NOT LISTED FOR SALE

7003 Claire Ave Reseda, CA 91335

Estimated Value: $1,120,000 - $1,650,000

8 Beds
5.5 Baths
2,710 Sq Ft
$512/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,260,000 $465 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,844/month

57 Days on Market

Highlights

  • Detached Guest House
  • RV Access or Parking
  • No HOA
  • Second Garage
  • Main Floor Primary Bedroom
  • Two Homes on a Lot

About This Home

As of July 2021

BEST CAP RATE OR LARGE FAMILY COMPOUND – 2 SEPARATE HOMES IN ONE!
An amazing property with TWO COMPLETE HOMES on the same lot! If you’re looking for the perfect investment/rental property (currently generating nearly $8k monthly), or a “compound” for a large family, this HOME + ADU (complete second home on the same lot) is the perfect choice. Main house is beautifully remodeled with 5 bedrooms and 3 full baths, over 1,500 sq ft and one-car garage. ADU (with a separate address – 19135 Hart Ave) has a separate car entrance and is brand new with 3 bedrooms, 2.5 baths, over 1,200 sq ft, plus two-car garage. That’s a total of EIGHT bedrooms, 5.5 baths, and 3 garage spaces on a nearly 8,000 sq ft lot! Additional parking in driveway, and plenty on the street. Both the main home and the ADU feature indoor laundry rooms, beautiful finishes, sleek cabinetry, quartz counter tops, deep stainless-steel sinks, all new stainless-steel appliances: stoves, dishwashers and microwaves; energy efficient windows (with tons of natural light throughout); bathrooms with modern finishes and vanities, faucets/shower hardware, glass shower doors. The main home also has solar panels (already paid for), custom plantation shutters. new roof, new PEX plumbing, new water heater, new central A/C & Heat, new electrical panel, new recessed lighting, and near-new flooring throughout. And of course the fully-permitted ADU is ALL NEW EVERYTHING, including tankless water heater and central AC/heating. Both homes have nice size yards, and can be separated by a fence if owner wants to rent them separately. RV access is also possible with side, double wide custom gate. Backyard is ideal for entertaining. Get everything on your list with this amazing lot with two homes!!!! As a rental, the 2 homes combined are currently generating just under $8,000/month in rent.

Last Agent to Sell the Property

Kevin Gioia

Kevin Gioia, Broker License #01804683 Listed on: 04/13/2021

Last Buyer's Agent

Chana Firestone

Compass License #01939330

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,072

Year Built

  • Built in 1951

Lot Details

  • 7,770 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 3 Car Attached Garage
  • Second Garage
  • Parking Available
  • RV Access or Parking

Interior Spaces

  • 2,710 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms | 5 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 16270
  • Assessor Parcel Number 2129005024

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,072

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2129005024
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2710.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 464.94
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached, Second Garage, Two On A Lot
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Unknown
  • 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: 7770.00
  • Lot Size Acres: 0.1784

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7770.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1325.01
  • Tax Lot: 72
  • Tax Tract Number: 16270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Li Yingying
Bought by
Shelby Investment Llc
Current Estimated Value
$1,388,011

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 15, 2021
Sold by
Lauer Paul Andreas and Lauer Laura P
Bought by
Li Yingying
Seller's Agent
Kevin Gioia
Kevin Gioia, Broker
Buyer's Agent
Chana Firestone
Compass
List Price
$1,350,000
Sold Price
$1,260,000
Premium/Discount to List
-$90,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Listed on
Dec 6, 2019
Closed on
Nov 20, 2019
Sold by
Chase Jackie
Bought by
Lauer Paul Andreas and Lauer Laura P
Seller's Agent
Diane Gonzalez
Equity Union
Buyer's Agent
diane gonzalez
Rodeo Realty
Sold Price
$4,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.80%
Original Mortgage
$449,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Jackie Chase Living Trust
Bought by
Chase Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Chase Jackie and The Jackie Chase Revocable Liv
Bought by
Chase Jackie and The Jackie Chase Living Trust

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 12, 2018
Sold by
Morales Jose and Morales Lulliana
Bought by
Chase Jackie and The Jackie Chase Revocable Liv
Seller's Agent
Sonia Trapote
Hope Realty Services Inc.
Buyer's Agent
diane gonzalez
Rodeo Realty
List Price
$685,000
Sold Price
$640,000
Premium/Discount to List
-$45,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 7, 2016
Sold by
Mclaughlin Lysle and Mclaughlin Sharon L
Bought by
Morales Jose and Morales Liliana
Seller's Agent
Pebble Singha
No Firm Affiliation
Buyer's Agent
Shawn Shariff
Millennium Realty SFV, Inc.
List Price
$359,999
Sold Price
$380,000
Premium/Discount to List
$20,001
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.38%
Original Mortgage
$304,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Mclaughlin Sharon L
Bought by
Mclaughlin Lysle and Mclaughlin Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 1996
Sold by
Mclaughlin Lysle
Bought by
Mclaughlin Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 1996
Sold by
Federal National Mortgage Association
Bought by
Mclaughlin Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 29, 1996
Sold by
Magnusson Lori L and Southern California Fsla
Bought by
Federal National Mortgage Association
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
Shelby Investment Llc -- Accommodation
Li Yingying $1,260,000 Equity Title
Lauer Paul Andreas $687,000 Progressive Title Company
Chase Jackie -- First American Title
Chase Jackie -- None Available
Chase Jackie $640,000 First American Title Company
Morales Jose $380,000 Fatcola
Mclaughlin Lysle -- First Southwestern Title Co
Mclaughlin Sharon L -- Southland Title Corporation
Mclaughlin Sharon L $124,000 Southland Title Corporation
Federal National Mortgage Association $136,988 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lauer Paul Andreas $449,000
Previous Owner Lauer Paul Andreas $449,000
Previous Owner Chase Jackie $155,500
Previous Owner Morales Jose $304,000
Previous Owner Mclaughlin Lysle $158,900
Previous Owner Mclaughlin Lysle $35,000
Previous Owner Mclaughlin Sharon L $120,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $1,260,000 -3.0% $465 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $1,299,000 -3.8% $479 / Sq Ft
05/09/2021 05/09/21 For Sale $1,350,000 0.0% $498 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $1,350,000 0.0% $498 / Sq Ft
01/14/2020 01/14/20 Rented $4,200 -99.4% --
01/14/2020 01/14/20 Under Contract -- -- --
12/18/2019 12/18/19 Sold $687,000 0.0% $458 / Sq Ft
12/06/2019 12/06/19 For Rent $4,400 0.0% --
11/19/2019 11/19/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $695,000 +8.6% $463 / Sq Ft
04/03/2018 04/03/18 Sold $640,000 -6.6% $426 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $685,000 +80.3% $456 / Sq Ft
07/29/2016 07/29/16 Sold $380,000 +5.6% $378 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $359,999 -- $359 / 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 $16,072 $1,337,121 $827,742 $509,379
2024 $16,072 $1,310,904 $811,512 $499,392
2023 $15,759 $1,285,200 $795,600 $489,600
2022 $15,023 $1,260,000 $780,000 $480,000
2021 $10,463 $863,017 $493,965 $369,052
2020 $8,500 $687,000 $488,900 $198,100
2019 $5,112 $420,524 $102,724 $317,800
2018 $4,793 $387,600 $310,080 $77,520
2016 $2,088 $170,583 $103,728 $66,855
2015 $2,058 $168,021 $102,170 $65,851
2014 $2,073 $164,731 $100,169 $64,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21077906

California Regional Multiple Listing Service (CRMLS)

APN: 2129-005-024