$1,965,000
SOLD NOV 8, 2017
-- Bed
-- Bath
8,100 Sq Ft
0.26 Acres

Recently Sold

$243 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Gated Parking
  • 11,369 Sq Ft lot
  • Central Heating and Cooling System

About This Home

As of November 2017

The Michael Group Investments proudly presents the offering memorandum for 6514-6518 Brynhurst Avenue. The property is brand new construction with a 2017certificate of occupancy. The unit mix consists of (6) 3 bedroom 2 bathroom unitsthat average roughly 1,350 square feet. There are 12 surface parking spaces (2 perunit). The property is vacant and has begun the process of lease up. All upper unitshave balconies and all units have full side by side washer/dryers. The property isseparately metered for gas and electricity and water and sits on an 11,368 squarefoot lot.WE ARE ACTIVELY LEASING THIS PROPERTY. SEE PROFORMA IN DOCS

Last Agent to Sell the Property

Juan Michael

Forward Real Estate License #01830409 Listed on: 09/22/2017

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,660

Year Built

  • Built in 2017

Interior Spaces

  • 8,100 Sq Ft Home
  • 2-Story Property

Parking

  • 12 Parking Spaces
  • Gated Parking

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4006-019-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,660

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8100
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 246.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 498995
  • Assessor Parcel Number: 4006-019-005
  • Geocode Override: No
  • Lot Size Area: 11369

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 6
  • Rent Control: 0
  • Total Annual Expense: 53541
  • Type Of Units: 3+2
  • Vacancy Rate: 7200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Oct 16, 2017
Sold by
High Xpect8tions Llc
Bought by
Vanguard Properties Llc
Seller's Agent
Juan Michael
Forward Real Estate
Buyer's Agent
David Yun
Compass
List Price
$2,000,000
Sold Price
$1,965,000
Premium/Discount to List
-$35,000
-1.75%
Current Estimated Value
$2,923,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,778
Avg. Annual Appreciation
5.23%
Original Mortgage
$1,277,250
Outstanding Balance
$1,079,260
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,844,518

Purchase Details

Listed on
Jan 13, 2015
Closed on
Mar 23, 2015
Sold by
Yousefi Behnam
Bought by
Senemer Susan and Susan Senemar 2002 Trust
Seller's Agent
Adelso Flores
Continental Real Estate
Buyer's Agent
Adelso Flores
Continental Real Estate
List Price
$499,000
Sold Price
$491,500
Premium/Discount to List
-$7,500
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.71%
Original Mortgage
$245,750
Interest Rate
3.76%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 13, 2015
Closed on
Mar 13, 2015
Sold by
Senemar Susan and Susan Senemar 2002 Trust
Bought by
High Xpect8tions Llc
Seller's Agent
Adelso Flores
Continental Real Estate
Buyer's Agent
Adelso Flores
Continental Real Estate
List Price
$499,000
Sold Price
$491,500
Premium/Discount to List
-$7,500
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,750
Interest Rate
3.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2014
Sold by
Yousefi Susan
Bought by
Susan Senemar 2002 Trust

Purchase Details

Closed on
Oct 26, 2010
Sold by
Senemar Susan and Susan Senemar Trust
Bought by
Sy Investments & Associates Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Iaam Development Network Llc
Bought by
Senemar Susan and Susan Senemar 2002 Trust

Purchase Details

Closed on
Nov 5, 2004
Sold by
Alexander Yusef
Bought by
Iaam Development Network Llc

Purchase Details

Closed on
May 10, 2004
Sold by
Higgins Ronald J
Bought by
Alexander Yusef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.37%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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 $1,965,000 North American Title Company
Interfamily Deed Transfer -- Stewart Title Company
Grant Deed $491,500 Stewart Title
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $425,000 Equity Title Company
Grant Deed -- Equity Title
Grant Deed $190,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,277,250 Stand Alone Refi Refinance Of Original Loan
Closed $1,400,000 Commercial
Closed $1,400,000 Commercial
Previous Owner $868,000 Construction
Previous Owner $245,750 Unknown
Previous Owner $245,750 Purchase Money Mortgage
Previous Owner $245,750 Purchase Money Mortgage
Previous Owner $152,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Rented $2,495 0.0% --
12/06/2017 12/06/17 Price Changed $2,495 -0.2% $1 / Sq Ft
11/10/2017 11/10/17 For Rent $2,500 0.0% --
11/08/2017 11/08/17 Sold $1,965,000 0.0% $243 / Sq Ft
11/07/2017 11/07/17 Rented $2,500 0.0% --
10/10/2017 10/10/17 Pending -- -- --
09/22/2017 09/22/17 For Rent $2,500 0.0% --
09/22/2017 09/22/17 For Sale $2,000,000 +306.9% $247 / Sq Ft
03/27/2015 03/27/15 Sold $491,500 -1.5% --
03/16/2015 03/16/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $499,000 -- --
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 $27,660 $2,235,829 $1,592,958 $642,871
2024 $27,660 $2,191,990 $1,561,724 $630,266
2023 $27,142 $2,149,010 $1,531,102 $617,908
2022 $25,571 $2,106,874 $1,501,081 $605,793
2021 $25,229 $2,065,564 $1,471,649 $593,915
2019 $24,483 $2,004,300 $1,428,000 $576,300
2018 $24,288 $1,965,000 $1,400,000 $565,000
2017 $33,844 $2,790,804 $508,974 $2,281,830
2016 $7,562 $498,995 $498,995 $0
2015 $2,248 $181,219 $181,219 $0
2014 -- $177,670 $177,670 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-275378

The MLS

APN: 4006-019-005