NOT LISTED FOR SALE

6838 Baird Ave Reseda, CA 91335

Estimated Value: $890,776 - $1,306,000

4 Beds
2 Baths
1,892 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $540,000 $285 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,310/month

27 Days on Market

About This Home

As of June 2016

Duplex zoned LAR2 with potential up-zone to R-3. General Plan calls for Community Commercial Zoning. Purchaser must buy adjacent duplex 6834 Baird Ave with APN 2126-022-005 for a total price of $1,200,000. Both properties total 16,000 SF of Land measuring 100' x 160'. Developer could build up to 20 Units subject to zone change and City requirements. See newly built apartment complex across the street as an example. Please DRIVE BY ONLY, DO NOT DISTURB TENANTS, THEY ARE NOT AWARE OF SALE.

Last Agent to Sell the Property

Fred Darwich

Bella Vista Estates Real Estate Group Inc License #00701711 Listed on: 03/24/2016

Co-Listed By

Oliver Darwich

Compass License #01887126

Compass

Last Buyer's Agent

Oliver Darwich

Compass License #01887126

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 1952

Lot Details

  • 8,005 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • 1,892 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking
  • On-Site Parking

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 2126022004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,196
  • Net Operating Income $15,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,237

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 2126022004
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 285.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Uncovered

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8005.00
  • Price Per Lot Square Foot: 67.46

Multi Family

  • Gross Income: 2196.00
  • Gross Scheduled Income: 26352.00
  • Net Operating Income: 15811.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 10541.00
  • Operating Expense Percent: 40.00
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Lbmp Baird Llc
Bought by
Blackgem Properties Llc and Baird Investment Llc
Current Estimated Value
$1,055,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
40%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2021
Sold by
Rosa Luis and Gregorczky Geri H
Bought by
Lbmp Baird Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2011
Sold by
Henry Shay David Henry and Henry David
Bought by
Henry Shay David Henry and Henry David

Purchase Details

Closed on
Mar 30, 2011
Sold by
Shay David H and Shay David
Bought by
Henry Shay David Henry and Henry David
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
Blackgem Properties Llc $1,120,000 Lawyers Title Company
Blackgem Properties Llc $1,120,000 Lawyers Title Company
Lbmp Baird Llc -- Corinthian Title
Henry Shay David Henry -- None Available
Henry Shay David Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackgem Properties Llc $850,000
Previous Owner Lbmp Baird Llc $900,000
Previous Owner Rosa Luis $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $540,000 -10.0% $285 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $600,000 -- $317 / 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 $7,237 $582,624 $353,736 $228,888
2024 $7,237 $571,200 $346,800 $224,400
2023 $8,214 $652,800 $392,700 $260,100
2022 $7,837 $640,000 $385,000 $255,000
2021 $7,304 $590,565 $371,838 $218,727
2020 $7,375 $584,511 $368,026 $216,485
2019 $7,089 $573,051 $360,810 $212,241
2018 $6,939 $561,816 $353,736 $208,080
2016 $1,122 $78,443 $39,325 $39,118
2015 $1,109 $77,266 $38,735 $38,531
2014 $1,128 $75,754 $37,977 $37,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16062971

California Regional Multiple Listing Service (CRMLS)

APN: 2126-022-004