NOT LISTED FOR SALE

7035 Greeley St Tujunga, CA 91042

Estimated Value: $1,135,000 - $1,281,000

4 Beds
4 Baths
2,144 Sq Ft
$559/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $1,050,000 $490 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,401/month

4 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Cottage
  • Verdugo Hills Senior High School Rated A-
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2023

PRIME real estate in the heart of Tujunga on just over a third of an acre! (14,100 sq. ft. lot) Unique multi family investment property with 4 detached cottages * All four units feature 1 Bed + 1 Bath + living room, kitchen, and laundry room * Three units are approximately 464 sq ft. - One unit with approximately 752 sq. ft. with large family room and larger bedroom * Each unit has it's own numeric street address, enclosed yard spaces, and individual electric and gas meters * Four car garage with four single overhead doors and walled bays * Plenty of parking with two parking pads plus spaces in front of garage. Two additional enclosed community yard spaces. Unlike anything on the market!

Last Agent to Sell the Property

Daniel J. Walsh

RE/MAX of Santa Clarita License #01732900 Listed on: 09/19/2023

RE/MAX of Santa Clarita

Co-Listed By

Kathy Watterson

RE/MAX of Santa Clarita License #01022836

Last Buyer's Agent

Mario Bahramjian

Archetype Real Estate Group In License #01843931

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 9 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Quadruplex
  • Cottage
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 801
  • Tax Tract Number 3493
  • Assessor Parcel Number 2568015014
  • $606 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,200
  • Water Sewer Expense $3,000
  • Operating Expense $11,325
  • Gross Income $45,300
  • Net Operating Income $32,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 2.70
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2568015014
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 489.74
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Parking Space
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14110.00
  • Lot Size Acres: 0.3239
  • Latitude Manual: 34.24911100

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 45300.00
  • Gross Multiplier: 27.58
  • Gross Scheduled Income: 45300.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 14110.0000 Square Feet
  • Net Operating Income: 32175.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 11325.00
  • Operating Expense Percent: 25.00
  • Rent Control: Yes
  • Total Actual Rent: 3775.00
  • Total Expenses: 11325.00

Tax Info

  • Tax Census Tract: 1012.20
  • Tax Lot: 801
  • Tax Tract Number: 3493
  • TaxOtherAnnualAssessmentAmount: 606.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Sep 26, 2023
Sold by
Eric J Taylor Revocable Trust
Bought by
Dermel Llc
Seller's Agent
Daniel J. Walsh
RE/MAX of Santa Clarita
Buyer's Agent
Mario Bahramjian
Archetype Real Estate Group In
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
12
Current Estimated Value
$1,198,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,763
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Jul 13, 2006
Sold by
Taylor Eric J
Bought by
Taylor Eric J and The Eric J Taylor Revocable Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dermel Llc $1,050,000 Ticor Title
Taylor Eric J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $1,050,000 -12.5% $490 / Sq Ft
09/19/2023 09/19/23 For Sale $1,200,000 -- $560 / 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 $13,209 $1,071,000 $642,600 $428,400
2024 $13,209 $1,050,000 $630,000 $420,000
2023 $3,572 $246,700 $99,555 $147,145
2022 $3,425 $241,863 $97,603 $144,260
2021 $3,377 $237,122 $95,690 $141,432
2020 $3,403 $234,691 $94,709 $139,982
2019 $3,289 $230,090 $92,852 $137,238
2018 $3,119 $225,580 $91,032 $134,548
2016 $2,970 $216,823 $87,499 $129,324
2015 $2,932 $213,567 $86,185 $127,382
2014 $2,972 $209,384 $84,497 $124,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23166906

California Regional Multiple Listing Service (CRMLS)

APN: 2568-015-014