Seller's Agent in 2020
Angel Nova
Global Premier Properties, Inc.
(213) 221-5381
1 in this area
79 Total Sales
6954 Baird Ave Reseda, CA 91335
Estimated Value: $1,120,000 - $1,594,000
6
Beds
6
Baths
4,092
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Community Pool
- Laundry Room
- Front Yard
About This Home
As of August 2020Rare opportunity to own this cash cow for under $1M, nothing like it in the whole SF Valley for the price. This is a tremendous investor or owner occupied opportunity to own this four unit building with potential to bring in higher rents. There are two units that are: 2 bedrooms, 2 full bathroom, walk in closet, a bonus room (den) that owner was previously using as third bedroom, and estimated 1200 sqft. The two other units are: 1 bedroom & 1 full bathroom. The building is fenced with an electric gate that leads all the way to the back where the eight vehicle carport is located. The pool is in good condition and has security fence all around, there's a lot of outdoor space and future development potential in this 8,000 sqft lot. The current owner replaced plumbing to copper and recently replaced the roof, very low maintenance building with long term tenants. This is a prime location in Reseda walking distance to Starbucks, public transportation, supermarket, restaurants, Reseda Park, and many local businesses. This is where you want to take your 1031 exchange or add on as a great rental to your portfolio.
Last Agent to Sell the Property
Global Premier Properties, Inc. License #02004647 Listed on: 04/18/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,629
Year Built
- Built in 1964
Lot Details
- 8,000 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- Property Attached
Interior Spaces
- 4,092 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- 8 Carport Spaces
Listing and Financial Details
- Legal Lot and Block 10 / 13
- Tax Tract Number 5236
- Assessor Parcel Number 2126021011
Community Details
Overview
- 4 Units
Recreation
- Community Pool
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,800
- Fuel Expense $1,200
- Insurance Expense $1,400
- Pool Expense $1,200
- Trash Expense $2,736
- Water Sewer Expense $3,300
- New Taxes Expense $9,088
- Operating Expense $20,724
- Gross Income $68,136
- Net Operating Income $47,412
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2020
Closed on
Jul 8, 2020
Sold by
Valdes Rafael E
Bought by
Matinvar David
Seller's Agent
Angel Nova
Global Premier Properties, Inc.
Buyer's Agent
Goli Emami
Re/MAX One
List Price
$994,999
Sold Price
$1,015,000
Premium/Discount to List
$20,001
2.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,337
Avg. Annual Appreciation
6.04%
Original Mortgage
$761,250
Outstanding Balance
$673,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$698,576
Purchase Details
Closed on
Nov 6, 2003
Sold by
Valdes Petra
Bought by
Valdes Rafael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 10, 2003
Sold by
Palencia Byron
Bought by
Valdes Rafael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2002
Sold by
Hud
Bought by
Palencia Byron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,100
Interest Rate
6.6%
Purchase Details
Closed on
Mar 8, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,100
Interest Rate
6.6%
Purchase Details
Closed on
Sep 7, 2000
Sold by
Mosqueda Jose C and Pineda Luis
Bought by
Chase Manhattan Mtg Corp
Purchase Details
Closed on
May 4, 1999
Sold by
Metropolitan Investors Corp
Bought by
Pineda Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,700
Interest Rate
6.94%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 8, 1999
Sold by
Mosqueda Eva
Bought by
Mosqueda Jose C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,700
Interest Rate
6.94%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 5, 1998
Sold by
Nazlikian Pogos Paul
Bought by
Metropolitan Investors Corp
Purchase Details
Closed on
Jun 3, 1998
Sold by
Malveaux Randy
Bought by
Flores Freddy
Purchase Details
Closed on
May 22, 1998
Sold by
Nazlikian Narine
Bought by
Nazlikian Pogos Paul
Purchase Details
Closed on
Jan 20, 1998
Sold by
Flores Freddy
Bought by
Nazlikian Pogos Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.1%
Purchase Details
Closed on
Dec 26, 1995
Sold by
Rangel Blanca and Flores Fred
Bought by
Flores Freddy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
9.99%
Purchase Details
Closed on
Mar 15, 1995
Sold by
Rangel Blanca L
Bought by
Flores Fred
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Matinvar David | $1,015,000 | Stewart Title Of Ca Inc | |
| Valdes Rafael E | -- | Southland Title | |
| Valdes Rafael E | $545,000 | Southland Title Company | |
| Palencia Byron | $379,000 | Stewart Title | |
| Hud | -- | Landsafe Title | |
| Chase Manhattan Mtg Corp | $268,027 | Landsafe Title | |
| Pineda Luis | $255,000 | Lawyers Title Company | |
| Mosqueda Jose C | -- | Lawyers Title Company | |
| Metropolitan Investors Corp | -- | Lawyers Title Company | |
| Flores Freddy | -- | American Title Co | |
| Nazlikian Pogos Paul | -- | American Title Co | |
| Nazlikian Pogos Paul | $175,000 | American Title Co | |
| Flores Freddy | -- | Provident Title | |
| Flores Fred | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matinvar David | $761,250 | |
| Previous Owner | Valdes Rafael E | $436,000 | |
| Previous Owner | Palencia Byron | $303,100 | |
| Previous Owner | Pineda Luis | $247,700 | |
| Previous Owner | Nazlikian Pogos Paul | $122,500 | |
| Previous Owner | Flores Freddy | $186,000 | |
| Closed | Palencia Byron | $56,800 | |
| Closed | Valdes Rafael E | $109,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2020 08/17/20 | Sold | $1,015,000 | +2.0% | $248 / Sq Ft |
| 07/01/2020 07/01/20 | For Sale | $994,999 | -2.0% | $243 / Sq Ft |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | Off Market | $1,015,000 | -- | -- |
| 04/18/2020 04/18/20 | For Sale | $994,999 | -- | $243 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,629 | $1,098,666 | $432,972 | $665,694 |
| 2024 | $13,629 | $1,077,125 | $424,483 | $652,642 |
| 2023 | $13,373 | $1,056,006 | $416,160 | $639,846 |
| 2022 | $12,765 | $1,035,300 | $408,000 | $627,300 |
| 2021 | $12,596 | $1,015,000 | $400,000 | $615,000 |
| 2020 | $9,081 | $708,514 | $213,200 | $495,314 |
| 2019 | $8,736 | $694,622 | $209,020 | $485,602 |
| 2018 | $8,548 | $681,003 | $204,922 | $476,081 |
| 2016 | $8,140 | $654,561 | $196,965 | $457,596 |
| 2015 | $8,023 | $644,730 | $194,007 | $450,723 |
| 2014 | $8,071 | $632,101 | $190,207 | $441,894 |
Source: Public Records
Agents Affiliated with this Home
-
Angel Nova
-
Goli Emami
Buyer's Agent in 2020
Goli Emami
RE/MAX
(800) 507-7355
2 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20075584
APN: 2126-021-011
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