Parking

  • 5 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,272 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 1415
  • Tax Tract Number 6581
  • Assessor Parcel Number 6001012014
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,500
  • Operating Expense $2,700
  • Gross Income $10,000
  • Net Operating Income $9,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,502

Year Built

Built in 1950

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 818-825-6996
  • Other Phone Number: 818-825-6996
  • Price Per Unit: 199600
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6001012014
  • Year Built: 1950
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Street Level
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 259.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6001012015
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8307.00
  • Lot Size Acres: 0.1907

Multi Family

  • Gross Income: 10000.00
  • Gross Scheduled Income: 10000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8307.0000 Square Feet
  • Net Operating Income: 9775.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 225.00
  • Rent Control: Yes
  • Total Expenses: 2700.00

Tax Info

  • Tax Lot: 1415
  • Tax Tract Number: 6581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 13, 2024
Sold by
Burkhardt Living Trust and Burkhardt George N
Bought by
Golden Street Investments
Seller's Agent
Bandele Oguntomilade
Bogun Realty and Luxury Homes
Buyer's Agent
Bandele Oguntomilade
Bogun Realty and Luxury Homes
List Price
$998,000
Sold Price
$850,000
Premium/Discount to List
-$148,000
-14.83%
Views
12
Current Estimated Value
$874,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,681
Avg. Annual Appreciation
2.80%
Original Mortgage
$645,000
Outstanding Balance
$110,357
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$760,824

Purchase Details

Closed on
Jun 11, 2008
Sold by
Burkhardt George N
Bought by
Burkhardt George N and Burkhardt Living Trust
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

Date Type Sale Price Title Company
Grant Deed $850,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $645,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $850,000 -14.8% $260 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $998,000 -- $305 / 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 $7,502 $340,000 $289,000 $51,000
2024 $7,502 $601,800 $408,000 $193,800
2023 $868 $48,473 $24,943 $23,530
2022 $840 $47,523 $24,454 $23,069
2021 $822 $46,592 $23,975 $22,617
2019 $804 $45,573 $23,265 $22,308
2018 $713 $44,687 $22,809 $21,878
2016 $675 $42,608 $21,924 $20,684
2015 $667 $41,969 $21,595 $20,374
2014 $686 $41,147 $21,172 $19,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24154058

California Regional Multiple Listing Service (CRMLS)

APN: 6001-012-014