NOT LISTED FOR SALE

Estimated Value: $1,719,000 - $2,258,623

6 Beds
4 Baths
3,016 Sq Ft
$657/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $1,732,550 $574 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,656/month

118 Days on Market

Highlights

  • Forced Air Heating System
  • Kentwood Elementary Rated A-
  • Ceiling Fan

About This Home

As of February 2022

Huge Duplex in Westchester. High price per unit but low price per square foot. Since 2020 the average $/Sq.Ft. for Westchester duplexes is 8% above asking with 13 of 20 sales above $612/Sq.Ft. and as high as $808/Sq.Ft. The units have been completely renovated and fully occupied for over 2 years. Featuring a grand total square footage of 3,016 sq ft, each 3BR/2BA unit is oversized. Both units are currently rented to LMU Students and the 2-car garage is rented separately for storage. Property generates $8,400 per month in income.

Last Agent to Sell the Property

Steffan Braunlich

Berkadia License #01859098 Listed on: 09/20/2021

Last Buyer's Agent

Angel Nevarez

Dolce & Associates License #01347385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,289

Year Built

  • Built in 1945

Lot Details

  • 6,149

Parking

  • 1 Parking Space

Interior Spaces

  • 3,016 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,149 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 4122-004-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,289

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3016
  • Lot Acreage: 0.1412
  • Probate: No
  • Stories: 2
  • Year Built: 1945
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 2
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Drapes: 2
  • Number Refrigerator: 2
  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Freezer, Dryer, Dishwasher, Ceiling Fan, Ice Maker, Washer, Range/Oven
  • Price Per S Q F T: 586.87

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 1

Utilities

  • Heating: Forced Air
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 29.75
  • Assessed Improvement Value: 367200
  • Assessed Land Percent: 70.25
  • Assessed Land Value: 867000
  • Total Assessed Value: 1234200
  • Assessor Parcel Number: 4122-004-017
  • Lot Size Area: 6149

Rental Info

  • Number Leased: 2
  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 18.10
  • Number Of Units: 2
  • Total Annual Expense: 21544
  • Type Of Units: Townhouse
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Feb 7, 2022
Sold by
Surfridge Investments Llc
Bought by
Coronado Daniel
Seller's Agent
Steffan Braunlich
Berkadia
Buyer's Agent
Angel Nevarez
Dolce & Associates
List Price
$1,795,000
Sold Price
$1,732,550
Premium/Discount to List
-$62,450
-3.48%
Current Estimated Value
$1,981,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,356
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
May 19, 2021
Sold by
Braunlich Steffan
Bought by
Surfridge Investments Llc

Purchase Details

Closed on
Jul 27, 2020
Sold by
Surfridge Investments Llc
Bought by
Braunlich Steffan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2019
Sold by
Braunlich Steffan
Bought by
Surfridge Investments Llc

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 4, 2019
Sold by
Braunlich Crystal Marie
Bought by
Braunlich Steffan
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
James Suarez
Real Broker
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$8,940,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 17, 2018
Sold by
Burgess Timothy and Burgess Living Trust
Bought by
Braunlich Steffam
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
James Suarez
Real Broker
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,940,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2013
Sold by
Burgess James and Burgess William L
Bought by
Burgess James and Burgess Living Trust

Purchase Details

Closed on
Aug 12, 2000
Sold by
Burgess William L and Burgess Shirley M
Bought by
Burgess William L
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
Coronado Daniel $1,750,000 Stewart Title Of California In
Surfridge Investments Llc -- First American Title
Braunlich Steffan -- Chicago Title Company
Surfridge Investments Llc -- Fidelity National Title Co
Braunlich Steffan -- Fidelity National Title Comp
Braunlich Steffam $1,210,000 Fidelity National Title Comp
Burgess James -- None Available
Burgess William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronado Daniel $75,000
Previous Owner Braunlich Steffan $823,000
Previous Owner Braunlich Steffam $8,940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $1,732,550 -2.1% $574 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/13/2022 01/13/22 Price Changed $1,770,000 -1.4% $587 / Sq Ft
01/04/2022 01/04/22 For Sale $1,795,000 +3.6% $595 / Sq Ft
12/20/2021 12/20/21 Off Market $1,732,550 -- --
09/24/2021 09/24/21 Price Changed $1,795,000 -1.6% $595 / Sq Ft
09/20/2021 09/20/21 For Sale $1,825,000 +50.8% $605 / Sq Ft
01/22/2019 01/22/19 Sold $1,210,000 +0.8% $401 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $1,200,000 -- $398 / Sq Ft
Source: The MLS

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 $22,289 $1,857,113 $1,114,268 $742,845
2024 $22,289 $1,820,700 $1,092,420 $728,280
2023 $21,859 $1,785,000 $1,071,000 $714,000
2022 $21,252 $1,785,000 $1,326,000 $459,000
2021 $19,812 $1,650,000 $1,250,000 $400,000
2020 $15,230 $1,234,200 $867,000 $367,200
2019 $2,813 $203,985 $66,789 $137,196
2018 $2,739 $199,986 $65,480 $134,506
2016 $2,593 $192,223 $62,939 $129,284
2015 $2,559 $189,337 $61,994 $127,343
2014 $2,583 $185,629 $60,780 $124,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-785670

The MLS

APN: 4122-004-017