NOT LISTED FOR SALE

6502 Lindley Ave Reseda, CA 91335

Estimated Value: $913,807 - $997,000

4 Beds
3 Baths
1,988 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $690,000 $347 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,875/month

Highlights

  • Updated Kitchen
  • No HOA
  • Living Room
  • Granite Countertops
  • Walk-In Closet
  • Laundry Room

About This Home

As of August 2020

Price dropped!
A must see property with two homes located in desirable neighborhood of Reseda adjacent to Encino. Great rental income 7.5% cap rate! , with each home having its own address, Water Meter, Gas Meter and Electric Meter. The main house (6504 Lindley) has been completely remodeled with a Huge Master Bedroom with large walk-in-closet. The home is 1528 sqft featuring 3 bedrooms and 2 bathrooms. Interior features include new appliances, floors, paint, and New central A/C. The kitchen has beautiful new custom cabinets and quartz counter tops, self-closing cabinets. Exterior features include new Roof, Copper plumbing and 200 amp electric Meter! The back house (6502 Lindley) is new construction with its own private entrance. The back house features 1 Bedroom 1 Bathroom, 400 sqft.
Long term tents with great payment history, $4500/month, $54k/year
Can be delivered vacant!

Last Agent to Sell the Property

Ortal Dahan

American Dream Realty Inc License #02089987 Listed on: 03/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,177

Year Built

  • Built in 1950

Lot Details

  • 6,159 Sq Ft Lot
  • Vinyl Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 331
  • Tax Tract Number 13921
  • Assessor Parcel Number 2123014025

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,177

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2123014025
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1988.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 347.08
  • Room Type: All Bedrooms Down, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6159.00
  • Lot Size Acres: 0.1414

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6159.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1327.00
  • Tax Lot: 331
  • Tax Tract Number: 13921

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2023
Sold by
Piskoulian Andranik Andy
Bought by
Andranik Andy Piskoulian Revocable Living Tru and Piskoulian
Current Estimated Value
$963,952

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 17, 2020
Sold by
Danielian Anait
Bought by
Piskoulian Andranik Andy
Seller's Agent
Ortal Dahan
American Dream Realty Inc
List Price
$699,995
Sold Price
$690,000
Premium/Discount to List
-$9,995
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$655,500
Interest Rate
3%

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 22, 2020
Sold by
Friedman Gad
Bought by
Piskoulian Andy and Piskoulian Andranik Andy
Seller's Agent
Ortal Dahan
American Dream Realty Inc
List Price
$699,995
Sold Price
$690,000
Premium/Discount to List
-$9,995
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,500
Interest Rate
3%

Purchase Details

Closed on
Jul 7, 2017
Sold by
Friedman Adi
Bought by
Friedman Gad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2017
Sold by
Back Caroline W
Bought by
Friedman Gad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Weiss Charles M and Weiss Margaret R
Bought by
Weiss Charles M and Weiss Family Living Trust

Purchase Details

Closed on
May 6, 2002
Sold by
Weiss Charles M and Weiss Margaret Ross
Bought by
Weiss Charles M
Source: Public Records

Range of Values:

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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
Andranik Andy Piskoulian Revocable Living Tru -- None Listed On Document
Piskoulian Andranik Andy -- Stewart Title
Piskoulian Andy $690,000 Stewart Title
Friedman Gad -- Wfg National Title Company
Friedman Gad $480,000 Wfg National Title Co
Weiss Charles M -- --
Weiss Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piskoulian Andy $655,500
Previous Owner Friedman Gad $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $690,000 -1.4% $347 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $699,995 +1.4% $352 / Sq Ft
06/01/2020 06/01/20 Off Market $690,000 -- --
05/20/2020 05/20/20 Price Changed $699,995 -2.8% $352 / Sq Ft
04/27/2020 04/27/20 Price Changed $720,000 0.0% $362 / Sq Ft
04/27/2020 04/27/20 For Sale $720,000 -4.0% $362 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $749,900 -- $377 / 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 $9,177 $746,877 $449,209 $297,668
2024 $9,177 $732,233 $440,401 $291,832
2023 $9,002 $717,876 $431,766 $286,110
2022 $8,589 $703,800 $423,300 $280,500
2021 $8,481 $690,000 $415,000 $275,000
2020 $6,978 $550,768 $399,513 $151,255
2019 $6,709 $539,970 $391,680 $148,290
2018 $5,968 $480,000 $384,000 $96,000
2016 $1,035 $76,990 $40,152 $36,838
2015 $1,021 $75,834 $39,549 $36,285
2014 $1,033 $74,350 $38,775 $35,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20045812

California Regional Multiple Listing Service (CRMLS)

APN: 2123-014-025